Graco (GGG) Expected to Announce Earnings on Wednesday

Graco (NYSE:GGG - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.78 per share and revenue of $590.57 million for the quarter.

Graco (NYSE:GGG - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The industrial products company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.02. The company had revenue of $528.28 million for the quarter, compared to analyst estimates of $526.98 million. Graco had a return on equity of 19.42% and a net margin of 22.70%. Graco's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.65 earnings per share. On average, analysts expect Graco to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Graco Trading Up 1.1%

Shares of Graco stock traded up $0.93 on Thursday, reaching $87.40. 296,932 shares of the company were exchanged, compared to its average volume of 796,551. Graco has a fifty-two week low of $72.06 and a fifty-two week high of $92.86. The firm has a market capitalization of $14.61 billion, a price-to-earnings ratio of 30.87, a price-to-earnings-growth ratio of 2.91 and a beta of 1.06. The stock has a fifty day moving average price of $85.65 and a 200-day moving average price of $83.97.

Graco Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Shareholders of record on Monday, July 21st will be paid a $0.275 dividend. The ex-dividend date of this dividend is Monday, July 21st. This represents a $1.10 dividend on an annualized basis and a yield of 1.26%. Graco's dividend payout ratio (DPR) is currently 38.87%.

Wall Street Analysts Forecast Growth

Separately, Wolfe Research began coverage on Graco in a research note on Wednesday, June 18th. They set an "outperform" rating for the company. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Graco presently has an average rating of "Moderate Buy" and an average price target of $93.00.

Insider Buying and Selling at Graco

In other Graco news, insider David J. Thompson sold 3,588 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the insider owned 27,520 shares of the company's stock, valued at $2,373,049.60. This represents a 11.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 2.19% of the company's stock.

Hedge Funds Weigh In On Graco

An institutional investor recently raised its position in Graco stock. Goldman Sachs Group Inc. increased its holdings in shares of Graco Inc. (NYSE:GGG - Free Report) by 15.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 330,409 shares of the industrial products company's stock after acquiring an additional 44,573 shares during the period. Goldman Sachs Group Inc. owned about 0.20% of Graco worth $27,592,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.