Gorman-Rupp
About: Gorman-Rupp Co designs, manufactures and globally sells pumps & pump systems for use in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating & air conditioning, military, and other liquid-handling applications. It operates in one business segment, the manufacture & sale of pumps and pump systems, and generates revenue from the same. Geographically, it generates the majority of revenue from the United States.
Employees: 1,450
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
363% more call options, than puts
Call options by funds: $125K | Put options by funds: $27K
121% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 14
14% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 49
11% more funds holding
Funds holding: 159 [Q2] → 176 (+17) [Q3]
7% more capital invested
Capital invested by funds: $587M [Q2] → $628M (+$41M) [Q3]
0.51% more ownership
Funds ownership: 61.06% [Q2] → 61.56% (+0.51%) [Q3]
50% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 2 (-2) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for GRC.
Financial journalist opinion
Based on 3 articles about GRC published over the past 30 days
Positive
Seeking Alpha
1 week ago
10 High-Yield Dividend Aristocrats For Growth And Bargain Hunters
The S&P is up almost 30% this year, and many investors are worried about an impending crash. PEGY (PE divided by growth and yield) ratio combines yield, growth, quality and value, creating the potential for excellent long-term returns and income growth while outperforming the S&P. These low PEGY aristocrats boast a 4% yield, A-credit rating, 43-year dividend growth streak, 9% earnings growth, and a 13% long-term return potential, making them exceptional potential investments.
Neutral
Business Wire
2 weeks ago
Swiss GRC and OpResONE, Inc. Launch Strategic Partnership for GRC Implementation in North Americas
LUCERNE, Switzerland & NEW YORK--(BUSINESS WIRE)--OpResONE, Inc., a leading provider of resilience and operational advisory services, has partnered with Swiss GRC to bring advanced Governance, Risk, and Compliance (GRC) solutions to organizations across the United States and Canada. This collaboration aims to deliver Swiss GRC's multi-award winning GRC Toolbox with localized expertise and strategic guidance of OpResONE, Inc., enabling organizations to implement robust GRC solutions efficiently.
Positive
Seeking Alpha
3 weeks ago
6 High-Yield Dividend Aristocrats To Buy With The Market At Record Highs
The market is back to record highs, and many investors are worried about putting new money to work. Combining maximum yield with maximum total return optimizes current yield and future retirement income without sacrificing medium- to long-term returns. These six aristocrats offer a 4.6% yield, 14.1% long-term income growth, 19% upside in the next year, 44% in the next two years, and 117% in the next five years.
Positive
Seeking Alpha
1 month ago
17 Upcoming Dividend Increases
This week, 17 companies with an average dividend increase of 8.3% are highlighted, emphasizing consistent dividend growth and outperforming benchmarks. My investment strategy focuses on buying, holding, and adding companies with consistent dividend increases and superior performance compared to benchmarks. The list is created using data from the "U.S. Dividend Champions" spreadsheet and NASDAQ, featuring companies with at least five years of dividend growth.
Neutral
Zacks Investment Research
1 month ago
The Zacks Analyst Blog The Gorman-Rupp, Kontoor Brands, Kontoor Brands and Standex International
The Gorman-Rupp, Kontoor Brands, Kontoor Brands and Standex International are included in this Analyst Blog.
Positive
Seeking Alpha
1 month ago
Dividend King Gorman-Rupp: Double-Digit EPS Growth Ahead
Gorman-Rupp should deliver double-digit earnings growth through 2026, leading to a Buy rating and a one-year price target of $43.30. The company designs and markets pumps and pumping systems, which it sells globally. Q3-2024 results showed a 0.4% sales increase, improved margins, and reduced debt, highlighting management's effective cost controls and operational efficiency.
Negative
Zacks Investment Research
1 month ago
Buy These 4 Stocks With New Dividend Hikes Amid Market Volatility
Stocks like GRC, KTB, WST and SXI recently announced dividend hikes.
Negative
Zacks Investment Research
1 month ago
Gorman-Rupp (GRC) Lags Q3 Earnings and Revenue Estimates
Gorman-Rupp (GRC) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.34 per share a year ago.
Neutral
Business Wire
1 month ago
Gorman-Rupp Announces Increase in Quarterly Cash Dividend
MANSFIELD, Ohio--(BUSINESS WIRE)-- #DIVIDEND--The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.185 per share on the common shares of the Company, payable December 10, 2024, to shareholders of record November 15, 2024. The cash dividend will represent a 2.8% increase over the $0.18 dividend per share paid in the previous quarter. This action will mark the 299th consecutive quarterly dividend paid by The Gorman-Rupp Company and the 52nd consecutive ye.
Neutral
Business Wire
1 month ago
Gorman-Rupp Reports Third Quarter 2024 Financial Results
MANSFIELD, Ohio--(BUSINESS WIRE)-- #EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Net sales of $168.2 million increased 0.4%, or $0.7 million, compared to the third quarter of 2023 Third quarter net income was $12.9 million, or $0.49 per share, compared to net income of $9.0 million, or $0.34 per share, for the third quarter of 2023 Gross margin improved 260 basis points Interest expense decreased $2.7 m.
Charts implemented using Lightweight Charts™