Terry Smith acquired 901k Graco shares worth $77.6M. That's 0.34% of their equity portfolio (27th largest holding). Terry Smith started to build up the position in Graco in Q1 2023 and continued to invest until Q2 2023. Since then they sold 329k shares. The stake costed the investor $66.7M, netting the investor a gain of 16% so far.
Graco (NYSE: GGG ) just reported results for the first quarter of 2024. Graco reported earnings per share of 65 cents. This was below the analyst estimate fo...