Founded in 1933, The Gorman-Rupp Company is a leading designer, manufacturer and international marketer of pumps and pump systems for use in diverse water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating and air conditioning (HVAC), military and other liquid-handling applications.
Company profile
Ticker
GRC
Exchange
Website
CEO
Jeffrey S. Gorman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Patterson Pump Company • National Pump Company • The Gorman-Rupp International Company • GRC International LLC • Fill-Rite Company • Bayou City Pump Company • AMT Pump Company • Gorman-Rupp of Canada Limited • Patterson Pump Ireland Limited • Gorman-Rupp Europe B.V. ...
IRS number
340253990
GRC stock data
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
27 Mar 23
DEF 14A
Definitive proxy
27 Mar 23
10-K
2022 FY
Annual report
8 Mar 23
8-K
Fourth Quarter 2022 Highlights
3 Feb 23
8-K
Departure of Directors or Certain Officers
27 Jan 23
10-Q
2022 Q3
Quarterly report
31 Oct 22
8-K
Third Quarter 2022 Highlights
28 Oct 22
8-K/A
Financial Statements and Exhibits
15 Aug 22
10-Q
2022 Q2
Quarterly report
4 Aug 22
8-K
Second Quarter 2022 Highlights
29 Jul 22
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 6.78 mm | 6.78 mm | 6.78 mm | 6.78 mm | 6.78 mm | 6.78 mm |
| Cash burn (monthly) | 1.17 mm | 9.87 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 3.42 mm | 28.88 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 3.36 mm | -22.09 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 2.9 | -2.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
58.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 118 |
| Opened positions | 8 |
| Closed positions | 14 |
| Increased positions | 36 |
| Reduced positions | 49 |
| 13F shares | Current |
|---|---|
| Total value | 327.23 bn |
| Total shares | 15.41 mm |
| Total puts | 400.00 |
| Total calls | 6.00 k |
| Total put/call ratio | 0.1 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 2.25 mm | $57.72 bn |
| BLK Blackrock | 1.53 mm | $39.29 bn |
| Dimensional Fund Advisors | 1.35 mm | $34.65 mm |
| Amundi | 1.15 mm | $30.99 bn |
| Mechanics Financial | 1.03 mm | $26.30 mm |
| Gabelli Funds | 801.40 k | $20.53 bn |
| Gamco Investors | 514.49 k | $13.18 bn |
| Cooke & Bieler | 491.58 k | $12.59 bn |
| STT State Street | 481.10 k | $12.33 bn |
| Geode Capital Management | 467.75 k | $12.01 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 24 Feb 23 | Scott A King | Common Stock | Payment of exercise | Dispose F | No | No | 27.62 | 1,603 | 44.27 k | 39,236 |
| 24 Feb 23 | James Kerr | Common Stock | Payment of exercise | Dispose F | No | No | 27.62 | 205 | 5.66 k | 24,356 |
| 24 Feb 23 | D Patrick Wischmeier | Common Stock | Payment of exercise | Dispose F | No | No | 27.62 | 69 | 1.91 k | 6,259 |
| 24 Feb 23 | Brigette A Burnell | Common Stock | Payment of exercise | Dispose F | No | No | 27.62 | 490 | 13.53 k | 18,775 |
| 24 Feb 23 | Barbara A Woodman | Common Stock | Payment of exercise | Dispose F | No | No | 27.62 | 66 | 1.82 k | 4,787 |
Press releases
Gabelli Funds to Host 33rd Annual Pump, Valve, & Water Systems Symposium February 23rd, 2023
21 Feb 23
Sidoti & Company, LLC Announces Registration Now Open for March Small-Cap and May Micro-Cap Conferences
14 Feb 23
Gorman-Rupp Reports Fourth Quarter and Full-Year 2022 Financial Results
3 Feb 23
Gorman-Rupp Company Declares Cash Dividend, Announces Date of the Annual Meeting of Shareholders, and Announces Board of Director Change
27 Jan 23