Graco Inc. Expected to Post FY2025 Earnings of $3.21 Per Share (NYSE:GGG)

Graco Inc. (NYSE:GGG - Free Report) - Equities research analysts at Zacks Research increased their FY2025 earnings per share estimates for shares of Graco in a report released on Wednesday, April 17th. Zacks Research analyst R. Department now anticipates that the industrial products company will earn $3.21 per share for the year, up from their prior estimate of $3.20. The consensus estimate for Graco's current full-year earnings is $3.14 per share. Zacks Research also issued estimates for Graco's FY2026 earnings at $3.35 EPS.

Graco (NYSE:GGG - Get Free Report) last issued its quarterly earnings data on Monday, January 29th. The industrial products company reported $0.80 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.01. The firm had revenue of $566.64 million during the quarter, compared to analyst estimates of $565.86 million. Graco had a return on equity of 24.61% and a net margin of 23.07%.

GGG has been the subject of a number of other reports. StockNews.com raised Graco from a "hold" rating to a "buy" rating in a report on Wednesday, January 3rd. Royal Bank of Canada boosted their price objective on Graco from $91.00 to $93.00 and gave the stock an "outperform" rating in a report on Wednesday, January 31st. Finally, Jefferies Financial Group boosted their price objective on Graco from $90.00 to $100.00 and gave the stock a "buy" rating in a report on Thursday, January 11th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $84.80.

Graco Stock Performance

GGG traded down $0.33 during midday trading on Thursday, reaching $88.10. 455,832 shares of the company were exchanged, compared to its average volume of 651,570. The company's fifty day moving average price is $91.18 and its 200 day moving average price is $84.32. The company has a market cap of $14.85 billion, a price-to-earnings ratio of 30.17, a price-to-earnings-growth ratio of 2.84 and a beta of 0.81. Graco has a one year low of $68.78 and a one year high of $94.77.

Institutional Investors Weigh In On Graco

Institutional investors and hedge funds have recently made changes to their positions in the business. Tobam increased its stake in Graco by 2,330.8% in the fourth quarter. Tobam now owns 316 shares of the industrial products company's stock valued at $27,000 after acquiring an additional 303 shares during the last quarter. Sound Income Strategies LLC bought a new position in Graco in the fourth quarter valued at $28,000. Fortitude Family Office LLC bought a new position in Graco in the fourth quarter valued at $29,000. Money Concepts Capital Corp increased its stake in Graco by 569.7% in the fourth quarter. Money Concepts Capital Corp now owns 509 shares of the industrial products company's stock valued at $34,000 after acquiring an additional 433 shares during the last quarter. Finally, Eagle Bay Advisors LLC bought a new position in Graco in the second quarter valued at $35,000. Hedge funds and other institutional investors own 93.88% of the company's stock.

Insiders Place Their Bets

In other Graco news, VP Angela F. Wordell sold 3,588 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $93.60, for a total transaction of $335,836.80. Following the sale, the vice president now owns 12,725 shares in the company, valued at $1,191,060. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, VP Angela F. Wordell sold 3,588 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $93.60, for a total value of $335,836.80. Following the sale, the vice president now owns 12,725 shares in the company, valued at $1,191,060. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Anthony J. Gargano sold 1,395 shares of the stock in a transaction on Friday, February 9th. The stock was sold at an average price of $88.00, for a total value of $122,760.00. Following the completion of the sale, the insider now owns 5,697 shares in the company, valued at approximately $501,336. The disclosure for this sale can be found here. Insiders have sold a total of 48,378 shares of company stock worth $4,376,528 over the last 90 days. Corporate insiders own 2.63% of the company's stock.

Graco Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be given a dividend of $0.255 per share. The ex-dividend date is Friday, April 12th. This represents a $1.02 annualized dividend and a dividend yield of 1.16%. Graco's dividend payout ratio is currently 34.69%.

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.