Gorman-Rupp (NYSE:GRC) Issues Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Gorman-Rupp (NYSE:GRC) issued its quarterly earnings results on Friday. The industrial products company reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.04, Zacks reports. The firm had revenue of $186.07 million for the quarter, compared to analyst estimates of $188.89 million. Gorman-Rupp had a return on equity of 15.08% and a net margin of 8.45%.

Gorman-Rupp Trading Up 0.9%

NYSE GRC traded up $0.69 during mid-day trading on Friday, hitting $80.31. The company’s stock had a trading volume of 101,569 shares, compared to its average volume of 159,544. The firm has a market capitalization of $2.12 billion, a P/E ratio of 35.47, a price-to-earnings-growth ratio of 2.37 and a beta of 1.28. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.93 and a quick ratio of 1.76. Gorman-Rupp has a 52-week low of $39.52 and a 52-week high of $92.78. The stock’s fifty day simple moving average is $80.58 and its two-hundred day simple moving average is $69.31.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on GRC. Zacks Research upgraded shares of Gorman-Rupp from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Wall Street Zen upgraded shares of Gorman-Rupp from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 2nd. Weiss Ratings downgraded shares of Gorman-Rupp from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, June 12th. Finally, Freedom Capital upgraded shares of Gorman-Rupp to a “hold” rating in a report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy”.

Hedge Funds Weigh In On Gorman-Rupp

Several hedge funds and other institutional investors have recently made changes to their positions in GRC. NewEdge Advisors LLC lifted its stake in shares of Gorman-Rupp by 130.7% during the fourth quarter. NewEdge Advisors LLC now owns 669 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 379 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in Gorman-Rupp by 125.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,690 shares of the industrial products company’s stock worth $62,000 after buying an additional 939 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in Gorman-Rupp by 135.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,053 shares of the industrial products company’s stock valued at $75,000 after buying an additional 1,180 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Gorman-Rupp during the fourth quarter valued at about $100,000. Finally, Quantbot Technologies LP increased its position in shares of Gorman-Rupp by 14.4% during the third quarter. Quantbot Technologies LP now owns 2,980 shares of the industrial products company’s stock worth $138,000 after acquiring an additional 376 shares during the last quarter. Institutional investors and hedge funds own 59.26% of the company’s stock.

Key Stories Impacting Gorman-Rupp

Here are the key news stories impacting Gorman-Rupp this week:

• Positive Sentiment: Gorman-Rupp reported record quarterly net sales of $186.1 million and record net income of $19.4 million, with adjusted EBITDA of $38.2 million, showing continued operational strength. Gorman-Rupp Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Earnings of $0.74 per share beat analyst estimates of about $0.69-$0.70, which likely helped support the stock despite the mixed top-line result. Gorman-Rupp Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The board declared a quarterly cash dividend of $0.19 per share, extending the company’s long dividend record and reinforcing its shareholder-return profile. Gorman-Rupp Company Declares Cash Dividend
• Positive Sentiment: Gorman-Rupp announced that current finance executive Ronald F. Stoops will become CFO on October 1, which may ease concerns around leadership transition by providing an orderly succession plan. The Gorman-Rupp Company Announces CFO Succession Plan
• Neutral Sentiment: Revenue was slightly below analyst expectations, which tempers the earnings beat and suggests sales growth remains modest. Gorman-Rupp Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: Zacks Research upgraded the stock from hold to strong-buy, adding another supportive but secondary catalyst. Zacks upgrade

About Gorman-Rupp

Gorman-Rupp Company is a U.S.-based manufacturer specializing in the design, production and distribution of pumps and pumping systems. Its product lineup includes centrifugal self-priming pumps, submersible pumps, vacuum priming pumps and engineered pumps for applications such as water and wastewater management, sewage handling, dewatering, industrial processing and agricultural irrigation. The company supports both standard pump requirements and custom engineered solutions for original equipment manufacturers (OEMs) and municipal clients.

Headquartered in Mansfield, Ohio, Gorman-Rupp has built a reputation for rugged, reliable equipment and aftermarket support services.