Zacks Research Has Negative Estimate for Graco Q2 Earnings

Graco Inc. (NYSE:GGGFree Report) – Zacks Research cut their Q2 2026 earnings estimates for Graco in a research report issued on Wednesday, May 13th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $0.81 per share for the quarter, down from their prior forecast of $0.83. The consensus estimate for Graco’s current full-year earnings is $3.13 per share. Zacks Research also issued estimates for Graco’s FY2026 earnings at $3.09 EPS, Q2 2027 earnings at $0.89 EPS, Q3 2027 earnings at $0.83 EPS, Q4 2027 earnings at $0.95 EPS, FY2027 earnings at $3.40 EPS, Q1 2028 earnings at $0.89 EPS and FY2028 earnings at $3.93 EPS.

Graco (NYSE:GGGGet Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The industrial products company reported $0.66 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.09). The business had revenue of $540.14 million for the quarter, compared to analyst estimates of $561.35 million. Graco had a return on equity of 18.66% and a net margin of 22.96%.The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.70 EPS.

Other equities analysts have also issued reports about the company. KeyCorp restated a “sector weight” rating on shares of Graco in a report on Tuesday, January 27th. Jefferies Financial Group upped their price target on Graco from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Weiss Ratings lowered Graco from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Robert W. Baird cut their price objective on Graco from $96.00 to $92.00 and set a “neutral” rating on the stock in a research note on Friday, April 24th. Finally, DA Davidson restated a “neutral” rating and issued a $85.00 target price on shares of Graco in a report on Monday, April 27th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $94.25.

Get Our Latest Stock Report on Graco

Graco Trading Down 0.1%

GGG stock opened at $76.53 on Friday. The firm has a market cap of $12.70 billion, a PE ratio of 24.93, a PEG ratio of 2.45 and a beta of 0.96. Graco has a 1 year low of $76.04 and a 1 year high of $95.69. The company has a fifty day simple moving average of $84.38 and a 200 day simple moving average of $85.20.

Insiders Place Their Bets

In other news, Director Andrea Helen Simon bought 1,240 shares of the business’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 transaction, the director directly owned 1,240 shares in the company, valued at approximately $99,857.20. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.18% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Graco

Several large investors have recently made changes to their positions in the business. Cassaday & Co Wealth Management LLC acquired a new stake in Graco in the 1st quarter valued at approximately $26,000. Whipplewood Advisors LLC lifted its holdings in shares of Graco by 2,650.0% during the first quarter. Whipplewood Advisors LLC now owns 330 shares of the industrial products company’s stock worth $28,000 after buying an additional 318 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of Graco in the third quarter valued at approximately $29,000. Assetmark Inc. grew its stake in shares of Graco by 42.6% in the third quarter. Assetmark Inc. now owns 465 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 139 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in shares of Graco by 982.6% in the first quarter. Geneos Wealth Management Inc. now owns 498 shares of the industrial products company’s stock worth $42,000 after acquiring an additional 452 shares during the last quarter. Institutional investors and hedge funds own 93.88% of the company’s stock.

Graco Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Graco (NYSE:GGG)

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