Zacks Research Weighs in on Graco's Q1 Earnings (NYSE:GGG)

Graco Inc. (NYSE:GGG - Free Report) - Research analysts at Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for shares of Graco in a report released on Monday, February 17th. Zacks Research analyst R. Department now forecasts that the industrial products company will earn $0.66 per share for the quarter, down from their previous estimate of $0.67. The consensus estimate for Graco's current full-year earnings is $3.06 per share. Zacks Research also issued estimates for Graco's Q2 2025 earnings at $0.79 EPS, Q4 2025 earnings at $0.78 EPS, FY2025 earnings at $3.00 EPS, Q2 2026 earnings at $0.88 EPS, Q3 2026 earnings at $0.79 EPS, Q4 2026 earnings at $0.85 EPS, FY2026 earnings at $3.21 EPS and FY2027 earnings at $3.57 EPS.

A number of other research analysts have also recently issued reports on GGG. Royal Bank of Canada raised their price objective on Graco from $93.00 to $97.00 and gave the company an "outperform" rating in a research note on Friday, January 3rd. Robert W. Baird reduced their price target on Graco from $88.00 to $85.00 and set a "neutral" rating on the stock in a research report on Friday, October 25th. Finally, BNP Paribas raised Graco from a "neutral" rating to an "outperform" rating and set a $105.00 price target on the stock in a research note on Thursday, December 19th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $91.50.

Graco Stock Performance

NYSE:GGG traded down $1.18 during trading hours on Wednesday, reaching $86.07. The company's stock had a trading volume of 871,301 shares, compared to its average volume of 770,385. The firm has a market capitalization of $14.59 billion, a price-to-earnings ratio of 30.52, a PEG ratio of 2.85 and a beta of 0.84. The firm has a 50-day simple moving average of $84.62 and a 200-day simple moving average of $84.95. Graco has a 1 year low of $77.49 and a 1 year high of $94.77.

Graco (NYSE:GGG - Get Free Report) last posted its quarterly earnings results on Monday, January 27th. The industrial products company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.13). Graco had a return on equity of 19.38% and a net margin of 23.00%.

Graco Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 7th. Investors of record on Monday, April 14th will be issued a dividend of $0.275 per share. The ex-dividend date of this dividend is Monday, April 14th. This represents a $1.10 dividend on an annualized basis and a yield of 1.28%. Graco's dividend payout ratio is presently 39.01%.

Insider Buying and Selling at Graco

In other news, EVP Kathryn L. Schoenrock sold 1,527 shares of Graco stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $90.30, for a total transaction of $137,888.10. Following the sale, the executive vice president now owns 6,374 shares of the company's stock, valued at approximately $575,572.20. The trade was a 19.33 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Caroline M. Chambers sold 8,280 shares of the business's stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $90.57, for a total transaction of $749,919.60. Following the transaction, the insider now owns 57,612 shares in the company, valued at $5,217,918.84. This represents a 12.57 % decrease in their position. The disclosure for this sale can be found here. 2.63% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Institute for Wealth Management LLC. boosted its position in shares of Graco by 2.5% during the fourth quarter. Institute for Wealth Management LLC. now owns 4,860 shares of the industrial products company's stock valued at $410,000 after purchasing an additional 119 shares in the last quarter. Albert D Mason Inc. boosted its holdings in shares of Graco by 0.4% during the 4th quarter. Albert D Mason Inc. now owns 27,923 shares of the industrial products company's stock valued at $2,354,000 after buying an additional 121 shares in the last quarter. Ballentine Partners LLC boosted its holdings in shares of Graco by 3.1% during the 3rd quarter. Ballentine Partners LLC now owns 4,222 shares of the industrial products company's stock valued at $369,000 after buying an additional 128 shares in the last quarter. Optas LLC grew its position in shares of Graco by 4.0% in the 4th quarter. Optas LLC now owns 3,360 shares of the industrial products company's stock worth $283,000 after buying an additional 128 shares during the period. Finally, Brooklyn Investment Group increased its stake in shares of Graco by 39.1% in the 4th quarter. Brooklyn Investment Group now owns 484 shares of the industrial products company's stock worth $41,000 after acquiring an additional 136 shares in the last quarter. Hedge funds and other institutional investors own 93.88% of the company's stock.

Graco Company Profile

Graco Inc designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The Contractor segment offers sprayers to apply paint to walls and other structures; two-component proportioning systems that are used to spray polyurethane foam and polyurea coatings; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors.