Graco Inc. (GGG)

NYSE: GGG · IEX Real-Time Price · USD
69.84
+1.52 (2.22%)
Feb 1, 2023, 10:36 AM EST - Market open
2.22%
Market Cap 11.77B
Revenue (ttm) 2.13B
Net Income (ttm) 454.69M
Shares Out 168.53M
EPS (ttm) 2.62
PE Ratio 26.08
Forward PE 25.51
Dividend $0.84 (1.20%)
Ex-Dividend Date Jan 17, 2023
Volume 163,542
Open 68.28
Previous Close 68.32
Day's Range 68.10 - 69.92
52-Week Range 56.48 - 74.83
Beta 0.80
Analysts Buy
Price Target 73.59 (+5.38%)
Earnings Date Jan 31, 2023

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 company's Industrial segment offers proportioning systems to spray polyurethane foam and polyurea coatings; equipment that pumps, meters, mixes and dispenses sealant, adhesive, and composite materials; and gel-coat equipment, chop and wet-out systems, resin transfer molding systems and applicators, and precision dispensing solutions. It also provides liquid finishing equipment; paint c... [Read more]

Sector Industrials
Founded 1926
Employees 3,800
Stock Exchange NYSE
Ticker Symbol GGG
Full Company Profile

Financial Performance

In 2021, Graco's revenue was $1.99 billion, an increase of 20.45% compared to the previous year's $1.65 billion. Earnings were $439.87 million, an increase of 33.11%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for GGG stock is "Buy." The 12-month stock price forecast is $73.59, which is an increase of 5.38% from the latest price.

Price Target
$73.59
(5.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Graco (GGG) Q4 Earnings & Revenues Beat, Increase Y/Y

Graco's (GGG) Q4 results benefit from solid performance in its Industrial and Process segments.

1 day ago - Zacks Investment Research

Graco Inc. (GGG) Beats Q4 Earnings and Revenue Estimates

Graco Inc. (GGG) delivered earnings and revenue surprises of 7.35% and 1.10%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 day ago - Zacks Investment Research

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 day ago - Business Wire

Should You Buy Graco (GGG) Ahead of Earnings?

Graco (GGG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

4 days ago - Zacks Investment Research

Graco Inc. (GGG) Reports Next Week: Wall Street Expects Earnings Growth

Graco Inc. (GGG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

Will Graco Inc. (GGG) Beat Estimates Again in Its Next Earnings Report?

Graco Inc. (GGG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 week ago - Zacks Investment Research

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...

2 weeks ago - Business Wire

4 Stocks to Watch on Dividend Hikes at the Turn of the Year

Lamb Weston Holdings, Inc. (LW), Sandstorm Gold Ltd. (SAND), Graco Inc. (GGG) and The Mosaic Company (MOS) recently hiked dividends.

Other symbols: LWMOSSAND
1 month ago - Zacks Investment Research

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 month ago - Business Wire

Reasons to Retain Graco (GGG) Stock in Your Portfolio Now

A strong customer base and product investment coupled with a solid backlog level make Graco (GGG) stock worth holding on to. The company's measures to reward its shareholders are also encouraging.

1 month ago - Zacks Investment Research

Graco Launches QUANTM Pump

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG), a leading manufacturer of fluid handling equipment, announces the release of the Company's next generation electric-operated double diaphragm pu...

1 month ago - Business Wire

Graco Names Laura L. Evanson Executive Vice President, Marketing

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, announced today that Laura L. Evanson has been appointed to the newly created role of Executi...

2 months ago - Business Wire

Graco Names Claudio Merengo an Executive Officer

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, announced today that Claudio Merengo, President, Worldwide Gema, has been appointed an execut...

2 months ago - Business Wire

5 Stocks to Watch on Their Recent Dividend Hike

Dividend-paying stocks should be in demand as investors will try to safeguard their portfolio. Five such stocks are: GGG, AES, CO, VAC and LZB.

Other symbols: AESLZBOCVAC
2 months ago - Zacks Investment Research

Graco Inc. Appoints Archie C. Black to the Board of Directors

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG) announced today that Archie C. Black has been appointed as a member of the Company's Board of Directors, effective February 20, 2023.

Other symbols: SPSC
2 months ago - Business Wire

CORRECTING and REPLACING Graco Increases Quarterly Dividend 11.9 Percent

MINNEAPOLIS--(BUSINESS WIRE)--First paragraph, second sentence of release should read: The Company has approximately 167.6 million shares outstanding (instead of The Company has approximately 170.2 ...

2 months ago - Business Wire

Graco Increases Quarterly Dividend 11.9 Percent

MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 23.5 cents ($0.235) per common share, an increase of 11.9 percent, payable ...

2 months ago - Business Wire

Why Is Graco Inc. (GGG) Up 4.6% Since Last Earnings Report?

Graco Inc. (GGG) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Here's Why Investors Should Retain Graco (GGG) Stock for Now

Graco (GGG) is benefiting from strength across its end markets, including general industrial, automotive and others. Its shareholder-friendly actions are also a boon.

2 months ago - Zacks Investment Research

Graco (GGG) Shares Increase 6.9% Since Q3 Earnings Release

Graco's (GGG) Q3 performance benefits from solid performance across all segments owing to volume growth and effective pricing.

3 months ago - Zacks Investment Research

Graco Inc. (GGG) Surpasses Q3 Earnings and Revenue Estimates

Graco Inc. (GGG) delivered earnings and revenue surprises of 1.54% and 4.24%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Graco Reports Record Third Quarter Results

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

3 months ago - Business Wire

Graco Inc. (GGG) Earnings Expected to Grow: Should You Buy?

Graco Inc. (GGG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Graco Inc. Announces Third Quarter 2022 Earnings Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its Third Quarter 2022 earnings after the New York Stock Exchange closes on Wednesday, October 26, 2022. A ful...

4 months ago - Business Wire

Graco (GGG) Uncovers Facility in Dayton for Business Growth

Graco's (GGG) new facility in Dayton, MN, accommodates both office and factory space. GGG is funding solar-energy projects with this new hub partnering Impact Power Solutions.

4 months ago - Zacks Investment Research