Gorman-Rupp (GRC) Expected to Announce Earnings on Friday

Gorman-Rupp (NYSE:GRC - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Friday, July 25th. Analysts expect the company to announce earnings of $0.55 per share and revenue of $174.60 million for the quarter.

Gorman-Rupp (NYSE:GRC - Get Free Report) last posted its earnings results on Thursday, April 24th. The industrial products company reported $0.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.02. Gorman-Rupp had a net margin of 6.68% and a return on equity of 13.57%. The firm had revenue of $163.95 million during the quarter, compared to analysts' expectations of $164.84 million. On average, analysts expect Gorman-Rupp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Gorman-Rupp Stock Performance

Shares of Gorman-Rupp stock traded down $0.25 on Friday, reaching $37.21. The stock had a trading volume of 56,233 shares, compared to its average volume of 69,493. The business's 50-day moving average price is $37.16 and its two-hundred day moving average price is $36.78. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.35 and a current ratio of 2.42. Gorman-Rupp has a fifty-two week low of $30.87 and a fifty-two week high of $43.79. The stock has a market cap of $978.25 million, a P/E ratio of 22.02, a price-to-earnings-growth ratio of 1.45 and a beta of 1.17.

Gorman-Rupp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were paid a dividend of $0.185 per share. This represents a $0.74 annualized dividend and a yield of 1.99%. The ex-dividend date was Thursday, May 15th. Gorman-Rupp's payout ratio is currently 43.79%.

Institutional Investors Weigh In On Gorman-Rupp

Several institutional investors and hedge funds have recently bought and sold shares of GRC. Jane Street Group LLC increased its holdings in Gorman-Rupp by 203.0% in the 1st quarter. Jane Street Group LLC now owns 48,499 shares of the industrial products company's stock valued at $1,702,000 after buying an additional 32,494 shares during the period. Goldman Sachs Group Inc. increased its holdings in Gorman-Rupp by 9.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 281,709 shares of the industrial products company's stock valued at $9,888,000 after buying an additional 25,033 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Gorman-Rupp by 13.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 64,912 shares of the industrial products company's stock valued at $2,278,000 after buying an additional 7,667 shares during the period. Institutional investors own 59.26% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Gorman-Rupp from a "buy" rating to a "strong-buy" rating in a research note on Friday, April 25th.

Gorman-Rupp Company Profile

The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems in the United States and internationally. The company's products include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed flow, vertical turbine line shaft, submersible, high-pressure booster, rotary gear, diaphragm, bellows, and oscillating pumps.