Graco Inc. (GGG)

NYSE: GGG · Real-Time Price · USD
88.52
+0.69 (0.79%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.79%
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]

Sector Industrials
Founded 1926
Employees 4,000
Stock Exchange NYSE
Ticker Symbol GGG
Full Company Profile

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 Statements

Analyst 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.

Price Target
$89.25
(0.82% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

16 days ago - Business Wire

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 -...

27 days ago - Seeking Alpha

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 ...

4 weeks ago - Business Wire

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...

Other symbols: CATCMRE
4 weeks ago - Forbes

Dividend Increases: 5 Potential Payout Hikes For Q4 2024

Let's talk about companies that are serious about dividend hikes. I'm talking about recent payout raises of 25%, 67% and even 120%.

Other symbols: DEEQIXFCNCAHST
6 weeks ago - Forbes

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...

6 weeks ago - Business Wire

Top 50 High Quality Dividend Stocks - September 2024 Results

I track 50 high-quality dividend stocks, updating their valuations daily to identify Strong Buy, Buy, Hold, and Trim opportunities based on historical free cash flow trends. September's performance: S...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Business Wire

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 ...

2 months ago - Business Wire

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...

Other symbols: TRV
2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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.

2 months ago - GlobeNewsWire

50 High Quality Dividend Stocks To Own For The Long Term

The High Quality Dividend Stock Investable Universe is a rules-based approach to finding the best dividend stocks to invest in. The universe is made up of 50 stocks with a focus on identifying compani...

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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 ...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

The Highest Quality Dividend Growth Stocks In 2024

This article updates one I wrote in August 2022, which was based on a template article by David Van Knapp published in June 2020. I use an adapted quality scoring system to assess the quality of divid...

Other symbols: AAPLACNADPAJGAONAOSAPD
4 months ago - Seeking Alpha

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-...

4 months ago - Business Wire

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...

6 months ago - Business Wire

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...

Other symbols: TNC
6 months ago - Business Wire