FY2025 Earnings Forecast for Graco Issued By Zacks Research

Graco Inc. (NYSE:GGGFree Report) – Research analysts at Zacks Research cut their FY2025 EPS estimates for shares of Graco in a note issued to investors on Wednesday, November 13th. Zacks Research analyst R. Department now anticipates that the industrial products company will earn $3.10 per share for the year, down from their previous forecast 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.

Graco (NYSE:GGGGet Free Report) last issued its quarterly earnings data 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 for 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%. The business’s revenue was down 3.8% on a year-over-year basis. During the same period last year, the company posted $0.76 earnings per share.

A number of other equities analysts also recently commented on GGG. Royal Bank of Canada decreased their target price on Graco from $96.00 to $93.00 and set an “outperform” rating for the company in a report on Friday, October 25th. DA Davidson restated a “neutral” rating and issued a $79.00 price objective on shares of Graco in a report on Friday, September 27th. Finally, Robert W. Baird reduced their price target on shares of Graco from $88.00 to $85.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Graco has an average rating of “Hold” and an average price target of $89.25.

Check Out Our Latest Report on Graco

Graco Price Performance

GGG opened at $90.22 on Monday. Graco has a one year low of $77.49 and a one year high of $94.77. The business has a 50 day simple moving average of $85.31 and a two-hundred day simple moving average of $82.55. The firm has a market capitalization of $15.23 billion, a price-to-earnings ratio of 31.88, a PEG ratio of 3.07 and a beta of 0.82.

Graco Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Monday, October 21st were given a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date of this dividend was Monday, October 21st. Graco’s dividend payout ratio is presently 36.04%.

Insider Buying and Selling

In other Graco news, insider David J. Thompson sold 3,216 shares of the company’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $88.31, for a total value of $284,004.96. Following the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Peter J. O’shea sold 18,075 shares of Graco stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $88.76, for a total transaction of $1,604,337.00. Following the transaction, the insider now owns 14,516 shares of the company’s stock, valued at $1,288,440.16. The trade was a 55.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.63% of the stock is owned by company insiders.

Hedge Funds Weigh In On Graco

Institutional investors and hedge funds have recently modified their holdings of the stock. State Street Corp grew its position in Graco by 6.3% during 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 last quarter. PineStone Asset Management Inc. grew its holdings in shares of Graco by 134.4% during the second quarter. PineStone Asset Management Inc. now owns 4,169,176 shares of the industrial products company’s stock valued at $330,532,000 after buying an additional 2,390,602 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Graco by 4.8% during the third quarter. Geode Capital Management LLC now owns 4,152,292 shares of the industrial products company’s stock valued at $362,808,000 after buying an additional 188,579 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of 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 valued at $174,210,000 after acquiring an additional 1,412,704 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Graco by 5.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,732,600 shares of the industrial products company’s stock worth $137,361,000 after acquiring an additional 91,794 shares during the last quarter. 93.88% of the stock is currently owned by institutional investors.

Graco Company Profile

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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.

See Also

Earnings History and Estimates for Graco (NYSE:GGG)

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