Graco Inc. (GGG)
Market Cap | 14.95B |
Revenue (ttm) | 2.13B |
Net Income (ttm) | 487.33M |
Shares Out | 168.85M |
EPS (ttm) | 2.83 |
PE Ratio | 31.28 |
Forward PE | 29.48 |
Dividend | $1.02 (1.15%) |
Ex-Dividend Date | Oct 21, 2024 |
Volume | 543,668 |
Open | 88.01 |
Previous Close | 87.83 |
Day's Range | 86.78 - 88.58 |
52-Week Range | 77.49 - 94.77 |
Beta | 0.81 |
Analysts | Buy |
Price Target | 89.25 (+0.82%) |
Earnings Date | Oct 23, 2024 |
About GGG
Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The Contractor segment offers sprayers to apply paint to walls and other structures; two-component proportioning systems that are used to spray polyurethane foam and polyurea coatings; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors. The Industrial segment provides liquid finishing equipment, paint circulating and supply pumps, paint c... [Read more]
Financial Performance
In 2023, Graco's revenue was $2.20 billion, an increase of 2.43% compared to the previous year's $2.14 billion. Earnings were $506.51 million, an increase of 9.96%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for GGG stock is "Buy." The 12-month stock price forecast is $89.25, which is an increase of 0.82% from the latest price.
News
Graco Inc. Has Completed Its Previously-Announced Acquisition of Corob S.p.A., a Global Manufacturer of Hi-tech Dispensing and Mixing Solutions for Paints and Coatings
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG) announced today that it has completed its previously-announced acquisition of Corob S.p.A. (“Corob”) for €230 million, subject to customary adjustme...
Graco Inc (GGG) Q3 2024 Earnings Call Transcript
Graco Inc (NYSE:GGG) Q3 2024 Results Conference Call October 24, 2024 11:00 AM ET Company Participants Chris Knutson - Executive VP, Corporate Controller & Principal Accounting Officer Mark Sheahan -...
Graco Reports Third Quarter Results
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the third quarter ended September 27, 2024. Summary $ in millions except per share amounts Three Months Ended Nine ...
Ex-Dividend Reminder: Caterpillar, Graco And Costamare
On 10/21/24, Caterpillar, Graco and Costamare will all trade ex-dividend for their respective upcoming dividends. Caterpillar will pay its quarterly dividend of $1.41 on 11/20/24, Graco will pay its q...
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Graco Inc. Announces Third Quarter 2024 Earnings Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its Third Quarter 2024 earnings after the New York Stock Exchange closes on Wednesday, October 23, 2024. A ful...
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Graco Inc. Signs Definitive Agreement to Acquire Corob S.p.A., a Global Manufacturer of High-tech Dispensing and Mixing Solutions for Paints and Coatings
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG) announced today that it has entered into a definitive agreement to acquire Corob S.p.A. (“Corob”) for €230 million, subject to customary adjustments...
Graco Inc. Announces New Organizational Structure To Drive Global Growth
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a worldwide leader in commercial and industrial fluid and powder handling systems, announced today a new organizational structure to unlock global ...
Carl Marks Advisors Completes Sale of Royal Products to Heartwood Partners
NEW YORK--(BUSINESS WIRE)--Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, announced that it has successfully advised C...
Graco Develops First Air Spray Guns Certified for Ergonomic Performance
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, introduces Stellair ACE and Stellair™, the only industrial air spray guns to achieve Ergonomics...
Graco Announces Regular Quarterly Dividend
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 25.5 cents ($0.255) per common share, payable on November 6, 2024, to shareho...
Keeping Your Precious Cargo Safe: The Best Graco® Car Seats for Every Stage
A Media Snippet accompanying this announcement is available by clicking on this link. ORLANDO, Fla.
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Graco Inc. Completes Acquisition of PCT Systems
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG) announced today that it has acquired the megasonic and ultrasonic wet cleaning systems business of PCT Systems (PCT), a California-based manufacture...
Graco: A Shareholder-Oriented Compounder
Graco is a dominant player in the fluid-handling market, known for its premium-quality products and strong brand value, which enable it to maintain superior margins compared to its competitors. The co...
Graco Inc. (GGG) Q2 2024 Earnings Call Transcript
Graco Inc. (NYSE:GGG) Q2 2024 Earnings Conference Call July 25, 2024 11:00 AM ET Company Participants Christopher Knutson - EVP, Corporate Controller Mark Sheahan - President, CEO and Director David ...
Graco Reports Second Quarter Results
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the second quarter ended June 28, 2024. Summary $ in millions except per share amounts Three Months Ended Six Mon...
Graco Launches E-Mix XT™ An All-Electric, Two-Component Spray Technology
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling systems, today unveiled the E-Mix XT™, the latest innovation in electric variable ratio two-component spra...
Graco Launches TrueCoat 360® Cordless Connect™ Airless Paint and Stain Sprayer System That Connects To A Cordless Drill
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, today introduced the new TrueCoat 360® Cordless Connect™ — an airless painting system that conn...
Graco Announces Launch of Xtreme Torque™ Airless Sprayer Line With Ultra-Quiet Motor and Exceptional Durability
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, today announced the all-new lineup of Ultra XT and Mark XT Airless Sprayers, which are set to d...
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Graco Inc. Announces Second Quarter 2024 Earnings Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its Second Quarter 2024 earnings after the New York Stock Exchange closes on Wednesday, July 24, 2024. A full-...
Graco Launches Pulse® Asset; Designed to Simplify Fluid Management in Manufacturing
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG), a leading manufacturer of fluid handling equipment, today announced the launch of Pulse® Asset. An extension of Graco's proven Pulse Pro Fluid Man...
Tennant Company Appoints New Board Member
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions to reinvent how the world cleans, today announced the appointment of Mar...