Graco Inc. (GGG)
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]
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 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.
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...
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-...
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...
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...
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...
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-...
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...
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...
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 ...
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...
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...
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 ...
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...
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-...
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...
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...
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,...
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...
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-...
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...
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...
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.
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.
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...
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...