Welcome to our dedicated page for Graco news (Ticker: GGG), a resource for investors and traders seeking the latest updates and insights on Graco stock.
Graco Inc. (GGG) delivers specialized fluid handling solutions to industrial, commercial, and construction markets worldwide. This news hub provides investors and industry professionals with comprehensive access to official announcements, financial disclosures, and strategic developments from the fluid systems innovator.
Monitor critical updates including quarterly earnings reports, new product launches in precision engineering, and strategic partnerships across Graco's industrial, process, and contractor divisions. Our curated collection features verified press releases detailing technological advancements in coatings application systems and operational expansions.
Key content categories include executive leadership changes, patent approvals for fluid control technologies, and sustainability initiatives within manufacturing processes. Bookmark this page to stay informed about Graco's market position in critical sectors including automotive production infrastructure and industrial adhesives management.
Graco Inc. (NYSE:GGG) has launched the TrueCoat 360® Cordless Connect™, an innovative airless painting system that connects to cordless drills. This new product aims to provide faster painting with a high-quality finish, reducing the mess associated with traditional brushing and rolling methods.
The system is designed for both indoor and outdoor projects, including doors, trim, walls, fences, and sheds. It offers the convenience of cordless operation while delivering Graco's TrueAirless® experience, which includes TRUEQUALITY™, TRUESPEED™, and TRUECONTROL™ features. This launch expands Graco's TrueCoat 360 family, allowing DIY enthusiasts to utilize their existing power tools for painting projects.
Graco (NYSE:GGG) has announced the launch of its Ultra XT and Mark XT Airless Sprayers, featuring the Xtreme Torque™ Brushless Motor. This new motor provides up to 15 times more torque and operates 90% slower than traditional motors, making it the quietest airless sprayer available—up to 10 times quieter. The sprayers also include Rapid-Response™ Pressure Control, delivering the industry's widest and steadiest pressure. Equipped with the Endurance™ Vortex® Pump, these sprayers promise up to three times longer life and reduced downtime and operating expenses. The advanced design aims to enhance productivity and provide a superior painting experience.
Graco (NYSE: GGG) has announced that it will release its Second Quarter 2024 earnings report after market close on July 24, 2024. The full earnings announcement will be available on the company's website. Following the release, Graco management will host a conference call with analysts and institutional investors on July 25, 2024, at 11 a.m. ET / 10 a.m. CT to discuss the results. The call will feature a webcast with slides and can be accessed live via the company's website. A replay will also be available for those who cannot attend the live session.
Graco's Board of Directors has declared a regular quarterly dividend of $0.255 per common share. This dividend will be payable on August 7, 2024, to shareholders of record by the close of business on July 22, 2024. Graco currently has about 169 million shares outstanding.
This announcement reflects the company's ongoing commitment to returning value to its shareholders through regular dividend payments.
Graco (NYSE: GGG) has launched Pulse® Asset, a new extension of its Pulse Pro Fluid Management system designed for manufacturing facilities. This platform-based system uses programmable ID tags to track fluid dispenses by recording details such as which machines are filled, fluid quantity, operator identity, and dispensing time. Pulse Asset can store up to 40 dispenses offline and syncs with Pulse HUB for data access via local networks, eliminating manual record-keeping. The system aims to enhance efficiency, reduce human error, and improve accountability in fluid management.
Tennant Company (NYSE: TNC) has appointed Mark W. Sheahan, President and CEO of Graco Inc. (NYSE: GGG), to its Board of Directors, effective May 15, 2024. Sheahan brings nearly three decades of experience in global manufacturing, strategic growth, technology-driven product development, and financial strategy. Dave Huml, Tennant's President and CEO, expressed confidence that Sheahan's expertise will significantly contribute to the company's long-term success. Tennant Company, a leader in cleaning solutions, reported $1.24 billion in sales in 2023 and employs approximately 4,500 people worldwide.
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