15 Best Industrial Machinery and Supplies Stocks to Buy According to Hedge Funds

12. Graco Inc. (NYSE:GGG)

Number of Hedge Fund Holders: 36

Graco Inc. (NYSE:GGG) is one of the 15 best Industrial Machinery and Supplies stocks to buy according to Hedge Funds.

As of February 3 closing, Graco Inc. (NYSE:GGG) had received coverage from 6 analysts, with 1 Buy rating and 5 Hold calls. With no Sell rating, the stock has a median 1-year price target of $93.67, offering almost 6% upside potential.

On January 29, Goldman Sachs revised its estimated target price on Graco Inc. (NYSE:GGG) from $83 to $89, and reiterated a Neutral rating on the stock. This upward revision came after the company announced its Q4 results, registering $593 million in sales and $169 million in segment EBIT during the quarter. For its Expansion Markets segment, a one-time upfront license fee of roughly $5 million was a major contributor to the EBIT.

The company’s management also provided 2026 guidance, anticipating an organic growth in the low single digits. This growth forecast jumps to mid-single digits after accounting for mergers and acquisitions. The organic growth forecasts exclude licensing revenues, which are expected to be volatile.

Graco Inc. (NYSE:GGG) manufactures fluid handling systems and equipment that are useful in moving, metering, mixing, and controlling spray fluids, coatings, and powder materials. The business is structured into four distinct segments, i.e., Industrial Products, Process, Lubrication, and Contractor. Their offerings have a broad application across several industries such as automotive, aerospace, chemical, and construction.