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
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
3 analyst ratings
RBC Capital Deane Dray 54% 1-year accuracy 35 / 65 met price target | 10%upside $93 | Outperform Maintained | 25 Oct 2024 |
Baird Michael Halloran 59% 1-year accuracy 17 / 29 met price target | 0%upside $85 | Neutral Maintained | 25 Oct 2024 |
DA Davidson Matt Summerville 53% 1-year accuracy 17 / 32 met price target | 7%downside $79 | Neutral Maintained | 30 Sept 2024 |
Financial journalist opinion
Based on 4 articles about GGG published over the past 30 days