GracoGGG
Market Cap: $13.5B
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
71% more call options, than puts
Call options by funds: $1.17M | Put options by funds: $682K
0.3% more ownership
Funds ownership: 88.1% [Q1] → 88.4% (+0.3%) [Q2]
1% less funds holding
Funds holding: 651 [Q1] → 645 (-6) [Q2]
8% less first-time investments, than exits
New positions opened: 66 | Existing positions closed: 72
10% less repeat investments, than reductions
Existing positions increased: 226 | Existing positions reduced: 250
14% less capital invested
Capital invested by funds: $13.8B [Q1] → $11.9B (-$1.96B) [Q2]
33% less funds holding in top 10
Funds holding in top 10: 6 [Q1] → 4 (-2) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
DA Davidson Matt Summerville 41% 1-year accuracy 11 / 27 met price target | 1%downside $79 | Neutral Maintained | 26 Jul 2024 |
RBC Capital Deane Dray 61% 1-year accuracy 37 / 61 met price target | 20%upside $96 | Outperform Maintained | 26 Jul 2024 |
Baird Michael Halloran 27% 1-year accuracy 6 / 22 met price target | 7%upside $86 | Neutral Maintained | 26 Jul 2024 |
RBC Capital Deane Dray 61% 1-year accuracy 37 / 61 met price target | 29%upside $103 | Outperform Reiterated | 27 Jun 2024 |
Financial journalist opinion
Based on 7 articles about GGG published over the past 30 days