Graco
About: Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $2.2 billion in sales in 2023.
Employees: 4,000
0
Funds holding %
of 6,814 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
10,735% more call options, than puts
Call options by funds: $2.82M | Put options by funds: $26K
32% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 59
2% more funds holding
Funds holding: 648 [Q2] → 659 (+11) [Q3]
8% more repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 221
4% more capital invested
Capital invested by funds: $12.1B [Q2] → $12.6B (+$472M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
5.11% less ownership
Funds ownership: 90.39% [Q2] → 85.28% (-5.11%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$85
4%
upside
Avg. target
$91
12%
upside
High target
$97
19%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
RBC Capital Deane Dray 45% 1-year accuracy 28 / 62 met price target | 19%upside $97 | Outperform Maintained | 3 Jan 2025 |
Baird Michael Halloran 48% 1-year accuracy 14 / 29 met price target | 4%upside $85 | Neutral Maintained | 25 Oct 2024 |
Financial journalist opinion
Based on 5 articles about GGG published over the past 30 days
Positive
Seeking Alpha
2 days ago
11 Upcoming Dividend Increases, Including A Dividend King
Hormel Foods extends its 52-year dividend streak with a 2.6% increase; the group averages a 5.9% increase, median 5.8%. My strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperforming benchmarks. I use data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth.
Neutral
Business Wire
5 days ago
Graco Inc. Announces Fourth Quarter 2024 Earnings Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its Fourth Quarter 2024 earnings after the New York Stock Exchange closes on Monday, January 27, 2025. A full-text copy of the earnings announcement will be available on the company's website at investors.graco.com. Graco management will hold a conference call, including slides via webcast, with analysts and institutional investors to discuss the results at 11 a.m. EST / 10 a.m. CST on Tuesday, January 28,.
Negative
Zacks Investment Research
1 week ago
Here's Why You Should Avoid Investing in Graco Stock Right Now
Weakness in the Industrial segment and increasing operating costs weigh on GGG. Unfavorable foreign currency movement is an added concern.
Neutral
Business Wire
3 weeks ago
Graco Publishes Latest Environmental, Social and Governance Report
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, released today its third environmental, social and governance (ESG) report. The report underscores Graco's commitment to transparency, accountability and continuous progress in product innovation, operational practices, workplace culture and community impact. The report highlights information about Graco's introduction of an increasing number of electrically powered products. In addition, th.
Neutral
Business Wire
3 weeks ago
Graco Provides Unaudited Supplemental Financial Information Reflecting its New 2025 Reporting Segments
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, has made available on the “For Investors” page at www.graco.com unaudited supplemental financial information to recast the company's historic segment financial information on a basis that reflects its new organizational structure. As previously announced, effective January 1, 2025, the Company will classify its business into three reportable segments: Contractor, Industrial and Expansion Mar.
Positive
Zacks Investment Research
1 month ago
Graco Rewards Shareholders With 7.8% Quarterly Dividend Hike
GGG's measures to reward shareholders through dividends and share buybacks hold promise.
Neutral
Business Wire
1 month ago
Graco Increases Quarterly Dividend 7.8 Percent
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 27.5 cents ($0.275) per common share, an increase of 7.8 percent, payable on February 5, 2025, to shareholders of record at the close of business on January 20, 2025. The Company has approximately 169.3 million shares outstanding. ABOUT GRACO Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications.
Positive
Zacks Investment Research
1 month ago
Graco (GGG) Up 8.8% Since Last Earnings Report: Can It Continue?
Graco (GGG) reported earnings 30 days ago. What's next for the stock?
Negative
Zacks Investment Research
1 month ago
Here's Why Investors Should Avoid Investing in Graco Stock Now
Softness in the Industrial and Process segments and increasing costs weigh on GGG. Unfavorable foreign currency movement is an added concern.
Neutral
Business Wire
2 months ago
Graco Inc. Has Completed Its Previously-Announced Acquisition of Corob S.p.A., a Global Manufacturer of Hi-tech Dispensing and Mixing Solutions for Paints and Coatings
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG) announced today that it has completed its previously-announced acquisition of Corob S.p.A. (“Corob”) for €230 million, subject to customary adjustments, with up to €30 million in additional contingent consideration. Corob is a global leader in the design and manufacturing of high-performance volumetric and gravimetric dispense, mixing, and shaking equipment used in mission-critical tinting applications. Corob had revenue of €110 million in 202.
Charts implemented using Lightweight Charts™