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 1.9% and is now trading at $48.8563. 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 will be holding an earnings conference call on Wednesday, July 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Graco announced a quarterly dividend on Friday, June 12th. Shareholders of record on Monday, July 20th will be given a dividend of $0.175 per share on Wednesday, August 5th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend is Friday, July 17th. View Graco's dividend history.

Graco's stock split on Thursday, December 28th 2017. The 3-1 split was announced on Friday, December 8th 2017. The newly created shares were payable 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 brokerages have issued 12 month price targets 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 year. This suggests that the stock has a possible downside of 7.9%. View analysts' price targets for Graco.

News stories about GGG stock have trended very negative this week, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Graco earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Graco.

Graco saw a drop in short interest in June. As of June 15th, there was short interest totaling 2,700,000 shares, a drop of 15.1% from the May 31st total of 3,180,000 shares. Based on an average daily volume of 990,700 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.6% of the company's 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), Xylem (XYL), IDEX (IEX), Ingersoll-Rand (IR), Nordson (NDSN), Snap-on (SNA), Pentair (PNR), Donaldson (DCI), Gardner Denver (GDI), Lincoln Electric (LECO), ITT (ITT) 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 investors include Confluence Investment Management LLC (1.57%), Mountain Pacific Investment Advisers Inc. ID (0.26%), JLB & Associates Inc. (0.17%), Envestnet Asset Management Inc. (0.16%), Whittier Trust Co. (0.06%) and Whittier Trust Co. of Nevada Inc. (0.02%). 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 JLB & Associates Inc., Curbstone Financial Management Corp, Whittier Trust Co., and Town & Country Bank & Trust CO dba First Bankers Trust CO. 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 bought by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Mountain Pacific Investment Advisers Inc. ID, Envestnet Asset Management Inc., Whittier Trust Co. of Nevada Inc., and Modus Advisors 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 $48.86.

Graco has a market capitalization of $8.14 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]