Royal Bank of Canada lowers target for Graco stock from USD 96.00 to USD 95.00

Published on 10/17/2026 at 22:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue hit USD 590.55 million on June 26, 2026. Graco stock was USD 81.99 on October 16, 2026, up 0.26 percent versus Nasdaq prior close.

Analyst target and earnings date

Royal Bank of Canada lowered its target from USD 96.00 to USD 95.00 on October 14, 2026.
Second-quarter revenue reached USD 590.55 million on June 26, 2026.
Graco stock last traded at USD 81.99 on October 16, 2026, up 0.26 percent versus the Nasdaq prior close of October 15, 2026.
Graco plans to release third-quarter results on October 21, 2026, followed by a conference call on October 22, 2026.

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On October 14, 2026, Royal Bank of Canada lowered its Graco target from USD 96.00 to USD 95.00 while maintaining an outperform rating, as reported by MarketBeat. The revised target stood 15.87 percent above the USD 81.99 last price. Graco stock last traded at USD 81.99 on October 16, 2026 at 4:00 p.m. ET on the New York Stock Exchange, up 0.26 percent versus the prior close of October 15, 2026.

Second-quarter revenue sets the baseline

Graco reported second-quarter revenue of USD 590.55 million for the period ended June 26, 2026, compared with USD 540.14 million in the first quarter. Operating profit reached USD 175.09 million, while net income attributable to common shareholders was USD 144.93 million. The figures give the target revision a financial reference point before the next report.

The second-quarter diluted earnings per share figure was USD 0.87, up from USD 0.70 in the first quarter. The operating margin was 30.00 percent in the second quarter, compared with 26.00 percent in the first quarter. These figures come from the standardized quarterly financial statements for Graco.

Price position on October 16

Graco finished the latest completed New York Stock Exchange session at USD 81.99, with a session change of plus 0.26 percent. The 52-week range was USD 72.51 to USD 95.69, placing the last price 14.32 percent below the high and 13.08 percent above the low. Trading volume reached 1,191,896 shares against an average volume of 1,864,403 shares.

Valuation and upcoming dates

Graco carried a market capitalization of USD 13.3 billion and a price-to-earnings ratio of 25.86 based on the latest quotation. Graco Inc. lists the third-quarter 2026 earnings release for October 21, 2026 after the New York Stock Exchange close, followed by a conference call on October 22, 2026.

Comparison with peers

Graco (NYSE, USD): plus 0.26 percent, P/E 25.86, market capitalization USD 13.3 billion.

IDEX (NYSE, USD): minus 0.37 percent, P/E 33.89, market capitalization USD 17.4 billion.

Nordson (Nasdaq, USD): minus 1.97 percent, P/E 32.59, market capitalization USD 18.0 billion.

The calendar sets the next test

The October 21 report will provide the next scheduled operating update, with the October 22 conference call offering additional management commentary.