Graco Inc (NYSE: GGG) is -0.14% lower on its value in year-to-date trading and has touched a low of $77.49 and a high of $94.77 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GGG stock was last observed hovering at around $83.90 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $84.17, the stock is 0.33% and -2.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing 0.32% at the moment leaves the stock 0.57% off its SMA200. GGG registered -3.07% loss for a year compared to 6-month loss of -1.03%. The firm has a 50-day simple moving average (SMA 50) of $86.4022 and a 200-day simple moving average (SMA200) of $83.6908.
The stock witnessed a 0.48% gain in the last 1 month and extending the period to 3 months gives it a 3.28%, and is -1.97% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.14% over the week and 1.76% over the month.
Graco Inc (GGG) has around 4000 employees, a market worth around $14.21B and $2.11B in sales. Current P/E ratio is 29.85 and Fwd P/E is 25.96. Profit margin for the company is 23.00%. Distance from 52-week low is 8.62% and -11.18% from its 52-week high. The company has generated returns on investments over the last 12 months (18.72%).
The EPS is expected to grow by 8.82% this year.
Graco Inc (GGG) Top Institutional Holders
901.0 institutions hold shares in Graco Inc (GGG), with institutional investors hold 90.36% of the company’s shares. The shares outstanding are 168.85M, and float is at 167.21M with Short Float at 1.05%. Institutions hold 89.53% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 19.09 million shares valued at $1.51 billion. The investor’s holdings represent 11.3304% of the GGG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 17.13 million shares valued at $1.36 billion to account for 10.1682 of the shares outstanding. The other top investors are STATE STREET CORP which holds 7.02 million shares representing 4.164% and valued at over $556.22 million, while FIERA CAPITAL CORP holds 3.7077 of the shares totaling 6.25 million with a market value of $495.26 million.
Graco Inc (GGG) Insider Activity
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Graco Inc disclosed in a document filed with the SEC on Dec 03 ’24 that O’Shea Peter J (President, WW LED, Pres SCA) sold a total of 15,000 shares of the company’s common stock. The trade occurred on Dec 03 ’24 and was made at $91.06 per share for $1.37 million. Following the transaction, the insider now directly holds 14516.0 shares of the GGG stock.
Still, SEC filings show that on Dec 03 ’24, Chambers Caroline M (President, EMEA) disposed off 8,280 shares at an average price of $90.57 for $0.75 million. The insider now directly holds 57,612 shares of Graco Inc (GGG).
