S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
New CBOE “special perk” helps traders target income every weekend (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
New CBOE “special perk” helps traders target income every weekend (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
New CBOE “special perk” helps traders target income every weekend (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
New CBOE “special perk” helps traders target income every weekend (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver

Graco Stock Price, News & Analysis (NYSE:GGG)

$81.96
+1.18 (+1.46%)
(As of 12/1/2023 ET)
Compare
Today's Range
$80.38
$82.20
50-Day Range
$69.81
$81.96
52-Week Range
$65.23
$87.94
Volume
633,157 shs
Average Volume
584,312 shs
Market Capitalization
$13.83 billion
P/E Ratio
26.96
Dividend Yield
1.15%
Price Target
$80.50

Graco MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
1.8% Downside
$80.50 Price Target
Short Interest
Healthy
0.96% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.18
Upright™ Environmental Score
News Sentiment
0.53mentions of Graco in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$3.74 M Sold Last Quarter
Proj. Earnings Growth
4.28%
From $3.04 to $3.17 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.21 out of 5 stars

Industrial Products Sector

74th out of 174 stocks

Pumps & Pumping Equipment Industry

6th 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 company's Industrial segment offers proportioning systems to spray polyurethane foam and polyurea coatings; 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 provides liquid finishing equipment; paint circulating and supply pumps; paint circulating advanced control systems; plural component coating proportioners; spare parts and accessories; and powder finishing products to coat powder finishing on metals under the Gema and SAT brands. The company's Process segment offers 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. The company's Contractor segment offers sprayers to apply paint to walls and other structures; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors. It sells its products through distributors, original equipment manufacturers, and home center channels; and directly to end-users. The company was incorporated in 1926 and is headquartered in Minneapolis, Minnesota.

GGG Stock Price History

GGG Stock News Headlines

Graco Increases Quarterly Dividend 8.5 Percent
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Graco (NYSE: GGG)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Graco Inc. (NYSE:GGG) Insider Sells $1,047,025.28 in Stock
Graco (GGG) was Impacted by Cyclicality in the End Market
Graco: Good Near And Long-Term Growth Prospects
Director Eric Etchart Sells 6,000 Shares of Graco Inc
Here's Why Graco Inc. (GGG) is a Strong Growth Stock
RBC Capital Keeps Their Buy Rating on Graco (GGG)
Graco Inc. (NYSE:GGG) Q3 2023 Earnings Call Transcript
Q3 2023 Graco Inc Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 11/1 Dividend
10/13/2023
Last Earnings
10/25/2023
Dividend Payable
11/01/2023
Today
12/02/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/29/2024

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
$80.50
High Stock Price Target
$91.00
Low Stock Price Target
$73.00
Potential Upside/Downside
-1.8%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$460.64 million
Pretax Margin
29.09%

Debt

Sales & Book Value

Annual Sales
$2.14 billion
Cash Flow
$3.15 per share
Book Value
$12.97 per share

Miscellaneous

Free Float
163,758,000
Market Cap
$13.83 billion
Optionable
Optionable
Beta
0.79

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GGG Stock Analysis - Frequently Asked Questions

Should I buy or sell Graco stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Graco in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GGG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GGG, but not buy additional shares or sell existing shares.
View GGG analyst ratings
or view top-rated stocks.

What is Graco's stock price target for 2024?

5 brokerages have issued 12-month price targets for Graco's shares. Their GGG share price targets range from $73.00 to $91.00. On average, they predict the company's stock price to reach $80.50 in the next twelve months. This suggests that the stock has a possible downside of 1.8%.
View analysts price targets for GGG
or view top-rated stocks among Wall Street analysts.

How have GGG shares performed in 2023?

Graco's stock was trading at $67.26 at the start of the year. Since then, GGG shares have increased by 21.9% and is now trading at $81.96.
View the best growth stocks for 2023 here
.

Are investors shorting Graco?

Graco saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 1,600,000 shares, a decrease of 7.0% from the October 31st total of 1,720,000 shares. Based on an average daily volume of 676,600 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.0% of the company's stock 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 Monday, January 29th 2024.
View our GGG earnings forecast
.

How were Graco's earnings last quarter?

Graco Inc. (NYSE:GGG) released its quarterly earnings data on Wednesday, October, 25th. The industrial products company reported $0.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.73 by $0.03. The industrial products company earned $539.70 million during the quarter, compared to analysts' expectations of $557.12 million. Graco had a trailing twelve-month return on equity of 25.08% and a net margin of 23.93%. The company's quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.66 EPS.

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

Graco announced a quarterly dividend on Friday, September 15th. Shareholders of record on Monday, October 16th will be given a dividend of $0.235 per share on Wednesday, November 1st. This represents a $0.94 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend is Friday, October 13th.
Read our dividend analysis for GGG
.

Is Graco a good dividend stock?

Graco (NYSE:GGG) pays an annual dividend of $0.94 per share and currently has a dividend yield of 1.16%. The company has been increasing its dividend for 26 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 30.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GGG will have a dividend payout ratio of 29.65% 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 issued shares were issued to shareholders after the closing bell 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 retail and institutional investors. Top institutional shareholders include Fiera Capital Corp (4.70%), Kayne Anderson Rudnick Investment Management LLC (3.38%), Morgan Stanley (2.24%), PineStone Asset Management Inc. (1.55%), Wellington Management Group LLP (1.36%) and Bank of New York Mellon Corp (1.33%). Insiders that own company stock include Angela F Wordell, 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, Kathryn L Schoenrock, Lee R Mitau, Mark W Sheahan, Patrick J Mchale, Sant R William Van, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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..
Read More
This page (NYSE:GGG) was last updated on 12/3/2023 by MarketBeat.com Staff

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