Graco Inc. Authorizes Buyback of 15 Million Shares and Increases Dividend by 7.3%
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: 1 hour ago0mins
- Share Buyback Plan: Graco's Board of Directors has authorized a new share buyback plan to repurchase up to 15 million shares over an indefinite period, aimed at enhancing shareholder value and boosting market confidence.
- Supplementing Existing Buyback: This buyback will complement the remaining 8 million shares from the authorization announced in December 2018, reflecting the company's confidence in its stock value and a proactive market stance.
- Dividend Increase: The company declared a quarterly dividend of 29.5 cents per share, representing a 7.3% increase, which is set to be paid on February 4, 2026, further enhancing its appeal to shareholders.
- Strategic Implications: By implementing the share buyback and increasing dividends, Graco not only improves shareholder returns but also demonstrates its robust financial health and ongoing growth potential in the fluid management technology sector.
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Analyst Views on GGG
Wall Street analysts forecast GGG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GGG is 93.50 USD with a low forecast of 89.00 USD and a high forecast of 98.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
1 Buy
3 Hold
0 Sell
Hold
Current: 83.420
Low
89.00
Averages
93.50
High
98.00
Current: 83.420
Low
89.00
Averages
93.50
High
98.00
Baird
Michael Halloran
Neutral
downgrade
$91 -> $89
2025-10-24
Reason
Baird
Michael Halloran
Price Target
$91 -> $89
2025-10-24
downgrade
Neutral
Reason
Baird analyst Michael Halloran lowered the firm's price target on Graco to $89 from $91 and keeps a Neutral rating on the shares. The firm updated its model following Q3 results which were generally inline but where the focus is on the end market recovery curve.
RBC Capital
Deane Dray
Outperform
downgrade
$99 -> $98
2025-10-16
Reason
RBC Capital
Deane Dray
Price Target
$99 -> $98
2025-10-16
downgrade
Outperform
Reason
RBC Capital analyst Deane Dray lowered the firm's price target on Graco to $98 from $99 and keeps an Outperform rating on the shares as part of a broader research note previewing Q3 earnings in Industrials space. Multiple multi-year sector drivers - like electrification, reshoring, and datacenter/AI - and a Fed ease cycle should fuel continued mid-cycle growth and strong earnings visibility, while tariffs remain a fluid but manageable headwind for now, the analyst tells investors in a research note. Datacenter remains the strongest vertical in the sector and muni water the steadiest, while residential construction, HVAC, and chemicals are the weakest end markets, the firm added.
Baird
Michael Halloran
Neutral
maintain
$88 -> $91
2025-07-25
Reason
Baird
Michael Halloran
Price Target
$88 -> $91
2025-07-25
maintain
Neutral
Reason
Baird analyst Michael Halloran raised the firm's price target on Graco to $91 from $88 and keeps a Neutral rating on the shares. The firm updated its model following Q2 results.
Wolfe Research
Nigel Coe
Outperform
initiated
$93
2025-06-19
Reason
Wolfe Research
Nigel Coe
Price Target
$93
2025-06-19
initiated
Outperform
Reason
See All Ratings
About GGG
Graco Inc. is a multinational manufacturing company. The Company supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. Its segments include Contractor, Industrial and Expansion Markets. The Contractor segment markets sprayers and equipment that apply paint to walls and other structures, texture to walls and ceilings, insulation to building walls and other items, highly viscous coatings to roofs, and markings on roads, parking lots, athletic fields and floors. The Industrial segment includes its industrial and powder divisions. The Industrial segment markets equipment and solutions for moving and applying paints, powder coatings, sealants, adhesives and other fluids. The Expansion Markets segment includes environmental, semiconductor, high-pressure valves and electric motors businesses.
About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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