Gorman-Rupp Company (GRC)

In the past six months, Gorman-Rupp reported strong second-quarter 2025 results with record net sales, net income, and incoming orders, leading to a new 52-week high. Third-quarter 2025 results showed increased net sales but missed analyst expectations for earnings per share and revenue, causing a stock price drop. The company maintained consistent dividend payments and reported a significant rise in its order backlog. Strategic initiatives, such as optimizing its National Pump Company (NPC) footprint, were also underway to improve profitability.

While specific seasonality details are not explicitly detailed, Gorman-Rupp experiences strong demand driven by municipal markets, data center-related industrial applications, and infrastructure spending. Declines in construction and petroleum markets can offset some gains, indicating demand is influenced by sector-specific volatility rather than purely seasonal patterns. The company's growing order backlog indicates strong ongoing demand.

The Gorman-Rupp Co. designs, manufactures, and markets pumps and pump systems for various liquid-handling applications within the Industrials sector, specifically the Industrial Products industry. Its product portfolio includes self-priming centrifugal, standard centrifugal, and other pump types, serving markets such as water, wastewater, construction, industrial, petroleum, OEM, agriculture, fire suppression, HVAC, and military applications. The company operates through Water and Industrial segments.

Headquartered in Mansfield, Ohio, USA, The Gorman-Rupp Co. has an international presence with operations in countries including Canada, the Netherlands, Belgium, Ireland, and South Africa. Its products are sold in approximately 140 countries globally through various channels, including subsidiaries, distributors, representatives, catalogs, direct sales, retailers, and e-commerce.

The Gorman-Rupp Co. maintains a strong brand reputation built on product quality, technological leadership, financial resilience, a diverse product portfolio, and global reach. It is recognized as a "Dividend King" for increasing its annual dividend for 52 consecutive years. Despite a recent earnings miss, analysts generally maintain a positive outlook with a consensus "Buy" rating.

Institutional investors hold a significant portion of The Gorman-Rupp Co.’s stock, owning over 50%. Major institutional holders include The Vanguard Group, Inc., Blackrock, Inc., and Dimensional Fund Advisors LP. Jeffrey Gorman is the largest individual shareholder, holding 10% of the shares outstanding, followed by Gayle Green with 9.5%.