Graco Inc. (NYSE:GGG) VP Mark D. Eberlein sold 5,902 shares of the stock in a transaction on Friday, November 17th. The shares were sold at an average price of $130.26, for a total value of $768,794.52. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of Graco Inc. (NYSE:GGG) opened at $130.07 on Monday. Graco Inc. has a 52-week low of $80.20 and a 52-week high of $134.11. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.46 and a current ratio of 2.23. The company has a market capitalization of $7,300.83, a PE ratio of 28.40, a price-to-earnings-growth ratio of 2.84 and a beta of 1.25.

Graco (NYSE:GGG) last issued its quarterly earnings results on Wednesday, October 25th. The industrial products company reported $1.15 EPS for the quarter, topping the Zacks’ consensus estimate of $1.06 by $0.09. Graco had a return on equity of 42.05% and a net margin of 7.72%. The company had revenue of $379.81 million during the quarter, compared to analysts’ expectations of $356.30 million. During the same quarter in the previous year, the firm posted $0.95 EPS. The firm’s revenue was up 16.1% compared to the same quarter last year. equities analysts forecast that Graco Inc. will post 4.36 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 1st. Shareholders of record on Monday, October 16th were given a dividend of $0.36 per share. The ex-dividend date was Friday, October 13th. This represents a $1.44 dividend on an annualized basis and a yield of 1.11%. Graco’s dividend payout ratio is currently 75.79%.

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GGG has been the subject of a number of recent analyst reports. Zacks Investment Research raised Graco from a “hold” rating to a “buy” rating and set a $127.00 price objective for the company in a research report on Monday, July 31st. BidaskClub raised Graco from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Royal Bank Of Canada reissued a “hold” rating on shares of Graco in a research report on Friday, July 28th. SunTrust Banks, Inc. reissued a “hold” rating and issued a $128.00 price objective on shares of Graco in a research report on Friday, October 27th. Finally, Robert W. Baird reissued a “hold” rating and issued a $135.00 price objective on shares of Graco in a research report on Friday, October 27th. Eleven analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and a consensus price target of $116.75.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. raised its stake in shares of Graco by 106.1% during the 2nd quarter. Advisors Asset Management Inc. now owns 1,123 shares of the industrial products company’s stock valued at $123,000 after buying an additional 578 shares during the last quarter. Acrospire Investment Management LLC raised its stake in shares of Graco by 200.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the industrial products company’s stock valued at $131,000 after buying an additional 800 shares during the last quarter. Fiduciary Trust Co. purchased a new position in shares of Graco during the 2nd quarter valued at about $180,000. Mosaic Family Wealth LLC raised its stake in shares of Graco by 5.1% during the 2nd quarter. Mosaic Family Wealth LLC now owns 1,880 shares of the industrial products company’s stock valued at $205,000 after buying an additional 91 shares during the last quarter. Finally, Wellington Management Group LLP purchased a new position in shares of Graco during the 1st quarter valued at about $206,000. Institutional investors and hedge funds own 86.67% of the company’s stock.

Graco Company Profile

Graco Inc designs, manufactures and markets systems and equipment used to move, measure, control, dispense and spray fluid and powder materials. The Company specializes in equipment for applications that involve materials with viscosities, materials with abrasive or corrosive properties, and multiple-component materials that require ratio control.

Insider Buying and Selling by Quarter for Graco (NYSE:GGG)

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