Zacks Research Has Positive Outlook of Graco FY2025 Earnings

Key Points

• Zacks Research has raised its FY2025 earnings per share estimate for Graco Inc. to $2.94, slightly up from a previous estimate of $2.93.
• The consensus target price for Graco's stock is currently $94.50, with three analysts rating it a Buy and one a Hold.
• Graco announced a quarterly dividend of $0.275 per share, with a dividend yield of 1.3%, set to be paid on November 5th.

Graco Inc. (NYSE:GGG - Free Report) - Equities research analysts at Zacks Research raised their FY2025 EPS estimates for shares of Graco in a research note issued to investors on Friday, September 26th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $2.94 per share for the year, up from their previous estimate of $2.93. The consensus estimate for Graco's current full-year earnings is $3.06 per share. Zacks Research also issued estimates for Graco's Q4 2025 earnings at $0.75 EPS and Q2 2027 earnings at $0.89 EPS.

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

Graco Trading Up 0.8%

Shares of NYSE:GGG opened at $84.71 on Monday. The firm has a market capitalization of $14.04 billion, a PE ratio of 30.04, a PEG ratio of 2.86 and a beta of 1.03. Graco has a 1-year low of $72.06 and a 1-year high of $92.86. The business's 50 day moving average is $85.03 and its 200-day moving average is $84.07.

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

Graco Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 5th. Stockholders of record on Monday, October 20th will be issued a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, October 20th. Graco's payout ratio is presently 39.01%.

Institutional Investors Weigh In On Graco

A number of hedge funds and other institutional investors have recently bought and sold shares of GGG. NewSquare Capital LLC raised its position in Graco by 320.7% in the 2nd quarter. NewSquare Capital LLC now owns 345 shares of the industrial products company's stock valued at $30,000 after purchasing an additional 263 shares during the last quarter. eCIO Inc. acquired a new stake in shares of Graco in the first quarter valued at $32,000. WPG Advisers LLC acquired a new stake in shares of Graco in the first quarter valued at $41,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Graco by 41.5% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 481 shares of the industrial products company's stock valued at $41,000 after buying an additional 141 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in Graco by 982.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 498 shares of the industrial products company's stock worth $42,000 after buying an additional 452 shares in the last quarter. 93.88% of the stock is owned by institutional investors and hedge funds.

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.

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