Gorman-Rupp Company (The) (NYSE:GRC – Free Report) – Research analysts at Sidoti decreased their Q4 2027 earnings per share estimates for Gorman-Rupp in a research report issued on Wednesday, June 24th. Sidoti analyst J. Franzreb now expects that the industrial products company will post earnings of $0.74 per share for the quarter, down from their previous estimate of $0.76. The consensus estimate for Gorman-Rupp’s current full-year earnings is $2.60 per share.
Gorman-Rupp (NYSE:GRC – Get Free Report) last posted its earnings results on Thursday, April 23rd. The industrial products company reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.19. The company had revenue of $176.59 million for the quarter, compared to the consensus estimate of $170.61 million. Gorman-Rupp had a return on equity of 15.08% and a net margin of 8.45%.
View Our Latest Analysis on Gorman-Rupp
Gorman-Rupp Stock Performance
NYSE:GRC opened at $90.56 on Friday. 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 1 year low of $36.40 and a 1 year high of $91.38. The stock’s 50 day simple moving average is $77.00 and its two-hundred day simple moving average is $64.59. The company has a market cap of $2.39 billion, a price-to-earnings ratio of 40.61, a PEG ratio of 2.54 and a beta of 1.31.
Gorman-Rupp Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were paid a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, May 15th. Gorman-Rupp’s dividend payout ratio (DPR) is presently 34.08%.
Hedge Funds Weigh In On Gorman-Rupp
Institutional investors and hedge funds have recently modified their holdings of the stock. Huntington National Bank purchased a new stake in Gorman-Rupp during the 4th quarter valued at $31,000. NewEdge Advisors LLC boosted its stake in 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 buying an additional 379 shares during the period. Osaic Holdings Inc. boosted its stake in Gorman-Rupp by 125.0% during the second 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 during the period. Tower Research Capital LLC TRC increased its position in Gorman-Rupp by 135.2% during the second quarter. Tower Research Capital LLC TRC now owns 2,053 shares of the industrial products company’s stock valued at $75,000 after acquiring an additional 1,180 shares during the last quarter. Finally, Geneos Wealth Management Inc. bought a new position in Gorman-Rupp during the first quarter valued at $89,000. Hedge funds and other institutional investors own 59.26% of the company’s stock.
Gorman-Rupp Company Profile
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.
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