Graco Inc. $GGG Shares Purchased by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership increased its position in shares of Graco Inc. (NYSE:GGG) by 80.6% during the 1st quarter, Holdings Channel.com reports. The fund owned 954,347 shares of the industrial products company’s stock after acquiring an additional 426,001 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Graco were worth $80,785,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC acquired a new stake in Graco during the 1st quarter worth approximately $26,000. Whipplewood Advisors LLC increased its position in shares of Graco by 2,650.0% during the first quarter. Whipplewood Advisors LLC now owns 330 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 318 shares during the period. Field & Main Bank purchased a new stake in shares of Graco during the fourth quarter worth $41,000. Geneos Wealth Management Inc. raised its stake in shares of Graco by 982.6% in the first quarter. Geneos Wealth Management Inc. now owns 498 shares of the industrial products company’s stock valued at $42,000 after acquiring an additional 452 shares in the last quarter. Finally, Root Financial Partners LLC boosted its holdings in Graco by 43.2% in the first quarter. Root Financial Partners LLC now owns 504 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 152 shares during the period. 93.88% of the stock is owned by institutional investors and hedge funds.

Graco News Summary

Here are the key news stories impacting Graco this week:

• Positive Sentiment: Graco posted record second-quarter sales and operating earnings, while adjusted EPS of $0.91 beat expectations, helping fuel buying in the stock. Graco (GGG) On Record Q2 Earnings And The Case For More Upside
• Positive Sentiment: Management’s third-quarter sales guidance and reaffirmed full-year outlook signaled confidence in demand trends, backlog growth, and a stronger second half. Graco Inc. Signals Stronger Second Half Ahead
• Positive Sentiment: Royal Bank of Canada raised its price target on Graco to $96 from $92 and kept an outperform rating, reinforcing a bullish analyst view. Benzinga / The Fly analyst update
• Neutral Sentiment: William Blair maintained a Hold rating, saying improving orders and backlog are being offset by only modest near-term growth. Balanced Outlook for Graco
• Neutral Sentiment: Several articles highlighted that revenue came in below some estimates even as profits and margins improved, making the earnings reaction more dependent on outlook than on top-line growth alone. Graco Surpasses Q2 Earnings Estimates, Reaffirms 2026 View

Graco Stock Performance

NYSE:GGG opened at $79.43 on Monday. The stock has a 50-day simple moving average of $75.07 and a 200-day simple moving average of $82.65. The stock has a market cap of $12.86 billion, a P/E ratio of 24.98, a P/E/G ratio of 2.56 and a beta of 0.93. Graco Inc. has a 1 year low of $72.51 and a 1 year high of $95.69.

Graco (NYSE:GGG) last released its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.10. Graco had a return on equity of 19.54% and a net margin of 23.53%.The business had revenue of $590.55 million for the quarter, compared to the consensus estimate of $608.06 million. During the same quarter in the prior year, the business posted $0.75 EPS. The business’s revenue for the quarter was up 3.3% on a year-over-year basis. On average, equities research analysts predict that Graco Inc. will post 3.1 EPS for the current year.

Graco Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Monday, July 20th will be issued a dividend of $0.295 per share. The ex-dividend date of this dividend is Monday, July 20th. This represents a $1.18 dividend on an annualized basis and a yield of 1.5%. Graco’s dividend payout ratio (DPR) is presently 37.11%.

Wall Street Analysts Forecast Growth

GGG has been the subject of several analyst reports. DA Davidson reissued a “neutral” rating and set a $85.00 target price on shares of Graco in a research note on Monday, April 27th. Robert W. Baird set a $94.00 price target on Graco in a research report on Friday. Wolfe Research cut Graco from an “outperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Weiss Ratings downgraded Graco from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, July 21st. Finally, Royal Bank Of Canada upped their target price on shares of Graco from $92.00 to $96.00 and gave the stock an “outperform” rating in a research note on Friday. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $95.00.

About Graco

Graco Inc is a leading manufacturer of fluid handling systems and components, headquartered in Minneapolis, Minnesota. Founded in 1926, the company has built a reputation for innovation in spray finishing, lubrication, and fluid management technologies. Graco’s solutions are designed to address the needs of paint and coatings applicators, general industry, and process fluids in a variety of end markets.

The company’s product portfolio includes airless and air-assisted spray equipment, pumps for oil and gas applications, industrial lubrication systems, and automated dispensing equipment.