SG Americas Securities LLC Boosts Holdings in Graco Inc. $GGG

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SG Americas Securities LLC significantly increased its stake in Graco Inc. by 186% to 123,655 shares, valued at approximately $10.14 million, as institutional investors now own nearly 94% of the company. Graco reported strong Q4 earnings, meeting EPS estimates and exceeding revenue forecasts, leading its board to approve a 15-million share buyback and declare a dividend. Despite insider selling, analyst sentiment remains a “Moderate Buy” with an average price target of $96.50.

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