NYSE:GGGGraco Stock Price, Forecast & News

Graco's stock was trading at $47.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GGG stock has increased by 9.7% and is now trading at $52.59. 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) posted its earnings results on Wednesday, April, 22nd. The industrial products company reported $0.38 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by $0.06. The industrial products company had revenue of $373.60 million for the quarter, compared to analysts' expectations of $386.49 million. Graco had a net margin of 20.43% and a return on equity of 31.40%. The firm's revenue was down 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 earnings per share. View Graco's earnings history.

Graco declared a quarterly dividend on Friday, February 14th. Investors 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 dividend yield of 1.33%. The ex-dividend date is Friday, April 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 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 analysts have issued twelve-month price targets for Graco's stock. Their forecasts range from $43.00 to $47.00. On average, they expect Graco's share price to reach $45.00 in the next year. This suggests that the stock has a possible downside of 14.4%. View analysts' price targets for Graco.

Headlines about GGG stock have been trending somewhat positive on Sunday, according to InfoTrie. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Graco earned a coverage optimism score of 1.0 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutGraco.

Graco saw a increase in short interest in 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. Currently, 2.0% 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), Ingersoll-Rand (IR), Xylem (XYL), IDEX (IEX), 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 number 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 Skandinaviska Enskilda Banken AB publ. 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 $52.59.

Graco has a market capitalization of $8.76 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]