Graco Inc. (GGG)

NYSE: GGG · IEX Real-Time Price · USD
84.42
+0.63 (0.75%)
Jul 26, 2024, 4:00 PM EDT - Market closed
0.75%
Market Cap 14.26B
Revenue (ttm) 2.15B
Net Income (ttm) 498.25M
Shares Out 168.93M
EPS (ttm) 2.89
PE Ratio 29.21
Forward PE 26.40
Dividend $1.02 (1.21%)
Ex-Dividend Date Jul 22, 2024
Volume 1,009,533
Open 84.23
Previous Close 83.79
Day's Range 83.33 - 85.07
52-Week Range 69.78 - 94.77
Beta 0.81
Analysts Buy
Price Target 96.33 (+14.11%)
Earnings Date Jul 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 3 analysts, the average rating for GGG stock is "Buy." The 12-month stock price forecast is $96.33, which is an increase of 14.11% from the latest price.

Price Target
$96.33
(14.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 days 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...

2 days 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...

9 days 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...

16 days ago - Business Wire

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-...

18 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 August 7, 2024, to sharehold...

6 weeks 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...

2 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
2 months ago - Business Wire

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...

3 months 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-...

3 months 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...

4 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...

6 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-...

7 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...

8 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...

8 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 ...

8 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...

9 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...

10 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 ...

1 year 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...

1 year 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-...

1 year 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...

1 year 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