Claudio  Merengo net worth and biography

Claudio Merengo Biography and Net Worth

President, Worldwide Powder Division of Graco
Claudio Merengo became President, Worldwide Powder Division in February 2024. He was previously President, Worldwide Gema from 2007 to February 2024. During this time, he also served as Group President, ITW Finishing from 2010 to 2012 and Group President, ITW Dynatec from 2008 to 2009. From 2004 to 2007 he was President, Gema Europe. From 1999 to 2004, he was Managing Director, Gema Italy. From 1994 to 1999, he held different positions in R&D, Sales and After Sales for Gema. He joined Gema in 1994. Gema has been part of Graco since the acquisition of the ITW Finishing Group in 2012.

What is Claudio Merengo's net worth?

The estimated net worth of Claudio Merengo is at least $1.51 million as of February 28th, 2024. Merengo owns 18,847 shares of Graco stock worth more than $1,508,325 as of September 7th. This net worth estimate does not reflect any other assets that Merengo may own. Learn More about Claudio Merengo's net worth.

How do I contact Claudio Merengo?

The corporate mailing address for Merengo and other Graco executives is 88 - 11TH AVENUE N.E., MINNEAPOLIS MN, 55413. Graco can also be reached via phone at (612) 623-6000 and via email at [email protected]. Learn More on Claudio Merengo's contact information.

Has Claudio Merengo been buying or selling shares of Graco?

Claudio Merengo has not been actively trading shares of Graco over the course of the past ninety days. Most recently, Claudio Merengo sold 5,312 shares of the business's stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $90.04, for a transaction totalling $478,292.48. Following the completion of the sale, the insider now directly owns 18,847 shares of the company's stock, valued at $1,696,983.88. Learn More on Claudio Merengo's trading history.

Who are Graco's active insiders?

Graco's insider roster includes David Ahlers (EVP), Caroline Chambers (Insider), Eric Etchart (Director), Jody Feragen (Director), Karen Gallivan (EVP), Anthony Gargano (President, Asia Pacific), J. Gilligan (Director), Dale Johnson (Insider), Jeffrey Johnson (Insider), David Lowe (CFO), Patrick McHale (CEO), Claudio Merengo (President, Worldwide Powder Division), Lee Mitau (Director), Martha Morfitt (Director), Peter O'Shea (President, Worldwide Lubrication Equipment Division), Christian Rothe (Insider), Kathryn Schoenrock (EVP), Mark Sheahan (CFO), R. Van Sant (Director), Timothy White (Insider), Angela Wordell (EVP), and Brian Zumbolo (Insider). Learn More on Graco's active insiders.

Are insiders buying or selling shares of Graco?

During the last twelve months, insiders at the industrial products company sold shares 15 times. They sold a total of 109,982 shares worth more than $9,189,727.39. The most recent insider tranaction occured on May, 6th when insider Peter J O'shea sold 0 shares worth more than $0.00. Insiders at Graco own 2.6% of the company. Learn More about insider trades at Graco.

Information on this page was last updated on 5/6/2024.

Claudio Merengo Insider Trading History at Graco

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/28/2024Sell5,312$90.04$478,292.4818,847View SEC Filing Icon  
2/26/2024Sell12,652$90.02$1,138,933.0418,847View SEC Filing Icon  
5/1/2023Sell21,793$80.32$1,750,413.7618,286View SEC Filing Icon  
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Claudio Merengo Buying and Selling Activity at Graco

This chart shows Claudio Merengo's buying and selling at Graco by year and by quarter.

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Graco Company Overview

Graco logo
Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The Contractor segment offers sprayers to apply paint to walls and other structures; two-component proportioning systems that are used to spray polyurethane foam and polyurea coatings; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors. The Industrial segment provides liquid finishing equipment, paint circulating and supply pumps, paint circulating advanced control systems, plural component coating proportioners, and accessories and spare parts; equipment that pumps, meters, mixes and dispenses sealant, adhesive, and composite materials; and gel-coat equipment, chop and wet-out systems, resin transfer molding systems and applicators, and precision dispensing solutions. It also offers powder finishing products to coat powder finishing on metals under the Gema and SAT brands. The Process segment provides pumps to move and dispense chemicals, water, wastewater, petroleum, food, lubricants, and other fluids; pressure valves used in the oil and natural gas industry, other industrial processes, and research facilities; and chemical injection pumping solutions for injection of chemicals into producing oil wells and pipelines. It also supplies pumps, hose reels, meters, valves, and accessories for fast oil change facilities, service garages, fleet service centers, automobile dealerships, auto parts stores, truck builders, and heavy equipment service centers; and systems, components, and accessories for the automatic lubrication of bearings, gears, and generators in industrial and commercial equipment, compressors, turbines, and on- and off-road vehicles. It sells its products through distributors, original equipment manufacturers, and home center channels, as well as to end-users. The company was incorporated in 1926 and is headquartered in Minneapolis, Minnesota.
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Today's Range

Now: $80.03
Low: $79.53
High: $80.66

50 Day Range

MA: $81.18
Low: $77.85
High: $85.05

2 Week Range

Now: $80.03
Low: $69.78
High: $94.77

Volume

702,096 shs

Average Volume

737,576 shs

Market Capitalization

$13.54 billion

P/E Ratio

27.60

Dividend Yield

1.25%

Beta

0.81