Archie Black Purchases Shares in Graco Inc.
Archie Black bought 353 shares of Graco Inc. for $26,690 on July 1, 2026.
Key Points
- Archie Black bought 353 shares of Graco Inc. at $75.61 each, totaling $26,690.33 on July 1, 2026.
- Graco Inc., trading at $75.61 on Wednesday, has a market cap of $12.5 billion and a P/E ratio of 24.7.
- Analysts like DA Davidson and Baird maintained 'hold' ratings with targets of $85 and $92, respectively.
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Archie Black purchased 353 shares of Graco Inc. (NYSE: GGG) on July 1, 2026, at an average price of $75.61 per share. The transaction was valued at approximately $26,690.33.
Insider Buying and Selling at Graco Inc.
Archie Black wasn't the only insider buying Graco Inc. shares on July 1, 2026. Jody Feragen acquired 414 shares, Kevin Wheeler bought 331 shares, Kevin Gilligan purchased 621 shares, Eric Etchart added 174 shares, and Heather Anfang bought 353 shares. All transactions were at the same price of $75.61 per share, and none were made under a pre-planned trading arrangement.
Other Institutional Activity in Graco Inc.
Several institutional investors have also been active in Graco Inc. recently. BlackRock, Inc. slightly reduced its holdings by 24,202 shares, ending with 18,393,459 shares valued at about $1.56 billion. State Street Corp increased its stake by 181,475 shares, holding a total of 7,995,352 shares worth approximately $676.8 million. Vanguard Portfolio Management LLC opened a new position with 7,962,957 shares valued at around $674 million. Similarly, Vanguard Capital Management LLC initiated a stake with 7,383,240 shares, valued at $624.99 million. Geode Capital Management, LLC added 209,196 shares, bringing its total to 4,861,437 shares worth about $410.8 million.
Graco Inc. Stock Down 4.6%
Shares of Graco Inc. traded near $75.61 on Wednesday. The company, with a market capitalization of $12.5 billion, has a P/E ratio of 24.7 and a forward P/E of 22.4. Its beta is 0.925, indicating lower volatility compared to the broader market. The stock's 52-week range is between $73.15 and $95.69, with a 50-day moving average of $77.33 and a 200-day moving average of $83.36. Graco maintains a solid current ratio of 3.56 and a quick ratio of 2.50, with a debt-to-equity ratio of 1.93.
$GGG stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Graco Inc. reported revenue of approximately $2.25 billion, with a modest growth rate of 2.2%. The company's net margin stands at 22.96%, and it achieved a return on equity of 19.78%. Its earnings per share (EPS) is $3.06. Graco is scheduled to release its next earnings report on July 22, 2026.
Dividend
Graco Inc. offers an annual dividend rate of $1.18, yielding 1.56%. The company's dividend payout ratio is 36.6%, indicating a balanced approach to returning profits to shareholders while maintaining growth.
Analysts Set New Price Targets
On April 27, 2026, DA Davidson maintained its 'hold' rating on Graco Inc., setting a price target of $85. Baird, on April 24, 2026, also maintained a 'hold' rating with a target of $92. The consensus among analysts is a 'hold' recommendation, with a mean target price of $92 based on eight opinions.
About Graco Inc.
Graco Inc., based in Minneapolis, Minnesota, designs and manufactures equipment for handling fluids and powders. It serves various industries worldwide, including construction, industrial, and semiconductor markets. With about 4,400 employees, the company operates through its Contractor, Industrial, and Expansion Markets segments. Mark W. Sheahan, J.D., is the CEO.
Bottom Line
Insider buying at Graco Inc., including Archie Black's recent purchase, can be a signal of confidence in the company's future. Investors often watch such moves closely, although they are backward-looking and may not reflect current conditions. Graco's stable financials, analyst ratings, and dividend yield make it a stock worth following.
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