Graco Inc. supplies technology and expertise for the management of fluids 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. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction and maintenance industries.
Company profile
Ticker
GGG
Exchange
Website
CEO
Patrick McHale
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Electric Torque Machines, Inc • Gema Eastern Europe s.r.l. • Gema Europe s.r.l. • Gema México Powder Finishing, S. de R.L. de C.V. • Gema (Shanghai) Co., Ltd. • Gema Switzerland GmbH • Gema USA Inc. • GFEC Free Zone Uruguay S.A. • GFEC Uruguay S.A. • Graco Australia Pty Ltd ...
IRS number
410285640
GGG stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
15 Mar 23
DEFA14A
Additional proxy soliciting materials
15 Mar 23
DEF 14A
Definitive proxy
15 Mar 23
10-K
2022 FY
Annual report
21 Feb 23
8-K
Graco Reports Record Quarter and Annual Sales and Operating Earnings
30 Jan 23
8-K
Entry into a Material Definitive Agreement
16 Dec 22
8-K
Graco Inc. Appoints Archie C. Black to the Board of Directors
2 Dec 22
10-Q
2022 Q3
Quarterly report
26 Oct 22
10-Q
2022 Q2
Quarterly report
27 Jul 22
SD
Conflict minerals disclosure
27 May 22
Transcripts
GGG
Earnings call transcript
2022 Q4
31 Jan 23
GGG
Earnings call transcript
2022 Q3
27 Oct 22
GGG
Earnings call transcript
2022 Q2
29 Jul 22
GGG
Earnings call transcript
2022 Q1
29 Apr 22
GGG
Earnings call transcript
2021 Q4
1 Feb 22
GGG
Earnings call transcript
2021 Q3
21 Oct 21
GGG
Earnings call transcript
2021 Q2
22 Jul 21
GGG
Earnings call transcript
2021 Q1
22 Apr 21
GGG
Earnings call transcript
2020 Q4
26 Jan 21
GGG
Earnings call transcript
2020 Q3
22 Oct 20
Latest ownership filings
SC 13G/A
VANGUARD GROUP INC
10 Mar 23
4
MARTHA A M MORFITT
9 Mar 23
SC 13G/A
BlackRock Inc.
8 Mar 23
4
Archie C. Black
21 Feb 23
3
Archie C. Black
21 Feb 23
4
MARK W SHEAHAN
21 Feb 23
4
Angela F Wordell
21 Feb 23
4
Timothy R White
21 Feb 23
4
Kathryn L Schoenrock
21 Feb 23
4
Christian E Rothe
21 Feb 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jul 22 | Apr 22 | |
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| Revenue | |||||
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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 | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| 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) | 339.20 mm | 339.20 mm | 339.20 mm | 339.20 mm | 339.20 mm | 339.20 mm |
| Cash burn (monthly) | 25.21 mm | 23.76 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 76.93 mm | 72.50 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 262.26 mm | 266.69 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 10.4 | 11.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
85.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 543 |
| Opened positions | 94 |
| Closed positions | 45 |
| Increased positions | 184 |
| Reduced positions | 176 |
| 13F shares | Current |
|---|---|
| Total value | 9.54 tn |
| Total shares | 144.16 mm |
| Total puts | 8.00 k |
| Total calls | 24.30 k |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 16.74 mm | $1.13 tn |
| BLK Blackrock | 15.33 mm | $1.03 tn |
| Fiera Capital | 9.31 mm | $626.00 bn |
| STT State Street | 6.74 mm | $453.46 bn |
| Kayne Anderson Rudnick Investment Management | 6.54 mm | $440.09 bn |
| MS Morgan Stanley | 4.45 mm | $299.52 bn |
| Alecta Pensionsforsakring, Omsesidigt | 4.40 mm | $295.81 bn |
| Mairs & Power | 4.29 mm | $288.25 bn |
| Brown Brothers Harriman & Co | 3.16 mm | $212.26 bn |
| Geode Capital Management | 2.85 mm | $193.30 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 27 Feb 23 | Martha A M Morfitt | Common Stock | Gift | Acquire G | Yes | No | 0 | 3,300 | 0.00 | 3,300 |
| 27 Feb 23 | Martha A M Morfitt | Common Stock | Gift | Dispose G | No | No | 0 | 3,300 | 0.00 | 188,769 |
| 20 Feb 23 | Black Archie C. | NQSO Common Stock | Grant | Acquire A | No | No | 72.47 | 6,160 | 446.42 k | 6,160 |
| 17 Feb 23 | Brett C Carter | NQSO Common Stock | Grant | Acquire A | No | No | 71.47 | 6,250 | 446.69 k | 6,250 |
| 17 Feb 23 | Etchart Eric | NQSO Common Stock | Grant | Acquire A | No | No | 71.47 | 6,250 | 446.69 k | 6,250 |
News
Benzinga's Top Ratings Upgrades, Downgrades For February 2, 2023
2 Feb 23
Seaport Global Upgrades Graco to Buy, Announces $82 Price Target
2 Feb 23
Baird Maintains Neutral on Graco, Raises Price Target to $75
1 Feb 23
Graco Q4 EPS $0.73 Beats $0.69 Estimate, Sales $555.00M Miss $556.27M Estimate
30 Jan 23
Earnings Scheduled For January 30, 2023
30 Jan 23
Press releases
Gabelli Funds to Host 33rd Annual Pump, Valve, & Water Systems Symposium February 23rd, 2023
21 Feb 23
Graco Announces Regular Quarterly Dividend
17 Feb 23
Graco Reports Record Quarter and Annual Sales and Operating Earnings
30 Jan 23
Graco Inc. Announces Fourth Quarter 2022 Earnings Conference Call
11 Jan 23