Sidoti Weighs in on Gorman-Rupp's FY2026 Earnings (NYSE:GRC)

Key Points

• Sidoti raised its FY2026 EPS forecast for Gorman-Rupp to $2.88 from $2.67, above the current consensus estimate of $2.67. The firm projects FY2027 EPS of $3.14 and FY2028 EPS of $3.56.
• Gorman-Rupp reported quarterly EPS of $0.86, beating expectations of $0.70, while revenue reached $193.25 million versus the $181.55 million consensus estimate.
• The company increased its quarterly dividend to $0.20 per share from $0.19, implying an annualized dividend of $0.80 and a 1.1% yield. Despite the earnings strength, analysts’ average rating remains “Hold.”

Gorman-Rupp Company (The) (NYSE:GRC - Free Report) - Investment analysts at Sidoti boosted their FY2026 EPS estimates for Gorman-Rupp in a report issued on Monday, October 26th. Sidoti analyst J. Franzreb now expects that the industrial products company will earn $2.88 per share for the year, up from their prior forecast of $2.67. The consensus estimate for Gorman-Rupp's current full-year earnings is $2.67 per share. Sidoti also issued estimates for Gorman-Rupp's Q4 2026 earnings at $0.60 EPS, Q1 2027 earnings at $0.74 EPS, Q2 2027 earnings at $0.87 EPS, Q3 2027 earnings at $0.87 EPS, Q4 2027 earnings at $0.65 EPS, FY2027 earnings at $3.14 EPS, Q1 2028 earnings at $0.92 EPS, Q2 2028 earnings at $0.97 EPS, Q3 2028 earnings at $0.97 EPS and FY2028 earnings at $3.56 EPS.

Gorman-Rupp (NYSE:GRC - Get Free Report) last issued its earnings results on Friday, October 23rd. The industrial products company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.70 by $0.16. Gorman-Rupp had a net margin of 10.20% and a return on equity of 17.47%. The company had revenue of $193.25 million during the quarter, compared to analysts' expectations of $181.55 million.

GRC has been the subject of several other reports. Wall Street Zen downgraded shares of Gorman-Rupp from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 8th. Weiss Ratings reiterated a "buy (b)" rating on shares of Gorman-Rupp in a research note on Wednesday, September 9th. Finally, Zacks Research lowered Gorman-Rupp from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 24th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold".

Gorman-Rupp Stock Performance

NYSE GRC opened at $74.83 on Tuesday. The company has a current ratio of 2.81, a quick ratio of 1.82 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 26.73, a P/E/G ratio of 2.12 and a beta of 1.32. The firm's 50 day simple moving average is $74.80 and its 200 day simple moving average is $71.85. Gorman-Rupp has a 1 year low of $42.31 and a 1 year high of $92.78.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of GRC. Amundi grew its position in Gorman-Rupp by 14.4% during the 2nd quarter. Amundi now owns 140,446 shares of the industrial products company's stock worth $12,885,000 after acquiring an additional 17,722 shares during the last quarter. Principal Financial Group Inc. acquired a new position in Gorman-Rupp in the 1st quarter worth about $923,000. First Trust Advisors LP raised its position in Gorman-Rupp by 326.1% in the first quarter. First Trust Advisors LP now owns 524,400 shares of the industrial products company's stock valued at $32,581,000 after purchasing an additional 401,340 shares during the last quarter. Bank of America Corp DE raised its position in Gorman-Rupp by 1,056.7% in the first quarter. Bank of America Corp DE now owns 302,230 shares of the industrial products company's stock valued at $18,778,000 after purchasing an additional 276,101 shares during the last quarter. Finally, PVG Asset Management Corp acquired a new stake in shares of Gorman-Rupp during the first quarter valued at about $844,000. 59.26% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Gorman-Rupp news, VP D. Patrick Wischmeier sold 5,153 shares of the business's stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $77.62, for a total transaction of $399,975.86. Following the sale, the vice president owned 1,409 shares of the company's stock, valued at approximately $109,366.58. The trade was a 78.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 11.60% of the stock is owned by corporate insiders.

Gorman-Rupp Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 13th will be given a $0.20 dividend. This is an increase from Gorman-Rupp's previous quarterly dividend of $0.19. This represents a $0.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, November 13th. Gorman-Rupp's dividend payout ratio (DPR) is 27.14%.

About Gorman-Rupp

Gorman-Rupp Co designs, manufactures and sells pumps and pumping systems for moving water and other liquids. Its product portfolio includes self-priming centrifugal pumps, standard centrifugal pumps, submersible pumps, rotary gear pumps, diaphragm pumps and related pumping equipment.

The company serves a range of markets, including municipal water and wastewater treatment, construction, agriculture, industrial operations, petroleum, fire protection and emergency services. Its products are used in applications such as sewage handling, flood control, dewatering, irrigation and general fluid transfer.

Founded in 1933 by J.C.

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