Gorman-Rupp Company (The) (NYSE:GRC – Free Report) – Stock analysts at Sidoti increased their FY2026 earnings estimates for Gorman-Rupp in a research report issued to clients and investors on Monday, October 26th. Sidoti analyst J. Franzreb now anticipates that the industrial products company will post earnings per share of $2.88 for the year, up from their previous estimate of $2.67. The consensus estimate for Gorman-Rupp’s current full-year earnings is $2.67 per share. Sidoti also issued estimates for Gorman-Rupp’s Q4 2026 earnings at $0.60 EPS, Q1 2027 earnings at $0.74 EPS, Q2 2027 earnings at $0.87 EPS, Q3 2027 earnings at $0.87 EPS, Q4 2027 earnings at $0.65 EPS, FY2027 earnings at $3.14 EPS, Q1 2028 earnings at $0.92 EPS, Q2 2028 earnings at $0.97 EPS, Q3 2028 earnings at $0.97 EPS and FY2028 earnings at $3.56 EPS.
Gorman-Rupp (NYSE:GRC – Get Free Report) last issued its quarterly earnings data on Friday, October 23rd. The industrial products company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.16. The company had revenue of $193.25 million for the quarter, compared to analysts’ expectations of $181.55 million. Gorman-Rupp had a net margin of 10.20% and a return on equity of 17.47%.
A number of other brokerages also recently issued reports on GRC. Weiss Ratings restated a “buy (b)” rating on shares of Gorman-Rupp in a research report on Wednesday, September 9th. Wall Street Zen cut Gorman-Rupp from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Zacks Research downgraded shares of Gorman-Rupp from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 24th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.
Get Our Latest Stock Analysis on GRC
Gorman-Rupp Trading Up 1.5%
NYSE GRC opened at $74.83 on Tuesday. The business’s 50-day moving average price is $74.80 and its two-hundred day moving average price is $71.85. Gorman-Rupp has a 12 month low of $42.31 and a 12 month high of $92.78. The firm has a market capitalization of $1.98 billion, a PE ratio of 26.73, a price-to-earnings-growth ratio of 2.12 and a beta of 1.32. The company has a current ratio of 2.81, a quick ratio of 1.82 and a debt-to-equity ratio of 0.62.
Gorman-Rupp Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Friday, November 13th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.1%. This is a positive change from Gorman-Rupp’s previous quarterly dividend of $0.19. Gorman-Rupp’s dividend payout ratio (DPR) is presently 27.14%.
Insider Activity at Gorman-Rupp
In related news, VP D. Patrick Wischmeier sold 5,153 shares of the company’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $77.62, for a total transaction of $399,975.86. Following the sale, the vice president owned 1,409 shares in the company, valued at $109,366.58. This represents a 78.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 11.60% of the stock is currently owned by insiders.
Institutional Trading of Gorman-Rupp
Large investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Gorman-Rupp during the 2nd quarter worth approximately $28,000. Integrated Wealth Concepts LLC acquired a new position in shares of Gorman-Rupp during the 2nd quarter valued at $36,000. TD Waterhouse Canada Inc. lifted its position in shares of Gorman-Rupp by 374.0% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 493 shares of the industrial products company’s stock valued at $44,000 after acquiring an additional 389 shares during the period. GAMMA Investing LLC lifted its position in shares of Gorman-Rupp by 34.3% during the 3rd quarter. GAMMA Investing LLC now owns 599 shares of the industrial products company’s stock valued at $45,000 after acquiring an additional 153 shares during the period. Finally, USA Financial Formulas bought a new position in Gorman-Rupp during the first quarter worth $53,000. Institutional investors and hedge funds own 59.26% of the company’s stock.
About Gorman-Rupp
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.
Featured Stories
- Five stocks we like better than Gorman-Rupp
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Receive News & Ratings for Gorman-Rupp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gorman-Rupp and related companies with MarketBeat.com's FREE daily email newsletter.
