Equities Analysts Offer Predictions for Graco Q1 Earnings

Graco Inc. (NYSE:GGG) – Equities researchers at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Graco in a report released on Friday, January 31st. DA Davidson analyst M. Summerville anticipates that the industrial products company will earn $0.67 per share for the quarter. The consensus estimate for Graco’s current full-year earnings is $3.05 per share.

Graco (NYSE:GGG) last released its quarterly earnings results on Monday, January 27th. The industrial products company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.13). Graco had a net margin of 23.00% and a return on equity of 19.38%.

Several other analysts also recently commented on the company. Robert W. Baird reduced their price objective on Graco from $88.00 to $85.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. BNP Paribas raised Graco from a “neutral” rating to an “outperform” rating and set a $105.00 target price on the stock in a report on Thursday, December 19th. Finally, Royal Bank of Canada increased their price target on Graco from $93.00 to $97.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $91.50.

Graco Stock Performance

Shares of NYSE:GGG opened at $84.15 on Monday. Graco has a one year low of $77.49 and a one year high of $94.77. The stock has a market capitalization of $14.21 billion, a price-to-earnings ratio of 29.84, a PEG ratio of 2.70 and a beta of 0.84. The company has a 50-day simple moving average of $86.00 and a 200-day simple moving average of $84.67.

Institutional Trading of Graco

A number of institutional investors have recently bought and sold shares of GGG. Golden State Wealth Management LLC acquired a new stake in shares of Graco in the fourth quarter valued at approximately $25,000. Brooklyn Investment Group purchased a new stake in Graco in the 3rd quarter valued at approximately $30,000. UMB Bank n.a. grew its holdings in Graco by 187.8% during the 3rd quarter. UMB Bank n.a. now owns 495 shares of the industrial products company’s stock valued at $43,000 after buying an additional 323 shares during the last quarter. Eastern Bank purchased a new position in Graco during the third quarter worth $59,000. Finally, Catalyst Capital Advisors LLC acquired a new position in shares of Graco in the fourth quarter worth $61,000. 93.88% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Graco

In related news, insider David J. Thompson sold 3,216 shares of the business’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $88.31, for a total transaction of $284,004.96. Following the sale, the insider now owns 27,246 shares of the company’s stock, valued at approximately $2,406,094.26. The trade was a 10.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Peter J. O’shea sold 18,075 shares of the stock in a transaction dated 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 completion of the transaction, the insider now directly owns 14,516 shares of the company’s stock, valued at approximately $1,288,440.16. This trade represents a 55.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 31,098 shares of company stock valued at $2,776,150. Corporate insiders own 2.63% of the company’s stock.

Graco Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, January 20th will be given a dividend of $0.275 per share. This is a boost from Graco’s previous quarterly dividend of $0.26. The ex-dividend date is Friday, January 17th. This represents a $1.10 annualized dividend and a yield of 1.31%. Graco’s payout ratio is presently 39.01%.

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.