Bank Julius Baer & Co. Ltd Zurich reduced its stake in Graco Inc. (NYSE:GGG – Free Report) by 45.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 20,530 shares of the industrial products company’s stock after selling 17,441 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in Graco were worth $1,703,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Caisse de depot et placement du Quebec increased its stake in Graco by 236.4% in the 3rd quarter. Caisse de depot et placement du Quebec now owns 1,279,553 shares of the industrial products company’s stock worth $108,711,000 after buying an additional 899,174 shares in the last quarter. AQR Capital Management LLC increased its stake in Graco by 116.8% in the 2nd quarter. AQR Capital Management LLC now owns 735,146 shares of the industrial products company’s stock worth $63,201,000 after buying an additional 396,125 shares in the last quarter. Schroder Investment Management Group increased its stake in Graco by 877.5% in the 3rd quarter. Schroder Investment Management Group now owns 334,947 shares of the industrial products company’s stock worth $28,300,000 after buying an additional 300,682 shares in the last quarter. Nordea Investment Management AB increased its stake in Graco by 299.6% in the 4th quarter. Nordea Investment Management AB now owns 342,247 shares of the industrial products company’s stock worth $28,263,000 after buying an additional 256,593 shares in the last quarter. Finally, Sei Investments Co. increased its stake in Graco by 94.6% in the 2nd quarter. Sei Investments Co. now owns 508,176 shares of the industrial products company’s stock worth $43,688,000 after buying an additional 246,984 shares in the last quarter. 93.88% of the stock is owned by institutional investors.
Key Headlines Impacting Graco
Here are the key news stories impacting Graco this week:
- Positive Sentiment: Zacks Research slightly raised Graco’s Q1 2027 EPS estimate to $0.74 from $0.73, signaling a marginally better outlook for that period.
- Positive Sentiment: The firm also nudged Q4 2026 EPS higher to $0.83 from $0.82, indicating a small improvement in late-2026 earnings expectations.
- Neutral Sentiment: Several longer-term forecasts remain constructive, including FY2027 EPS of $3.40 and FY2028 EPS of $3.93, suggesting analysts still expect growth over time.
- Negative Sentiment: Zacks Research cut FY2026 EPS to $3.09 from $3.18, which is below the current consensus of $3.13 and points to some near-term earnings risk.
- Negative Sentiment: The firm also lowered Q2 2026 EPS to $0.81 from $0.83 and trimmed Q2 2027, Q3 2027, Q4 2027, Q1 2028, and FY2028 estimates, reinforcing a softer medium-term outlook for Graco.
Graco Price Performance
Graco (NYSE:GGG – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The industrial products company reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.09). The firm had revenue of $540.14 million during the quarter, compared to the consensus estimate of $561.35 million. Graco had a return on equity of 18.66% and a net margin of 22.96%.The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.70 EPS. As a group, equities research analysts expect that Graco Inc. will post 3.12 EPS for the current year.
Insider Transactions at Graco
In other news, Director Andrea Helen Simon acquired 1,240 shares of the firm’s stock in a transaction on Monday, April 27th. The stock was acquired at an average price of $80.53 per share, with a total value of $99,857.20. Following the completion of the purchase, the director directly owned 1,240 shares in the company, valued at approximately $99,857.20. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.18% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on GGG. DA Davidson reiterated a “neutral” rating and issued a $85.00 price target on shares of Graco in a research note on Monday, April 27th. KeyCorp restated a “sector weight” rating on shares of Graco in a research report on Tuesday, January 27th. Weiss Ratings lowered Graco from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Royal Bank Of Canada restated an “outperform” rating and set a $95.00 price objective on shares of Graco in a research report on Friday, April 24th. Finally, Jefferies Financial Group lifted their price target on Graco from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $94.25.
Read Our Latest Stock Report on Graco
Graco Company Profile
Graco Inc is a leading manufacturer of fluid handling systems and components, headquartered in Minneapolis, Minnesota. Founded in 1926, the company has built a reputation for innovation in spray finishing, lubrication, and fluid management technologies. Graco’s solutions are designed to address the needs of paint and coatings applicators, general industry, and process fluids in a variety of end markets.
The company’s product portfolio includes airless and air-assisted spray equipment, pumps for oil and gas applications, industrial lubrication systems, and automated dispensing equipment.
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