Kevin Gilligan Acquires Shares of Graco Inc. (GGG)
Kevin Gilligan purchased 621 shares of Graco Inc. at $75.61 each.
Key Points
- On July 1, 2026, Kevin Gilligan bought 621 shares of Graco Inc. (GGG) for $75.61 each, totaling $46,953.81.
- Graco Inc. trades on the NYSE with a market cap of $12.55 billion, a P/E ratio of 24.71, and a 52-week range of $73.15 to $95.69.
- BlackRock reduced its holdings in Graco Inc. by 24,202 shares, while Vanguard Portfolio Management opened a new position with 7,962,957 shares.
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Kevin Gilligan, an insider at Graco Inc. (NYSE: GGG), purchased 621 shares of the company on July 1, 2026, at an average price of $75.61 per share. This transaction, valued at $46,953.81, was not part of a pre-planned trading program.
Insider Buying and Selling at Graco Inc.
Several insiders at Graco Inc. made purchases on July 1, 2026. Kevin Gilligan acquired 621 shares, while Archie Black bought 353 shares and Jody Feragen picked up 414 shares, all at the same price of $75.61. Other insiders, including Kevin Wheeler, Eric Etchart, and Heather Anfang, also purchased smaller amounts.
Other Institutional Activity in Graco Inc.
Among institutional investors, BlackRock, Inc. trimmed its stake in Graco Inc. by 24,202 shares, holding a total of 18,393,459 shares valued at approximately $1.56 billion. State Street Corp increased its holdings by 181,475 shares, reaching 7,995,352 shares worth $676.81 million. Vanguard Portfolio Management LLC opened a new position with 7,962,957 shares, valued at $674.06 million. Geode Capital Management, LLC added 209,196 shares, totaling 4,861,437 shares valued at $410.78 million. Meanwhile, Kayne Anderson Rudnick Investment Management LLC reduced its position by 113,232 shares, holding 4,143,514 shares worth $350.75 million.
Graco Inc. Stock Down 4.6%
Shares of Graco Inc. traded near $75.61 on Wednesday. The company, which operates in the specialty industrial machinery sector, has a market cap of about $12.55 billion. Graco's P/E ratio stands at 24.71, with a forward P/E of 22.36 and a beta of 0.925. Over the past year, the stock has ranged between $73.15 and $95.69. Its 50-day moving average is $77.33, and the 200-day moving average is $83.36. Graco maintains a strong financial position with a current ratio of 3.56 and a quick ratio of 2.50.
$GGG stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On April 27, 2026, DA Davidson maintained a 'hold' rating on Graco Inc. with a price target of $85. Baird also maintained its 'hold' rating with a target of $92 on April 24, 2026. Jefferies and RBC Capital both upheld their 'buy' ratings earlier in the year, with targets of $105 and $100, respectively. The consensus target price for Graco Inc. is $92, based on eight analyst opinions.
About Graco Inc.
Graco Inc., headquartered in Minneapolis, Minnesota, designs and manufactures equipment for moving, measuring, mixing, controlling, dispensing, and spraying fluid and powder materials. The company operates through three segments: Contractor, Industrial, and Expansion Markets. Graco serves a wide range of industries globally, including construction, automotive, and oil and gas. Led by CEO Mark W. Sheahan, the company employs approximately 4,400 people.
Bottom Line
Kevin Gilligan's recent purchase of Graco Inc. shares adds to the insider activity at the company. Investors often watch insider transactions for potential insights into management's confidence in the business. This insider activity, along with institutional moves, provides a snapshot of the current sentiment around Graco Inc. As always, it's important to remember that insider transactions are disclosed after the fact and may not reflect the latest position.
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