Rep. Lisa C. McClain Sells Off Shares of Graco Inc. (NYSE:GGG)

Key Points

• Representative Lisa C. McClain sold between $1,001 and $15,000 in shares of Graco Inc. (NYSE:GGG) on August 4th, as disclosed in a filing on September 12th.
• Graco's most recent earnings report showed $0.75 EPS, which was below analysts' expectations of $0.78, alongside a 3.4% year-over-year revenue growth.
• The company has announced a quarterly dividend of $0.275, with the annualized yield at 1.3%, set to be paid on November 5th.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Graco Inc. NYSE: GGG. In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Graco stock on August 4th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.

Graco Trading Down 0.4%

Shares of GGG traded down $0.38 during mid-day trading on Friday, reaching $84.66. The company's stock had a trading volume of 1,886,139 shares, compared to its average volume of 581,303. Graco Inc. has a 1-year low of $72.06 and a 1-year high of $92.86. The stock has a market cap of $14.03 billion, a P/E ratio of 30.02, a PEG ratio of 2.87 and a beta of 1.03. The business has a 50-day simple moving average of $85.27 and a two-hundred day simple moving average of $84.12.

Graco (NYSE:GGG - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The industrial products company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.03). The business had revenue of $571.81 million during the quarter, compared to analyst estimates of $590.57 million. Graco had a net margin of 22.26% and a return on equity of 19.05%. The business's quarterly revenue was up 3.4% compared to the same quarter last year. During the same period last year, the business earned $0.77 earnings per share. Research analysts anticipate that Graco Inc. will post 3.06 EPS for the current year.

Graco Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 5th. Investors of record on Monday, October 20th will be given a dividend of $0.275 per share. The ex-dividend date of this dividend is Monday, October 20th. This represents a $1.10 annualized dividend and a yield of 1.3%. Graco's dividend payout ratio is 39.01%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Wolfe Research assumed coverage on Graco in a research report on Wednesday, June 18th. They set an "outperform" rating on the stock. Robert W. Baird boosted their price objective on Graco from $88.00 to $91.00 and gave the stock a "neutral" rating in a research report on Friday, July 25th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $94.50.

Institutional Investors Weigh In On Graco

A number of institutional investors and hedge funds have recently made changes to their positions in the business. PineStone Asset Management Inc. increased its stake in Graco by 9.1% in the second quarter. PineStone Asset Management Inc. now owns 3,911,372 shares of the industrial products company's stock valued at $336,261,000 after acquiring an additional 326,877 shares during the last quarter. Principal Financial Group Inc. increased its stake in Graco by 2.7% in the first quarter. Principal Financial Group Inc. now owns 2,390,940 shares of the industrial products company's stock valued at $199,667,000 after acquiring an additional 62,761 shares during the last quarter. Amundi increased its stake in Graco by 12.6% in the second quarter. Amundi now owns 2,023,761 shares of the industrial products company's stock valued at $179,083,000 after acquiring an additional 226,284 shares during the last quarter. Norges Bank bought a new position in Graco in the second quarter valued at $170,661,000. Finally, Invesco Ltd. increased its stake in Graco by 1.6% in the first quarter. Invesco Ltd. now owns 1,828,962 shares of the industrial products company's stock valued at $152,737,000 after acquiring an additional 28,795 shares during the last quarter. Hedge funds and other institutional investors own 93.88% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Graco

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.