Gorman-Rupp (NYSE:GRC) Shares Gap Up – Time to Buy?

10 Jun 2026, 15:26 by Michael Walen · The Markets Daily

Gorman-Rupp Company (The) (NYSE:GRC – Get Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $77.91, but opened at $81.00. Gorman-Rupp shares last traded at $81.4150, with a volume of 7,782 shares changing hands.

Analyst Ratings Changes

Several equities analysts have commented on GRC shares. Zacks Research upgraded shares of Gorman-Rupp from a “hold” rating to a “strong-buy” rating in a report on Friday, April 24th. Wall Street Zen raised shares of Gorman-Rupp from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 2nd. Freedom Capital upgraded shares of Gorman-Rupp to a “hold” rating in a research report on Monday, May 18th. Finally, Weiss Ratings upgraded shares of Gorman-Rupp from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Gorman-Rupp has an average rating of “Buy”.

Get Our Latest Stock Analysis on Gorman-Rupp

Gorman-Rupp Price Performance

The business’s 50 day moving average is $72.10 and its 200-day moving average is $61.19. The firm has a market capitalization of $2.13 billion, a P/E ratio of 36.09, a PEG ratio of 2.31 and a beta of 1.31. The company has a quick ratio of 1.76, a current ratio of 2.93 and a debt-to-equity ratio of 0.69.

Gorman-Rupp (NYSE:GRC – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.19. The business had revenue of $176.59 million for the quarter, compared to analysts’ expectations of $170.61 million. Gorman-Rupp had a net margin of 8.45% and a return on equity of 15.08%. As a group, sell-side analysts predict that Gorman-Rupp Company will post 2.6 EPS for the current fiscal year.

Gorman-Rupp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, May 15th. Gorman-Rupp’s payout ratio is presently 34.08%.

Institutional Trading of Gorman-Rupp

A number of hedge funds and other institutional investors have recently modified their holdings of GRC. JPMorgan Chase & Co. increased its stake in shares of Gorman-Rupp by 43.2% in the third quarter. JPMorgan Chase & Co. now owns 67,990 shares of the industrial products company’s stock valued at $3,155,000 after buying an additional 20,522 shares during the period. Victory Capital Management Inc. lifted its holdings in shares of Gorman-Rupp by 2,664,700.0% during the third quarter. Victory Capital Management Inc. now owns 266,480 shares of the industrial products company’s stock worth $12,367,000 after purchasing an additional 266,470 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in shares of Gorman-Rupp by 42.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 123,382 shares of the industrial products company’s stock worth $5,891,000 after purchasing an additional 37,037 shares during the period. Teton Advisors LLC acquired a new position in shares of Gorman-Rupp during the third quarter worth $2,191,000. Finally, SG Americas Securities LLC lifted its holdings in shares of Gorman-Rupp by 222.3% during the fourth quarter. SG Americas Securities LLC now owns 11,096 shares of the industrial products company’s stock worth $530,000 after purchasing an additional 7,653 shares during the period. Institutional investors own 59.26% of the company’s stock.

About Gorman-Rupp

(Get 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.