NYSE:GGGGraco Stock Price, Forecast & News

Graco's stock was trading at $47.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GGG shares have increased by 3.4% and is now trading at $49.54. 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) issued its earnings results on Wednesday, April, 22nd. The industrial products company reported $0.38 EPS for the quarter, missing the 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%. Graco's revenue for the quarter was down 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.51 earnings per share. View Graco's earnings history.

Graco announced a quarterly dividend on Friday, February 14th. Shareholders of record on Monday, April 20th will be given a dividend of $0.175 per share on Wednesday, May 6th. This represents a $0.70 annualized dividend and a yield of 1.41%. The ex-dividend date of this dividend 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 minted shares were issued to shareholders after the market closes 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 9.2%. View analysts' price targets for Graco.

Media stories about GGG stock have trended very negative on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Graco earned a news sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutGraco.

Graco saw a increase in short interest during the month of 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 volume of 1,010,000 shares, the days-to-cover ratio is currently 3.3 days. Approximately 2.0% of the shares of the stock are sold short. 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), Ingersoll-Rand (IR), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), 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 retail and institutional 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 acquired 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 Confluence Investment Management LLC. 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 $49.54.

Graco has a market capitalization of $8.25 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]