BNP Paribas Cuts Graco (GGG) Price Target to $85

On October 23, 2026, BNP Paribas maintained its Outperform rating on Graco Inc. (NYSE:GGG) while adjusting its price target down to $85.00 from $95.00. The research note outlines the firm's ongoing positive view on the industrial equipment maker despite the reduced target.

GGG Graco Inc.

$69.28 ▼ -14.96% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What BNP Paribas's Call Means for Graco

BNP Paribas chose to keep its Outperform rating on the machinery specialist on October 23, 2026. Alongside that rating, the firm lowered its price target from $95.00 to $85.00. The updated target reflects the firm's forward-looking view on how the company may perform over time.

Other Institutional Activity in Graco Inc.

PensionDanmark Pensionsforsikringsaktieselskab grew its holdings by 49,962 shares, ending with 64,000 shares worth about $4.92 million. Accurate Wealth Management opened a new position with 14,615 shares valued at about $1.17 million. Kayne Anderson Rudnick Investment Management LLC reduced its stake by 311,579 shares, ending with 3,831,756 shares worth about $256.69 million. Mairs & Power Inc trimmed its holdings by 18,316 shares to finish with 3,797,451 shares valued at around $254.39 million. Fiera Capital Corporation cut its position by 506,528 shares, holding 3,432,256 shares worth about $229.93 million.

Graco Inc. Stock Down 15.3%

Graco closed at $66.99 on October 23, 2026, and recently traded around $69.28 as of that same date, up about 3.4% since that close. The stock trades below its 50-day moving average of $78.59 and under its 200-day moving average of $81.54.

Recent Earnings

Graco reported trailing twelve-month revenue of $2.27 billion and earnings of $3.10 per share. The company carries a net profit margin of 23.5% and a return on equity of 21.2%. Its next earnings report is scheduled for January 27, 2027.

Dividend

Graco pays an annual dividend rate of $1.18 per share, yielding 1.44%. The payout uses 35.8% of the company's earnings.

Insider Buying and Selling at Graco Inc.

Insiders completed several transactions in recent months, including a purchase of 1,240 shares by Director Andrea Helen Simon for $99,857 on April 27, 2026, and a sale of 3,218 shares by Director Eric P Etchart for $257,487 on August 3, 2026.

Analysts Set New Price Targets

RBC Capital maintained an Outperform rating on the stock with a price target of $96.00 on July 24, 2026, and later adjusted its target to $82.00 on October 23, 2026. DA Davidson maintained a Neutral rating with an $85.00 target on July 27, 2026. Across the broader analyst community, the stock holds a consensus buy recommendation with a mean price target of $85.14.

About Graco Inc.

Graco Inc. builds equipment and systems used to move, measure, control, and dispense fluid and powder materials across industrial and contractor markets. The company operates from Minneapolis, Minnesota, serving diverse manufacturing and construction needs globally.

Bottom Line

Investors will watch for Graco's next earnings report on January 27, 2027, for further details on operational progress. Market participants will also monitor how analyst targets adjust moving forward.