Graco Stock Forecast, Price & News

Graco (NYSE:GGG) Frequently Asked Questions

Is Graco a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Graco in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Graco stock.
View analyst ratings for Graco or view top-rated stocks.

How has Graco's stock been impacted by COVID-19 (Coronavirus)?

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 stock has increased by 49.6% and is now trading at $71.68.
View which stocks have been most impacted by COVID-19.

When is Graco's next earnings date?

Graco is scheduled to release its next quarterly earnings announcement on Monday, January 24th 2022.
View our earnings forecast for Graco.

How were Graco's earnings last quarter?

Graco Inc. (NYSE:GGG) released its earnings results on Tuesday, October, 19th. The industrial products company reported $0.57 EPS for the quarter, missing the Zacks' consensus estimate of $0.63 by $0.06. The industrial products company had revenue of $486.70 million for the quarter, compared to the consensus estimate of $490.27 million. Graco had a trailing twelve-month return on equity of 29.13% and a net margin of 22.64%. Graco's quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.59 EPS.
View Graco's earnings history.

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

Graco declared a quarterly dividend on Monday, September 20th. Stockholders of record on Monday, October 18th will be given a dividend of $0.1875 per share on Wednesday, November 3rd. This represents a $0.75 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend is Friday, October 15th.
View Graco's dividend history.

Is Graco a good dividend stock?

Graco pays an annual dividend of $0.75 per share and currently has a dividend yield of 1.03%. Graco has been increasing its dividend for 24 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Graco is 30.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Graco will have a dividend payout ratio of 28.20% next year. This indicates that Graco will be able to sustain or increase its dividend.
View Graco's dividend history.

When did Graco's stock split? How did Graco's stock split work?

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 payable 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.

What price target have analysts set for GGG?

6 analysts have issued 1-year price objectives for Graco's shares. Their forecasts range from $70.00 to $90.00. On average, they expect Graco's stock price to reach $80.75 in the next year. This suggests a possible upside of 12.7% from the stock's current price.
View analysts' price targets for Graco or view top-rated stocks among Wall Street analysts.

Who are Graco's key executives?

Graco's management team includes the following people:

• Mark WIlliam Sheahan, President & Chief Executive Officer
• Angela F. Wordell, Executive Vice President-Operations
• David M. Lowe, Chief Financial Officer & Treasurer
• Caroline M. Chambers, Executive VP-Information Systems & President-EMEA
• Karen Park Gallivan, Secretary, Executive VP & General Counsel

What is Patrick J. McHale's approval rating as Graco's CEO?

85 employees have rated Graco CEO Patrick J. McHale on Glassdoor.com. Patrick J. McHale has an approval rating of 93% among Graco's employees. This puts Patrick J. McHale in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Graco's key competitors?

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), Pentair (PNR), Snap-on (SNA), Middleby (MIDD), ITT (ITT), Lincoln Electric (LECO), Donaldson (DCI) and Woodward (WWD).
View all of GGG's competitors.

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.29%), Kayne Anderson Rudnick Investment Management LLC (4.61%), WCM Investment Management LLC (3.10%), Mairs & Power Inc. (2.45%), Allianz Asset Management GmbH (1.38%) and Geode Capital Management LLC (1.36%). Company insiders that own Graco 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, 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 and William J Carroll.
View institutional ownership trends for Graco.

Which institutional investors are selling Graco stock?

GGG stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, BlackRock Inc., Confluence Investment Management LLC, Bank of Nova Scotia, Wellington Management Group LLP, UBS Group AG, Credit Suisse AG, and Neuberger Berman Group LLC. Company insiders that have sold Graco company stock in the last year include Caroline M Chambers, Christian E Rothe, Dale D Johnson, David M Lowe, Eric Etchart, Lee R Mitau, Patrick J Mchale, Sant R William Van, and Timothy R White.
View insider buying and selling activity for Graco or view top insider-selling stocks.

Which institutional investors are buying Graco stock?

GGG stock was bought by a variety of institutional investors in the last quarter, including Vontobel Asset Management Inc., HighTower Advisors LLC, Eaton Vance Management, WCM Investment Management LLC, Allianz Asset Management GmbH, State Farm Mutual Automobile Insurance Co., Port Capital LLC, and Caisse DE Depot ET Placement DU Quebec.
View insider buying and selling activity for Graco or or view top insider-buying stocks.

How do I buy shares of Graco?

Shares of GGG 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.
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What is Graco's stock price today?

One share of GGG stock can currently be purchased for approximately $71.68.

How much money does Graco make?

Graco has a market capitalization of $12.18 billion and generates $1.65 billion in revenue each year. The industrial products company earns $330.46 million in net income (profit) each year or $2.49 on an earnings per share basis.

How many employees does Graco have?

Graco employs 3,700 workers across the globe.

When was Graco founded?

Graco was founded in 1926.

What is Graco's official website?

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

Where are Graco's headquarters?

Graco is headquartered at 88 - 11TH AVENUE N.E., MINNEAPOLIS MN, 55413.

How can I contact Graco?

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, via email at [email protected], or via fax at 651-450-4033.