15 Low Profile Dividend Champions to Buy

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10. The Gorman-Rupp Company (NYSE:GRC)

Number of Hedge Fund Holders: 20

The Gorman-Rupp Company (NYSE:GRC) is an Ohio-based manufacturer of pumps and pumping systems. The company specializes in designing, manufacturing, and selling a wide range of pumps and related products for various industries and applications.

The Gorman-Rupp Company (NYSE:GRC) reported strong earnings in the fourth quarter of 2024, with revenues amounting to $162.7 million, up 1.3% from the same period last year. The revenue, however, missed analysts’ consensus by approximately $137,500. Net income for the fourth quarter reached $11.0 million, or $0.42 per share, up from $9.0 million, or $0.34 per share, in the same period of 2023. Incoming orders also saw a strong boost, rising 15.8% compared to the fourth quarter of the previous year.

The Gorman-Rupp Company (NYSE:GRC) ended 2024 with $24.2 million available in cash and cash equivalents. The company’s operating cash flow for the year came in at $69.8 million. It currently offers a quarterly dividend of $0.185 per share, having raised it by 2.8% in October 2025. This marked the company’s 52nd consecutive year of dividend growth, which places GRC on our Dividend Champions list. The stock offers a dividend yield of 2.2%, as of April 17.

At the end of Q4 2024, 20 hedge funds tracked by Insider Monkey held stakes in The Gorman-Rupp Company (NYSE:GRC), up from 19 in the previous quarter. The collective value of these stakes is nearly $47 million. Among these hedge funds, GAMCO Investors was the company’s leading stakeholder in Q4.

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