Gorman-Rupp (NYSE:GRC) Issues Earnings Results, Beats Estimates By $0.16 EPS

Gorman-Rupp (NYSE:GRC) announced its quarterly earnings results on Friday. The industrial products company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.70 by $0.16, Zacks reports. Gorman-Rupp had a net margin of 8.88% and a return on equity of 15.55%. The company had revenue of $193.25 million for the quarter, compared to analyst estimates of $181.55 million.

Gorman-Rupp Trading Up 5.1%

NYSE GRC opened at $73.67 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.82 and a current ratio of 2.81. The firm has a market cap of $1.95 billion, a PE ratio of 26.31, a P/E/G ratio of 2.13 and a beta of 1.32. Gorman-Rupp has a one year low of $42.31 and a one year high of $92.78. The firm’s fifty day moving average is $74.81 and its two-hundred day moving average is $77.12.

Gorman-Rupp Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 13th will be paid a $0.20 dividend. This is a boost from Gorman-Rupp’s previous quarterly dividend of $0.19. This represents a $0.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, November 13th. Gorman-Rupp’s dividend payout ratio (DPR) is presently 28.57%.

Trending Headlines about Gorman-Rupp

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

• Positive Sentiment: Quarterly results exceeded expectations. Gorman-Rupp reported third-quarter revenue of $193.3 million, up 11.8% year over year and above the roughly $181.6 million analyst estimate. Earnings per share were $0.86, beating consensus estimates ranging from $0.67 to $0.70. Gorman-Rupp Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Record profitability strengthened the investment case. Net income reached a record $22.7 million, or $0.86 per share, compared with $11.3 million, or $0.43 per share, in the year-ago quarter. The company described the period as its third consecutive record quarter. Gorman-Rupp posts third straight record quarter, beating expectations
• Positive Sentiment: Gorman-Rupp raised its quarterly dividend. The board approved a dividend of $0.20 per share, a 5.3% increase from $0.19. The payment will be made December 10 to shareholders of record November 13, marking the company’s 307th consecutive quarterly dividend and 54th consecutive year of increases. Gorman-Rupp Company Announces Increase in Quarterly Cash Dividend
• Neutral Sentiment: Valuation remains a consideration. Coverage characterized the operating performance as impressive, but at least one analyst indicated that existing exposure was sufficient, suggesting investors may weigh Gorman-Rupp’s strong growth against its relatively elevated valuation. Gorman-Rupp Q3 Review: Impressive Performance, But I Have Enough Exposure

Insider Activity at Gorman-Rupp

In other news, VP D. Patrick Wischmeier sold 5,153 shares of the stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $77.62, for a total transaction of $399,975.86. Following the completion of the sale, the vice president owned 1,409 shares in the company, valued at approximately $109,366.58. This represents a 78.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 11.60% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Zacks Research downgraded shares of Gorman-Rupp from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Gorman-Rupp in a research report on Wednesday, September 9th. Finally, Wall Street Zen cut shares of Gorman-Rupp from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Gorman-Rupp Company Profile

Gorman-Rupp Co designs, manufactures and sells pumps and pumping systems for moving water and other liquids. Its product portfolio includes self-priming centrifugal pumps, standard centrifugal pumps, submersible pumps, rotary gear pumps, diaphragm pumps and related pumping equipment.

The company serves a range of markets, including municipal water and wastewater treatment, construction, agriculture, industrial operations, petroleum, fire protection and emergency services. Its products are used in applications such as sewage handling, flood control, dewatering, irrigation and general fluid transfer.

Founded in 1933 by J.C.