Royal Bank Of Canada Issues Positive Forecast for Graco (NYSE:GGG) Stock Price

Graco (NYSE:GGG) had its price objective lifted by Royal Bank Of Canada from $97.00 to $100.00 in a research note issued to investors on Wednesday, MarketBeat reports. They currently have an outperform rating on the industrial products company’s stock.

Several other analysts have also weighed in on GGG. Robert W. Baird set a $96.00 price objective on Graco in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Graco in a research report on Thursday, January 22nd. Finally, KeyCorp reissued a “sector weight” rating on shares of Graco in a report on Tuesday. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Graco currently has a consensus rating of “Moderate Buy” and a consensus target price of $96.50.

Graco Price Performance

NYSE GGG opened at $86.81 on Wednesday. The company’s fifty day moving average is $83.98 and its two-hundred day moving average is $83.94. Graco has a 52-week low of $72.06 and a 52-week high of $89.67. The firm has a market capitalization of $14.39 billion, a price-to-earnings ratio of 28.09, a P/E/G ratio of 2.77 and a beta of 1.09.

Graco (NYSE:GGG) last released its earnings results on Monday, January 26th. The industrial products company reported $0.77 earnings per share for the quarter, meeting the consensus estimate of $0.77. Graco had a net margin of 23.33% and a return on equity of 19.49%. The business had revenue of $593.16 million during the quarter, compared to analysts’ expectations of $591.99 million. During the same quarter last year, the company earned $0.64 earnings per share. The firm’s revenue was up 8.1% on a year-over-year basis. As a group, sell-side analysts expect that Graco will post 3.06 earnings per share for the current fiscal year.

Graco announced that its Board of Directors has authorized a share repurchase plan on Friday, December 5th that authorizes the company to repurchase 15,000,000 outstanding shares. This repurchase authorization authorizes the industrial products company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Graco Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Monday, January 19th will be given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 1.4%. This is a positive change from Graco’s previous quarterly dividend of $0.28. The ex-dividend date is Friday, January 16th. Graco’s dividend payout ratio (DPR) is currently 40.27%.

Institutional Investors Weigh In On Graco

Several institutional investors and hedge funds have recently made changes to their positions in GGG. Root Financial Partners LLC bought a new position in Graco during the 3rd quarter valued at about $29,000. NewSquare Capital LLC raised its stake in shares of Graco by 320.7% in the second quarter. NewSquare Capital LLC now owns 345 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 263 shares during the last quarter. CX Institutional raised its stake in shares of Graco by 316.7% in the third quarter. CX Institutional now owns 475 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 361 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of Graco by 42.6% in the 3rd quarter. Assetmark Inc. now owns 465 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 139 shares in the last quarter. Finally, Field & Main Bank bought a new stake in Graco during the 4th quarter worth approximately $41,000. Institutional investors and hedge funds own 93.88% of the company’s stock.

Key Stories Impacting Graco

Here are the key news stories impacting Graco this week:

• Positive Sentiment: Jefferies raised its price target to $105 and reiterated a Buy rating, signaling roughly 21% upside from recent levels. Jefferies raises price target to $105
• Positive Sentiment: RBC raised its target to $100 and keeps an Outperform rating, another vote of confidence from the sell-side. RBC raises target to $100 The Fly: RBC note
• Positive Sentiment: Management highlighted margin expansion driven by acquisition integration and operational discipline in Q4 — a concrete earnings-quality improvement that supports higher earnings power going forward. Q4 deep dive: margin expansion
• Neutral Sentiment: Q4 results matched EPS estimates ($0.77) and revenue slightly beat consensus; revenue grew ~8% y/y — solid operational results but largely in line with expectations. Zacks: Q4 earnings match estimates
• Neutral Sentiment: Full Q4 earnings call transcript and presentation are available for investors reviewing management commentary and acquisition details. Seeking Alpha: Q4 earnings call transcript Earnings presentation
• Negative Sentiment: Despite margin wins, management issued cautious growth guidance for 2026, which spurred investor concern and selling pressure reflected in above-average volume. Yahoo: Investors reacting to margin expansion and cautious guidance
• Negative Sentiment: Some analysts present conflicting views on Graco’s trajectory versus peers, adding to mixed sentiment and limiting a clearer bullish consensus. Globe and Mail: conflicting analyst sentiments

Graco Company Profile

Graco Inc is a leading manufacturer of fluid handling systems and components, headquartered in Minneapolis, Minnesota. Founded in 1926, the company has built a reputation for innovation in spray finishing, lubrication, and fluid management technologies. Graco’s solutions are designed to address the needs of paint and coatings applicators, general industry, and process fluids in a variety of end markets.

The company’s product portfolio includes airless and air-assisted spray equipment, pumps for oil and gas applications, industrial lubrication systems, and automated dispensing equipment.