Graco Inc. (NYSE:GGG – Get Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $73.26 and last traded at $73.4630, with a volume of 764733 shares changing hands. The stock had previously closed at $75.86.
Key Stories Impacting Graco
Here are the key news stories impacting Graco this week:
- Positive Sentiment: Zacks Research slightly raised its FY2026 EPS estimate for Graco to $3.10 from $3.09, matching the current consensus and reinforcing expectations for stable full-year earnings. Analyst estimate update
- Positive Sentiment: Recent bullish investor commentary highlighted Graco as a potentially attractive stock, suggesting the company still has support from value-oriented investors despite the pullback. Bullish thesis article
- Neutral Sentiment: A market commentary piece discussed whether Russell 1000 momentum could help Graco’s global industrial reach, but it appears to be more of a strategic narrative than a near-term earnings catalyst. Market commentary article
- Negative Sentiment: Zacks Research trimmed several forward EPS forecasts, including Q2 2027, Q3 2027, Q4 2027, and FY2028 estimates, which can weigh on sentiment by signaling slightly slower profit growth ahead. Analyst estimate update
- Negative Sentiment: Graco’s latest reported quarter missed Wall Street expectations on both earnings and revenue, keeping investor focus on execution risk and helping explain why the stock remains near its 52-week low. Earnings report reference
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on GGG shares. DA Davidson reiterated a “neutral” rating and set a $85.00 price objective on shares of Graco in a research note on Monday, April 27th. Royal Bank Of Canada reiterated an “outperform” rating and set a $95.00 price objective on shares of Graco in a research note on Friday, April 24th. Robert W. Baird dropped their price objective on shares of Graco from $96.00 to $92.00 and set a “neutral” rating on the stock in a research note on Friday, April 24th. Finally, Weiss Ratings lowered shares of Graco from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Graco currently has a consensus rating of “Hold” and an average price target of $94.25.
Graco Price Performance
The firm has a market cap of $12.36 billion, a price-to-earnings ratio of 24.25, a P/E/G ratio of 2.37 and a beta of 0.93. The business’s 50-day moving average price is $79.79 and its two-hundred day moving average price is $84.35.
Graco (NYSE:GGG – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The industrial products company reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.09). Graco had a return on equity of 18.66% and a net margin of 22.96%.The company had revenue of $540.14 million for the quarter, compared to analyst estimates of $561.35 million. During the same period in the previous year, the business posted $0.70 EPS. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. Equities analysts predict that Graco Inc. will post 3.1 earnings per share for the current fiscal year.
Insider Buying and Selling at Graco
In other Graco news, Director Andrea Helen Simon acquired 1,240 shares of the firm’s stock in a transaction on Monday, April 27th. The stock was purchased at an average price of $80.53 per share, with a total value of $99,857.20. Following the completion of the acquisition, the director directly owned 1,240 shares in the company, valued at $99,857.20. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 2.18% of the company’s stock.
Hedge Funds Weigh In On Graco
A number of hedge funds have recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV boosted its holdings in Graco by 0.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 21,277 shares of the industrial products company’s stock worth $1,745,000 after purchasing an additional 109 shares during the period. Stonebridge Capital Advisors LLC boosted its holdings in Graco by 0.3% in the second quarter. Stonebridge Capital Advisors LLC now owns 41,431 shares of the industrial products company’s stock worth $3,562,000 after purchasing an additional 119 shares during the period. Fifth Third Bancorp boosted its holdings in Graco by 7.7% in the third quarter. Fifth Third Bancorp now owns 1,755 shares of the industrial products company’s stock worth $149,000 after purchasing an additional 125 shares during the period. ICW Investment Advisors LLC boosted its holdings in Graco by 4.6% in the third quarter. ICW Investment Advisors LLC now owns 2,849 shares of the industrial products company’s stock worth $242,000 after purchasing an additional 126 shares during the period. Finally, Jones Financial Companies Lllp boosted its holdings in Graco by 7.8% in the third quarter. Jones Financial Companies Lllp now owns 1,874 shares of the industrial products company’s stock worth $159,000 after purchasing an additional 135 shares during the period. Institutional investors and hedge funds own 93.88% of the company’s stock.
About Graco
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.
Read More
- Five stocks we like better than Graco
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Receive News & Ratings for Graco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graco and related companies with MarketBeat.com's FREE daily email newsletter.
