84.71 USD
-0.04
0.05%
At close Dec 20, 4:00 PM EST
After hours
84.71
+0.00
0.00%
1 day
-0.05%
5 days
-3.69%
1 month
-4.30%
3 months
0.14%
6 months
6.75%
Year to date
-0.69%
1 year
-0.28%
5 years
63.06%
10 years
218.94%
 

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 6,809 funds
0
Analysts bullish %
of 3 analysts

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
33%
neutral
67%
negative
0%
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

Neutral
Business Wire
1 day 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.
Graco Provides Unaudited Supplemental Financial Information Reflecting its New 2025 Reporting Segments
Positive
Zacks Investment Research
1 week ago
Graco Rewards Shareholders With 7.8% Quarterly Dividend Hike
GGG's measures to reward shareholders through dividends and share buybacks hold promise.
Graco Rewards Shareholders With 7.8% Quarterly Dividend Hike
Neutral
Business Wire
2 weeks 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.
Graco Increases Quarterly Dividend 7.8 Percent
Positive
Zacks Investment Research
4 weeks 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?
Graco (GGG) Up 8.8% Since Last Earnings Report: Can It Continue?
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.
Here's Why Investors Should Avoid Investing in Graco Stock Now
Neutral
Business Wire
1 month 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.
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
Neutral
Seeking Alpha
1 month ago
Graco Inc (GGG) Q3 2024 Earnings Call Transcript
Graco Inc (NYSE:GGG ) Q3 2024 Results Conference Call October 24, 2024 11:00 AM ET Company Participants Chris Knutson - Executive VP, Corporate Controller & Principal Accounting Officer Mark Sheahan - President, CEO & Director David Lowe - CFO & Treasurer Conference Call Participants Deane Dray - RBC Capital Markets Mike Halloran - Baird Saree Boroditsky - Jefferies Matt Summerville - D.A. Davidson Jeff Hammond - KeyBanc Capital Markets Andrew Buscaglia - BNP Paribas Walter Liptak - Seaport Research Operator Good morning, and welcome to the Third Quarter Conference Call for Graco Inc. If you wish to access the replay for this call, you may do so by visiting the company's website at www.graco.com.
Graco Inc (GGG) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Graco's Earnings Miss Estimates in Q3, Sales Decline 4% Y/Y
GGG's third-quarter 2024 sales decline 4% year over year due to lower demand in all its segments.
Graco's Earnings Miss Estimates in Q3, Sales Decline 4% Y/Y
Neutral
Zacks Investment Research
1 month ago
Graco (GGG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Graco (GGG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Graco (GGG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Negative
Zacks Investment Research
1 month ago
Graco Inc. (GGG) Q3 Earnings and Revenues Lag Estimates
Graco Inc. (GGG) came out with quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.76 per share a year ago.
Graco Inc. (GGG) Q3 Earnings and Revenues Lag Estimates
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