Sidoti resumed coverage of Gorman-Rupp with a rating of Buy
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/25/2023 | Buy | Sidoti | |
| 9/13/2023 | $40.00 | Buy | Northcoast |
| 2/7/2022 | $46.00 | Neutral → Buy | Sidoti |
| 11/16/2021 | $46.00 | Buy → Neutral | Sidoti |
Sidoti resumed coverage of Gorman-Rupp with a rating of Buy
Northcoast initiated coverage of Gorman-Rupp with a rating of Buy and set a new price target of $40.00
Sidoti upgraded Gorman-Rupp from Neutral to Buy and set a new price target of $46.00
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 March 10, 2025, to shareholders of record February 14, 2025. This action will mark the 300th consecutive quarterly dividend paid by The Gorman-Rupp Company. Other action taken by the Board of Directors of The Gorman-Rupp Company was the announcement of the Annual Meeting of Shareholders scheduled to be held Thursday, April 24, 2025, and the related establishment of the close of business on February 24, 2025 as the record date for shareholders entitled to notice of and to vote at the meeting. The meeting will be in a virtual fo
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 year of increased dividends to its shareholders, which positions Gorman-Rupp in the top 50 of all U.S. public companies with respect to number of years of increased dividend payments. About The Gorman-Rupp Company Founded in 1933, The
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 million or 25.9% primarily due to debt refinanced in the second quarter of 2024 Adjusted EBITDA1 of $32.0 million for the third quarter of 2024 increased $1.5 million, or 5.1%, from $30.5 million for the same period in 2023
10-Q - GORMAN RUPP CO (0000042682) (Filer)
8-K - GORMAN RUPP CO (0000042682) (Filer)
10-Q - GORMAN RUPP CO (0000042682) (Filer)
SC 13D - GORMAN RUPP CO (0000042682) (Subject)
SC 13D - GORMAN RUPP CO (0000042682) (Subject)
SC 13G/A - GORMAN RUPP CO (0000042682) (Subject)
3 - GORMAN RUPP CO (0000042682) (Issuer)
4 - GORMAN RUPP CO (0000042682) (Issuer)
4 - GORMAN RUPP CO (0000042682) (Issuer)
GREENWICH, Conn., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds is hosting its 35th annual Pump, Valve & Water Systems Symposium at the Harvard Club in New York City on Thursday, February 27, 2025. The symposium focuses on themes crucial to this industry, including infrastructure spending, resource security, conservation, and mergers and acquisitions (M&A). Attendees will have the opportunity to engage in one-on-one sessions with management, providing an opportunity to delve into the strategies and growth prospects of these companies. This symposium underscores the pivotal role of the pump, valve, and water systems industry in addressing global challenges. It highlights the sector
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 March 10, 2025, to shareholders of record February 14, 2025. This action will mark the 300th consecutive quarterly dividend paid by The Gorman-Rupp Company. Other action taken by the Board of Directors of The Gorman-Rupp Company was the announcement of the Annual Meeting of Shareholders scheduled to be held Thursday, April 24, 2025, and the related establishment of the close of business on February 24, 2025 as the record date for shareholders entitled to notice of and to vote at the meeting. The meeting will be in a virtual fo
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 year of increased dividends to its shareholders, which positions Gorman-Rupp in the top 50 of all U.S. public companies with respect to number of years of increased dividend payments. About The Gorman-Rupp Company Founded in 1933, The