Research Analysts Issue Forecasts for Graco Inc.’s FY2025 Earnings (NYSE:GGG)

Graco Inc. (NYSE:GGG) – Analysts at Zacks Research upped their FY2025 EPS estimates for shares of Graco in a report released on Wednesday, April 17th. Zacks Research analyst R. Department now expects that the industrial products company will earn $3.21 per share for the year, up from their previous estimate of $3.20. The consensus estimate for Graco’s current full-year earnings is $3.14 per share. Zacks Research also issued estimates for Graco’s FY2026 earnings at $3.35 EPS.

Graco (NYSE:GGG) last posted its quarterly earnings data on Monday, January 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.01. Graco had a return on equity of 24.61% and a net margin of 23.07%. The business had revenue of $566.64 million during the quarter, compared to analyst estimates of $565.86 million.

Other equities analysts also recently issued reports about the stock. Royal Bank of Canada upped their price target on shares of Graco from $91.00 to $93.00 and gave the company an “outperform” rating in a report on Wednesday, January 31st. StockNews.com upgraded Graco from a “hold” rating to a “buy” rating in a report on Wednesday, January 3rd. Finally, Jefferies Financial Group raised their price target on Graco from $90.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, January 11th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Graco currently has a consensus rating of “Moderate Buy” and a consensus price target of $84.80.

Graco Stock Down 0.7 %

GGG stock opened at $88.42 on Thursday. The firm’s fifty day simple moving average is $91.18 and its two-hundred day simple moving average is $84.32. The stock has a market capitalization of $14.90 billion, a price-to-earnings ratio of 30.07, a price-to-earnings-growth ratio of 2.84 and a beta of 0.81. Graco has a twelve month low of $68.78 and a twelve month high of $94.77.

Graco Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be paid a $0.255 dividend. The ex-dividend date is Friday, April 12th. This represents a $1.02 annualized dividend and a yield of 1.15%. Graco’s dividend payout ratio (DPR) is currently 34.69%.

Insiders Place Their Bets

In other news, VP Angela F. Wordell sold 3,588 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $93.60, for a total transaction of $335,836.80. Following the transaction, the vice president now owns 12,725 shares of the company’s stock, valued at approximately $1,191,060. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, VP Angela F. Wordell sold 3,588 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $93.60, for a total value of $335,836.80. Following the completion of the sale, the vice president now owns 12,725 shares in the company, valued at approximately $1,191,060. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Timothy R. White sold 2,895 shares of the stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $87.49, for a total transaction of $253,283.55. Following the transaction, the insider now owns 50,782 shares in the company, valued at $4,442,917.18. The disclosure for this sale can be found here. Insiders have sold 48,378 shares of company stock worth $4,376,528 in the last ninety days. 2.63% of the stock is owned by company insiders.

Institutional Trading of Graco

Several hedge funds have recently modified their holdings of GGG. Cetera Advisor Networks LLC raised its stake in shares of Graco by 3.0% during the 1st quarter. Cetera Advisor Networks LLC now owns 6,270 shares of the industrial products company’s stock worth $437,000 after acquiring an additional 184 shares in the last quarter. Bank of Montreal Can lifted its holdings in shares of Graco by 18.1% during the 1st quarter. Bank of Montreal Can now owns 86,910 shares of the industrial products company’s stock valued at $6,176,000 after purchasing an additional 13,302 shares during the last quarter. Great West Life Assurance Co. Can boosted its position in shares of Graco by 8.3% in the 1st quarter. Great West Life Assurance Co. Can now owns 96,025 shares of the industrial products company’s stock worth $6,879,000 after purchasing an additional 7,396 shares in the last quarter. Raymond James Trust N.A. increased its position in Graco by 8.2% during the 1st quarter. Raymond James Trust N.A. now owns 5,834 shares of the industrial products company’s stock valued at $407,000 after buying an additional 440 shares in the last quarter. Finally, Vontobel Holding Ltd. increased its position in Graco by 74.3% during the 1st quarter. Vontobel Holding Ltd. now owns 9,636 shares of the industrial products company’s stock valued at $684,000 after buying an additional 4,108 shares in the last quarter. 93.88% of the stock is owned by hedge funds and other institutional investors.

About Graco

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.