Gorman-Rupp Company (The) (GRC) Stock Price & How to Invest

The Gorman-Rupp Company designs and manufactures pumps and pump systems used to move water and other fluids across municipal water and wastewater, construction, agriculture, fire protection, petroleum, industrial, and OEM markets. Founded in Ohio in 1933, it sells globally through a network of distributors and direct channels, and its 2022 acquisition of Fill-Rite and Sotera (fluid transfer and metering) broadened its product line into flow measurement. The company is known for engineered, application-specific pumps and a large installed base that drives recurring aftermarket and replacement demand.

The investment picture is that of a slow-and-steady industrial. Revenue reached roughly $682 million in fiscal 2025 and about $702 million on a trailing basis by mid-2026. Q1 2026 showed record quarterly net income on 7.7 percent sales growth, and Q2 2026 set another record: net income of about $19.4 million ($0.74 per share, above a consensus near $0.70) on sales of about $186 million, up roughly 3.9 percent year over year. Trailing earnings are up about 22.5 percent, helped by expanding margins and lower interest cost as the balance sheet deleverages. GRC is a long-standing dividend raiser (a so-called Dividend King with more than five decades of consecutive annual increases), which appeals to income-oriented holders. The offset is valuation: the stock closed at about $72.03 on October 16, 2026, up roughly 50% year to date, and trades at an above-market earnings multiple, so much of the operating improvement may already be reflected in the price. Third-quarter results are due October 23, 2026.

GRC is a cyclical industrial whose construction, agriculture, and industrial demand can weaken in a downturn, pressuring volumes and margins; sales growth already slowed to about 3.9 percent in Q2 2026 from 7.7 percent in Q1. Input-cost inflation, tariffs, and supply-chain disruption can compress gross margin faster than pricing can offset. The premium valuation (about 30x trailing earnings after a roughly 50% gain in 2026) leaves little room for execution missteps and could de-rate if growth slows; the shares are already about 22% below their 52-week high of roughly $93, a reminder of how volatile the multiple can be. Integration and leverage risk from the Fill-Rite and Sotera acquisition remain, and as a small cap the shares can be volatile and less liquid. It is also a family-influenced company with concentrated insider ownership, which can limit outside shareholder influence.

3 analysts publish price targets on GRC, averaging $80.67 against a $71.89 price as of October 2026, or +12.2%. The published targets run from $78.00 to $84.00, a narrow spread, and the ratings split 1 buy, 1 hold, 0 sell. Over the last six months there have been 0 raises and 0 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full GRC forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Gorman-Rupp Company (The). Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Broad-based end-market demand. In Q1 2026 Gorman-Rupp reported growth across construction, agriculture, industrial, municipal, and OEM markets, with incoming orders of roughly $187.5 million and backlog rising to about $247.9 million. The most optimistic published target, $84.00, assumes this works close to its best case.

The case against. GRC is a cyclical industrial whose construction, agriculture, and industrial demand can weaken in a downturn, pressuring volumes and margins; sales growth already slowed to about 3.9 percent in Q2 2026 from 7.7 percent in Q1. The most pessimistic target, $78.00, is roughly what GRC is worth if this bites instead.

Read the full bull and bear case on GRC, including what would have to change to break either one. Walnut is not an investment adviser.

No. Gorman-Rupp Company (The) (GRC) has not split its stock in the last 10 years. That is a statement about the window we check rather than about the company’s entire history, so an older split is possible. It also matters less than it once did: fractional shares mean a high price per share no longer keeps smaller investors out, which removed most of the practical reason to split.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Gorman-Rupp Company (The)'s investor relations page or your broker.

• Revenue (TTM): ~$702M
• Revenue growth (Q2 2026, YoY): ~+3.9%
• Net income (TTM): ~$62M
• Q2 2026 EPS vs estimate: ~$0.74 vs ~$0.70
• Gross / operating margin (TTM): ~31.8% / ~16.1%
• P/E (trailing / forward): ~30x / ~23x
• Dividend yield: ~1.05%
• Market cap: ~$1.9B

GRC is a small-cap industrial that trades at a premium multiple, about 30x trailing and 23x forward earnings at $72.03, after a roughly 50% gain in 2026. The forward multiple is lower because analysts expect EPS to rise to about $2.81 in 2026 and $3.16 in 2027 on record margins and lower interest cost. Third-quarter results on October 23, 2026 (consensus about $0.70 of EPS on roughly $182 million of revenue) will test whether that earnings path holds.

Other names that sit close to GRC: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get GRC exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic portfolio, so GRC sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where GRC fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

GRC is a well-run, cash-generative pump maker with a long dividend record and record 2026 earnings, and after a roughly 56% one-year gain (as of October 16, 2026) the main debate is whether its premium valuation leaves room for further re-rating.

Whether GRC is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is GRC a buy or a sell?, and where the stock could go from here in the GRC stock forecast.

For income investors, whether GRC pays a dividend and how the payout looks is covered in does GRC pay a dividend? And to weigh GRC against a peer, read the full side-by-side comparisons: GRC vs XYL and GRC vs FLS.