Zacks Research Issues Negative Estimate for Graco Earnings

Graco Inc. (NYSE:GGG) – Equities research analysts at Zacks Research cut their Q1 2026 earnings per share (EPS) estimates for Graco in a research report issued to clients and investors on Monday, February 17th. Zacks Research analyst R. Department now forecasts that the industrial products company will earn $0.69 per share for the quarter, down from their prior estimate of $0.70. The consensus estimate for Graco’s current full-year earnings is $3.06 per share.

Graco (NYSE:GGG) last announced its quarterly earnings results on Monday, January 27th. The industrial products company reported $0.64 earnings per share 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%.

Other research analysts have also issued research reports about the company. Royal Bank of Canada upped their price target on Graco from $93.00 to $97.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. Robert W. Baird decreased their target price on Graco from $88.00 to $85.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Finally, BNP Paribas raised Graco from a “neutral” rating to an “outperform” rating and set a $105.00 price target for the company in a research note on Thursday, December 19th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $91.50.

Graco Trading Up 0.1 %

Shares of NYSE:GGG opened at $87.28 on Thursday. The company has a market cap of $14.74 billion, a price-to-earnings ratio of 30.95, a price-to-earnings-growth ratio of 2.85 and a beta of 0.84. Graco has a 12 month low of $77.49 and a 12 month high of $94.77. The company has a 50-day moving average price of $84.65 and a 200-day moving average price of $84.89.

Graco Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 7th. Investors of record on Monday, April 14th will be given a dividend of $0.275 per share. The ex-dividend date of this dividend is Monday, April 14th. This represents a $1.10 annualized dividend and a dividend yield of 1.26%. Graco’s dividend payout ratio is presently 39.01%.

Insider Buying and Selling

In related news, EVP Kathryn L. Schoenrock sold 1,527 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $90.30, for a total transaction of $137,888.10. Following the sale, the executive vice president now owns 6,374 shares of the company’s stock, valued at $575,572.20. The trade was a 19.33 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Caroline M. Chambers sold 8,280 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $90.57, for a total transaction of $749,919.60. Following the completion of the sale, the insider now owns 57,612 shares in the company, valued at approximately $5,217,918.84. This trade represents a 12.57 % decrease in their position. The disclosure for this sale can be found here. 2.63% of the stock is owned by insiders.

Institutional Trading of Graco

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank bought a new stake in Graco in the fourth quarter worth $177,434,000. Massachusetts Financial Services Co. MA raised its position in shares of Graco by 26,738.4% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,841,916 shares of the industrial products company’s stock worth $155,255,000 after purchasing an additional 1,835,053 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Graco by 244.4% in the 3rd quarter. Principal Financial Group Inc. now owns 1,990,742 shares of the industrial products company’s stock worth $174,210,000 after purchasing an additional 1,412,704 shares during the last quarter. Northern Trust Corp boosted its stake in Graco by 36.7% in the 4th quarter. Northern Trust Corp now owns 1,929,952 shares of the industrial products company’s stock worth $162,676,000 after purchasing an additional 518,462 shares in the last quarter. Finally, Canoe Financial LP grew its position in Graco by 359.2% during the 4th quarter. Canoe Financial LP now owns 640,474 shares of the industrial products company’s stock valued at $53,986,000 after purchasing an additional 501,003 shares during the last quarter. Hedge funds and other institutional investors 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.