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GGG Graco

Graco is an American manufacturer of fluid-handling systems and products based in Minneapolis, Minnesota. Russell Gray, a Minneapolis parking lot attendant, founded Gray Company, Inc. in 1926 with his brother Leil Gray to produce and sell Russell's air-powered grease gun, invented in response to cold weather making hand-powered grease guns inoperable. Sales their first year of operation were $35,000. By 1941, annual sales had reached $1 million. They capitalized on opportunities in defense-based lubricating needs during World War II.

Company profile

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

GGG stock data

(
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Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

21 Apr 21
22 Apr 21
27 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Graco earnings reports.

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
1 Apr 21 Brett C Carter Common Stock Grant Aquire A No No 71.62 123 8.81K 123
1 Apr 21 Brett C Carter Deferred Stock Shares Common Stock Grant Aquire A No No 71.62 123.14 8.82K 123.14
1 Apr 21 Etchart Eric Deferred Stock Shares Common Stock Grant Aquire A No No 71.62 317.65 22.75K 10,738.905
1 Apr 21 Eugster Jack W Deferred Stock Shares Common Stock Grant Aquire A No No 71.62 234.31 16.78K 56,943.77
1 Apr 21 Feragen Jody H Deferred Stock Shares Common Stock Grant Aquire A No No 71.62 382.23 27.38K 5,788.68
1 Apr 21 J Kevin Gilligan Deferred Stock Shares Common Stock Grant Aquire A No No 71.62 338.59 24.25K 85,549.364

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

85.1% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 491 454 +8.1%
Opened positions 71 69 +2.9%
Closed positions 34 40 -15.0%
Increased positions 158 128 +23.4%
Reduced positions 168 164 +2.4%
13F shares
Current Prev Q Change
Total value 10.4B 8.62B +20.6%
Total shares 143.68M 140.43M +2.3%
Total puts 23.1K 66.9K -65.5%
Total calls 40.2K 71.3K -43.6%
Total put/call ratio 0.6 0.9 -38.8%
Largest owners
Shares Value Change
Vanguard 16.34M $1.18B +3.6%
BLK Blackrock 14.33M $1.04B +1.1%
FSZ Fiera Capital 11.3M $817.58M -0.3%
TROW T. Rowe Price 7.41M $536.25M -1.3%
Kayne Anderson Rudnick Investment Management 7.38M $533.92M +1.7%
STT State Street 5.02M $362.96M -5.7%
WCM Investment Management 4.71M $340.67M +17.2%
Mairs & Power 4.34M $314.04M -2.3%
Alecta Pensionsforsakring, Omsesidigt 3.6M $259.96M 0.0%
Confluence Investment Management 2.41M $174.44M -4.6%
Largest transactions
Shares Bought/sold Change
Norges Bank 1.67M +1.67M NEW
Brown Brothers Harriman & Co 1.39M +1.39M +1479923.4%
WCM Investment Management 4.71M +689.88K +17.2%
Vanguard 16.34M +575.26K +3.6%
JPM JPMorgan Chase & Co. 1.69M +527.5K +45.4%
Lord, Abbett & Co. 329K +329K NEW
Citadel Advisors 514.12K +314.88K +158.0%
Allianz Asset Management GmbH 1.7M +313.59K +22.7%
STT State Street 5.02M -303.34K -5.7%
Quantum Capital Management, LLC / NJ 382.01K -297.67K -43.8%

Financial report summary

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Competition
Summer Infant
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
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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