NYSE:GGG

Graco (GGG) Stock Price, News & Analysis

$89.35
-0.17 (-0.19%)
(As of 04/24/2024 ET)
Today's Range
$88.80
$90.27
50-Day Range
$88.03
$94.64
52-Week Range
$68.78
$94.77
Volume
763,864 shs
Average Volume
653,522 shs
Market Capitalization
$15.06 billion
P/E Ratio
30.39
Dividend Yield
1.14%
Price Target
$84.80

Graco MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
5.1% Downside
$84.80 Price Target
Short Interest
Healthy
1.11% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.18
Upright™ Environmental Score
News Sentiment
0.81mentions of Graco in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$4.38 M Sold Last Quarter
Proj. Earnings Growth
5.73%
From $3.14 to $3.32 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.68 out of 5 stars

Industrial Products Sector

67th out of 168 stocks

Pumps & Pumping Equipment Industry

4th out of 7 stocks

GGG stock logo

About Graco Stock (NYSE:GGG)

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. The Industrial segment provides liquid finishing equipment, paint circulating and supply pumps, paint circulating advanced control systems, plural component coating proportioners, and accessories and spare parts; equipment that pumps, meters, mixes and dispenses sealant, adhesive, and composite materials; and gel-coat equipment, chop and wet-out systems, resin transfer molding systems and applicators, and precision dispensing solutions. It also offers powder finishing products to coat powder finishing on metals under the Gema and SAT brands. The Process segment provides pumps to move and dispense chemicals, water, wastewater, petroleum, food, lubricants, and other fluids; pressure valves used in the oil and natural gas industry, other industrial processes, and research facilities; and chemical injection pumping solutions for injection of chemicals into producing oil wells and pipelines. It also supplies pumps, hose reels, meters, valves, and accessories for fast oil change facilities, service garages, fleet service centers, automobile dealerships, auto parts stores, truck builders, and heavy equipment service centers; and systems, components, and accessories for the automatic lubrication of bearings, gears, and generators in industrial and commercial equipment, compressors, turbines, and on- and off-road vehicles. It sells its products through distributors, original equipment manufacturers, and home center channels, as well as to end-users. The company was incorporated in 1926 and is headquartered in Minneapolis, Minnesota.

GGG Stock Price History

GGG Stock News Headlines

Graco Reports First Quarter Results
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Graco (GGG) Scheduled to Post Earnings on Wednesday
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Graco Inc. (GGG)
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Graco Inc (GGG)
Graco Inc (GGG) Insider Sells Shares
Decoding Graco Inc (GGG): A Strategic SWOT Insight
Graco Announces Regular Quarterly Dividend
Graco Announces Regular Quarterly Dividend
See More Headlines
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Company Calendar

Ex-Dividend for 2/7 Dividend
1/19/2024
Last Earnings
1/29/2024
Dividend Payable
2/07/2024
Ex-Dividend for 5/1 Dividend
4/12/2024
Today
4/24/2024
Next Earnings (Confirmed)
4/24/2024
Dividend Payable
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Pumps & pumping equipment
Sub-Industry
Industrial Machinery
CUSIP
38410910
Employees
4,000
Year Founded
1926

Price Target and Rating

Average Stock Price Target
$84.80
High Stock Price Target
$100.00
Low Stock Price Target
$73.00
Potential Upside/Downside
-5.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$506.51 million
Pretax Margin
27.73%

Debt

Sales & Book Value

Annual Sales
$2.20 billion
Cash Flow
$3.61 per share
Book Value
$13.23 per share

Miscellaneous

Free Float
164,076,000
Market Cap
$15.11 billion
Optionable
Optionable
Beta
0.81

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GGG Stock Analysis - Frequently Asked Questions

Should I buy or sell Graco stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Graco in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GGG shares.
View GGG analyst ratings
or view top-rated stocks.

What is Graco's stock price target for 2024?

4 analysts have issued 12-month price objectives for Graco's shares. Their GGG share price targets range from $73.00 to $100.00. On average, they anticipate the company's share price to reach $84.80 in the next year. This suggests that the stock has a possible downside of 5.1%.
View analysts price targets for GGG
or view top-rated stocks among Wall Street analysts.

How have GGG shares performed in 2024?

Graco's stock was trading at $86.76 at the start of the year. Since then, GGG stock has increased by 3.0% and is now trading at $89.35.
View the best growth stocks for 2024 here
.

Are investors shorting Graco?

Graco saw a increase in short interest in March. As of March 31st, there was short interest totaling 1,850,000 shares, an increase of 13.5% from the March 15th total of 1,630,000 shares. Based on an average daily volume of 670,100 shares, the short-interest ratio is currently 2.8 days. Approximately 1.1% of the company's shares are short sold.
View Graco's Short Interest
.

When is Graco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our GGG earnings forecast
.

How can I listen to Graco's earnings call?

Graco will be holding an earnings conference call on Thursday, April 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Graco's earnings last quarter?

Graco Inc. (NYSE:GGG) released its quarterly earnings data on Monday, January, 29th. The industrial products company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.79 by $0.01. The industrial products company had revenue of $566.64 million for the quarter, compared to analyst estimates of $565.86 million. Graco had a net margin of 23.07% and a trailing twelve-month return on equity of 24.61%.

How often does Graco pay dividends? What is the dividend yield for Graco?

Graco declared a quarterly dividend on Friday, February 16th. Stockholders of record on Monday, April 15th will be paid a dividend of $0.255 per share on Wednesday, May 1st. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date is Friday, April 12th.
Read our dividend analysis for GGG
.

Is Graco a good dividend stock?

Graco (NYSE:GGG) pays an annual dividend of $1.02 per share and currently has a dividend yield of 1.16%. The company has been increasing its dividend for 28 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 34.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GGG will have a dividend payout ratio of 30.72% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GGG.

When did Graco's stock split?

Graco's stock split before market open on Thursday, December 28th 2017. The 3-1 split was announced on Friday, December 8th 2017. The newly created shares were payable to shareholders after the market closes on Wednesday, December 27th 2017. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

What is Patrick J. McHale's approval rating as Graco's CEO?

85 employees have rated Graco Chief Executive Officer Patrick J. McHale on Glassdoor.com. Patrick J. McHale has an approval rating of 93% among the company's employees. This puts Patrick J. McHale in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Graco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Graco investors own include AbbVie (ABBV), Pfizer (PFE), Cisco Systems (CSCO), Procter & Gamble (PG), Archer-Daniels-Midland (ADM), Applied Materials (AMAT), Alibaba Group (BABA), Eastman Chemical (EMN), Kellanova (K) and NVIDIA (NVDA).

Who are Graco's major shareholders?

Graco's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.45%), Mountain Pacific Investment Advisers Inc. ID (0.33%), Sumitomo Mitsui Trust Holdings Inc. (0.21%), Raymond James & Associates (0.19%), Assenagon Asset Management S.A. (0.15%) and North Point Portfolio Managers Corp OH (0.10%). Insiders that own company stock include Angela F Wordell, Anthony J Gargano, Caroline M Chambers, Christian E Rothe, Claudio Merengo, Dale D Johnson, David M Ahlers, David M Lowe, Eric Etchart, J Kevin Gilligan, Jeffrey P Johnson, Jody H Feragen, Kathryn L Schoenrock, Lee R Mitau, Mark W Sheahan, Sant R William Van, Timothy R White and Timothy R White.
View institutional ownership trends
.

How do I buy shares of Graco?

Shares of GGG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Graco have any subsidiaries?
The following companies are subsidiares of Graco: ASM Company Inc., Alco Valves Group, Ecoquip Inc., Electric Torque Machines Inc, GFEC Free Zone Uruguay S.A., GFEC Uruguay S.A., GG Manufacturing s.r.l., Gema (Shanghai) Co. Ltd., Gema Europe s.r.l., Gema México Powder Finishing S. de R.L. de C.V., Gema Switzerland GmbH, Gema USA Inc., GeoBlaster Equipment Sales & Services Inc., Geotechnical Instruments (U.K.) Limited, GlasCraft Inc., Graco Australia Pty Ltd, Graco BV, Graco Canada Inc., Graco Chile SpA, Graco Colombia S.A.S., Graco Distribution BV, Graco Finance Hong Kong Limited, Graco Fluid Equipment (Shanghai) Co. Ltd., Graco Fluid Equipment (Suzhou) Co. Ltd., Graco Fluid Handling (D) Inc., Graco Fluid Handling (H) Inc., Graco Fluid Handling (I) Inc., Graco Global Holdings, Graco GmbH, Graco High Pressure Equipment Inc., Graco Hong Kong Limited, Graco India Private Limited, Graco International Holdings, Graco K.K., Graco Korea Inc., Graco Limited, Graco Malaysia Sdn. Bhd., Graco Minnesota Inc., Graco Ohio Inc., Graco S.A.S., Graco Serviços e Importação de Máquinas e Equipamentos em Geral Ltda., Graco Solutions Inc., Graco Trading (Shanghai) Co. Ltd., Gusmer Europe S.L., Illinois Tool Works Inc. finishing businesses, Landtec North America Inc., Liquid Control Corporation, Lubriquip Inc., Multimaq-Pistolas e Equipamentos Para Pintura Ltda., Q.E.D. Environmental Systems Inc., Q.E.D. Environmental Systems Limited, SAT (Surface Aluminium Technologies) S.r.l., Smith Manufacturing, Smith Surface Preparation Systems Inc., Staffordshire Hydraulic Services Limited, and White Knight Fluid Handling Inc..
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This page (NYSE:GGG) was last updated on 4/24/2024 by MarketBeat.com Staff

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