Graco Inc. (GGG)

NYSE: GGG · IEX Real-Time Price · USD
89.35
-0.17 (-0.19%)
At close: Apr 24, 2024, 4:00 PM
87.78
-1.57 (-1.76%)
Pre-market: Apr 25, 2024, 4:26 AM EDT
-0.19%
Market Cap 15.03B
Revenue (ttm) 2.16B
Net Income (ttm) 499.54M
Shares Out 168.18M
EPS (ttm) 2.90
PE Ratio 30.81
Forward PE 28.18
Dividend $1.02 (1.14%)
Ex-Dividend Date Apr 12, 2024
Volume 763,864
Open 89.68
Previous Close 89.52
Day's Range 88.80 - 90.27
52-Week Range 68.78 - 94.77
Beta 0.81
Analysts Buy
Price Target 87.60 (-1.96%)
Earnings Date Apr 24, 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 5 analysts, the average rating for GGG stock is "Buy." The 12-month stock price forecast is $87.6, which is a decrease of -1.96% from the latest price.

Price Target
$87.6
(-1.96% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Graco Reports First Quarter Results

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the first quarter ended March 29, 2024. Summary $ in millions except per share amounts       Three Months Ended     Mar...

12 hours ago - Business Wire

Graco Inc. Announces First Quarter 2024 Earnings Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its First Quarter 2024 earnings after the New York Stock Exchange closes on Wednesday, April 24, 2024. A full-...

16 days ago - Business Wire

Graco Launches TruMix XT™ Variable-Ratio Mixing System

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, introduces the TruMix XT™ variable-ratio mixing system. This industry-first solution mixes 2-co...

21 days 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 May 1, 2024, to shareholders...

2 months ago - Business Wire

Graco Reports Record Fourth Quarter and Annual Sales and Operating Earnings

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the fourth quarter ended December 29, 2023.   Summary $ in millions except per share amounts     Three Months Ended   T...

3 months ago - Business Wire

Graco Inc. Announces Fourth Quarter 2023 Earnings Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its Fourth Quarter 2023 earnings after the New York Stock Exchange closes on Monday, January 29, 2024. A full-...

3 months ago - Business Wire

Graco Publishes Environmental, Social and Governance (ESG) Report

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, released today its 2022 environmental, social and governance (ESG) report. This report provides...

4 months ago - Business Wire

Graco Announces Dale D. Johnson's Intention to Retire, and Names David J.

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG) announced today that Dale D. Johnson has informed the company of his intention to retire in the first quarter of 2025, and that in anticipation of M...

5 months ago - Business Wire

Graco Increases Quarterly Dividend 8.5 Percent

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, an increase of 8.5 percent, payable on ...

5 months ago - Business Wire

Graco Reports Record Quarterly Operating Earnings

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the third quarter ended September 29, 2023.   Summary $ in millions except per share amounts     Three Months Ended   N...

6 months ago - Business Wire

Graco Inc. Announces Third Quarter 2023 Earnings Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its Third Quarter 2023 earnings after the New York Stock Exchange closes on Wednesday, October 25, 2023. A ful...

7 months ago - Business Wire

Graco InvisiPac HM10 Brings Improved Profitability, Reliability and Safety to End-of-Line Packaging

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, introduces the InvisiPac® HM10. With a 10 pound (4.5 kilogram) per hour hot melt rate, the hot ...

8 months ago - Business Wire

Graco Reports Record Quarterly Sales and Operating Earnings

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the second quarter ended June 30, 2023. Summary   $ in millions except per share amounts   Three Months Ended   Six Mon...

9 months ago - Business Wire

Graco Inc. Announces Second Quarter 2023 Earnings Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its Second Quarter 2023 earnings after the New York Stock Exchange closes on Wednesday, July 26, 2023. A full-...

10 months ago - Business Wire

Graco Develops Electric Variable Ratio Metering for 2K Material

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, introduces the Electric Variable Ratio Metering System. Now available for customization, the EV...

11 months ago - Business Wire

Graco Inc. Appoints Heather L. Anfang to the Board of Directors

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG) announced today that Heather L. Anfang has been appointed as a member of the Company's Board of Directors, effective May 12, 2023. Ms. Anfang serves...

1 year ago - Business Wire

Graco Reports Record First Quarter Sales and Operating Earnings

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the first quarter ended March 31, 2023. Summary $ in millions except per share amounts     Three Months Ended   Mar 31,...

1 year ago - Business Wire

Graco Appoints Ronita Banerjee as Executive Vice President and Chief Human Resources Officer

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG), a leading manufacturer of fluid handling equipment, today announced that, effective May 24, 2023, Ronita Banerjee will be joining Graco as the com...

1 year ago - Business Wire

Graco Inc. Announces First Quarter 2023 Earnings Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its First Quarter 2023 earnings after the New York Stock Exchange closes on Wednesday, April 26, 2023. A full-...

1 year ago - Business Wire

Graco Announces Changes to Executive Leadership Team

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG), a leading manufacturer of fluid handling equipment, today announced that, effective May 1, 2023, Kathryn L. Schoenrock will be the company's new E...

1 year ago - Business Wire

Graco Launches The Next Generation Small Application Airless Sprayer

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment introduces the new Ultra® QuickShot™ – the first and only electric powered airless gun on the ma...

1 year ago - Business Wire

Graco Launches Industry First Automatic Lubrication Injector Technology, GCI™ Series Cartridge Injector

MINNEAPOLIS--(BUSINESS WIRE)--Graco, Inc. launched the GCI™ Series injector platform, the lubrication industry's first cartridge injector that doubles output at a lower cost.

1 year ago - Business Wire

Graco Reports Record Quarter and Annual Sales and Operating Earnings

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the fourth quarter ended December 30, 2022.

1 year ago - Business Wire

Graco Inc. Announces Fourth Quarter 2022 Earnings Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its Fourth Quarter 2022 earnings after the New York Stock Exchange closes on Monday, January 30, 2023. A ful...

1 year ago - Business Wire

Graco Publishes Inaugural Environmental, Social and Governance Report

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, released today its inaugural Environmental, Social and Governance (ESG) report. The report di...

1 year ago - Business Wire