10 Overlooked Dividend Stocks to Buy Now

7. Graco Inc. (NYSE:GGG)

Number of Hedge Fund Holders: 26

Graco Inc. (NYSE:GGG) ranked seventh on our list of the best overlooked stocks to invest in. The company stands out as a top producer of fluid handling equipment, focusing on solutions tailored for tough materials that are thick, abrasive, or corrosive. While it operates across various cyclical industries, roughly 40% of its revenue is generated from parts and accessories, helping to maintain a steadier demand. The company’s high-end products offer solid returns for customers by cutting down on labor, material, and energy expenses, all while enhancing quality and supporting better environmental performance.

In the first quarter of 2025, Graco Inc. (NYSE:GGG) reported revenue of $528.2 million, which showed a 7.3% growth from the same period last year. The revenue also beat analysts’ estimates by $5.32 million. The company’s operating earnings and net earnings also grew by 8% and 2%, respectively, on a YoY basis. It also saw solid organic growth in both its Industrial and Expansion Markets segments, driven by improved activity in industrial and semiconductor end markets during the quarter. In the Contractor segment, Corob accounted for a 6% increase and has been performing as anticipated.

Graco Inc. (NYSE:GGG) currently offers a quarterly dividend of $0.275 per share and has a dividend yield of 1.35%, as of April 25. In 2024, the company achieved its 24th consecutive year of dividend growth.