Zacks Research Forecasts Graco's FY2026 Earnings (NYSE:GGG)

Key Points

• Zacks Research lowered Graco’s FY2026 EPS forecast to $3.21 from $3.24, still above the broader consensus estimate of $3.19. The firm projects EPS of $3.44 for FY2027 and $3.88 for FY2028.
• Analyst sentiment remains cautious: Graco has an average “Hold” rating and a consensus price target of $95, compared with shares trading near $79.14.
• Graco’s latest quarter showed mixed results, with EPS of $0.91 beating estimates but revenue of $590.55 million falling short of forecasts; revenue nevertheless increased 3.3% year over year. The company also pays a $0.295 quarterly dividend, yielding about 1.5%.

Graco Inc. (NYSE:GGG - Free Report) - Stock analysts at Zacks Research decreased their FY2026 earnings per share (EPS) estimates for shares of Graco in a note issued to investors on Thursday, August 27th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $3.21 for the year, down from their prior forecast of $3.24. The consensus estimate for Graco's current full-year earnings is $3.19 per share. Zacks Research also issued estimates for Graco's Q4 2027 earnings at $0.96 EPS, FY2027 earnings at $3.44 EPS, Q1 2028 earnings at $0.80 EPS and FY2028 earnings at $3.88 EPS.

Several other analysts have also weighed in on GGG. Robert W. Baird set a $94.00 target price on shares of Graco in a research note on Friday, July 24th. Wolfe Research downgraded shares of Graco from an "outperform" rating to a "peer perform" rating in a research report on Thursday, July 9th. Weiss Ratings raised shares of Graco from a "hold (c-)" rating to a "hold (c)" rating in a report on Tuesday, August 4th. DA Davidson reaffirmed a "neutral" rating and set a $85.00 price objective on shares of Graco in a research report on Monday, July 27th. Finally, Royal Bank Of Canada increased their price objective on shares of Graco from $92.00 to $96.00 and gave the stock an "outperform" rating in a research note on Friday, July 24th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $95.00.

Graco Price Performance

Shares of GGG opened at $79.14 on Monday. The stock has a market capitalization of $12.82 billion, a PE ratio of 24.89, a price-to-earnings-growth ratio of 2.49 and a beta of 0.92. The business's fifty day moving average price is $78.16 and its 200 day moving average price is $81.55. Graco has a 12-month low of $72.51 and a 12-month high of $95.69.

Graco (NYSE:GGG - Get Free Report) last issued 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 business had revenue of $590.55 million during 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 business's quarterly revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.75 EPS.

Graco Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, July 20th were given a $0.295 dividend. The ex-dividend date of this dividend was Monday, July 20th. This represents a $1.18 annualized dividend and a yield of 1.5%. Graco's dividend payout ratio (DPR) is currently 37.11%.

Institutional Investors Weigh In On Graco

Hedge funds have recently added to or reduced their stakes in the stock. Cassaday & Co Wealth Management LLC bought a new position in shares of Graco during the first quarter worth about $26,000. Whipplewood Advisors LLC lifted its position in Graco by 2,650.0% in the 1st quarter. Whipplewood Advisors LLC now owns 330 shares of the industrial products company's stock valued at $28,000 after purchasing an additional 318 shares during the last quarter. Essential Partners LLC lifted its position in Graco by 78.6% in 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 during the last quarter. Geneos Wealth Management Inc. boosted its stake in 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 during the period. Finally, Root Financial Partners LLC boosted its stake in Graco by 43.2% during the 1st quarter. Root Financial Partners LLC now owns 504 shares of the industrial products company's stock valued at $43,000 after purchasing an additional 152 shares during the period. 93.88% of the stock is currently owned by institutional investors.

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.

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