Fundsmith Reduces $43M in Graco Inc. ($GGG)

Fundsmith has completely exited its stake in Graco Inc. (NYSE: GGG), selling all 579,016 shares. This move, revealed in the latest Form 13F filing with the SEC, reflects Fundsmith's decision to fully liquidate its position in the industrial machinery company.

What Changed in Fundsmith's Graco Inc. Position

Fundsmith's decision to sell its entire holding in Graco Inc. marks a 100% reduction from its previous stake of 579,016 shares. The filing indicates that Fundsmith no longer holds any shares in the company as of the end of the reporting period.

Other Institutional Activity in Graco Inc.

Other major institutional investors have also adjusted their positions in Graco Inc. BlackRock, Inc. slightly reduced its holdings by 24,202 shares, bringing its total to 18,393,459 shares valued at approximately $1.56 billion. State Street Corp increased its position by 181,475 shares, ending with 7,995,352 shares worth about $676.81 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both established new positions, each holding 7,962,957 and 7,383,240 shares valued at approximately $674.06 million and $624.99 million, respectively. Geode Capital Management, LLC added 209,196 shares to its portfolio, resulting in a total of 4,861,437 shares valued at $410.78 million.

Graco Inc. Stock Snapshot

Graco Inc.'s shares are currently trading around $74.60 on the NYSE. The company has a market capitalization of approximately $12.38 billion and a P/E ratio of 24.38. Over the past year, the stock has fluctuated between a low of $73.26 and a high of $95.69. The stock's 50-day and 200-day moving averages are $79.50 and $83.85, respectively. Graco maintains a strong financial position with a current ratio of 3.56 and a quick ratio of 2.50.

Recent Earnings

Graco Inc. reported revenue of $2.25 billion, reflecting a modest growth rate of 2.2%. The company achieved a net margin of 22.96% and a return on equity of 19.78%. Earnings per share stood at $3.06. The next earnings report is scheduled for July 22, 2026.

Dividend

Graco Inc. offers a dividend with an annual rate of $1.18, yielding 1.58%. The dividend payout ratio is 36.6%, indicating a sustainable dividend policy.

Insider Buying and Selling at Graco Inc.

Recent insider activity at Graco Inc. shows several purchases. Simon Andrea Helen acquired 1,240 shares on April 27, 2026, at an average price of $80.53. CFO and Treasurer Sanjiv Gupta bought 13,076 shares on April 15, 2026, and an additional 53,330 shares on the same day. Claudio Merengo, President of the Global Powder Division, along with Jody Feragen and Executive Vice President Joseph Humke, each purchased 17,770 shares on February 13, 2026.

Analysts Set New Price Targets

On April 27, 2026, DA Davidson maintained its 'hold' rating on Graco Inc. with a price target of $85. Baird also kept its 'hold' rating with a target of $92 on April 24, 2026. The consensus among analysts is a 'hold' rating, with an average target price of $92 based on eight analyst opinions.

About Graco Inc.

Graco Inc. is a leader in designing and manufacturing equipment for handling fluids and powders. Based in Minneapolis, Minnesota, the company serves markets across the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through segments focused on contractors, industrial applications, and expansion markets. Graco's products are essential in a variety of applications, including paint spraying, chemical pumping, and environmental monitoring.

Bottom Line

Fundsmith's complete exit from Graco Inc. highlights a shift in its investment strategy as disclosed in the latest backward-looking 13F filing. Graco continues to be a significant player in the industrial machinery sector, drawing interest from various institutional investors and analysts. Investors will be watching Graco's upcoming earnings report for further insights into its financial performance.