Company profile

Ticker
GGG
Exchange
Website
CEO
Patrick J. McHale
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
410285640

GGG stock data

(
)
FINRA relative short interest over last month (20 trading days) ?

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

18 Feb 20
4 Apr 20
27 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 412.29M 400.56M 428.33M 404.87M
Net income 84.84M 84.13M 88.14M 86.75M
Diluted EPS 0.49 0.49 0.51 0.51
Net profit margin 20.58% 21.00% 20.58% 21.43%
Operating income 104.17M 103.4M 112.36M 104.53M
Net change in cash 43.67M -3.58M 61.17M -12.41M
Cash on hand 220.97M 177.31M 180.88M 119.71M
Cost of revenue 202.91M 193.18M 201.37M 188.83M
Annual (USD) Dec 19 Dec 15 Dec 14
Revenue 1.65B 1.29B 1.22B
Net income 343.85M 345.71M 225.57M
Diluted EPS 2 1.95 3.65
Net profit margin 20.89% 26.87% 18.47%
Operating income 424.46M 302.13M 308.93M
Net change in cash 168.68M 28.64M
Cash on hand 220.97M 52.3M 23.66M
Cost of revenue 786.29M 601.79M 554.39M

Financial data from Graco earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
1 Apr 20 Carroll William J Phantom Stock Units Common Stock Grant Aquire A 48.73 135.95 6.62K 53,537.27
1 Apr 20 Eugster Jack W Phantom Stock Units Common Stock Grant Aquire A 48.73 330.9 16.12K 55,158.978
1 Apr 20 Feragen Jody H Phantom Stock Units Common Stock Grant Aquire A 48.73 441.21 21.5K 3,985.569
1 Apr 20 Etchart Eric Phantom Stock Units Common Stock Grant Aquire A 48.73 441.21 21.5K 9,148.517
1 Apr 20 J Kevin Gilligan Phantom Stock Units Common Stock Grant Aquire A 48.73 479.68 23.37K 82,929.134
86.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 423 418 +1.2%
Opened positions 58 30 +93.3%
Closed positions 53 50 +6.0%
Increased positions 139 142 -2.1%
Reduced positions 137 157 -12.7%
13F shares
Current Prev Q Change
Total value 69.82B 20.53B +240.1%
Total shares 143.73M 140.04M +2.6%
Total puts 10.1K 10.6K -4.7%
Total calls 59.5K 90.5K -34.3%
Total put/call ratio 0.2 0.1 +44.9%
Largest owners
Shares Value Change
Vanguard 16.66M $866.49M +1.1%
BLK BlackRock 15.13M $786.5M -0.1%
FSZ Fiera Capital 11.45M $595.23M +2.8%
Kayne Anderson Rudnick Investment Management 7.29M $379.3M +0.9%
N Price T Rowe Associates 7.26M $377.72M -11.8%
Mairs & Power 5.09M $264.62M -0.5%
STT State Street 4.03M $209.42M -0.7%
Alecta Pensionsforsakring, Omsesidigt 3.6M $188.03M 0.0%
Atlanta Capital Management Co L L C 3.37M $175.12M -0.1%
WCM Investment Management 3.09M $160.7M +51.5%
Largest transactions
Shares Bought/sold Change
Norges Bank 1.86M +1.86M NEW
WCM Investment Management 3.09M +1.05M +51.5%
N Price T Rowe Associates 7.26M -968.86K -11.8%
American Century Companies 1.85M +749.8K +68.2%
TimesSquare Capital Management 516.98K +516.98K NEW
M&G Investment Management 403.23K +403.23K NEW
PUK Prudential 14.73K -401.81K -96.5%
Lord, Abbett & Co. 0 -325.57K EXIT
FSZ Fiera Capital 11.45M +306.76K +2.8%
NEU Neuberger Berman 2.22M +271.58K +13.9%

Financial report summary

?
Competition
Kid BrandsSummer Infant
Risks
  • Growth Strategies and Acquisitions - Our growth strategies may not provide the return on investment desired if we are not successful in implementation of these strategies.
  • Currency - Changes in currency translation rates could adversely impact our revenue, earnings and the valuation of assets denominated in foreign currencies.
  • Economic Environment - Demand for our products depends on the level of commercial and industrial activity worldwide.
  • Competition - Our success depends upon our ability to develop, market and sell new products that meet our customers’ needs, and anticipate industry changes.
  • Global Sourcing - Risks associated with foreign sourcing, supply interruption, delays in raw material or component delivery, supply shortages and counterfeit components may adversely affect our production or profitability.
  • Information Systems - Interruption of or intrusion into information systems may impact our business.
  • Intellectual Property - Demand for our products may be affected by new entrants who copy our products or infringe on our intellectual property. Competitors may allege that our products infringe the intellectual property of others.
  • Foreign Operations - Conducting business internationally exposes our Company to risks that could harm our business.
  • Catastrophic Events - Our operations are at risk of damage, destruction or disruption by natural disasters and other unexpected events.
  • Changes in Laws and Regulations - Changes may impact how we can do business and the cost of doing business around the world.
  • Anti-Corruption and Trade Laws - We may incur costs and suffer damages if our employees, agents, distributors or suppliers violate anti-bribery, anti-corruption or trade laws and regulations.
  • Tax Rates and New Tax Legislation - Changes in tax rates or the adoption of new tax legislation may affect our results of operations, cash flows and financial condition.
  • Impairment - If acquired businesses do not meet performance expectations, assets acquired could be subject to impairment.
  • Political Instability - Uncertainty surrounding political leadership may limit our growth opportunities.
  • Legal Proceedings - Costs associated with claims, litigation, administrative proceedings and regulatory reviews, and potentially adverse outcomes, may affect our profitability.
  • Personnel - Our success may be affected if we are not able to attract, develop and retain qualified personnel.
  • Major Customers - Our Contractor segment depends on a few large customers for a significant portion of its sales. Significant declines in the level of purchases by these customers could reduce our sales and impact segment profitability.
  • Variable Industries - Our success may be affected by variations in the construction, automotive, mining and oil and natural gas industries.
Management Discussion
  • Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
  • Graco designs, manufactures and markets systems and equipment used to move, measure, control, dispense and spray fluid and powder materials. The Company specializes in equipment for applications that involve difficult-to-handle materials with high viscosities, materials with abrasive or corrosive properties and multiple-component materials that require precise ratio control. Graco sells primarily through independent third-party distributors worldwide to industrial and contractor end users. Graco’s business is classified by management into three reportable segments: Industrial, Process and Contractor. Each segment is responsible for product development, manufacturing, marketing and sales of their products.
  • Graco’s key strategies include developing and marketing new products, leveraging products and technologies into additional, growing end-user markets, expanding distribution globally and completing strategic acquisitions that provide additional channel and technologies. Long-term financial growth targets accompany these strategies, including our expectation of 10 percent revenue growth and 12 percent consolidated net earnings growth. We continue to develop new products in each operating division that are expected to drive incremental sales growth, as well as continued refreshes and upgrades of existing product lines. Graco has made a number of strategic acquisitions that expand and complement organically developed products and provide new market and channel opportunities.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: accuracy, alter, ASU, commencement, communicated, communicating, communication, configurability, cycle, decrement, delete, Delinquent, easier, effort, equivalent, expedient, floating, inception, land, Lastly, lessen, master, mathematical, matter, methodology, modest, NaN, postpone, pursuant, relief, remove, Renewal, repeated, semiconductor, settled, softened, softening, unsettled
Removed: blasting, continuing, created, depth, earned, engineered, fell, foundation, gel, greater, initiated, leasehold, length, mid, ONG, past, portable, recognize, recognizing, regional, wellhead