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flag Investors boost stakes in Graco Inc., an industrial firm with a market cap of $12.73 billion, despite lower earnings.

flag Massachusetts Financial Services Co. and other firms have increased their stakes in Graco Inc., an industrial products company. flag The stock, which opened at $75.70 on Friday, has a market cap of $12.73 billion and a P/E ratio of 26.84. flag Graco reported a lower-than-expected $0.64 EPS for the recent quarter, and analysts predict 3.06 EPS for the year. flag The company also announced a quarterly dividend of $0.275 per share, payable on May 7th.

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