Buy Or Sell Opportunity • Jul 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 10.0% to €65.80. The fair value is estimated to be €82.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 8.0% per annum over the same time period. Duyuru • Jul 01
Graco Inc. to Report Q2, 2026 Results on Jul 22, 2026 Graco Inc. announced that they will report Q2, 2026 results After-Market on Jul 22, 2026 Declared Dividend • Jun 24
First quarter dividend of US$0.29 announced Shareholders will receive a dividend of US$0.29. Ex-date: 20th July 2026 Payment date: 5th August 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Jun 13
Graco Inc. Declares Quarterly Dividend, Payable on August 5, 2026 The board of directors of Graco Inc. has declared a regular quarterly dividend of 29.5 cents ($0.295) per common share, payable on August 5, 2026, to shareholders of record at the close of business on July 20, 2026. Buy Or Sell Opportunity • Jun 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to €63.60. The fair value is estimated to be €79.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 8.0% per annum over the same time period. Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Andi Simon was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • May 22
Graco Inc. (NYSE : GGG) entered into a definitive agreement to acquire Valco Melton Inc for $447 million. Graco Inc. (NYSE : GGG) entered into a definitive agreement to acquire Valco Melton Inc for $447 million on May 21, 2026.
The transaction is expected to close in third quarter, following the satisfaction of closing conditions. Duyuru • Apr 02
Graco Inc. to Report Q1, 2026 Results on Apr 22, 2026 Graco Inc. announced that they will report Q1, 2026 results After-Market on Apr 22, 2026 Duyuru • Mar 12
Graco Inc., Annual General Meeting, Apr 24, 2026 Graco Inc., Annual General Meeting, Apr 24, 2026. Duyuru • Mar 04
Graco Inc. Introduces Industry’s First Wirelessly Connected And Automated Fluid Management System For In-Field Equipment Servicing Graco Inc. is helping heavy equipment dealers and owners more accurately track and bill maintenance fluids dispensed in the field with its new Pulse Mobile fluid management system. Introduced this week at the CONEXPO 2026 show in Las Vegas, Pulse Mobile is the industry’s first wirelessly connected and automated fluid-tracking solution for field service. In industries like mining, construction and logging, where equipment is serviced on the jobsite, fluid dispensing has historically been recorded manually, which leads to inventory discrepancies, lost revenue, and billing errors. Pulse Mobile automates this activity, capturing every ounce of fluid dispensed from a lube or service truck. Each ounce dispensed can also be assigned to specific assets, work orders, and service technicians to reduce waste and improve billing accuracy. Other benefits that equipment dealers and owners will realize with Pulse Mobile include: Visibility across operations: Pulse Mobile uploads dispensing data to a cloud database. There, the mobile data can be consolidated with a user’s shop-based dispensing data from Graco’s Pulse Pro. This gives users a single view of their fluid inventory and dispensing activities across all their operations. Reliable performance in challenging conditions: Pulse Mobile uses a ruggedized, IP69K-rated meter to track dispensing data in even the toughest remote environments. The meter is built to withstand vibration, weather, and heavy-duty use in the field. Ease of adoption and use: Field teams can install and configure Pulse Mobile in one day, enabling rapid deployment with minimal disruption. Then, they simply enter a pin or flash an NFC tag to use it. Introduced during the year of Graco’s 100th anniversary, Pulse Mobile reflects the company’s century-long commitment to solving real-world industry challenges – in the shop and in the field – with innovative, high-performance fluid management solutions. Attendees at CONEXPO can also learn more, including expert consultations and live demos, by visiting the Graco booth (#C23018). Duyuru • Jan 27
Graco Inc. Provides Earnings Guidance for the Year 2026 Graco Inc. provided earnings guidance for the year 2026. For the year, the company is initiating guidance of low single-digit organic sales growth on a constant-currency basis and mid-single-digit sales growth including acquisitions. Duyuru • Jan 02
Graco Inc. to Report Q4, 2025 Results on Jan 26, 2026 Graco Inc. announced that they will report Q4, 2025 results After-Market on Jan 26, 2026 Duyuru • Dec 06
Graco Inc. Announces Regular Quarterly Dividend, Payable on February 4, 2026 Graco Inc. announced the declaration of a regular quarterly dividend of 29.5 cents ($0.295) per common share, an increase of 7.3%, payable on February 4, 2026, to shareholders of record at the close of business on January 19, 2026. Duyuru • Nov 18
Graco Inc. (NYSE:GGG) acquired Red Devil Equipment Co. Graco Inc. (NYSE:GGG) acquired Red Devil Equipment Co. on November 17, 2025.
Graco Inc. (NYSE:GGG) completed the acquisition of Red Devil Equipment Co. on November 17, 2025. Duyuru • Oct 31
Graco Inc. Appoints Andrea (Andi) H. Simon to the Board of Directors, Audit Committee and Management Organization and Compensation Committee, Effective December 5, 2025 Graco Inc. announced that Andrea (Andi) H. Simon has been appointed as a member of the company’s board of directors, effective December 5, 2025. Ms. Simon serves as Executive Vice President & Chief Financial Officer at MasterBrand Inc., the largest manufacturer of residential cabinets in North America. She has held this position since 2020, including through the 2022 spin-off of MasterBrand as a separate public company from Fortune Brands Home & Security Inc. Prior to that, Ms. Simon served in various operating leadership, finance and compliance-oriented roles at The Weir Group plc, a London Stock Exchange-listed company that manufactures and services highly-engineered equipment for the mining, nuclear defense, oil and gas and power generation markets. Earlier in her career, she worked in the accounting, finance and internal audit functions at Briggs & Stratton Corporation, and was a senior auditor at Arthur Andersen LLP. Ms. Simon holds a bachelor’s degree in accounting, as well as a Master of Business Administration, from Marquette University. Ms. Simon will serve on the company’s Audit Committee and Management Organization and Compensation Committee. Duyuru • Oct 23
Graco Inc. Provides Earnings Guidance for the Year 2025 Graco Inc. provided earnings guidance for the year 2025. For the year, the company expects in achieving full-year guidance of low single-digit sales growth on an organic, constant currency basis. Duyuru • Oct 07
Graco Inc. to Report Q3, 2025 Results on Oct 22, 2025 Graco Inc. announced that they will report Q3, 2025 results After-Market on Oct 22, 2025 Duyuru • Sep 13
Graco Announces Regular Quarterly Dividend, Payable on November 5, 2025 The Board of Directors of Graco Inc. has declared a regular quarterly dividend of 27.5 cents ($0.275) per common share, payable on November 5, 2025, to shareholders of record at the close of business on October 20, 2025. The company has approximately 165.7 million shares outstanding. Duyuru • Jul 24
Graco Inc. Maintains Revenue Guidance for the Full Year 2025 Graco Inc. maintains revenue guidance for the full year 2025. For the period, the company expects revenue outlook of low single-digit sales growth on an organic constant-currency basis. Duyuru • Jul 18
Graco Inc. (NYSE:GGG) entered into a definitive agreement to acquire Color Service S.R.L. for €63 million. Graco Inc. (NYSE:GGG) entered into a definitive agreement to acquire Color Service S.R.L. for €63 million on July 17, 2025. The transaction is expected to close in Graco’s fiscal third quarter following the satisfaction of closing conditions.
For the period ending December 31, 2024, Color Service S.R.L. reported total revenue of €34 million and employs approximately 140 people. Duyuru • Jul 03
Graco Inc. to Report Q2, 2025 Results on Jul 23, 2025 Graco Inc. announced that they will report Q2, 2025 results After-Market on Jul 23, 2025 Duyuru • Jun 07
Graco Inc. Declares Quarterly Dividend, Payable on August 6, 2025 The board of directors of Graco Inc. has declared a regular quarterly dividend of 27.5 cents ($0.275) per common share, payable on August 6, 2025, to shareholders of record at the close of business on July 21, 2025. Duyuru • May 21
Graco Inc. Announces Relocation of Minneapolis Operations to Existing Northwest Metro Campuses Graco Inc. announced that it will relocate its remaining Riverside Minneapolis operations and corporate teams to its growing campuses in the northwest metro area. Graco has called the banks of the Mississippi River in Northeast Minneapolis its home since the 1940s, with both corporate offices and manufacturing operations based along the historic riverfront. Over time, as Graco has expanded its operations, many of its Minnesota-based teams have moved to nearby campuses in the cities of Rogers, Dayton and Anoka, where Graco has built and expanded manufacturing facilities and office space. Graco will gradually exit its Riverside campus in Minneapolis over the next two years and is planning construction of a new corporate headquarters on its existing campus in either Rogers or Dayton. The company will begin the process of preparing the campus for sale as part of this transition. Graco has operations in 12 countries and sells products in more than 100 countries worldwide. Duyuru • Apr 08
Graco Inc. Announces Expansion of Field-Proven Quantm Line Graco Inc. announced the expansion of its field-proven QUANTM tm line. This latest release signifies Graco's ongoing commitment to meet evolving customer needs and empower automated operations. With a focus on increased efficiency and reliability, the unique XTREME TORQUE motor design dramatically reduces the weight and size of the pump--and makes it far easier to deploy and maintain. The recently added 480V power range also creates more opportunities for cost-saving drop-in replacements for current pumps. QUANTM electric double diaphragm (EODD) pumps are purpose-built to match the needs of today's factories. Backed by Graco's nearly 100-year history in fluid handling, QUANTM leads the industry with technology designed for real, measurable progress--not just greenwashing or hype. Top Benefits of QUANTM Energy and Cost Savings: Up to 80% more energy efficient than traditional pumps, reducing operating costs and delivering fast ROI, often within 12 months. Simplified Maintenance: The design makes routine maintenance easier, eliminates pressure sensors and reduces the risk of failure due to clogged lines or closed valves. It also handles challenging fluids, including abrasives, solids, aggressive chemicals and shear-sensitive materials. Improved Safety: Creates a safer and more comfortable working environment with noise levels reduced by up to 90%. Built for Automation: Designed for seamless integration into automated systems, making it ideal for modern industrial plant. QUANTM is a convenient drop-in replacement because of its plug-and-play design and compatibility with existing 110V, 240V or 380V/480V power outlets. Duyuru • Apr 04
Graco Inc. to Report Q1, 2025 Results on Apr 23, 2025 Graco Inc. announced that they will report Q1, 2025 results After-Market on Apr 23, 2025 Duyuru • Mar 13
Graco Inc., Annual General Meeting, Apr 25, 2025 Graco Inc., Annual General Meeting, Apr 25, 2025. Duyuru • Feb 15
Graco Inc. Announces Regular Quarterly Dividend, Payable May 7, 2025 The Board of Directors of Graco Inc. has declared a regular quarterly dividend of 27.5 cents ($0.275) per common share, payable on May 7, 2025, to shareholders of record at the close of business on April 14, 2025. The company has approximately 168.6 million shares outstanding. Duyuru • Jan 30
Graco Inc. Provides Sales Guidance for the Full Year 2025 Graco Inc. provided sales guidance for the full year 2025. The company initiating a full year outlook for 2025 of low single-digit sales growth on an organic, constant currency basis. Duyuru • Jan 08
Graco Inc. to Report Q4, 2024 Results on Jan 27, 2025 Graco Inc. announced that they will report Q4, 2024 results After-Market on Jan 27, 2025 Duyuru • Dec 07
Graco Inc. Announces Regular Quarterly Dividend, Payable on February 5, 2025 The Board of Directors of Graco Inc. has declared a regular quarterly dividend of 27.5 cents ($0.275) per common share, an increase of 7.8%, payable on February 5, 2025, to shareholders of record at the close of business on January 20, 2025. The Company has approximately 169.3 million shares outstanding. Duyuru • Nov 06
Graco Inc. (NYSE:GGG) completed the acquisition of COROB S.p.A. Graco Inc. (NYSE:GGG) entered into a definitive agreement to acquire COROB S.p.A. for €260 million on September 26, 2024. A cash consideration of €230 million will be paid by Graco Inc. in addition, Graco Inc. will pay an earnout/contingent payment of €30 million cash. As part of consideration, €260 million is paid towards common equity of COROB S.p.A. For the period ending December 31, 2023, COROB S.p.A. reported total revenue of €110 million. The transaction is subject to satisfaction of customary closing conditions and is expected to close in the fourth fiscal quarter of 2024.
Graco Inc. (NYSE:GGG) completed the acquisition of COROB S.p.A. on November 4, 2024. Duyuru • Oct 04
Graco Inc. to Report Q3, 2024 Results on Oct 23, 2024 Graco Inc. announced that they will report Q3, 2024 results After-Market on Oct 23, 2024 Duyuru • Sep 27
Graco Inc. (NYSE:GGG) entered into a definitive agreement to acquire COROB S.p.A. for €260 million. Graco Inc. (NYSE:GGG) entered into a definitive agreement to acquire COROB S.p.A. for €260 million on September 26, 2024. A cash consideration of €230 million will be paid by Graco Inc. in addition, Graco Inc. will pay an earnout/contingent payment of €30 million cash. As part of consideration, €260 million is paid towards common equity of COROB S.p.A. For the period ending December 31, 2023, COROB S.p.A. reported total revenue of €110 million. The transaction is subject to satisfaction of customary closing conditions and is expected to close in the fourth fiscal quarter of 2024. Duyuru • Sep 17
Graco Inc. Develops First Air Spray Guns Certified for Ergonomic Performance Graco Inc. introduced Stellair ACE and Stellair, the only industrial air spray guns to achieve Ergonomics Performance Certification. Advanced testing by United States Ergonomics proves that the manual pressure feed sprayers reduce fatigue potential, increasing productivity for industrial painters. Made for Industrial Painters: Stellair ACE and Stellair: While ergonomics was considered in previous spray gun designs, Graco recognized the importance of continual improvements by involving United States Ergonomics. The collaboration resulted in the industry’s first paint spray guns certified for ergonomic performance. Stellair ACE weighs 209 grams (7.4 ounces) – up to 50% lighter than almost any other manual pressure feed spray gun – due to its durably unique carbon reinforced polymer construction. Stellair ACE uses up to 25% less muscle effort than comparable industrial air spray guns. Stellair, with aluminum metal construction, weighs 410 grams (14.46 oz), still making it among the lightest industrial spray guns available. Compared to similar air spray guns, Stellair lessens muscle exertion by up to 18%. Reducing weight was not the only ergonomic advancement factored into the new spray gun design. Graco engineers also focused on minimizing hand pressure points, improving overall gun balance, and enhancing hose flexibility. Research and testing by United States Ergonomics allowed them to objectively measure the improvements. United States Ergonomics researched and evaluated manual air spray gun ergonomics at three critical stages: design analysis and optimization; design review and testing; and ergonomic assessment. Each stage involved professional painters who work in industrial settings. Duyuru • Sep 14
Graco Inc. Announces Regular Quarterly Dividend, Payable on November 6, 2024 Graco Inc. has declared a regular quarterly dividend of 25.5 cents ($0.255) per common share, payable on November 6, 2024, to shareholders of record at the close of business on October 21, 2024. The Company has approximately 168.8 million shares outstanding. Buy Or Sell Opportunity • Aug 02
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at €75.20. The fair value is estimated to be €96.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has grown by 6.4%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are also forecast to grow by 8.4% per annum over the same time period. Reported Earnings • Jul 25
Second quarter 2024 earnings released: EPS: US$0.79 (vs US$0.80 in 2Q 2023) Second quarter 2024 results: EPS: US$0.79 (down from US$0.80 in 2Q 2023). Revenue: US$553.2m (down 1.1% from 2Q 2023). Net income: US$133.0m (down 1.0% from 2Q 2023). Profit margin: 24% (in line with 2Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year and the company’s share price has also increased by 6% per year. Duyuru • Jul 25
Graco Inc. Lowers Sales Guidance for the Full-Year 2024 Graco Inc. provided sales guidance for the full-year 2024. For the period, the company lowering worldwide outlook to low single-digit sales decline on an organic. Duyuru • Jul 24
Graco Inc. Launches E-Mix XT an All-Electric, Two-Component Spray Technology Graco Inc. unveiled the E-Mix XT, the latest innovation in electric variable ratio two-component sprayers. Designed for superior efficiency and ease of use, the all-electric E-Mix XT represents a breakthrough in the industry, promising significant cost and time savings for professionals. The E-Mix XT eliminates the need for traditional air compressors, offering a quieter, more energy-efficient solution. Its cutting-edge design makes the sprayers easy to operate from an intuitive touchscreen interface. With simplified setup and operation, this advanced spray technology is accessible to all users without extensive training. Key Features of the E-Mix XT include: Electric variable ratio: Adjustable from 1:1 up to 6:1, with the ability to handle coatings with up to 100% solid content - SmartSync Control System: Integrates all spray parameters in one easy-to-use touchscreen, ensuring perfect synchronization of motors and pumps for a flawless application - RatioGuard Protection: Real-time monitoring and an integrated alarm system prevents errors and reduces the need for rework - FastClean Technology: Features a solvent flush pump for quick cleaning, maintaining equipment integrity and prolonging the lifespan of the sprayer - Powerful and quiet motor: Low RPM, high torque Xtreme Torque motors ensure silent operation and exceptional performance - Durability and Precision: Dual Endurance pumps equipped with ProConnect offer unmatched life and accuracy The E-Mix XT is available in two series: Standard, for typical applications where a remote manifold is not required, and ‘Pro,’ which includes enhanced features such as a light tower, hose rack and a remote manifold for longer hose runs. Upcoming Dividend • Jul 15
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 22 July 2024. Payment date: 07 August 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.4%). Duyuru • Jul 10
Graco Inc. Announces Launch of Xtreme Torque Airless Sprayer Line with Ultra-Quiet Motor and Exceptional Durability Graco Inc. announced the all-new lineup of Ultra XT and Mark XT Airless Sprayers, which are set to deliver one of the world's widest and steadiest running pressure and unrivaled pump durability. The new series of airless sprayers are built with the advanced design of the Xtreme Torque (XT) Brushless Motor, which provides up to 15 times more torque than traditional motors. This allows for 90% slower running speeds that create the quietest airless sprayer ever built - up to 10 times quieter. The sprayers also offer XT's exclusive Rapid-Response Pressure Control with selectable performance modes. This technology enables the sprayers to deliver the industry's widest- and steadiest-running pressure on the market. In addition, each XT model features an Endurance™? Vortex®? Pump to create unrivaled pump durability and performance and up to three times longer life than competitive pumps, reducing downtime and operating expenses. This advancement in pump durability and performance makes it easier to get more work done in a day with increased flow and production rates, all on the industry's most silent spraying platform. Duyuru • Jul 09
Graco Inc. to Report Q2, 2024 Results on Jul 24, 2024 Graco Inc. announced that they will report Q2, 2024 results After-Market on Jul 24, 2024 Duyuru • Jul 03
Graco Inc.(NYSE:GGG) dropped from Russell 1000 Growth-Defensive Index Graco Inc.(NYSE:GGG) dropped from Russell 1000 Growth-Defensive Index Declared Dividend • Jun 24
First quarter dividend of US$0.26 announced Shareholders will receive a dividend of US$0.26. Ex-date: 22nd July 2024 Payment date: 7th August 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Jun 15
Graco Inc. Announces Regular Quarterly Dividend, payable on August 7, 2024 The Board of Directors of Graco Inc. has declared a regular quarterly dividend of 25.5 cents ($0.255) per common share, payable on August 7, 2024, to shareholders of record at the close of business on July 22, 2024. The Company has approximately 169.0 million shares outstanding. Duyuru • May 31
Graco Inc. Launches Pulse Asset; Designed to Simplify Fluid Management in Manufacturing Graco Inc. announced the launch of Pulse Asset. An extension of Graco’s proven Pulse Pro Fluid Management system, Pulse Asset is a platform-based system that features programmable ID tags to track what machines are getting filled, how much fluid is used, who did the dispense and when the dispense occurred. This system is designed for applications like manufacturing facilities where wireless signals may not always be available. Pulse Asset dispenses are stored in the meter until synced with the Pulse HUB, allowing users to complete up to 40 dispenses without Wi-Fi connection. Once uploaded, the data is accessible on any device connected to the local area network – eliminating the need for manual records. Easy access to data helps operators identify fluid issues and simplifies department reporting. Additional challenges that manufacturing facilities may face are ensuring the correct fluid is used in each asset and allocating fluid use to individual departments. Pulse Asset reduces the likelihood of human error by disallowing the dispensing of fluids that do not match the programmed tags. Duyuru • Apr 28
Graco Inc. Announces Board Retirements On April 26, 2024, Lee R. Mitau and R. William Van Sant retired from the Board of Directors of Graco Inc. Mr. Mitau reached age 75 in October 2023, and therefore retired from the Board effective as of the Company’s Annual Meeting of Shareholders held on April 26, 2024 (the “Annual Meeting”), in accordance with the retirement standards set forth in the Company’s Corporate Governance Guidelines. Mr. Van Sant, whose current term as a director on the Board expired as of the Annual Meeting, did not stand for re-election at the Annual Meeting. Duyuru • Apr 26
Graco Inc. Reaffirms Revenue Guidance for the Full-Year 2024 Graco Inc. reaffirmed revenue Guidance for the full-year 2024. For the period, the company reaffirmed revenue guidance of low single-digit growth on an organic, constant currency basis. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: US$0.73 (vs US$0.77 in 1Q 2023) First quarter 2024 results: EPS: US$0.73 (down from US$0.77 in 1Q 2023). Revenue: US$492.2m (down 7.1% from 1Q 2023). Net income: US$122.2m (down 5.4% from 1Q 2023). Profit margin: 25% (in line with 1Q 2023). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year. Duyuru • Apr 09
Graco Inc. to Report Q1, 2024 Results on Apr 24, 2024 Graco Inc. announced that they will report Q1, 2024 results After-Market on Apr 24, 2024 Upcoming Dividend • Apr 05
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 12 April 2024. Payment date: 01 May 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.1%). Declared Dividend • Feb 26
Fourth quarter dividend of US$0.26 announced Shareholders will receive a dividend of US$0.26. Ex-date: 12th April 2024 Payment date: 1st May 2024 Dividend yield will be 1.1%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: US$3.01 (vs US$2.73 in FY 2022) Full year 2023 results: EPS: US$3.01 (up from US$2.73 in FY 2022). Revenue: US$2.20b (up 2.4% from FY 2022). Net income: US$506.5m (up 10.0% from FY 2022). Profit margin: 23% (up from 22% in FY 2022). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year. Duyuru • Feb 01
Graco Inc. Provides Earnings Guidance for the Year 2024 Graco Inc. provided earnings guidance for the year 2024. For the year, the company initiating full-year 2024 revenue guidance of low single-digits on an organic, constant currency basis as the company will continue to focus on core strategies of new product development, expanding distribution, entering new markets and targeting strategic acquisitions to drive shareholder value. Reported Earnings • Jan 30
Full year 2023 earnings released: EPS: US$3.01 (vs US$2.73 in FY 2022) Full year 2023 results: EPS: US$3.01 (up from US$2.73 in FY 2022). Revenue: US$2.20b (up 2.4% from FY 2022). Net income: US$506.5m (up 10.0% from FY 2022). Profit margin: 23% (up from 22% in FY 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year. Upcoming Dividend • Jan 12
Upcoming dividend of US$0.26 per share at 1.2% yield Eligible shareholders must have bought the stock before 19 January 2024. Payment date: 07 February 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (2.7%). Duyuru • Jan 10
Graco Inc. to Report Q4, 2023 Results on Jan 29, 2024 Graco Inc. announced that they will report Q4, 2023 results After-Market on Jan 29, 2024 Duyuru • Dec 05
Graco Inc. Announces Executive Changes Graco Inc. announced that Dale D. Johnson has informed the company of his intention to retire in the first quarter of 2025, and that in anticipation of Mr. Johnson’s retirement David J. Thompson will succeed him as President, Worldwide Contractor Equipment Division, effective January 1, 2024. Beginning on that date, Mr. Johnson will assume the role of Chief Commercial Development Officer, in which capacity he will support the Contractor Equipment Division leadership transition to Mr. Thompson, as well as facilitate various commercial and cross-divisional initiatives. Mr. Thompson is currently Vice President of Engineering, Contractor Equipment Division, a role he has held since 2021. He joined Graco as an engineer in 1988 and has held a series of positions of increasing responsibility within the Contractor Equipment Division throughout his career, including Engineering Manager, Senior Engineering Manager and Director of Engineering. Mr. Thompson holds Associates degrees in mechanical engineering and engineering drafting and design from Anoka-Ramsey Community College and Anoka Technical College, respectively, as well as a Bachelors of Business Administration from Capella University. Duyuru • Dec 02
Graco Inc. Declares Regular Quarterly Dividend, Payable on February 7, 2024 The Board of Directors of Graco Inc. has declared a regular quarterly dividend of 25.5 cents ($0.255) per common share, an increase of 8.5% payable on February 7, 2024, to shareholders of record at the close of business on January 22, 2024. The Company has approximately 167.8 million shares outstanding. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: US$0.79 (vs US$0.69 in 3Q 2022) Third quarter 2023 results: EPS: US$0.79 (up from US$0.69 in 3Q 2022). Revenue: US$539.7m (down 1.1% from 3Q 2022). Net income: US$133.1m (up 14% from 3Q 2022). Profit margin: 25% (up from 21% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 07
Graco Inc. to Report Q3, 2023 Results on Oct 25, 2023 Graco Inc. announced that they will report Q3, 2023 results After-Market on Oct 25, 2023 Upcoming Dividend • Oct 06
Upcoming dividend of US$0.23 per share at 1.3% yield Eligible shareholders must have bought the stock before 13 October 2023. Payment date: 01 November 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (2.9%). Duyuru • Sep 16
Graco Announces Regular Quarterly Dividend, Payable on November 1, 2023 The Board of Directors of Graco Inc. has declared a regular quarterly dividend of 23.5 cents ($0.235) per common share, payable on November 1, 2023 to shareholders of record at the close of business on October 16, 2023. The Company has approximately 169.0 million shares outstanding. Duyuru • Aug 23
Graco Inc. Introduces the InvisiPac HM10 Graco Inc. introduced the InvisiPac HM10. With a 10 pound (4.5 kilogram) per hour hot melt rate, the hot melt adhesive dispense system brings improved profitability, reliability and safety to case and carton packaging. Like the InvisiPac HM25c and HM50, the newest member of the InvisiPac family: takes only 10 minutes to start up, speeding up productivity while conserving energy and reducing waste; improves workplace safety because there are no hot tanks or heated components; eliminates charring and thermal shock by operating on a first-in first-out (FIFO) principle that keeps hot melt adhesive at the required temperature and viscosity as it moves to the point of dispense. The InvisiPac HM10 also: gives packaging line operators and maintenance technicians easy visibility and control of adhesive usage through an intuitive touchscreen; saves space at the end of any packaging line because its on-board hopper stores 20 lbs. of hot melt pellets within the unit; makes it easy to fill and keep track of the pellet level through a clear lid. Buying Opportunity • Aug 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.0%. The fair value is estimated to be €85.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings is also forecast to grow by 7.0% per annum over the same time period. Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: US$0.80 (vs US$0.69 in 2Q 2022) Second quarter 2023 results: EPS: US$0.80 (up from US$0.69 in 2Q 2022). Revenue: US$559.6m (up 2.0% from 2Q 2022). Net income: US$134.3m (up 14% from 2Q 2022). Profit margin: 24% (up from 21% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 20% per year. Duyuru • Jul 08
Graco Inc. to Report Q2, 2023 Results on Jul 26, 2023 Graco Inc. announced that they will report Q2, 2023 results After-Market on Jul 26, 2023 Upcoming Dividend • Jul 07
Upcoming dividend of US$0.23 per share at 1.1% yield Eligible shareholders must have bought the stock before 14 July 2023. Payment date: 02 August 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.7%). Duyuru • Jun 17
Graco Inc Announces Regular Quarterly Dividend, Payable on August 2, 2023 The Board of Directors of Graco Inc. has declared a regular quarterly dividend of 23.5 cents ($0.235) per common share, payable on August 2, 2023 to shareholders of record at the close of business on July 17, 2023. Duyuru • Jun 16
Graco Develops Electric Variable Ratio Metering for 2K Material Graco Inc. introduced the Electric Variable Ratio Metering System. Now available for customization, the EVR™ allows manufacturers to change ratios as they mix, meter and dispense two component (2K) material – all with the same equipment. While developing EVR technology, Graco also worked with material suppliers about the need to try different ratios and viscosities for research and development purposes, for example, when design engineers write product specifications. The high flow EVR can move up to 6,400 cubic centimeters (ccs) per minute, while flexing dispense ratios anywhere between 1:1 to 5:1 or 2:1 to 10:1. When it’s time to try different material, the EVR’s base purge feature conserves the amount of solvent used to clean out the system by independently driving either material side. It also keeps old material from curing, so that there’s no need to replace a static or dynamic mixer because of fast curing materials or intermittent production runs. Duyuru • May 13
Graco Inc. Appoints Ms. Heather L. Anfang to Serve as Director of the Effective May 12, 2023 On May 12, 2023, the Board of Directors of Graco Inc. appointed Ms. Heather L. Anfang to serve as a director of the Company, effective May 12, 2023. Ms. Anfang was appointed to the class of directors whose terms expire at the 2024 annual meeting of shareholders of the Company. Ms. Anfang has been appointed to serve on the Board’s Audit Committee and Management Organization and Compensation Committee, effective May 12, 2023. In connection with her appointment, Ms. Anfang will be receiving the standard director compensation as referenced in company's Proxy Statement for the 2023 Annual Meeting. Recent Insider Transactions • May 05
Insider recently sold €364k worth of stock On the 2nd of May, Dale Johnson sold around 5k shares on-market at roughly €72.72 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Valuation Update With 7 Day Price Move • May 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €71.92, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 13x in the Machinery industry in Germany. Total returns to shareholders of 78% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €73.29 per share. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: US$0.77 (vs US$0.59 in 1Q 2022) First quarter 2023 results: EPS: US$0.77 (up from US$0.59 in 1Q 2022). Revenue: US$529.6m (up 7.2% from 1Q 2022). Net income: US$129.2m (up 28% from 1Q 2022). Profit margin: 24% (up from 20% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Apr 08
Upcoming dividend of US$0.23 per share at 1.4% yield Eligible shareholders must have bought the stock before 14 April 2023. Payment date: 03 May 2023. Payout ratio is a comfortable 32% and the cash payout ratio is 81%. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.9%). Duyuru • Feb 18
Graco Inc. Announces Regular Quarterly Dividend, Payable on May 3, 2023 The Board of Directors of Graco Inc. has declared a regular quarterly dividend of 23.5 cents ($0.235) per common share, payable on May 3, 2023 to shareholders of record at the close of business on April 17, 2023. Reported Earnings • Feb 01
Full year 2022 earnings released: EPS: US$2.73 (vs US$2.59 in FY 2021) Full year 2022 results: EPS: US$2.73 (up from US$2.59 in FY 2021). Revenue: US$2.14b (up 7.8% from FY 2021). Net income: US$460.6m (up 4.7% from FY 2021). Profit margin: 22% (in line with FY 2021). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 31
Graco Inc. Provides Revenue Guidance for the Year 2023 Graco Inc. provided revenue guidance for the year 2023. For the period, the company is initiating a revenue outlook for the year of low single-digit growth on an organic, constant currency. Duyuru • Jan 12
Graco Inc. to Report Q4, 2022 Results on Jan 30, 2023 Graco Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Jan 30, 2023 Upcoming Dividend • Jan 10
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 17 January 2023. Payment date: 01 February 2023. Payout ratio is a comfortable 31% and the cash payout ratio is 80%. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.6%). Duyuru • Dec 17
Graco Inc. Launches Quantm Pump Graco Inc. announces the release of the Company’s next generation electric-operated double diaphragm pump, QUANTM™. The QUANTM pump features a revolutionary new electric motor design that is up to 8X more efficient than a standard pneumatic pump. The innovative QUANTM pump is suitable for nearly any fluid transfer application and offers a wide range of materials of construction to support multiple industrial and hygienic applications, including chemical processing, water treatment, paint manufacturing, food and beverage, pharmaceutical and more. The breakthrough electric QUANTM pump is designed to be a highly reliable drop-in replacement for current pneumatic pumps or greenfield construction. This pump is built for harsh industrial or hygienic environments, yet its innovative and efficient design is lightweight and easy to maintain. With built-in controls and no gearbox, the pump also fits seamlessly into most fluid transfer applications. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: US$0.69 (vs US$0.61 in 3Q 2021) Third quarter 2022 results: EPS: US$0.69 (up from US$0.61 in 3Q 2021). Revenue: US$545.6m (up 12% from 3Q 2021). Net income: US$116.2m (up 12% from 3Q 2021). Profit margin: 21% (in line with 3Q 2021). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 17% per year. Duyuru • Oct 27
Graco Inc. Provides Revenue Guidance for the Year 2022 Graco Inc. are raising full-year 2022 outlook to low double-digit organic revenue growth on a constant currency basis. Upcoming Dividend • Oct 07
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 14 October 2022. Payment date: 02 November 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (5.3%). Lower than average of industry peers (3.1%). Duyuru • Oct 06
Graco Inc. to Report Q3, 2022 Results on Oct 26, 2022 Graco Inc. announced that they will report Q3, 2022 results After-Market on Oct 26, 2022 Duyuru • Sep 24
Graco Inc. Announces Regular Quarterly Dividend, Payable on November 2, 2022 The Board of Directors of Graco Inc. declared a regular quarterly dividend of 21 cents ($0.21) per common share, payable on November 2, 2022 to shareholders of record at the close of business on Oct. 17, 2022. The Company has approximately 169.3 million shares outstanding. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: US$0.69 (vs US$0.65 in 2Q 2021) Second quarter 2022 results: EPS: US$0.69 (up from US$0.65 in 2Q 2021). Revenue: US$548.5m (up 8.2% from 2Q 2021). Net income: US$117.4m (up 6.6% from 2Q 2021). Profit margin: 21% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 4.3%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year. 
