Graco Inc. (NYSE:GGG) Receives Average Recommendation of “Hold” from Analysts

Shares of Graco Inc. (NYSE:GGG) have earned an average rating of “Hold” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $95.00.

A number of equities analysts have issued reports on the company. Robert W. Baird set a $94.00 target price on Graco in a report on Friday. Wolfe Research cut Graco from an “outperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. DA Davidson reiterated a “neutral” rating and issued a $85.00 price target on shares of Graco in a research report on Monday, April 27th. Weiss Ratings lowered shares of Graco from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, July 21st. Finally, Royal Bank Of Canada boosted their price objective on shares of Graco from $92.00 to $96.00 and gave the company an “outperform” rating in a report on Friday.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cassaday & Co Wealth Management LLC acquired a new position in Graco in the first quarter valued at about $26,000. Whipplewood Advisors LLC raised 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 purchasing an additional 318 shares during the period. Essential Partners LLC lifted its holdings in shares of Graco by 78.6% during the 1st quarter. Essential Partners LLC now owns 359 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 158 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Graco by 982.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 498 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 452 shares in the last quarter. Finally, Field & Main Bank acquired a new position in shares of Graco in the 4th quarter valued at approximately $41,000. 93.88% of the stock is currently owned by institutional investors.

More Graco News

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

Shares of Graco stock opened at $79.43 on Wednesday. The firm has a fifty day moving average of $75.07 and a two-hundred day moving average of $82.65. The stock has a market capitalization of $12.86 billion, a price-to-earnings ratio of 24.98, a PEG ratio of 2.56 and a beta of 0.93. Graco has a 52 week low of $72.51 and a 52 week high of $95.69.

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

Graco Announces Dividend

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

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.