About Graco (NYSE:GGG)
Graco Inc. designs, manufactures and markets systems and equipment used to move, measure, control, dispense and spray fluid and powder materials. The Company specializes in equipment for applications that involve materials with viscosities, materials with abrasive or corrosive properties, and multiple-component materials that require ratio control. The Company operates through three segments: Industrial, Process and Contractor. The Industrial segment markets equipment and pre-engineered packages for moving and applying paints, coatings, sealants, adhesives and other fluids. The Process segment markets pumps, valves, meters and accessories to move and dispense chemicals, oil and natural gas, water, wastewater, petroleum, food, lubricants and other fluids. The Contractor segment markets sprayers for architectural coatings for painting, corrosion control, texture and line striping. Its equipment is used in the manufacturing, processing, construction and maintenance industries.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Pump & Pumping Equipment
- Sub-Industry: Industrial Machinery
- Symbol: NYSE:GGG
- CUSIP: 38410910
- Web: www.graco.com
- Market Cap: $7.17 billion
- Outstanding Shares: 55,996,000
- 50 Day Moving Avg: $121.97
- 200 Day Moving Avg: $112.02
- 52 Week Range: $72.88 - $127.96
Sales & Book Value:
- Trailing P/E Ratio: 81.19
- Foreward P/E Ratio: 27.70
- P/E Growth: 2.47
- Annual Revenue: $1.4 billion
- Price / Sales: 5.12
- Book Value: $11.64 per share
- Price / Book: 10.99
- Annual Dividend: $1.44
- Dividend Yield: 1.1%
- EBITDA: $397.35 million
- Net Margins: 6.50%
- Return on Equity: 40.21%
- Return on Assets: 18.93%
- Debt-to-Equity Ratio: 0.36%
- Current Ratio: 2.20%
- Quick Ratio: 1.36%
- Average Volume: 263,929 shs.
- Beta: 1.25
- Short Ratio: 4.92
Frequently Asked Questions for Graco (NYSE:GGG)
What is Graco's stock symbol?
Graco trades on the New York Stock Exchange (NYSE) under the ticker symbol "GGG."
How often does Graco pay dividends? What is the dividend yield for Graco?
Graco declared a quarterly dividend on Friday, September 22nd. Investors of record on Monday, October 16th will be paid a dividend of $0.36 per share on Wednesday, November 1st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date is Friday, October 13th. View Graco's Dividend History.
How were Graco's earnings last quarter?
Graco Inc. (NYSE:GGG) released its quarterly earnings results on Wednesday, July, 26th. The company reported $1.38 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.07 by $0.32. The business earned $379.50 million during the quarter, compared to analysts' expectations of $369.36 million. Graco had a net margin of 6.50% and a return on equity of 40.21%. The company's revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.89 EPS. View Graco's Earnings History.
When will Graco make its next earnings announcement?
Where is Graco's stock going? Where will Graco's stock price be in 2017?
6 equities research analysts have issued twelve-month price targets for Graco's stock. Their forecasts range from $90.00 to $129.00. On average, they expect Graco's stock price to reach $106.60 in the next year. View Analyst Ratings for Graco.
Who are some of Graco's key competitors?
Some companies that are related to Graco include Pentair PLC. (PNR), W.W. Grainger (GWW), Xylem (XYL), Packaging Corporation of America (PKG), Smith (A.O.) Corporation (AOS), Fortune Brands Home & Security (FBHS), AB SKF (SKFRY), IDEX Corporation (IEX), Alcoa Corp (AA), Avery Dennison Corporation (AVY), Sealed Air Corporation (SEE), Allegion PLC (ALLE), Crown Holdings (CCK), BPC Acquisition Corp (BERY), Nordson Corporation (NDSN), The Middleby Corporation (MIDD), HD Supply Holdings (HDS) and Hubbell (HUBB).
Who are Graco's key executives?
Graco's management team includes the folowing people:
- Lee R. Mitau, Independent Chairman of the Board
- Patrick J. McHale, President, Chief Executive Officer, Director
- Christian E. Rothe, Chief Financial Officer, Treasurer
- Dale D. Johnson, President, Worldwide Contractor Equipment Division
- David M. Lowe, Executive Vice President - Industrial Products Division
- Charles L. Rescorla, Vice President - Corporate Manufacturing, Distribution Operations and Corporate Development .
- Karen Park Gallivan, Vice President, General Counsel, Secretary
- Mark D. Eberlein, Vice President and General Manager - Process Division
- Jeffrey P. Johnson, Vice President and General Manager, EMEA
- Bernard J. Moreau, Vice President and General Manager, South and Central America
Who owns Graco stock?
Graco's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.14%), APG Asset Management N.V. (0.10%), Montrusco Bolton Investments Inc. (0.05%), State Treasurer State of Michigan (0.04%), Albert D Mason Inc. (0.03%) and Shell Asset Management Co. (0.03%). Company insiders that own Graco stock include Bernard J Moreau, Brian J Zumbolo, Caroline M Chambers, Charles L Rescorla, Dale D Johnson, David M Ahlers, David M Lowe, Elena Polyakova, Eric Etchart, J Kevin Gilligan, Jack W Eugster, Jeffrey P Johnson, Karen Park Gallivan, Lee R Mitau, Mark W Sheahan, Martha A M Morfitt, Patrick J Mchale, Peter J O'shea, Sant R William Van and William J Carroll. View Institutional Ownership Trends for Graco.
Who sold Graco stock? Who is selling Graco stock?
Graco's stock was sold by a variety of institutional investors in the last quarter, including Montrusco Bolton Investments Inc., State Treasurer State of Michigan and Albert D Mason Inc.. Company insiders that have sold Graco stock in the last year include Brian J Zumbolo, Caroline M Chambers, Charles L Rescorla, Dale D Johnson, David M Ahlers, David M Lowe, Elena Polyakova, Eric Etchart, Jack W Eugster, Jeffrey P Johnson, Karen Park Gallivan, Lee R Mitau, Mark W Sheahan, Martha A M Morfitt, Peter J O'shea, Sant R William Van and William J Carroll. View Insider Buying and Selling for Graco.
Who bought Graco stock? Who is buying Graco stock?
Graco's stock was purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., APG Asset Management N.V., Shell Asset Management Co., Curbstone Financial Management Corp, Oakbrook Investments LLC and Meeder Asset Management Inc.. Company insiders that have bought Graco stock in the last two years include Elena Polyakova and Mark W Sheahan. View Insider Buying and Selling for Graco.
How do I buy Graco stock?
Shares of Graco can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Graco's stock price today?
MarketBeat Community Rating for Graco (NYSE GGG)MarketBeat's community ratings are surveys of what our community members think about Graco and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Graco stock can currently be purchased for approximately $127.96.
Consensus Ratings for Graco (NYSE:GGG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||6 Hold Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$106.60 (16.69% downside)|Consensus Price Target History for Graco (NYSE:GGG)
Analysts' Ratings History for Graco (NYSE:GGG)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/4/2017||Robert W. Baird||Reiterated Rating||Hold||$129.00||Low|
|8/1/2017||Wolfe Research||Reiterated Rating||Underperform -> Market Perform||Low|
|7/28/2017||Royal Bank Of Canada||Reiterated Rating||Hold||Medium|
|7/11/2017||FBR & Co||Reiterated Rating||Marketperform||Low|
|6/5/2017||Deutsche Bank AG||Reiterated Rating||Hold||$105.00 -> $110.00||Low|
|2/1/2017||Wunderlich||Downgrade||Buy -> Hold||$90.00||N/A|
|7/21/2016||William Blair||Downgrade||Outperform -> Market Perform||$89.00 -> $78.00||N/A|
|4/14/2016||SunTrust Banks, Inc.||Downgrade||Buy -> Neutral||$85.00||N/A|
|4/4/2016||Sidoti||Downgrade||Buy -> Neutral||$92.00||N/A|
|3/22/2016||Seaport Global Securities||Downgrade||Accumulate -> Neutral||$80.00||N/A|
|1/26/2016||Oppenheimer Holdings, Inc.||Reiterated Rating||Market Perform||N/A|
Earnings History for Graco (NYSE:GGG)Earnings History by Quarter for Graco (NYSE GGG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017||Q2 2017||$1.07||$1.38||$369.36 million||$379.50 million||View||N/A|
|4/26/2017||Q1 2017||$0.75||$1.05||$315.62 million||$340.59 million||View||N/A|
|1/30/2017||Q416||$0.86||$1.00||$326.05 million||$349.10 million||View||Listen|
|10/19/2016||Q316||$0.89||$0.95||$331.66 million||$327.20 million||View||Listen|
|7/20/2016||Q216||$1.00||$0.89||$352.49 million||$348.10 million||View||Listen|
|4/20/2016||Q116||$0.76||$0.70||$308.83 million||$304.90 million||View||Listen|
|1/25/2016||Q415||$0.78||$0.93||$315.68 million||$325.60 million||View||Listen|
|10/21/2015||Q315||$0.84||$0.86||$320.52 million||$319.00 million||View||Listen|
|7/22/2015||Q215||$0.87||$1.05||$336.80 million||$335.50 million||View||Listen|
|4/22/2015||Q115||$0.80||$1.14||$309.85 million||$306.50 million||View||Listen|
|1/26/2015||Q414||$0.85||$0.80||$299.85 million||$306.00 million||View||Listen|
|10/22/2014||Q314||$0.94||$0.97||$303.70 million||$302.60 million||View||Listen|
|7/23/2014||Q214||$0.99||$1.07||$30.93 billion||$322.50 million||View||Listen|
|4/23/2014||Q114||$0.82||$0.81||$282.11 million||$290.00 million||View||Listen|
|1/28/2014||Q413||$0.77||$0.71||$270.69 million||$271.90 million||View||Listen|
|10/24/2013||Q313||$0.83||$0.89||$272.80 million||$277.04 million||View||Listen|
|7/24/2013||Q2 2013||$0.85||$0.92||$281.29 million||$286.00 million||View||Listen|
|4/24/2013||Q1 2013||$0.73||$0.84||$271.60 million||$269.10 million||View||Listen|
|1/28/2013||Q4 2012||$0.60||$0.68||$251.24 million||$253.70 million||View||Listen|
Earnings Estimates for Graco (NYSE:GGG)
2017 EPS Consensus Estimate: $3.83
2018 EPS Consensus Estimate: $4.34
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Graco (NYSE:GGG)
|Dividend Growth:||9.70% (3 Year Average)|
|Payout Ratio:||92.90% (Trailing 12 Months of Earnings) |
31.72% (Based on This Year's Estimates)
31.17% (Based on Next Year's Estimates)
|Track Record:||12 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Graco (NYSE GGG)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Graco (NYSE:GGG)
Insider Ownership Percentage: 5.70%Insider Trades by Quarter for Graco (NYSE:GGG)
Institutional Ownership Percentage: 86.81%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/3/2017||Eric Etchart||Director||Sell||759||$124.90||$94,799.10|| |
|9/15/2017||David M Ahlers||VP||Sell||22,500||$120.01||$2,700,225.00|| |
|9/15/2017||Eric Etchart||Director||Sell||757||$119.20||$90,234.40|| |
|9/8/2017||David M Lowe||Insider||Sell||30,000||$115.50||$3,465,000.00|| |
|7/27/2017||Karen Park Gallivan||VP||Sell||12,242||$115.00||$1,407,830.00|| |
|6/6/2017||Peter J O'shea||VP||Sell||15,986||$113.50||$1,814,411.00|| |
|6/2/2017||Eric Etchart||Director||Sell||793||$113.90||$90,322.70|| |
|6/2/2017||Jeffrey P Johnson||VP||Sell||28,000||$113.00||$3,164,000.00|| |
|5/10/2017||Caroline M Chambers||VP||Sell||5,000||$109.45||$547,250.00|| |
|5/9/2017||Charles L Rescorla||VP||Sell||30,000||$109.99||$3,299,700.00|| |
|5/4/2017||Dale D Johnson||Insider||Sell||30,000||$109.03||$3,270,900.00|| |
|5/2/2017||Brian J Zumbolo||VP||Sell||25,500||$108.25||$2,760,375.00|| |
|5/2/2017||Eric Etchart||Director||Sell||415||$108.80||$45,152.00|| |
|5/1/2017||William J Carroll||Director||Sell||8,600||$107.96||$928,456.00|| |
|4/25/2017||Eric Etchart||Director||Sell||302||$98.20||$29,656.40|| |
|4/24/2017||Eric Etchart||Director||Sell||576||$96.78||$55,745.28|| |
|3/15/2017||Eric Etchart||Director||Sell||393||$94.40||$37,099.20|| |
|3/9/2017||Martha A M Morfitt||Director||Sell||3,600||$92.16||$331,776.00|| |
|3/8/2017||Jack W Eugster||Director||Sell||3,578||$93.26||$333,684.28|| |
|3/6/2017||Lee R Mitau||Director||Sell||8,600||$93.24||$801,864.00|| |
|2/23/2017||Eric Etchart||Director||Sell||402||$92.10||$37,024.20|| |
|2/21/2017||Karen Park Gallivan||VP||Sell||13,250||$92.00||$1,219,000.00|| |
|2/21/2017||William J Carroll||Director||Sell||740||$91.77||$67,909.80|| |
|2/9/2017||Sant R William Van||Director||Sell||8,600||$90.82||$781,052.00|| |
|2/3/2017||Lee R Mitau||Director||Sell||3,600||$90.37||$325,332.00|| |
|2/2/2017||David M Lowe||VP||Sell||22,500||$89.08||$2,004,300.00|| |
|12/7/2016||Martha A M Morfitt||Director||Sell||7,100||$83.00||$589,300.00|| |
|11/16/2016||William J Carroll||Director||Sell||3,600||$81.37||$292,932.00|| |
|11/15/2016||Caroline M Chambers||VP||Sell||8,000||$81.98||$655,840.00|| |
|11/14/2016||Karen Park Gallivan||VP||Sell||10,000||$80.00||$800,000.00|| |
|11/10/2016||Mark W Sheahan||VP||Sell||47,000||$79.13||$3,719,110.00|| |
|9/8/2016||Patrick J Mchale||Insider||Sell||11,500||$74.19||$853,185.00|| |
|6/2/2016||Charles L Rescorla||VP||Sell||22,500||$81.73||$1,838,925.00|| |
|5/12/2016||Sant R William Van||Director||Sell||14,700||$81.00||$1,190,700.00|| |
|3/11/2016||Bernard J Moreau||VP||Sell||3,080||$81.29||$250,373.20|| |
|3/9/2016||Jack W Eugster||Director||Sell||1,799||$81.56||$146,726.44|| |
|3/7/2016||David M Ahlers||VP||Sell||23,500||$81.88||$1,924,180.00|| |
|2/29/2016||Peter J O'shea||VP||Sell||8,700||$77.76||$676,512.00|| |
|2/23/2016||J Kevin Gilligan||Director||Sell||8,600||$77.06||$662,716.00|| |
|2/22/2016||Bernard J Moreau||VP||Sell||4,600||$78.00||$358,800.00|| |
|2/19/2016||Sant R. William Van||Director||Sell||1,800||$76.00||$136,800.00|| |
|2/18/2016||Bernard J. Moreau||VP||Sell||4,000||$76.52||$306,080.00|| |
|2/18/2016||Jack W. Eugster||Director||Sell||2,324||$75.91||$176,414.84|| |
|2/17/2016||Karen Park Gallivan||VP||Sell||5,000||$76.32||$381,600.00|| |
|2/17/2016||Lee R. Mitau||Director||Sell||3,600||$76.58||$275,688.00|| |
|2/4/2016||Dale D. Johnson||VP||Sell||17,811||$72.45||$1,290,406.95|| |
|2/3/2016||William J. Carroll||Director||Sell||4,559||$69.18||$315,391.62|| |
|2/1/2016||Mark W Sheahan||VP||Buy||592||$69.53||$41,161.76|| |
|11/3/2015||Peter J. O'shea||VP||Sell||3,000||$74.41||$223,230.00|| |
|10/28/2015||Karen Park Gallivan||VP||Sell||5,000||$73.00||$365,000.00|| |
|10/26/2015||Caroline M. Chambers||VP||Sell||4,000||$72.60||$290,400.00|| |
|5/15/2015||William J Carroll||Director||Sell||3,000||$73.78||$221,340.00|| |
|4/30/2015||Ian Mcculloch Klassen||Director||Buy||26,500||$0.71||$18,815.00|
|3/24/2015||Ian Mcculloch Klassen||Director||Sell||9,500||$0.84||$7,980.00|
|12/4/2014||David M Lowe||VP||Sell||22,500||$80.75||$1,816,875.00|| |
|12/3/2014||Brian J Zumbolo||VP||Sell||14,500||$81.00||$1,174,500.00|| |
|12/2/2014||Sant R William Van||Director||Sell||7,900||$79.95||$631,605.00|| |
|12/1/2014||Caroline M Chambers||VP||Sell||2,000||$79.68||$159,360.00|| |
|11/25/2014||James A Graner||CFO||Sell||22,500||$80.00||$1,800,000.00|| |
|11/25/2014||Karen Park Gallivan||VP||Sell||28,000||$80.00||$2,240,000.00|| |
|10/27/2014||Patrick J Mchale||CEO||Sell||45,000||$75.72||$3,407,400.00|| |
|9/3/2014||James A Graner||CFO||Sell||15,000||$78.00||$1,170,000.00|| |
|9/3/2014||Sant R William Van||Director||Sell||3,600||$78.00||$280,800.00|| |
|8/25/2014||William J Carroll||Director||Sell||6,988||$77.10||$538,774.80|| |
|8/1/2014||Mark D Eberlein||VP||Sell||1,722||$73.23||$126,102.06|| |
|7/30/2014||Mark D Eberlein||VP||Sell||11,100||$76.61||$850,371.00|| |
|2/19/2014||Mark Eberlein||VP||Sell||2,300||$76.39||$175,697.00|| |
|12/4/2013||Dale Johnson||VP||Sell||27,000||$76.00||$2,052,000.00|| |
|11/14/2013||Lee Mitau||Director||Sell||3,600||$78.58||$282,888.00|| |
|11/8/2013||Dyke William Van||Director||Sell||3,000||$76.40||$229,200.00|| |
|9/18/2013||Karen Park Gallivan||VP||Sell||45,000||$73.00||$3,285,000.00|| |
|8/8/2013||Caroline Chambers||VP||Sell||2,000||$71.59||$143,180.00|| |
|8/5/2013||James Graner||CFO||Sell||7,998||$74.02||$592,011.96|| |
|8/1/2013||James Graner||CFO||Sell||1,061||$74.11||$78,630.71|| |
|8/1/2013||Mark W Sheahan||VP||Sell||52,500||$73.39||$3,852,975.00|| |
|5/29/2013||Lee R Mitau||Director||Sell||3,000||$63.10||$189,300.00|| |
|5/23/2013||Brian J Zumbolo||VP||Sell||35,477||$61.15||$2,169,418.55|| |
|5/20/2013||Bernard J Moreau||VP||Sell||7,000||$62.93||$440,510.00|| |
|5/17/2013||Caroline M Chambers||VP||Sell||2,000||$62.33||$124,660.00|| |
|5/16/2013||William J Carroll||Director||Sell||1,700||$62.00||$105,400.00|| |
|5/9/2013||Jack W Eugster||Director||Sell||3,000||$61.89||$185,670.00|| |
|8/10/2012||Patrick J Mchale||CEO||Sell||14,100||$50.00||$705,000.00|| |
Headline Trends for Graco (NYSE:GGG)
Latest Headlines for Graco (NYSE:GGG)
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Graco (GGG) Chart for Monday, October, 23, 2017