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The Gorman-Rupp Company announced an increase in its quarterly dividend to $0.20 per share from $0.19 per share.
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Gorman-Rupp (GRC) has been upgraded to Zacks Rank #2 (Buy) due to rising earnings estimates over the past three months, with a 7.9% increase in consensus estimates. The upgrade reflects improving business fundamentals and positions the stock in the top 20% of Zacks-covered stocks, suggesting potential for near-term price appreciation driven by institutional investor buying pressure.
Filed: 2026-10-23 AccNo: 0001193125-26-429546 Size: 698 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
The Gorman-Rupp Company reported third-quarter 2026 financial results, with adjusted earnings per share of $0.86 and revenue of $193.3 million, both exceeding analyst expectations.