Equities Analysts Offer Predictions for Graco Q1 Earnings

Graco Inc. (NYSE:GGG - Free Report) - Research analysts at Zacks Research dropped their Q1 2027 earnings estimates for Graco in a research report issued on Thursday, May 29th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings per share of $0.75 for the quarter, down from their previous estimate of $0.77. The consensus estimate for Graco's current full-year earnings is $3.06 per share. Zacks Research also issued estimates for Graco's FY2027 earnings at $3.40 EPS.

Graco Trading Up 0.8%

NYSE GGG traded up $0.68 during trading hours on Monday, reaching $84.44. 558,817 shares of the company's stock were exchanged, compared to its average volume of 816,527. The firm has a fifty day moving average of $81.81 and a 200-day moving average of $84.43. Graco has a one year low of $72.06 and a one year high of $92.86. The stock has a market cap of $14.11 billion, a PE ratio of 29.94, a price-to-earnings-growth ratio of 2.85 and a beta of 1.09.

Graco (NYSE:GGG - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The industrial products company reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.68 by $0.02. The company had revenue of $528.28 million for the quarter, compared to the consensus estimate of $526.98 million. Graco had a return on equity of 19.38% and a net margin of 23.00%. The company's quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.65 earnings per share.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of GGG. Golden State Wealth Management LLC acquired a new stake in shares of Graco in the 4th quarter valued at $25,000. TD Private Client Wealth LLC increased its position in Graco by 118.0% in the fourth quarter. TD Private Client Wealth LLC now owns 351 shares of the industrial products company's stock worth $30,000 after purchasing an additional 190 shares during the period. National Pension Service acquired a new stake in Graco in the fourth quarter worth about $34,000. Whipplewood Advisors LLC bought a new stake in Graco during the 4th quarter worth about $37,000. Finally, WPG Advisers LLC acquired a new position in Graco during the 1st quarter valued at about $41,000. Institutional investors own 93.88% of the company's stock.

Insiders Place Their Bets

In other news, insider David J. Thompson sold 3,588 shares of the stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $86.23, for a total transaction of $309,393.24. Following the sale, the insider now directly owns 27,520 shares of the company's stock, valued at $2,373,049.60. This represents a 11.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 2.19% 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.