What is DA Davidson's Estimate for Graco FY2025 Earnings?

Key Points

• DA Davidson has revised its FY2025 earnings per share forecast for Graco from $3.00 to $2.95, which is lower than the current consensus estimate of $3.06.
• Graco recently reported $0.75 earnings per share for its latest quarter, missing analysts' expectations of $0.78 and generating revenues of $571.81 million, below the consensus estimate.
• The company declared a quarterly dividend of $0.275 per share, which will be paid on August 6th, and has a current dividend yield of 1.32%.

Graco Inc. (NYSE:GGG - Free Report) - Research analysts at DA Davidson cut their FY2025 earnings per share estimates for Graco in a research report issued to clients and investors on Tuesday, July 29th. DA Davidson analyst M. Summerville now expects that the industrial products company will earn $2.95 per share for the year, down from their prior forecast of $3.00. The consensus estimate for Graco's current full-year earnings is $3.06 per share. DA Davidson also issued estimates for Graco's FY2026 earnings at $3.20 EPS.

Graco (NYSE:GGG - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The industrial products company reported $0.75 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by ($0.03). The firm had revenue of $571.81 million for the quarter, compared to analyst estimates of $590.57 million. Graco had a return on equity of 19.05% and a net margin of 22.26%. Graco's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.77 earnings per share.

Several other research analysts have also recently issued reports on GGG. Wolfe Research began coverage on Graco in a research report on Wednesday, June 18th. They set an "outperform" rating on the stock. Robert W. Baird lifted their target price on Graco from $88.00 to $91.00 and gave the company a "neutral" rating in a research report on Friday, July 25th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Graco presently has an average rating of "Moderate Buy" and an average price target of $94.50.

Graco Trading Up 0.4%

Shares of NYSE:GGG traded up $0.37 during mid-day trading on Thursday, hitting $82.95. 122,879 shares of the company traded hands, compared to its average volume of 829,431. The stock has a market cap of $13.74 billion, a P/E ratio of 29.41, a P/E/G ratio of 2.79 and a beta of 1.04. Graco has a 12-month low of $72.06 and a 12-month high of $92.86. The stock has a 50-day moving average price of $85.64 and a two-hundred day moving average price of $84.17.

Graco Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 6th. Shareholders of record on Monday, July 21st will be given a $0.275 dividend. The ex-dividend date of this dividend is Monday, July 21st. This represents a $1.10 annualized dividend and a yield of 1.3%. Graco's payout ratio is currently 39.01%.

Insiders Place Their Bets

In other Graco news, insider David J. Thompson sold 3,588 shares of the business's stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $86.23, for a total value of $309,393.24. Following the transaction, the insider owned 27,520 shares of the company's stock, valued at approximately $2,373,049.60. The trade was a 11.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.19% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of GGG. Bessemer Group Inc. raised its stake in shares of Graco by 149.5% in the first quarter. Bessemer Group Inc. now owns 4,992 shares of the industrial products company's stock valued at $416,000 after buying an additional 2,991 shares during the period. Asset Management One Co. Ltd. lifted its position in shares of Graco by 13.8% during the 1st quarter. Asset Management One Co. Ltd. now owns 70,117 shares of the industrial products company's stock valued at $5,855,000 after buying an additional 8,490 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new position in shares of Graco during the 1st quarter valued at $2,335,000. Farther Finance Advisors LLC lifted its position in shares of Graco by 150.6% during the 1st quarter. Farther Finance Advisors LLC now owns 7,998 shares of the industrial products company's stock valued at $675,000 after buying an additional 4,806 shares during the last quarter. Finally, Novem Group lifted its position in shares of Graco by 34.5% during the 1st quarter. Novem Group now owns 11,900 shares of the industrial products company's stock valued at $994,000 after buying an additional 3,052 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.