NYSE:GGGGraco Stock Price, Forecast & News

Graco's stock was trading at $47.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GGG shares have increased by 0.6% and is now trading at $48.21. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Graco in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Graco.

Graco is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Graco.

Graco Inc. (NYSE:GGG) released its quarterly earnings results on Wednesday, April, 22nd. The industrial products company reported $0.38 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.44 by $0.06. The industrial products company earned $373.60 million during the quarter, compared to the consensus estimate of $386.49 million. Graco had a return on equity of 31.40% and a net margin of 20.43%. The company's quarterly revenue was down 7.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.51 EPS. View Graco's earnings history.

Graco declared a quarterly dividend on Friday, February 14th. Stockholders of record on Monday, April 20th will be paid a dividend of $0.175 per share on Wednesday, May 6th. This represents a $0.70 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date is Friday, April 17th. View Graco's dividend history.

Graco shares split on the morning of Thursday, December 28th 2017. The 3-1 split was announced on Friday, December 8th 2017. The newly created shares were issued to shareholders after the closing bell on Wednesday, December 27th 2017. An investor that had 100 shares of Graco stock prior to the split would have 300 shares after the split.

4 brokers have issued 12 month price objectives for Graco's shares. Their forecasts range from $43.00 to $47.00. On average, they expect Graco's stock price to reach $45.00 in the next twelve months. This suggests that the stock has a possible downside of 6.7%. View analysts' price targets for Graco.

Media coverage about GGG stock has been trending negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Graco earned a news sentiment score of -2.6 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutGraco.

Graco saw a increase in short interest in May. As of May 15th, there was short interest totaling 3,330,000 shares, an increase of 9.9% from the April 30th total of 3,030,000 shares. Based on an average daily trading volume, of 1,010,000 shares, the short-interest ratio is currently 3.3 days. Approximately 2.0% of the company's shares are short sold. View Graco's Current Options Chain.

Some companies that are related to Graco include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), IDEX (IEX), Xylem (XYL), Ingersoll-Rand (IR), Nordson (NDSN), Snap-on (SNA), Pentair (PNR), Donaldson (DCI), Gardner Denver (GDI), ITT (ITT), Lincoln Electric (LECO) and Woodward, Inc.Common Stock (WWD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Graco investors own include AbbVie (ABBV), Alibaba Group (BABA), AT&T (T), Ecolab (ECL), 3M (MMM), Sherwin-Williams (SHW), Exxon Mobil (XOM), Boeing (BA), Cisco Systems (CSCO) and Consolidated Edison (ED).

Graco trades on the New York Stock Exchange (NYSE) under the ticker symbol "GGG."

Graco's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.84%), Fiera Capital Corp (6.90%), State Street Corp (3.73%), WCM Investment Management LLC (2.00%), Atlanta Capital Management Co. L L C (1.61%) and Bank of New York Mellon Corp (1.42%). Company insiders that own Graco stock include Angela F Wordell, Bernard J Moreau, Caroline M Chambers, Dale D Johnson, David M Ahlers, J Kevin Gilligan, Jack W Eugster, Jeffrey P Johnson, Karen Park Gallivan, Lee R Mitau, Mark D Eberlein, Mark W Sheahan, Martha A M Morfitt, Patrick J Mchale, Peter J O'shea, Timothy R White and William J Carroll. View institutional ownership trends for Graco.

GGG stock was sold by a variety of institutional investors in the last quarter, including Atlanta Capital Management Co. L L C, BlackRock Inc., Gamco Investors INC. ET AL, Principal Financial Group Inc., Paloma Partners Management Co, UBS Group AG, Russell Investments Group Ltd., and Invesco Ltd.. Company insiders that have sold Graco company stock in the last year include Bernard J Moreau, Caroline M Chambers, Dale D Johnson, David M Ahlers, Jack W Eugster, Jeffrey P Johnson, Lee R Mitau, Mark D Eberlein, Martha A M Morfitt, Patrick J Mchale, Peter J O'shea, and William J Carroll. View insider buying and selling activity for Graco.

GGG stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Vontobel Asset Management Inc., TimesSquare Capital Management LLC, Smith Asset Management Group LP, WCM Investment Management LLC, Schroder Investment Management Group, Skandinaviska Enskilda Banken AB publ , and Ensign Peak Advisors Inc. View insider buying and selling activity for Graco.

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

One share of GGG stock can currently be purchased for approximately $48.21.

Graco has a market capitalization of $8.03 billion and generates $1.65 billion in revenue each year. The industrial products company earns $343.85 million in net income (profit) each year or $1.90 on an earnings per share basis. Graco employs 3,700 workers across the globe.

The official website for Graco is www.graco.com.

Graco's mailing address is 88 - 11TH AVENUE N.E., MINNEAPOLIS MN, 55413. The industrial products company can be reached via phone at 612-623-6000 or via email at [email protected]