Shares of Gorman-Rupp (NYSE:GRC) surged 7.6% after reporting record second-quarter results, with earnings of $0.60 per share on $179 million in revenue. Sales to the municipal market increased by $3.5 million due to infrastructure investment, leading to a positive outlook for the second half of the year. The stock has had minimal volatility over the last year, indicating the market views this news as significant. President Trump’s trade policies and potential economic impact create additional market risk. Gorman-Rupp is up 11.2% year-to-date and trading near its 52-week high. Investors who purchased shares 5 years ago have seen a 29.5% return.

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