Gorman-Rupp (GRC) Stock

Gorman-Rupp should deliver double-digit earnings growth through 2026, leading to a Buy rating and a one-year price target of $43.30. The company designs and markets pumps and pumping systems, which it sells globally. Q3-2024 results showed a 0.4% sales increase, improved margins, and reduced debt, highlighting management's effective cost controls and operational efficiency.

Stocks like GRC, KTB, WST and SXI recently announced dividend hikes.

Gorman-Rupp (GRC) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.34 per share a year ago.

MANSFIELD, Ohio--(BUSINESS WIRE)-- #DIVIDEND--The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.185 per share on the common shares of the Company, payable December 10, 2024, to shareholders of record November 15, 2024. The cash dividend will represent a 2.8% increase over the $0.18 dividend per share paid in the previous quarter. This action will mark the 299th consecutive quarterly dividend paid by The Gorman-Rupp Company and the 52nd consecutive ye.

MANSFIELD, Ohio--(BUSINESS WIRE)-- #EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Net sales of $168.2 million increased 0.4%, or $0.7 million, compared to the third quarter of 2023 Third quarter net income was $12.9 million, or $0.49 per share, compared to net income of $9.0 million, or $0.34 per share, for the third quarter of 2023 Gross margin improved 260 basis points Interest expense decreased $2.7 m.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Gorman-Rupp (GRC) have what it takes?

Investors with an interest in Manufacturing - General Industrial stocks have likely encountered both Gorman-Rupp (GRC) and Ingersoll Rand (IR). But which of these two stocks offers value investors a better bang for their buck right now?

Here is how Gorman-Rupp (GRC) and Halma (HLMAF) have performed compared to their sector so far this year.

Investors looking for stocks in the Manufacturing - General Industrial sector might want to consider either Gorman-Rupp (GRC) or Crane (CR). But which of these two companies is the best option for those looking for undervalued stocks?