FY2026 Earnings Forecast for Graco Issued By Zacks Research

Key Points

• Zacks Research raised Graco’s FY2026 EPS forecast to $3.24 from $3.10, above the current consensus estimate of $3.22. Analysts’ overall rating remains “Hold,” with a consensus price target of $95.
• Graco’s latest quarterly results beat expectations on earnings, reporting $0.91 EPS versus the $0.81 consensus, although revenue of $590.55 million fell short of estimates. Revenue still increased 3.3% year over year.
• Institutional investors own 93.88% of Graco’s shares, while the company pays a quarterly dividend of $0.295, equivalent to an annualized $1.18 and a 1.4% yield.

Graco Inc. (NYSE:GGG - Free Report) - Research analysts at Zacks Research increased their FY2026 earnings per share (EPS) estimates for Graco in a research report issued on Wednesday, August 12th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $3.24 for the year, up from their prior forecast of $3.10. The consensus estimate for Graco's current full-year earnings is $3.22 per share. Zacks Research also issued estimates for Graco's Q3 2027 earnings at $0.85 EPS and Q1 2028 earnings at $0.78 EPS.

A number of other equities analysts also recently commented on the stock. Weiss Ratings upgraded shares of Graco from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday, August 4th. Robert W. Baird set a $94.00 price target on shares of Graco in a research note on Friday, July 24th. Wolfe Research lowered Graco from an "outperform" rating to a "peer perform" rating in a report on Thursday, July 9th. DA Davidson reissued a "neutral" rating and issued a $85.00 price objective on shares of Graco in a research note on Monday, July 27th. Finally, Royal Bank Of Canada raised their price objective on Graco from $92.00 to $96.00 and gave the stock an "outperform" rating in a report 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. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $95.00.

Graco Price Performance

Shares of GGG opened at $82.42 on Thursday. Graco has a 1-year low of $72.51 and a 1-year high of $95.69. The company has a 50-day moving average of $76.76 and a 200 day moving average of $82.25. The firm has a market capitalization of $13.35 billion, a price-to-earnings ratio of 25.92, a PEG ratio of 2.59 and a beta of 0.92.

Graco (NYSE:GGG - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The industrial products company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.81 by $0.10. The firm had revenue of $590.55 million during the quarter, compared to analyst estimates of $608.06 million. Graco had a net margin of 23.53% and a return on equity of 19.54%. The business's revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.75 earnings per share.

Institutional Trading of Graco

Several hedge funds have recently modified their holdings of GGG. BlackRock Inc. acquired a new position in shares of Graco during the second quarter worth $1,396,470,000. Norges Bank purchased a new stake in shares of Graco during the 4th quarter valued at $161,949,000. Bank of New York Mellon Corp acquired a new stake in shares of Graco in the 2nd quarter worth $97,625,000. Bank of Montreal Can boosted its position in shares of Graco by 1,636.9% in the 4th quarter. Bank of Montreal Can now owns 1,011,196 shares of the industrial products company's stock worth $82,888,000 after purchasing an additional 952,977 shares in the last quarter. Finally, Caisse de depot et placement du Quebec grew its stake in Graco by 236.4% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 1,279,553 shares of the industrial products company's stock worth $108,711,000 after buying an additional 899,174 shares during the last quarter. 93.88% of the stock is owned by hedge funds and other institutional investors.

Graco Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, July 20th were issued a $0.295 dividend. The ex-dividend date was Monday, July 20th. This represents a $1.18 dividend on an annualized basis and a yield of 1.4%. Graco's payout ratio is currently 37.11%.

Graco Company Profile

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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