DA Davidson Estimates Graco’s Q1 Earnings (NYSE:GGG)

Graco Inc. (NYSE:GGG) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Graco in a research report issued on Friday, January 31st. DA Davidson analyst M. Summerville forecasts that the industrial products company will earn $0.67 per share for the quarter. The consensus estimate for Graco’s current full-year earnings is $3.06 per share.

A number of other research analysts have also recently commented on the company. BNP Paribas upgraded Graco from a “neutral” rating to an “outperform” rating and set a $105.00 price target for the company in a research note on Thursday, December 19th. Royal Bank of Canada increased their target price on Graco from $93.00 to $97.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. Finally, Robert W. Baird reduced their price target on Graco from $88.00 to $85.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $91.50.

Graco Price Performance

NYSE GGG opened at $84.06 on Monday. The business has a fifty day moving average price of $85.69 and a two-hundred day moving average price of $84.69. Graco has a fifty-two week low of $77.49 and a fifty-two week high of $94.77. The stock has a market capitalization of $14.19 billion, a PE ratio of 29.81, a PEG ratio of 2.75 and a beta of 0.84.

Graco (NYSE:GGG) last released its earnings results on Monday, January 27th. The industrial products company reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.13). Graco had a return on equity of 19.38% and a net margin of 23.00%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new position in Graco during the 4th quarter worth approximately $25,000. Brooklyn Investment Group bought a new position in Graco during the 3rd quarter worth approximately $30,000. UMB Bank n.a. increased its stake in shares of Graco by 187.8% in the 3rd quarter. UMB Bank n.a. now owns 495 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 323 shares in the last quarter. Eastern Bank bought a new stake in shares of Graco in the 3rd quarter valued at $59,000. Finally, Catalyst Capital Advisors LLC bought a new stake in shares of Graco in the 4th quarter valued at $61,000. Institutional investors own 93.88% of the company’s stock.

Insider Activity at Graco

In other Graco news, EVP Kathryn L. Schoenrock sold 1,527 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $90.30, for a total transaction of $137,888.10. Following the completion of the transaction, the executive vice president now owns 6,374 shares in the company, valued at approximately $575,572.20. This trade represents a 19.33 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Caroline M. Chambers sold 8,280 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $90.57, for a total transaction of $749,919.60. Following the transaction, the insider now owns 57,612 shares of the company’s stock, valued at approximately $5,217,918.84. The trade was a 12.57 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 31,098 shares of company stock worth $2,776,150 in the last quarter. 2.63% of the stock is owned by insiders.

Graco Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 5th. Investors of record on Monday, January 20th will be issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Friday, January 17th. This is a positive change from Graco’s previous quarterly dividend of $0.26. Graco’s dividend payout ratio (DPR) is 39.01%.

Graco Company Profile

Graco Inc designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The Contractor segment offers sprayers to apply paint to walls and other structures; two-component proportioning systems that are used to spray polyurethane foam and polyurea coatings; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors.