How Many Graco Inc. (NYSE:GGG)’s Analysts Are Bullish?

December 8, 2017 - By Adrian Erickson

 How Many Graco Inc. (NYSE:GGG)'s Analysts Are Bullish?
Investors sentiment increased to 1.15 in Q2 2017. Its up 0.09, from 1.06 in 2017Q1. It is positive, as 13 investors sold Graco Inc. shares while 117 reduced holdings. 65 funds opened positions while 84 raised stakes. 47.80 million shares or 2.93% less from 49.25 million shares in 2017Q1 were reported.
Zacks Inv reported 7,188 shares stake. Mutual Of America Cap Management Ltd Company stated it has 0.09% in Graco Inc. (NYSE:GGG). 2,909 were reported by Raymond James Na. Balyasny Asset Ltd Co has invested 0% in Graco Inc. (NYSE:GGG). Alecta Pensionsforsakring Omsesidigt, Sweden-based fund reported 1.20M shares. Pathstone Family Office Lc holds 0% or 8 shares in its portfolio. Btim has invested 0.02% in Graco Inc. (NYSE:GGG). New York-based Tiedemann Wealth Mgmt Limited Liability Company has invested 0.02% in Graco Inc. (NYSE:GGG). Paloma Partners Company holds 0.02% or 12,073 shares. 23,400 were accumulated by Arizona State Retirement. Employees Retirement Sys Of Ohio reported 0.06% in Graco Inc. (NYSE:GGG). Bbva Compass National Bank has invested 0.12% in Graco Inc. (NYSE:GGG). Ellington Mngmt Group Inc Limited Co has 0.06% invested in Graco Inc. (NYSE:GGG) for 3,800 shares. Dorsey & Whitney Tru Ltd Company reported 2.19% of its portfolio in Graco Inc. (NYSE:GGG). Next Finance Group holds 75 shares.

Graco Inc. (NYSE:GGG) Ratings Coverage

Among 13 analysts covering Graco Inc (NYSE:GGG), 1 have Buy rating, 0 Sell and 12 Hold. Therefore 8% are positive. Graco Inc had 26 analyst reports since September 15, 2015 according to SRatingsIntel. As per Thursday, September 17, the company rating was initiated by Alembic. On Wednesday, January 27 the stock rating was maintained by RBC Capital Markets with “Underperform”. The firm earned “Neutral” rating on Tuesday, September 15 by Alembic. On Monday, July 10 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm has “Neutral” rating given on Tuesday, March 22 by Seaport Global. As per Monday, June 5, the company rating was maintained by RBC Capital Markets. The firm has “Hold” rating by RBC Capital Markets given on Thursday, July 27. The company was maintained on Wednesday, July 26 by Oppenheimer. The firm has “Peer Perform” rating given on Monday, July 31 by Wolfe Research. The stock of Graco Inc. (NYSE:GGG) has “Hold” rating given on Wednesday, October 4 by Robert W. Baird. Below is a list of Graco Inc. (NYSE:GGG) latest ratings and price target changes.

26/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $135.0 Maintain
26/10/2017 Broker: FBR Capital Rating: Hold New Target: $140.0
11/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $124.0 Maintain
04/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $129.0 Maintain
15/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $112.0 Maintain
16/08/2017 Broker: Oppenheimer Rating: Hold Maintain
31/07/2017 Broker: Wolfe Research Old Rating: Underperform New Rating: Peer Perform Old Target: $100 Upgrade
27/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $112.0000 Maintain
26/07/2017 Broker: Oppenheimer Rating: Hold Maintain
10/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $104.0000 Maintain

The stock increased 0.12% or $0.15 during the last trading session, reaching $128.77. About 218,230 shares traded. Graco Inc. (NYSE:GGG) has risen 41.79% since December 8, 2016 and is uptrending. It has outperformed by 25.09% the S&P500.

Graco Inc., together with its subsidiaries, designs, makes, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company has market cap of $7.23 billion. It operates through three divisions: Industrial, Process, and Contractor. It has a 66.69 P/E ratio. The Industrial segment offers proportioning systems that are used to spray polyurethane foam and polyurea coatings; vapor-abrasive blasting equipment; equipment that pumps, meters, mixes, and dispenses sealant, adhesive, and composite materials; and gel coat equipment, chop and wet-out systems, resin transfer molding systems, and applicators.

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