Zacks Research Estimates Graco's FY2025 Earnings (NYSE:GGG)

Graco Inc. (NYSE:GGG - Free Report) - Equities researchers at Zacks Research cut their FY2025 earnings estimates for Graco in a report issued on Wednesday, November 13th. Zacks Research analyst R. Department now forecasts that the industrial products company will earn $3.10 per share for the year, down from their previous estimate of $3.13. The consensus estimate for Graco's current full-year earnings is $2.91 per share. Zacks Research also issued estimates for Graco's Q4 2025 earnings at $0.84 EPS.

Other equities research analysts have also issued research reports about the company. 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. Royal Bank of Canada lowered their price target on shares of Graco from $96.00 to $93.00 and set an "outperform" rating for the company in a report on Friday, October 25th. Finally, DA Davidson reiterated a "neutral" rating and set a $79.00 price objective on shares of Graco in a research report on Friday, September 27th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $89.25.

Graco Stock Up 0.7 %

NYSE GGG traded up $0.59 on Monday, hitting $90.22. The company's stock had a trading volume of 1,627,897 shares, compared to its average volume of 746,671. The firm has a market cap of $15.23 billion, a PE ratio of 31.88, a PEG ratio of 3.07 and a beta of 0.82. The company's 50-day moving average is $85.31 and its 200 day moving average is $82.55. 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 earnings results on Wednesday, October 23rd. The industrial products company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.05). The firm had revenue of $519.21 million during the quarter, compared to the consensus estimate of $538.19 million. Graco had a net margin of 22.87% and a return on equity of 21.24%. Graco's revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.76 earnings per share.

Graco Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Monday, October 21st were issued a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date was Monday, October 21st. Graco's payout ratio is 36.04%.

Insider Activity

In other news, insider Peter J. O'shea sold 18,075 shares of the business's stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $88.76, for a total transaction of $1,604,337.00. Following the completion of the sale, the insider now owns 14,516 shares in the company, valued at $1,288,440.16. The trade was a 55.46 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider David J. Thompson sold 3,216 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $88.31, for a total value of $284,004.96. Following the completion of the transaction, the insider now owns 27,246 shares in the company, valued at approximately $2,406,094.26. This represents a 10.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.63% of the company's stock.

Institutional Investors Weigh In On Graco

Several hedge funds and other institutional investors have recently made changes to their positions in GGG. PineStone Asset Management Inc. boosted its holdings in Graco by 134.4% during the 2nd quarter. PineStone Asset Management Inc. now owns 4,169,176 shares of the industrial products company's stock worth $330,532,000 after acquiring an additional 2,390,602 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in Graco by 244.4% during the third quarter. Principal Financial Group Inc. now owns 1,990,742 shares of the industrial products company's stock worth $174,210,000 after acquiring an additional 1,412,704 shares during the period. State Street Corp grew its stake in Graco by 6.3% in the 3rd quarter. State Street Corp now owns 7,458,988 shares of the industrial products company's stock valued at $652,736,000 after purchasing an additional 443,141 shares during the period. Jacobs Levy Equity Management Inc. grew its position in Graco by 142.9% during the third quarter. Jacobs Levy Equity Management Inc. now owns 652,048 shares of the industrial products company's stock valued at $57,061,000 after buying an additional 383,599 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in Graco in the second quarter valued at about $27,502,000. 93.88% of the stock is owned by institutional investors.

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.