Graco (GGG)

• Market cap: $14.3B
• 1 day: 0.15%
• 5 days: 0.30%
• 1 month: -6.32%
• 3 months: -2.22%
• 6 months: 7.51%
• Year to date: -0.49%
• 1 year: -2.26%
• 5 years: 62.98%
• 10 years: 212.75%
• Sector: Industrials
• Industry: Pumps & Pumping Equipment

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 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

16% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 67

2% more funds holding

Funds holding: 647 [Q2] → 658 (+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] → $12.5B (+$472M) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]

5.06% less ownership

Funds ownership: 89.9% [Q2] → 84.84% (-5.06%) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $79 7% downside
• Avg. target: $86 1% upside
• High target: $93 10% upside

3 analyst ratings

• positive: 1 33%
• neutral: 2 67%
• negative: 0 0%

RBC Capital Deane Dray 51% 1-year accuracy 33 / 65 met price target	10% upside $93	Outperform Maintained	25 Oct 2024
Baird Michael Halloran 38% 1-year accuracy 11 / 29 met price target	0% upside $85	Neutral Maintained	25 Oct 2024
DA Davidson Matt Summerville 52% 1-year accuracy 16 / 31 met price target	7% downside $79	Neutral Maintained	30 Sept 2024