FY2025 Earnings Forecast for Graco Inc. (NYSE:GGG) Issued By Zacks Research

Graco Inc. (NYSE:GGG) – Equities research analysts at Zacks Research upped their FY2025 earnings estimates for Graco in a report released on Wednesday, April 17th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings per share of $3.21 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.

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

Graco Price Performance

Shares of GGG opened at $88.42 on Thursday. Graco has a 12 month low of $68.78 and a 12 month high of $94.77. The stock’s 50-day moving average is $91.18 and its two-hundred day moving average is $84.32. The stock has a market cap of $14.90 billion, a PE ratio of 30.07, a P/E/G ratio of 2.84 and a beta of 0.81.

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

Graco Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be issued a dividend of $0.255 per share. 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 is presently 34.69%.

Insider Buying and Selling at Graco

In related news, insider Timothy R. White sold 2,895 shares of Graco stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $87.49, for a total value of $253,283.55. Following the completion of the sale, the insider now owns 50,782 shares in the company, valued at $4,442,917.18. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, insider Timothy R. White sold 2,895 shares of Graco stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $87.49, for a total value of $253,283.55. Following the completion of the transaction, the insider now directly owns 50,782 shares in the company, valued at $4,442,917.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Timothy R. White sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $92.82, for a total value of $232,050.00. Following the sale, the insider now owns 48,282 shares in the company, valued at approximately $4,481,535.24. The disclosure for this sale can be found here. Insiders have sold a total of 48,378 shares of company stock valued at $4,376,528 in the last three months. Corporate insiders own 2.63% of the company’s stock.

Hedge Funds Weigh In On Graco

Hedge funds have recently added to or reduced their stakes in the business. Cetera Advisor Networks LLC grew its position 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 valued at $437,000 after buying an additional 184 shares during the last quarter. Bank of Montreal Can increased its position in Graco by 18.1% in 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 acquiring an additional 13,302 shares during the period. Great West Life Assurance Co. Can raised its stake in shares of Graco by 8.3% during the first quarter. Great West Life Assurance Co. Can now owns 96,025 shares of the industrial products company’s stock valued at $6,879,000 after purchasing an additional 7,396 shares in the last quarter. Raymond James Trust N.A. raised its position in shares of 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 worth $407,000 after buying an additional 440 shares in the last quarter. Finally, Vontobel Holding Ltd. lifted its position in Graco by 74.3% in the first quarter. Vontobel Holding Ltd. now owns 9,636 shares of the industrial products company’s stock worth $684,000 after purchasing an additional 4,108 shares during the period. Institutional investors and hedge funds 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.