Graco (GGG) Bets Big On Adhesives While Wall Street Trims Positions
Graco Inc. (NYSE:GGG) acquired Valco Melton for $447M, expanding into adhesives. Q2 sales rose 3% to $590.6M, with operating earnings up 11% to $175.1M. Contractor segment showed organic growth. Hedge fund ownership declined, and shares trade at a forward P/E of 21.74.





