On October 23, 2026, Gorman-Rupp Co GRC shares rose 5.2% to a current price of $73.76, trading within a 52-week range of $42.31 to $92.78. This performance reflects a notable increase year-to-date of 55.7% and 52.0% over the past year.
GF Value™ verdict: Currently priced at $73.76, GRC is estimated to be 77.8% overvalued compared to its GF Value™ of $41.49. GF Score™: With a score of 79/100, GRC is rated as above average, indicating a relatively strong overall performance. Most notable signal: Insider activity shows that insiders sold $0.4 million worth of shares in the past 12 months without any purchases. Is GRC Overvalued or Undervalued? Gorman-Rupp Co's current market price of $73.76 significantly exceeds the GF Value™ estimate of $41.49, indicating that the stock is 77.8% overvalued. The GF Value™ is GuruFocus' proprietary intrinsic value estimate, which is calculated based on historical trading multiples, past business growth, and future performance projections. The substantial discrepancy between the market price and GF Value™ raises concerns about the stock's valuation and the potential risk of a price correction.
With GRC being labeled as "Significantly Overvalued" by GuruFocus, there is a clear indication that current market enthusiasm may not be justified by the company's underlying fundamentals. This overvaluation suggests a lack of margin of safety for potential investors, as the stock may be prone to significant volatility if market sentiments shift or if the company's performance does not meet expectations.
How Does GRC's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 31.2x 30.2x Forward P/E 23.3x N/A The current P/E ratio of 31.2x is slightly above Gorman-Rupp's 5-year median of 30.2x, suggesting that the stock is trading at a premium relative to its historical valuation. This analysis aligns with the GF Value™ verdict, further confirming that GRC is overvalued in the current market environment.
What Does GRC's GF Score™ Tell Us? The GF Score™ is a comprehensive metric that evaluates a company's performance based on various factors, including financial strength, profitability, growth, valuation, and momentum. Gorman-Rupp's GF Score™ of 79/100 indicates a robust performance, with particular strengths in profitability and momentum.
Metric Rating GF Score™ 79 Financial Strength 6/10 Profitability 9/10 Growth 8/10 Valuation 1/10 Momentum 9/10 While Gorman-Rupp excels in profitability (9/10) and momentum (9/10), it receives a notably low valuation rank of 1/10. This indicates strong operational performance and positive market trends, but also highlights the significant concerns regarding its overvaluation in the current market.
What Are Gurus and Insiders Doing with GRC? Currently, three gurus hold shares of Gorman-Rupp Co, with one adding to their position and two trimming their holdings in recent quarters. This mixed activity among institutional investors suggests a cautious approach towards GRC's stock amidst its overvaluation concerns.
Additionally, insider activity has shown that insiders sold $0.4 million in shares over the past year without any buying activity. This selling pattern might indicate a lack of confidence among insiders regarding the company's current valuation and future performance, adding to the cautious sentiment surrounding the stock.
What This Means for Investors Overall, Gorman-Rupp Co is currently overvalued based on the GF Value™ estimate, which suggests that investors may want to be cautious when considering this stock. The significant gap between the market price and intrinsic value, coupled with insider selling activity, indicates potential risks. For those interested in more detailed information about Gorman-Rupp Co, you can visit the Gorman-Rupp Co GRC stock page for further insights.
Frequently Asked Questions What is GRC's GF Score™?
Gorman-Rupp Co has a GF Score™ of 79/100, indicating a solid overall performance, particularly strong in profitability and momentum.
Is GRC overvalued or undervalued?
Based on the GF Value™ of $41.49, Gorman-Rupp Co is currently overvalued by 77.8%, suggesting potential risks for investors.
What is GRC's P/E ratio?
Gorman-Rupp Co's P/E ratio is currently 31.2x, which is above its 5-year median of 30.2x, indicating that the stock is trading at a premium compared to its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Gorman-Rupp (GRC - Free Report) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +28.36%. A quarter ago, it was expected that this pump maker would post earnings of $0.69 per share when it actually produced earnings of $0.74, delivering a surprise of +7.25%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Gorman-Rupp, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $193.25 million for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 6.49%. This compares to year-ago revenues of $172.82 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Gorman-Rupp shares have added about 46.9% since the beginning of the year versus the S&P 500's gain of 12%.
What's Next for Gorman-Rupp?While Gorman-Rupp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Gorman-Rupp was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.59 on $182.3 million in revenues for the coming quarter and $2.67 on $726.43 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Manufacturing - General Industrial is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Mueller Water Products (MWA - Free Report) , has yet to report results for the quarter ended September 2026.
This maker of fire hydrants, pipes and water valves is expected to post quarterly earnings of $0.39 per share in its upcoming report, which represents a year-over-year change of +2.6%. The consensus EPS estimate for the quarter has been revised 1.7% lower over the last 30 days to the current level.
Mueller Water Products' revenues are expected to be $383.05 million, up 0.6% from the year-ago quarter.
MANSFIELD, Ohio--(BUSINESS WIRE)--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the third quarter ended September 30, 2026.
Third Quarter 2026 Highlights
Record net sales of $193.3 million increased 11.8%, or $20.4 million, compared to the third quarter of 2025 Record net income of $22.7 million, or $0.86 per share, compared to net income of $11.3 million, or $0.43 per share, for the third quarter of 2025 Adjusted earnings per share1 for the third quarter of 2026 and 2025 were $0.86 and $0.52, respectively Record adjusted EBITDA1 of $41.8 million, which was 21.6% of sales, an increase of $9.5 million, or 29.4%, over the third quarter of 2025 Net sales for the third quarter of 2026 were $193.3 million compared to net sales of $172.8 million for the third quarter of 2025, an increase of 11.8%, or $20.4 million. Sales increased across all of our markets driven by volume growth as well as price increases taken in the first quarter of 2026. Sales increased $4.7 million in the agriculture market, $3.5 million in the construction market, and $3.4 million in the industrial market, in each case due in part to improvement across Fill-Rite’s sales channels. Sales in the construction market also benefited from increased sales of rental equipment and industrial sales benefited from increased HVAC demand. Sales increased $3.8 million in the fire suppression market due to increased international sales. In addition, sales increased $2.0 million in the municipal market, $1.4 million in the OEM market, $1.0 million in the petroleum market, and $0.6 million in the repair market.
Gross profit was $64.5 million for the third quarter of 2026, resulting in gross margin of 33.4%, compared to gross profit of $50.4 million and gross margin of 29.2% for the same period in 2025. Gross profit for the third quarter of 2025 included $2.7 million of one-time facility optimization costs. The 420 basis point increase in gross margin was driven by a 190 basis point improvement in labor and overhead expense (130 basis points driven by leverage on increased sales and 60 basis points driven by favorable medical expenses), a 160 basis point improvement from 2025 facility optimization costs that did not recur, and a 70 basis point reduction in LIFO expense.
Selling, general and administrative (“SG&A”) expenses were $27.5 million and improved to 14.3% of net sales for the third quarter of 2026 compared to $25.9 million and 15.0% of net sales for the same period in 2025. The decrease in SG&A expense as a percent of net sales was driven by improved leverage on SG&A expenses from increased sales.
Operating income was $33.9 million for the third quarter of 2026, resulting in an operating margin of 17.5%, compared to operating income of $21.5 million and an operating margin of 12.4% for the same period in 2025. Operating income for the third quarter of 2025 included $3.0 million of one-time facility optimization costs. The 510 basis point increase in operating margin was driven by a 420 basis point improvement in gross margin as well as a 90 basis point improvement in leverage on SG&A and amortization.
Interest expense was $4.3 million for the third quarter of 2026 compared to $5.8 million for the same period in 2025. The decrease in interest expense was due primarily to a decrease in outstanding debt.
Net income was $22.7 million, or $0.86 per share, for the third quarter of 2026 compared to net income of $11.3 million, or $0.43 per share, in the third quarter of 2025. Adjusted earnings per share1 for the third quarter of 2026 and 2025 were $0.86 and $0.52, respectively.
Adjusted EBITDA1 was $41.8 million and 21.6% of sales for the third quarter of 2026 compared to $32.3 million and 18.7% of sales for the third quarter of 2025.
Year to date 2026 Highlights
Net sales of $555.9 million increased 7.8%, or $40.1 million, compared to the first nine months of 2025 Net income of $60.0 million, or $2.27 per share, compared to net income of $39.3 million, or $1.49 per share, for the first nine months of 2025 Adjusted earnings per share1 for the first nine months of 2026 and 2025 were $2.27 and $1.58, respectively Adjusted EBITDA1 of $115.5 million, which was 20.8% of sales, an increase of $18.3 million, or 18.8%, over the first nine months of 2025 Total debt decreased $58.0 million through the first nine months of 2026 Net sales for the first nine months of 2026 were $555.9 million compared to net sales of $515.8 million for the first nine months of 2025, an increase of 7.8%, or $40.1 million. Sales increased in the majority of our markets including a sales increase of $14.7 million in the construction market due to increased demand in mining and sales of rental equipment, $13.3 million in the agriculture market due to broad-based improvement across Fill-Rite's sales channels, $8.6 million in the industrial market due to increased domestic investment, $4.0 million in the OEM market, $3.9 million in the municipal market, and $0.2 million in the petroleum market. Offsetting these increases were a decrease of $3.8 million in the fire suppression market and a decrease of $0.8 million in the repair market.
Gross profit was $182.5 million for the first nine months of 2026, resulting in gross margin of 32.8%, compared to gross profit of $156.8 million and gross margin of 30.4% for the same period in 2025. Gross profit for the first nine months of 2025 included $2.7 million of one-time facility optimization costs. The 240 basis point increase in gross margin included a 100 basis point improvement in margin on material (30 basis points of which was attributable to a decrease in LIFO expense), a 90 basis point improvement in leverage on labor and overhead expense resulting from increased sales, and a 50 basis point improvement from 2025 facility optimization costs that did not recur.
SG&A expenses were $81.5 million and improved to 14.7% of net sales for the first nine months of 2026 compared to $77.0 million and 14.9% of net sales for the same period in 2025. SG&A expenses increased due to increased incentive-based payroll expenses, higher advertising expenses, and increased freight out costs driven by increased sales. The decrease in SG&A expense as a percent of net sales was driven by improved leverage on SG&A expenses from increased sales.
Operating income was $91.8 million for the first nine months of 2026, resulting in an operating margin of 16.5%, compared to operating income of $70.5 million and an operating margin of 13.7% for the same period in 2025. Operating income for the first nine months of 2025 included $3.0 million of one-time facility optimization costs. The 280 basis point increase in operating margin was driven by a 240 basis point improvement in gross margin as well as a 40 basis point improvement in leverage on SG&A and amortization.
Interest expense was $13.9 million for the first nine months of 2026 compared to $18.0 million for the same period in 2025. The decrease in interest expense was primarily due to a decrease in outstanding debt.
Net income was $60.0 million, or $2.27 per share, for the first nine months of 2026 compared to net income of $39.3 million, or $1.49 per share, for the first nine months of 2025. Adjusted earnings per share1 for the first nine months of 2026 and 2025 were $2.27 per share and $1.58 per share, respectively.
Adjusted EBITDA1 was $115.5 million and 20.8% of net sales for the first nine months of 2026 compared to $97.3 million and 18.9% of net sales for the first nine months of 2025.
Incoming orders for the first nine months of 2026 were $562.2 million, an increase of 2.2%, or $12.0 million, compared to the same period in 2025. The Company’s backlog of orders was $236.8 million at September 30, 2026 compared to $234.2 million at September 30, 2025 and $244.0 million at December 31, 2025.
Net cash provided by operating activities for the first nine months of 2026 was $114.9 million compared to $91.2 million for the same period in 2025. The increase in cash provided by operating activities in the first nine months of 2026 compared to the same period last year was primarily due to increased net income. Capital expenditures for the first nine months of 2026 were $14.7 million and consisted primarily of machinery and equipment. Capital expenditures for the full-year 2026 are presently planned to be approximately $22.0 - $24.0 million. Total debt decreased $58.0 million during the first nine months of 2026.
Scott A. King, President and CEO, commented, “We are very pleased with our third-quarter results, which included record net sales, gross margin, and earnings per share. This marks the third consecutive quarter with record earnings per share and the second consecutive quarter with record sales. Our sales growth was broad-based with all of our markets showing growth over the same quarter last year. Our margins remained strong as increased volumes drove leverage on labor, overhead and SG&A expenses. These operating improvements, together with lower interest expense, contributed to record earnings and strong cash generation. Solid operating cash flow allowed us to reduce total debt by $58.0 million during the first nine months of the year while also continuing to invest in the business. Incoming orders and backlog remain healthy, and our diverse markets and strong financial position provide a solid foundation as we enter the fourth quarter.”
About The Gorman-Rupp Company
Founded in 1933, The Gorman-Rupp Company is a leading designer, manufacturer and international marketer of pumps and pump systems for use in diverse water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire suppression, heating, ventilating and air conditioning (HVAC), military and other liquid-handling applications.
(1) Non-GAAP Information
This release includes certain non-GAAP financial data and measures such as adjusted earnings, adjusted earnings per share, and adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”). Adjusted earnings is earnings excluding 2025 facility optimization costs. Adjusted earnings per share is earnings per share excluding 2025 facility optimization costs per share. Adjusted EBITDA is net income (loss) excluding interest, taxes, depreciation and amortization, adjusted to exclude 2025 facility optimization costs and non-cash LIFO2 expense. Management utilizes these adjusted financial data and measures to assess comparative operations against those of prior periods without the distortion of non-comparable factors. The inclusion of these adjusted measures should not be construed as an indication that the Company’s future results will be unaffected by unusual or infrequent items or that the items for which the Company has made adjustments are unusual or infrequent or will not recur. Further, the impact of the LIFO inventory costing method can cause results to vary substantially from company to company depending upon whether they elect to utilize LIFO and depending upon which LIFO method they may elect. The Gorman-Rupp Company believes that these non-GAAP financial data and measures also will be useful to investors in assessing the strength of the Company’s underlying operations and liquidity from period to period. These non-GAAP financial measures are not intended to replace GAAP financial measures, and they are not necessarily standardized or comparable to similarly titled measures used by other companies. Provided later in this release is a reconciliation of adjusted earnings, adjusted earnings per share, and adjusted EBITDA to their corresponding GAAP financial measures, which includes a description of actual adjustments made in the current period and the corresponding prior period.
(2) LIFO Inventory Method
The majority of the Company’s inventories are valued on the last-in, first-out (LIFO) method and stated at the lower of cost or market. Current cost approximates replacement cost, or market, and LIFO cost is determined at the end of each fiscal year based on inventory levels on-hand at current replacement cost and a LIFO reserve. The Company uses the simplified LIFO method, under which the LIFO reserve is determined utilizing the inflation factor specified in the Producer Price Index for Machinery and Equipment – Pumps, Compressors and Equipment, as published by the U.S. Bureau of Labor Statistics. Interim LIFO calculations are based on management’s estimate of the expected year-end inflation index and, as such, are subject to adjustment each quarter. When inflation increases, the LIFO reserve and non-cash expense increase.
Forward-Looking Statements
In connection with the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, The Gorman-Rupp Company provides the following cautionary statement: This news release contains various forward-looking statements based on assumptions concerning The Gorman-Rupp Company’s operations, future results and prospects. These forward-looking statements are based on current expectations about important economic, political, and technological factors, among others, and are subject to risks and uncertainties, which could cause the actual results or events to differ materially from those set forth in or implied by the forward-looking statements and related assumptions. Such uncertainties include, but are not limited to, our estimates of future earnings and cash flows, general economic conditions and supply chain conditions and any related impact on costs and availability of materials, retention of supplier and customer relationships and key employees, and the ability to service and repay indebtedness. Other factors include, but are not limited to: company specific risk factors including (1) loss of key personnel; (2) intellectual property security; (3) growth through acquisitions; (4) the Company’s indebtedness and how it may impact the Company’s financial condition and the way it operates its business; (5) impairment in the value of intangible assets, including goodwill; (6) defined benefit pension plan settlement expense; (7) LIFO inventory method; and (8) family ownership of common equity; and general risk factors including (9) continuation of the current and projected future business environment; (10) highly competitive markets; (11) availability and costs of raw materials and labor; (12) cybersecurity threats; (13) artificial intelligence risk and challenges that can impact our business; (14) compliance with, and costs related to, a variety of import and export laws and regulations; (15) the impact of U.S. trade policy, including resulting tariffs; (16) environmental compliance costs and liabilities; (17) exposure to fluctuations in foreign currency exchange rates; (18) conditions in foreign countries in which The Gorman-Rupp Company conducts business; (19) changes in our tax rates and exposure to additional income tax liabilities; and (20) risks described from time to time in our reports filed with the Securities and Exchange Commission. Except to the extent required by law, we do not undertake and specifically decline any obligation to review or update any forward-looking statements or to publicly announce the results of any revisions to any of such statements to reflect future events or developments or otherwise.
The Gorman-Rupp Company
Condensed Consolidated Statements of Income (Unaudited)
Three Months Ended
September 30,
Nine Months Ended
September 30,
(Dollars in thousands, except per share amounts)
2026
2025
2026
2025
Net sales
$
193,254
$
172,825
$
555,912
$
515,818
Cost of products sold
128,730
122,405
373,421
359,013
Gross profit
64,524
50,420
182,491
156,805
Selling, general and administrative expenses
27,543
25,856
81,462
77,002
Amortization expense
3,080
3,087
9,239
9,289
Operating income
33,901
21,477
91,790
70,514
Interest expense
(4,316
)
(5,787
)
(13,942
)
(17,980
)
Other income (expense), net
246
(357
)
(380
)
(1,282
)
Income before income taxes
29,831
15,333
77,468
51,252
Provision for income taxes
7,120
3,989
17,485
11,983
Net income
$
22,711
$
11,344
$
59,983
$
39,269
Earnings per share
$
0.86
$
0.43
$
2.27
$
1.49
Average number of shares outstanding
26,410,243
26,312,842
26,386,043
26,289,471
The Gorman-Rupp Company
Condensed Consolidated Balance Sheets (Unaudited)
(Dollars in thousands)
September 30,
2026
December 31,
2025
Assets
Cash and cash equivalents
$
59,302
$
35,083
Accounts receivable, net
109,014
88,378
Inventories, net
84,904
96,457
Prepaid and other
8,267
13,776
Total current assets
261,487
233,694
Property, plant, and equipment
133,420
134,131
Other assets
23,104
22,192
Goodwill and other intangible assets, net
460,727
470,038
Total assets
$
878,738
$
860,055
Liabilities and equity
Accounts payable
$
34,610
$
25,885
Current portion of long-term debt
—
23,125
Accrued liabilities and expenses
62,332
49,602
Total current liabilities
96,942
98,612
Pension benefits
3,840
5,149
Postretirement benefits
25,279
24,803
Long-term debt, net of current portion
250,232
284,406
Other long-term liabilities
41,314
32,362
Total liabilities
417,607
445,332
Shareholders' equity
461,131
414,723
Total liabilities and shareholders' equity
$
878,738
$
860,055
The Gorman-Rupp Company
Condensed Consolidated Statements of Cash Flows (Unaudited)
Nine Months Ended
September 30,
(Dollars in thousands)
2026
2025
Cash flows from operating activities:
Net income
$
59,983
$
39,269
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
21,591
20,820
LIFO expense
2,531
4,266
Pension expense
1,489
2,076
Stock based compensation
4,329
2,850
Contributions to pension plans
(2,154
)
(2,113
)
Amortization of debt issuance fees
886
886
Other
241
247
Changes in operating assets and liabilities:
Accounts receivable, net
(21,100
)
(3,085
)
Inventories, net
8,063
2,662
Accounts payable
8,923
7,926
Commissions payable
(253
)
65
Deferred revenue and customer deposits
1,938
610
Income taxes
15,449
4,152
Accrued expenses and other
(300
)
2,137
Benefit obligations
13,294
8,462
Net cash provided by operating activities
114,910
91,230
Cash flows from investing activities:
Capital additions
(14,687
)
(12,533
)
Other
360
85
Net cash used for investing activities
(14,327
)
(12,448
)
Cash flows from financing activities:
Cash dividends
(15,035
)
(14,586
)
Treasury share repurchases
(2,649
)
(1,152
)
Payments to banks for borrowings
(58,000
)
(45,000
)
Other
(92
)
(90
)
Net cash used for financing activities
(75,776
)
(60,828
)
Effect of exchange rate changes on cash
(588
)
770
Net increase in cash and cash equivalents
24,219
18,724
Cash and cash equivalents:
Beginning of period
35,083
24,213
End of period
$
59,302
$
42,937
The Gorman-Rupp Company
Non-GAAP Financial Information
(Dollars in thousands, except per share data)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2026
2025
2026
2025
Adjusted earnings:
Net income – GAAP basis
$
22,711
$
11,344
$
59,983
$
39,269
Facility optimization costs
—
2,309
—
2,309
Non-GAAP adjusted earnings
$
22,711
$
13,653
$
59,983
$
41,578
Three Months Ended
September 30,
Nine Months Ended
September 30,
2026
2025
2026
2025
Adjusted earnings per share:
Earnings per share – GAAP basis
$
0.86
$
0.43
$
2.27
$
1.49
Facility optimization costs
—
0.09
—
0.09
Non-GAAP adjusted earnings per share
$
0.86
$
0.52
$
2.27
$
1.58
Three Months Ended
September 30,
Nine Months Ended
September 30,
2026
2025
2026
2025
Adjusted EBITDA:
Net income –GAAP basis
$
22,711
$
11,344
$
59,983
$
39,269
Interest expense
4,316
5,787
13,942
17,980
Provision for income taxes
7,120
3,989
17,485
11,983
Depreciation and amortization expense
7,519
6,883
21,591
20,820
Non-GAAP earnings before interest, taxes, depreciation and amortization
MANSFIELD, Ohio--(BUSINESS WIRE)--The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.20 per share on the common stock of the Company, payable December 10, 2026, to shareholders of record November 13, 2026. The cash dividend will represent a 5.3% increase over the $0.19 dividend per share paid in the previous quarter.
This action will mark the 307th consecutive quarterly dividend paid by The Gorman-Rupp Company and the 54th consecutive year of increased dividends to its shareholders, which positions Gorman-Rupp in the top 50 of all U.S. public companies with respect to number of years of increased dividend payments.
About The Gorman-Rupp Company
Founded in 1933, The Gorman-Rupp Company is a leading designer, manufacturer and international marketer of pumps and pump systems for use in diverse water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire suppression, heating, ventilating and air conditioning (HVAC), military and other liquid-handling applications.
Forward-Looking Statements
In connection with the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, The Gorman-Rupp Company provides the following cautionary statement: This news release contains various forward-looking statements based on assumptions concerning The Gorman-Rupp Company’s operations, future results and prospects. These forward-looking statements are based on current expectations about important economic, political, and technological factors, among others, and are subject to risks and uncertainties, which could cause the actual results or events to differ materially from those set forth in or implied by the forward-looking statements and related assumptions. Such uncertainties include, but are not limited to, our estimates of future earnings and cash flows, general economic conditions and supply chain conditions and any related impact on costs and availability of materials, retention of supplier and customer relationships and key employees, and the ability to service and repay indebtedness. Other factors include, but are not limited to: company specific risk factors including (1) loss of key personnel; (2) intellectual property security; (3) growth through acquisitions; (4) the Company’s indebtedness and how it may impact the Company’s financial condition and the way it operates its business; (5) impairment in the value of intangible assets, including goodwill; (6) defined benefit pension plan settlement expense; (7) LIFO inventory method; and (8) family ownership of common equity; and general risk factors including (9) continuation of the current and projected future business environment; (10) highly competitive markets; (11) availability and costs of raw materials and labor; (12) cybersecurity threats; (13) artificial intelligence risk and challenges that can impact our business; (14) compliance with, and costs related to, a variety of import and export laws and regulations; (15) the impact of U.S. trade policy, including resulting tariffs; (16) environmental compliance costs and liabilities; (17) exposure to fluctuations in foreign currency exchange rates; (18) conditions in foreign countries in which The Gorman-Rupp Company conducts business; (19) changes in our tax rates and exposure to additional income tax liabilities; and (20) risks described from time to time in our reports filed with the Securities and Exchange Commission. Except to the extent required by law, we do not undertake and specifically decline any obligation to review or update any forward-looking statements or to publicly announce the results of any revisions to any of such statements to reflect future events or developments or otherwise.
SAN FRANCISCO--(BUSINESS WIRE)--Today, Ode with Anthropic (Ode) and LogicGate announced an initiative to accelerate the delivery of new agentic capabilities to LogicGate customers. LogicGate, the leading AI GRC platform for the Enterprise, is working with Ode to amplify the way customers build, implement, and update GRC programs, improving time to value and multiplying the impact of what its implementation team can deliver for customers. LogicGate is building the agentic GRC platform for the En.
First Trust Advisors LP grew its stake in Gorman-Rupp Company (The) (NYSE: GRC) by 326.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 524,400 shares of the industrial products company's stock after acquiring an additional 401,340 shares during the quarter. First
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.
By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.
However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks.
Gorman-Rupp (GRC - Free Report) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank.
Studies have shown that stocks with the best growth features consistently outperform the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy).
Here are three of the most important factors that make the stock of this pump maker a great growth pick right now.
Earnings GrowthEarnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Gorman-Rupp is 19.7%, investors should actually focus on the projected growth. The company's EPS is expected to grow 24.8% this year, crushing the industry average, which calls for EPS growth of 11.1%.
Impressive Asset Utilization RatioGrowth investors often overlook asset utilization ratio, also known as sales-to-total-assets (S/TA) ratio, but it is an important feature of a real growth stock. This metric exhibits how efficiently a firm is utilizing its assets to generate sales.
Right now, Gorman-Rupp has an S/TA ratio of 0.81, which means that the company gets $0.81 in sales for each dollar in assets. Comparing this to the industry average of 0.79, it can be said that the company is more efficient.
In addition to efficiency in generating sales, sales growth plays an important role. And Gorman-Rupp looks attractive from a sales growth perspective as well. The company's sales are expected to grow 6.5% this year versus the industry average of 3.8%.
Promising Earnings Estimate RevisionsSuperiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
There have been upward revisions in current-year earnings estimates for Gorman-Rupp. The Zacks Consensus Estimate for the current year has surged 2.7% over the past month.
Bottom LineWhile the overall earnings estimate revisions have made Gorman-Rupp a Zacks Rank #1 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that Gorman-Rupp is a potential outperformer and a solid choice for growth investors.
Arrowstreet Capital Limited Partnership cut its stake in shares of Gorman-Rupp Company (The) (NYSE: GRC) by 25.4% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,159 shares of the industrial products company's stock after selling 7,878 shares
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.
Below, we take a look at Gorman-Rupp (GRC - Free Report) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.
It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Gorman-Rupp currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.
You can see the current list of Zacks #1 Rank Stocks here >>>
Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for GRC that show why this pump maker shows promise as a solid momentum pick.
A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.
For GRC, shares are up 3.2% over the past week while the Zacks Manufacturing - General Industrial industry is up 3.28% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 2.92% compares favorably with the industry's 1.95% performance as well.
While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Over the past quarter, shares of Gorman-Rupp have risen 11.94%, and are up 88.09% in the last year. On the other hand, the S&P 500 has only moved 4.93% and 21.47%, respectively.
Investors should also pay attention to GRC's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. GRC is currently averaging 201,615 shares for the last 20 days.
Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with GRC.
Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. This revision helped boost GRC's consensus estimate, increasing from $2.60 to $2.67 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period.
Bottom LineTaking into account all of these elements, it should come as no surprise that GRC is a #2 (Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Gorman-Rupp on your short list.
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.
That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.
However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks.
Our proprietary system currently recommends Gorman-Rupp (GRC - Free Report) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Studies have shown that stocks with the best growth features consistently outperform the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.
While there are numerous reasons why the stock of this pump maker is a great growth pick right now, we have highlighted three of the most important factors below:
Earnings GrowthEarnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Gorman-Rupp is 19.7%, investors should actually focus on the projected growth. The company's EPS is expected to grow 24.8% this year, crushing the industry average, which calls for EPS growth of 11%.
Impressive Asset Utilization RatioAsset utilization ratio -- also known as sales-to-total-assets (S/TA) ratio -- is often overlooked by investors, but it is an important indicator in growth investing. This metric shows how efficiently a firm is utilizing its assets to generate sales.
Right now, Gorman-Rupp has an S/TA ratio of 0.81, which means that the company gets $0.81 in sales for each dollar in assets. Comparing this to the industry average of 0.79, it can be said that the company is more efficient.
While the level of efficiency in generating sales matters a lot, so does the sales growth of a company. And Gorman-Rupp is well positioned from a sales growth perspective too. The company's sales are expected to grow 6.5% this year versus the industry average of 3.8%.
Promising Earnings Estimate RevisionsBeyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
There have been upward revisions in current-year earnings estimates for Gorman-Rupp. The Zacks Consensus Estimate for the current year has surged 2.7% over the past month.
Bottom LineGorman-Rupp has not only earned a Growth Score of A based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that Gorman-Rupp is a potential outperformer and a solid choice for growth investors.
Bank of America Corp DE grew its position in Gorman-Rupp Company (The) (NYSE: GRC) by 1,056.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 302,230 shares of the industrial products company's stock after purchasing an additional 276,101 shares during the quarter.
A downtrend has been apparent in Gorman-Rupp (GRC - Free Report) lately. While the stock has lost 6.8% over the past two weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.
While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future earnings of this pump maker is a solid fundamental factor that enhances the prospects of a trend reversal for the stock.
Understanding Hammer Chart and the Technique to Trade ItThis is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length of the real body, the candle resembles a 'hammer.'
In simple terms, during a downtrend, with bears having absolute control, a stock usually opens lower compared to the previous day's close, and again closes lower. On the day the hammer pattern is formed, maintaining the downtrend, the stock makes a new low. However, after eventually finding support at the low of the day, some amount of buying interest emerges, pushing the stock up to close the session near or slightly above its opening price.
When it occurs at the bottom of a downtrend, this pattern signals that the bears might have lost control over the price. And, the success of bulls in stopping the price from falling further indicates a potential trend reversal.
Hammer candles can occur on any timeframe -- such as one-minute, daily, weekly -- and are utilized by both short-term as well as long-term investors.
Like every technical indicator, the hammer chart pattern has its limitations. Particularly, as the strength of a hammer depends on its placement on the chart, it should always be used in conjunction with other bullish indicators.
Here's What Increases the Odds of a Turnaround for GRCAn upward trend in earnings estimate revisions that GRC has been witnessing lately can certainly be considered a bullish indicator on the fundamental side. That's because empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.
Over the last 30 days, the consensus EPS estimate for the current year has increased 2.7%. What it means is that the sell-side analysts covering GRC are majorly in agreement that the company will report better earnings than they predicted earlier.
If this is not enough, you should note that GRC currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. And stocks carrying a Zacks Rank #1 or 2 usually outperform the market. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Moreover, a Zacks Rank of 2 for Gorman-Rupp is a more conclusive indication of a potential trend reversal, as the Zacks Rank has proven to be an excellent timing indicator that helps investors identify precisely when a company's prospects are beginning to improve.
BlackRock Inc. bought a new stake in Gorman-Rupp Company (The) (NYSE:GRC – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,799,828 shares of the industrial products company’s stock, valued at approximately $165,116,000. BlackRock Inc. owned 6.81% of Gorman-Rupp as of its most recent SEC filing.
Several other institutional investors also recently made changes to their positions in the stock. Principal Financial Group Inc. purchased a new stake in shares of Gorman-Rupp in the 1st quarter worth about $923,000. First Trust Advisors LP increased its position in shares of Gorman-Rupp by 326.1% during the first quarter. First Trust Advisors LP now owns 524,400 shares of the industrial products company’s stock valued at $32,581,000 after buying an additional 401,340 shares during the period. Cetera Investment Advisers purchased a new position in shares of Gorman-Rupp during the first quarter valued at about $983,000. Bank of America Corp DE raised its stake in Gorman-Rupp by 1,056.7% in the first quarter. Bank of America Corp DE now owns 302,230 shares of the industrial products company’s stock worth $18,778,000 after buying an additional 276,101 shares in the last quarter. Finally, PVG Asset Management Corp bought a new position in Gorman-Rupp in the first quarter worth about $844,000. 59.26% of the stock is owned by institutional investors.
Gorman-Rupp Price Performance NYSE GRC opened at $76.03 on Friday. Gorman-Rupp Company has a one year low of $41.85 and a one year high of $92.78. The stock has a 50-day moving average of $81.87 and a 200 day moving average of $74.11. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.82 and a current ratio of 2.81. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 32.08, a PEG ratio of 2.24 and a beta of 1.29.
Gorman-Rupp (NYSE:GRC – Get Free Report) last issued its quarterly earnings data on Friday, July 24th. The industrial products company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.70 by $0.04. Gorman-Rupp had a return on equity of 15.55% and a net margin of 8.88%.The company had revenue of $186.07 million during the quarter, compared to analyst estimates of $188.89 million. On average, sell-side analysts forecast that Gorman-Rupp Company will post 2.67 EPS for the current year. Gorman-Rupp Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.0%. Gorman-Rupp’s dividend payout ratio is 32.07%.
Insider Activity In related news, VP D Patrick Wischmeier sold 5,153 shares of Gorman-Rupp stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $77.62, for a total transaction of $399,975.86. Following the transaction, the vice president owned 1,409 shares in the company, valued at approximately $109,366.58. The trade was a 78.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 11.60% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades Several research firms have weighed in on GRC. Wall Street Zen cut Gorman-Rupp from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Zacks Research lowered Gorman-Rupp from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 24th. Freedom Capital upgraded Gorman-Rupp to a “hold” rating in a research note on Monday, May 18th. Finally, Weiss Ratings lowered Gorman-Rupp from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, June 12th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold”.
View Our Latest Analysis on Gorman-Rupp
Gorman-Rupp Company Profile (Free Report)
Gorman-Rupp Company is a U.S.-based manufacturer specializing in the design, production and distribution of pumps and pumping systems. Its product lineup includes centrifugal self-priming pumps, submersible pumps, vacuum priming pumps and engineered pumps for applications such as water and wastewater management, sewage handling, dewatering, industrial processing and agricultural irrigation. The company supports both standard pump requirements and custom engineered solutions for original equipment manufacturers (OEMs) and municipal clients.
Headquartered in Mansfield, Ohio, Gorman-Rupp has built a reputation for rugged, reliable equipment and aftermarket support services.
Featured Articles Five stocks we like better than Gorman-Rupp 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude? Okta Stock Surges 29%—Is $200 the Next Stop? Want to see what other hedge funds are holding GRC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gorman-Rupp Company (The) (NYSE:GRC – Free Report).
Receive News & Ratings for Gorman-Rupp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gorman-Rupp and related companies with MarketBeat.com's FREE daily email newsletter.
The Progressive Corporation (NYSE:PGR) Shares to Pay Quarterly Dividend of $0.10The Progressive Corporation (NYSE:PGR) declared a quarterly dividend on Friday, August 7th. Shareholders of record on Thursday, October 1st will be paid a dividend of $0.10 per share by the insurance provider on Friday, October 9th. This represents a $0.40 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, October 1st.
NYSE:PGR
Read The Progressive Corporation (NYSE:PGR) Shares to Pay Quarterly Dividend of $0.10
Gen Digital (NASDAQ:GEN) Releases FY 2027 Earnings GuidanceMarketBeat
Gen Digital (NASDAQ:GEN) updated its FY 2027 earnings guidance. The company provided EPS guidance of 2.970-2.970 for the period, compared to the consensus estimate of 2.870. The company also issued revenue guidance of $5.5 billion, compared to the consensus estimate of $5.4 billion.
NASDAQ:GEN
Read Gen Digital (NASDAQ:GEN) Releases FY 2027 Earnings Guidance
Gen Digital (NASDAQ:GEN) Releases Q2 2027 Earnings GuidanceMarketBeat
Gen Digital (NASDAQ:GEN) updated its second quarter 2027 earnings guidance. The company provided EPS guidance of 0.730-0.730 for the period, compared to the consensus estimate of 0.700. The company also issued revenue guidance of $1.4 billion, compared to the consensus estimate of $1.3 billion.
NASDAQ:GEN
Read Gen Digital (NASDAQ:GEN) Releases Q2 2027 Earnings Guidance
Alibaba Group (NYSE:BABA) Insider Fang Jiang Sells 4,889 Shares of Company StockMarketBeat
Alibaba Group Holding Limited (NYSE:BABA - Get Free Report) insider Fang Jiang sold 4,889 shares of the business's stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $13.57, for a total value of $66,343.73. Following the transaction, the insider owned 5,564,369 shares of the company's stock, valued at approximately $75,508,487.33. The trade was a 0.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
NYSE:BABA
Read Alibaba Group (NYSE:BABA) Insider Fang Jiang Sells 4,889 Shares of Company Stock
Insider Selling: Alibaba Group (NYSE:BABA) General Counsel Sells $91,855.12 in StockMarketBeat
Alibaba Group Holding Limited (NYSE:BABA - Get Free Report) General Counsel Siying Yu sold 6,764 shares of Alibaba Group stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $13.58, for a total transaction of $91,855.12. Following the sale, the general counsel owned 613,965 shares of the company's stock, valued at approximately $8,337,644.70. This trade represents a 1.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
NYSE:BABA
Read Insider Selling: Alibaba Group (NYSE:BABA) General Counsel Sells $91,855.12 in Stock
Insider Selling: SEA (NYSE:SE) Insider Sells $98,650.00 in StockMarketBeat
Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 1,000 shares of the stock in a transaction on Monday, September 28th. The stock was sold at an average price of $98.65, for a total transaction of $98,650.00. Following the completion of the transaction, the insider directly owned 91,780 shares in the company, valued at $9,054,097. The trade was a 1.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
NYSE:SE
Read Insider Selling: SEA (NYSE:SE) Insider Sells $98,650.00 in Stock
Amundi grew its stake in shares of Gorman-Rupp Company (The) (NYSE:GRC – Free Report) by 14.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 140,446 shares of the industrial products company’s stock after buying an additional 17,722 shares during the period. Amundi owned approximately 0.53% of Gorman-Rupp worth $12,885,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC increased its position in shares of Gorman-Rupp by 1.7% during the second quarter. HighTower Advisors LLC now owns 22,259 shares of the industrial products company’s stock worth $2,042,000 after acquiring an additional 363 shares in the last quarter. California State Teachers Retirement System raised its position in shares of Gorman-Rupp by 10,550.6% in the 2nd quarter. California State Teachers Retirement System now owns 2,180,385 shares of the industrial products company’s stock valued at $200,029,000 after buying an additional 2,159,913 shares in the last quarter. TD Waterhouse Canada Inc. lifted its holdings in shares of Gorman-Rupp by 374.0% in the second quarter. TD Waterhouse Canada Inc. now owns 493 shares of the industrial products company’s stock worth $44,000 after acquiring an additional 389 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new stake in shares of Gorman-Rupp in the 2nd quarter valued at approximately $730,000. Finally, Nykredit A S bought a new stake in shares of Gorman-Rupp during the 2nd quarter valued at approximately $127,000. Institutional investors and hedge funds own 59.26% of the company’s stock.
Insider Transactions at Gorman-Rupp In other news, VP D. Patrick Wischmeier sold 5,153 shares of Gorman-Rupp stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $77.62, for a total value of $399,975.86. Following the sale, the vice president owned 1,409 shares of the company’s stock, valued at $109,366.58. The trade was a 78.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 11.60% of the stock is owned by corporate insiders.
Analysts Set New Price Targets A number of equities research analysts recently weighed in on GRC shares. Zacks Research lowered Gorman-Rupp from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Gorman-Rupp in a research report on Wednesday. Wall Street Zen downgraded shares of Gorman-Rupp from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Freedom Capital upgraded shares of Gorman-Rupp to a “hold” rating in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Gorman-Rupp presently has a consensus rating of “Hold”. Get Our Latest Stock Report on Gorman-Rupp
Gorman-Rupp Stock Up 1.7% GRC stock opened at $74.49 on Friday. Gorman-Rupp Company has a fifty-two week low of $42.31 and a fifty-two week high of $92.78. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.82 and a current ratio of 2.81. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 31.43, a P/E/G ratio of 2.11 and a beta of 1.29. The business’s 50-day moving average is $79.19 and its two-hundred day moving average is $74.69.
Gorman-Rupp (NYSE:GRC – Get Free Report) last released its earnings results on Friday, July 24th. The industrial products company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.04. Gorman-Rupp had a return on equity of 15.55% and a net margin of 8.88%.The firm had revenue of $186.07 million for the quarter, compared to the consensus estimate of $188.89 million. As a group, analysts forecast that Gorman-Rupp Company will post 2.67 earnings per share for the current year.
Gorman-Rupp Announces Dividend The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Friday, August 14th were issued a $0.19 dividend. The ex-dividend date was Friday, August 14th. This represents a $0.76 dividend on an annualized basis and a yield of 1.0%. Gorman-Rupp’s dividend payout ratio (DPR) is 32.07%.
About Gorman-Rupp (Free Report)
Gorman-Rupp Company is a U.S.-based manufacturer specializing in the design, production and distribution of pumps and pumping systems. Its product lineup includes centrifugal self-priming pumps, submersible pumps, vacuum priming pumps and engineered pumps for applications such as water and wastewater management, sewage handling, dewatering, industrial processing and agricultural irrigation. The company supports both standard pump requirements and custom engineered solutions for original equipment manufacturers (OEMs) and municipal clients.
Headquartered in Mansfield, Ohio, Gorman-Rupp has built a reputation for rugged, reliable equipment and aftermarket support services.
Recommended Stories Five stocks we like better than Gorman-Rupp Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model Kroger’s Textbook Entry for Buy-and-Hold Investors AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window Amgen Drops 10% on a Trial It Didn’t Even Run
Receive News & Ratings for Gorman-Rupp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gorman-Rupp and related companies with MarketBeat.com's FREE daily email newsletter.
The Gorman-Rupp Company is upgraded from Hold to Buy as operating income growth now justifies further upside. GRC's operating income rose 13% in Q2 2026, while interest costs declined due to aggressive debt paydown. Despite positive earnings and a fair value estimate of $84.40, GRC's stock trades at $71.23, offering a 18% upside.
Gorman-Rupp (NYSE:GRC – Get Free Report) and Greenland Technologies (NASDAQ:GTEC – Get Free Report) are both small-cap industrials companies, but which is the superior stock? We will compare the two businesses based on the strength of their dividends, valuation, institutional ownership, analyst recommendations, profitability, risk and earnings.
Profitability This table compares Gorman-Rupp and Greenland Technologies’ net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Gorman-Rupp 8.88% 15.55% 7.59% Greenland Technologies 12.32% 17.02% 9.68% Volatility & Risk Gorman-Rupp has a beta of 1.29, indicating that its stock price is 29% more volatile than the S&P 500. Comparatively, Greenland Technologies has a beta of 0.23, indicating that its stock price is 77% less volatile than the S&P 500.
Analyst Recommendations This is a breakdown of current recommendations and price targets for Gorman-Rupp and Greenland Technologies, as provided by MarketBeat. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Gorman-Rupp 0 2 1 0 2.33 Greenland Technologies 1 0 0 0 1.00 Insider and Institutional Ownership 59.3% of Gorman-Rupp shares are held by institutional investors. Comparatively, 10.9% of Greenland Technologies shares are held by institutional investors. 11.6% of Gorman-Rupp shares are held by insiders. Comparatively, 36.9% of Greenland Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Valuation & Earnings This table compares Gorman-Rupp and Greenland Technologies”s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Gorman-Rupp $682.39 million 2.92 $53.02 million $2.37 31.79 Greenland Technologies $90.69 million 0.27 $4.93 million $0.58 2.03 Gorman-Rupp has higher revenue and earnings than Greenland Technologies. Greenland Technologies is trading at a lower price-to-earnings ratio than Gorman-Rupp, indicating that it is currently the more affordable of the two stocks.
Summary Gorman-Rupp beats Greenland Technologies on 9 of the 13 factors compared between the two stocks.
About Gorman-Rupp (Get Free Report)
The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems in the United States and internationally. The company’s products include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed flow, vertical turbine line shaft, submersible, high-pressure booster, rotary gear, diaphragm, bellows, and oscillating pumps. Its products are used in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire suppression, heating, ventilating and air conditioning, military, and other liquid-handling applications. The company markets its products through a network of distributors, manufacturers’ representatives, third-party distributor catalogs, direct sales, and e-commerce. The Gorman-Rupp Company was founded in 1933 and is headquartered in Mansfield, Ohio.
(Get Free Report)
Greenland Technologies Holding Corporation designs, develops, manufactures, and sells components and products for material handling industries worldwide. The company offers transmission products, such as transmission systems and integrated powertrain primarily for electric forklift trucks; electric industrial heavy equipment, including electric wheeled front loader, electric excavator, and electric lithium forklifts; and provides charging solutions. Its products are used in manufacturing and logistic applications, such as factories, workshops, warehouses, fulfillment centers, shipyards, and seaports. Greenland Technologies Holding Corporation was and is headquartered in East Windsor, New Jersey.
Receive News & Ratings for Gorman-Rupp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gorman-Rupp and related companies with MarketBeat.com's FREE daily email newsletter.
The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Gorman-Rupp (GRC - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.
Gorman-Rupp is a member of the Industrial Products sector. This group includes 186 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Gorman-Rupp is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for GRC's full-year earnings has moved 2.7% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, GRC has moved about 56.3% on a year-to-date basis. In comparison, Industrial Products companies have returned an average of 14.8%. This shows that Gorman-Rupp is outperforming its peers so far this year.
Another Industrial Products stock, which has outperformed the sector so far this year, is Caterpillar (CAT - Free Report) . The stock has returned 40.6% year-to-date.
The consensus estimate for Caterpillar's current year EPS has increased 11% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Gorman-Rupp is a member of the Manufacturing - General Industrial industry, which includes 41 individual companies and currently sits at #76 in the Zacks Industry Rank. Stocks in this group have gained about 2% so far this year, so GRC is performing better this group in terms of year-to-date returns.
Caterpillar, however, belongs to the Manufacturing - Construction and Mining industry. Currently, this 6-stock industry is ranked #104. The industry has moved +33.6% so far this year.
Investors interested in the Industrial Products sector may want to keep a close eye on Gorman-Rupp and Caterpillar as they attempt to continue their solid performance.
Investors might want to bet on Gorman-Rupp (GRC - Free Report) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.
The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.
Therefore, the Zacks rating upgrade for Gorman-Rupp basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Gorman-Rupp imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for Gorman-RuppThis pump maker is expected to earn $2.67 per share for the fiscal year ending December 2026, which represents no year-over-year change.
Analysts have been steadily raising their estimates for Gorman-Rupp. Over the past three months, the Zacks Consensus Estimate for the company has increased 2.7%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Gorman-Rupp to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
