$0.41 EPS Expected for Graco Inc. (GGG)

April 7, 2018 – By Dolores Ford

Graco Inc. (NYSE:GGG) LogoInvestors sentiment increased to 9.88 in 2017 Q4. Its up 8.92, from 0.96 in 2017Q3. It improved, as 25 investors sold Graco Inc. shares while 7 reduced holdings. 59 funds opened positions while 257 raised stakes. 278.85 million shares or 493.55% more from 46.98 million shares in 2017Q3 were reported.
California-based Wcm Inv Mngmt Ca has invested 0.04% in Graco Inc. (NYSE:GGG). Dorsey Wright And holds 0.1% or 12,069 shares. Rocky Mountain Advisers Ltd Liability Co has invested 0.02% in Graco Inc. (NYSE:GGG). Tocqueville Asset Mngmt L P holds 0.01% or 18,372 shares in its portfolio. Winslow Evans Crocker reported 5,400 shares or 0.08% of all its holdings. Finance Engines Advisors Ltd Liability reported 0.05% of its portfolio in Graco Inc. (NYSE:GGG). Citigroup stated it has 54,155 shares. Spectrum Management Grp Inc invested in 0.01% or 600 shares. Hexavest stated it has 0% of its portfolio in Graco Inc. (NYSE:GGG). Johnson Financial Grp invested 0% in Graco Inc. (NYSE:GGG). Brown Brothers Harriman Company owns 2,619 shares. Zeke Advisors owns 58,395 shares. Rk Cap Mgmt Limited Liability reported 121,975 shares stake. Federated Investors Inc Pa has 79,898 shares for 0.01% of their portfolio. Bnp Paribas Asset Management Holdings owns 8,334 shares.

Since October 30, 2017, it had 0 insider purchases, and 6 selling transactions for $11.41 million activity. Another trade for 27,000 shares valued at $1.31 million was sold by GALLIVAN KAREN PARK. $3.94 million worth of Graco Inc. (NYSE:GGG) was sold by SHEAHAN MARK W. Rothe Christian E also sold $1.68 million worth of Graco Inc. (NYSE:GGG) on Wednesday, December 13.

Analysts expect Graco Inc. (NYSE:GGG) to report $0.41 EPS on April, 25.They anticipate $0.06 EPS change or 17.14 % from last quarter’s $0.35 EPS. GGG’s profit would be $69.32 million giving it 27.49 P/E if the $0.41 EPS is correct. After having $0.34 EPS previously, Graco Inc.’s analysts see 20.59 % EPS growth. The stock decreased 2.42% or $1.12 during the last trading session, reaching $45.09. About 707,623 shares traded. Graco Inc. (NYSE:GGG) has risen 44.03% since April 7, 2017 and is uptrending. It has outperformed by 32.48% the S&P500.

Graco Inc. (NYSE:GGG) Ratings Coverage

Among 7 analysts covering Graco (NYSE:GGG), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. Graco had 11 analyst reports since October 11, 2017 according to SRatingsIntel. B. Riley & Co maintained it with “Neutral” rating and $50 target in Wednesday, January 31 report. As per Wednesday, January 3, the company rating was maintained by RBC Capital Markets. The stock of Graco Inc. (NYSE:GGG) has “Hold” rating given on Tuesday, January 30 by RBC Capital Markets. The firm has “Buy” rating given on Tuesday, January 23 by Deutsche Bank. The rating was maintained by RBC Capital Markets on Wednesday, October 11 with “Hold”. Robert W. Baird maintained it with “Hold” rating and $143.0 target in Wednesday, December 13 report. On Monday, January 22 the stock rating was maintained by Seaport Global with “Hold”. Robert W. Baird maintained Graco Inc. (NYSE:GGG) on Thursday, October 26 with “Hold” rating. On Tuesday, January 30 the stock rating was maintained by SunTrust with “Hold”.

Graco Inc., together with its subsidiaries, designs, makes, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company has market cap of $7.62 billion. It operates through three divisions: Industrial, Process, and Contractor. It has a 31.1 P/E ratio. The Industrial segment offers proportioning systems that are used to spray polyurethane foam and polyurea coatings; vapor-abrasive blasting equipment; 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.

Graco Inc. (NYSE:GGG) Institutional Positions Chart

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