D Patrick Wischmeier Sells 5,153 Shares of Gorman-Rupp (NYSE:GRC) Stock

Posted by Brian Himes on Aug 30th, 2026

Gorman-Rupp Company (The) (NYSE:GRC – Get Free Report) VP D Patrick Wischmeier sold 5,153 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $77.62, for a total value of $399,975.86. Following the completion of the transaction, the vice president directly owned 1,409 shares in the company, valued at approximately $109,366.58. The trade was a 78.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Gorman-Rupp Price Performance

Gorman-Rupp stock opened at $76.03 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.81 and a quick ratio of 1.82. The business has a 50 day simple moving average of $81.87 and a 200-day simple moving average of $74.11. Gorman-Rupp Company has a 12 month low of $41.85 and a 12 month high of $92.78. The stock has a market capitalization of $2.01 billion, a PE ratio of 32.08, a price-to-earnings-growth ratio of 2.20 and a beta of 1.29.

Gorman-Rupp (NYSE:GRC – Get Free Report) last announced its quarterly earnings data on Friday, July 24th. The industrial products company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.04. The company had revenue of $186.07 million for the quarter, compared to analysts’ expectations of $188.89 million. Gorman-Rupp had a net margin of 8.88% and a return on equity of 15.55%. Equities analysts predict that Gorman-Rupp Company will post 2.67 earnings per share for the current year.

Gorman-Rupp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.76 annualized dividend and a dividend yield of 1.0%. Gorman-Rupp’s payout ratio is presently 32.07%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Weiss Ratings lowered Gorman-Rupp from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, June 12th. Wall Street Zen downgraded Gorman-Rupp from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Freedom Capital upgraded Gorman-Rupp to a “hold” rating in a research note on Monday, May 18th. Finally, Zacks Research lowered Gorman-Rupp from a “strong-buy” rating to a “hold” rating in a report on Monday, August 24th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on Gorman-Rupp

Institutional Investors Weigh In On Gorman-Rupp

Hedge funds and other institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Gorman-Rupp in the 2nd quarter worth approximately $28,000. Huntington National Bank purchased a new position in Gorman-Rupp in the 4th quarter valued at approximately $31,000. NewEdge Advisors LLC raised its holdings 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 purchasing an additional 379 shares during the last quarter. TD Waterhouse Canada Inc. grew its holdings in Gorman-Rupp by 374.0% in the second quarter. TD Waterhouse Canada Inc. now owns 493 shares of the industrial products company’s stock valued at $44,000 after purchasing an additional 389 shares during the last quarter. Finally, USA Financial Formulas acquired a new stake in Gorman-Rupp in the first quarter valued at $53,000. 59.26% of the stock is currently owned by institutional investors and hedge funds.

Gorman-Rupp Company Profile

(Get Free Report)

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.