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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
US Dollar Replaced By "Biden Bucks"? (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
US Dollar Replaced By "Biden Bucks"? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
US Dollar Replaced By "Biden Bucks"? (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
US Dollar Replaced By "Biden Bucks"? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
US Dollar Replaced By "Biden Bucks"? (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
US Dollar Replaced By "Biden Bucks"? (Ad)
NYSE:GGG

Graco - GGG Stock Forecast, Price & News

$69.71
+1.07 (+1.56%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$68.19
$69.71
50-Day Range
$56.92
$69.71
52-Week Range
$56.48
$81.09
Volume
415,031 shs
Average Volume
541,990 shs
Market Capitalization
$11.79 billion
P/E Ratio
27.44
Dividend Yield
1.22%
Price Target
$71.00

Graco MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
1.9% Upside
$71.00 Price Target
Short Interest
Healthy
1.10% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.18
Upright™ Environmental Score
News Sentiment
0.33mentions of Graco in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$755,040 Sold Last Quarter
Proj. Earnings Growth
8.88%
From $2.59 to $2.82 Per Share

Overall MarketRank

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

2.43 out of 5 stars

Industrial Products Sector

55th out of 187 stocks

Pumps & Pumping Equipment Industry

3rd out of 7 stocks

GGG stock logo

About Graco (NYSE:GGG) Stock

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.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Robert W. Baird downgraded Graco from an "outperform" rating to a "neutral" rating and set a $61.00 price target for the company. in a research report on Thursday, July 14th. StockNews.com downgraded Graco from a "buy" rating to a "hold" rating in a research report on Tuesday, May 3rd. Morgan Stanley decreased their target price on Graco from $80.00 to $70.00 and set an "equal weight" rating for the company in a research report on Thursday, June 9th. Finally, DA Davidson cut their price target on Graco to $70.00 in a research note on Tuesday. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Graco presently has a consensus rating of "Hold" and a consensus price target of $71.00.

Graco Stock Up 1.6 %

Shares of Graco stock traded up $1.07 during trading on Friday, hitting $69.71. 415,031 shares of the stock traded hands, compared to its average volume of 541,990. The firm has a market cap of $11.79 billion, a P/E ratio of 27.44, a price-to-earnings-growth ratio of 3.31 and a beta of 0.78. The company has a current ratio of 3.01, a quick ratio of 1.95 and a debt-to-equity ratio of 0.04. Graco has a 52-week low of $56.48 and a 52-week high of $81.09. The stock's fifty day simple moving average is $61.88 and its 200 day simple moving average is $65.58.

Graco (NYSE:GGG - Get Rating) last posted its earnings results on Wednesday, July 27th. The industrial products company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.01. Graco had a return on equity of 25.73% and a net margin of 21.38%. The company had revenue of $548.55 million for the quarter, compared to analyst estimates of $533.49 million. During the same quarter in the previous year, the firm earned $0.62 earnings per share. The firm's quarterly revenue was up 8.2% compared to the same quarter last year. On average, equities analysts predict that Graco will post 2.59 earnings per share for the current fiscal year.

Graco Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 3rd. Stockholders of record on Monday, July 18th were paid a dividend of $0.21 per share. The ex-dividend date was Friday, July 15th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.20%. Graco's payout ratio is 33.07%.

Insider Transactions at Graco

In other news, Director Eric Etchart sold 6,000 shares of the business's stock in a transaction dated Friday, July 29th. The stock was sold at an average price of $67.20, for a total transaction of $403,200.00. Following the sale, the director now owns 31,403 shares in the company, valued at $2,110,281.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.52% of the company's stock.

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GGG Stock News Headlines

Graco (NYSE:GGG) Given New $70.00 Price Target at DA Davidson
DA Davidson Cuts Graco (NYSE:GGG) Price Target to $70.00
Graco Inc. (NYSE:GGG) Short Interest Update
Eric Etchart Sells 6,000 Shares of Graco Inc. (NYSE:GGG) Stock
KeyCorp Comments on Graco Inc.'s FY2022 Earnings (NYSE:GGG)
Graco (GGG) Tops Q2 EPS by 1c - StreetInsider.com
Graco (GGG) to Release Quarterly Earnings on Wednesday
Graco Swift Fold Highchair Review
See More Headlines
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GGG Company Calendar

Ex-Dividend for 8/3 Dividend
7/15/2022
Last Earnings
7/27/2022
Dividend Payable
8/03/2022
Today
8/13/2022
Next Earnings (Estimated)
10/19/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Pumps & pumping equipment
Sub-Industry
Industrial Machinery
CUSIP
38410910
Employees
3,800
Year Founded
1926

Price Target and Rating

Average Stock Price Forecast
$71.00
High Stock Price Forecast
$83.00
Low Stock Price Forecast
$61.00
Forecasted Upside/Downside
+1.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$439.87 million
Pretax Margin
25.14%

Debt

Sales & Book Value

Annual Sales
$1.99 billion
Cash Flow
$2.89 per share
Book Value
$10.39 per share

Miscellaneous

Free Float
163,163,000
Market Cap
$11.79 billion
Optionable
Optionable
Beta
0.78

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GGG Stock - Frequently Asked Questions

Should I buy or sell Graco stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Graco in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2022?

6 Wall Street analysts have issued 1-year target prices for Graco's shares. Their GGG share price forecasts range from $61.00 to $83.00. On average, they anticipate the company's share price to reach $71.00 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price.
View analysts price targets for GGG
or view top-rated stocks among Wall Street analysts.

How have GGG shares performed in 2022?

Graco's stock was trading at $80.62 at the beginning of the year. Since then, GGG stock has decreased by 13.5% and is now trading at $69.71.
View the best growth stocks for 2022 here
.

Are investors shorting Graco?

Graco saw a decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,840,000 shares, a decrease of 18.9% from the July 15th total of 2,270,000 shares. Based on an average daily trading volume, of 605,200 shares, the days-to-cover ratio is currently 3.0 days. Currently, 1.1% of the shares of the 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 Wednesday, October 19th 2022.
View our GGG earnings forecast
.

How were Graco's earnings last quarter?

Graco Inc. (NYSE:GGG) released its quarterly earnings data on Wednesday, July, 27th. The industrial products company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.01. The industrial products company earned $548.55 million during the quarter, compared to the consensus estimate of $533.49 million. Graco had a net margin of 21.38% and a trailing twelve-month return on equity of 25.73%. The company's revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.62 EPS.

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

Graco announced a quarterly dividend on Friday, June 17th. Shareholders of record on Monday, July 18th will be given a dividend of $0.21 per share on Wednesday, August 3rd. This represents a $0.84 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend is Friday, July 15th.
Read our dividend analysis for GGG
.

Is Graco a good dividend stock?

Graco (NYSE:GGG) pays an annual dividend of $0.84 per share and currently has a dividend yield of 1.22%. The company has been increasing its dividend for 25 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 33.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GGG will have a dividend payout ratio of 29.79% 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 distributed 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), Kellogg (K) and NVIDIA (NVDA).

What is Graco's stock symbol?

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

Who are Graco's major shareholders?

Graco's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Fiera Capital Corp (5.98%), Kayne Anderson Rudnick Investment Management LLC (4.36%), WCM Investment Management LLC (3.17%), Brown Brothers Harriman & Co. (1.61%), Allianz Asset Management GmbH (0.99%) and Northern Trust Corp (0.81%). Insiders that own company stock include Angela F Wordell, Bernard J Moreau, Brian J Zumbolo, Caroline M Chambers, Christian E Rothe, Dale D Johnson, David M Ahlers, David M Lowe, Eric Etchart, J Kevin Gilligan, Jack W Eugster, Jeffrey P Johnson, Karen Park Gallivan, Karen Park Gallivan, Lee R Mitau, Mark D Eberlein, Mark W Sheahan, Martha A M Morfitt, Patrick J Mchale, Peter J O'shea, Sant R William Van, Timothy R White, Timothy R White and William J Carroll.
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.

What is Graco's stock price today?

One share of GGG stock can currently be purchased for approximately $69.71.

How much money does Graco make?

Graco (NYSE:GGG) has a market capitalization of $11.79 billion and generates $1.99 billion in revenue each year. The industrial products company earns $439.87 million in net income (profit) each year or $2.54 on an earnings per share basis.

How many employees does Graco have?

The company employs 3,800 workers across the globe.

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

When was Graco founded?

Graco was founded in 1926.

How can I contact Graco?

Graco's mailing address is 88 - 11TH AVENUE N.E., MINNEAPOLIS MN, 55413. The official website for the company is www.graco.com. The industrial products company can be reached via phone at (612) 623-6000, via email at msheahan@graco.com, or via fax at 651-450-4033.

This page (NYSE:GGG) was last updated on 8/13/2022 by MarketBeat.com Staff

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