Q4 2024 EPS Estimates for W.W. Grainger, Inc. Lifted by Zacks Research (NYSE:GWW)

W.W. Grainger, Inc. (NYSE:GWW) – Stock analysts at Zacks Research increased their Q4 2024 earnings estimates for W.W. Grainger in a research note issued to investors on Friday, April 19th. Zacks Research analyst S. Deb now anticipates that the industrial products company will post earnings of $9.20 per share for the quarter, up from their prior estimate of $9.19. The consensus estimate for W.W. Grainger’s current full-year earnings is $39.26 per share. Zacks Research also issued estimates for W.W. Grainger’s Q1 2025 earnings at $10.18 EPS, Q2 2025 earnings at $10.80 EPS, Q3 2025 earnings at $10.60 EPS, Q4 2025 earnings at $10.51 EPS, FY2025 earnings at $42.09 EPS and Q1 2026 earnings at $11.03 EPS.

A number of other brokerages have also recently issued reports on GWW. Oppenheimer lifted their target price on shares of W.W. Grainger from $1,075.00 to $1,125.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 5th. Stephens lifted their target price on shares of W.W. Grainger from $775.00 to $1,000.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 6th. JPMorgan Chase & Co. lifted their target price on shares of W.W. Grainger from $800.00 to $925.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 6th. StockNews.com upgraded shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Saturday, March 16th. Finally, UBS Group lifted their target price on shares of W.W. Grainger from $740.00 to $1,000.00 and gave the stock a “neutral” rating in a research report on Thursday, March 14th. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $913.89.

W.W. Grainger Stock Up 0.5 %

GWW stock opened at $942.65 on Monday. The company has a current ratio of 2.88, a quick ratio of 1.64 and a debt-to-equity ratio of 0.66. The company has a market cap of $46.31 billion, a P/E ratio of 26.03, a P/E/G ratio of 1.85 and a beta of 1.14. The company’s 50-day moving average price is $979.43 and its 200 day moving average price is $868.07. W.W. Grainger has a 52 week low of $641.95 and a 52 week high of $1,034.18.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings data on Friday, February 2nd. The industrial products company reported $8.33 EPS for the quarter, topping analysts’ consensus estimates of $8.05 by $0.28. The firm had revenue of $4 billion for the quarter, compared to the consensus estimate of $4.04 billion. W.W. Grainger had a net margin of 11.10% and a return on equity of 56.54%. The firm’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $7.14 earnings per share.

Hedge Funds Weigh In On W.W. Grainger

Institutional investors and hedge funds have recently bought and sold shares of the stock. OFI Invest Asset Management acquired a new position in W.W. Grainger during the third quarter worth approximately $25,000. Clear Street Markets LLC purchased a new stake in W.W. Grainger during the fourth quarter worth approximately $26,000. Scarborough Advisors LLC purchased a new stake in W.W. Grainger during the fourth quarter worth approximately $28,000. Retirement Group LLC grew its stake in W.W. Grainger by 2,450.0% during the fourth quarter. Retirement Group LLC now owns 51 shares of the industrial products company’s stock worth $28,000 after buying an additional 49 shares during the period. Finally, Coppell Advisory Solutions Corp. purchased a new position in shares of W.W. Grainger in the fourth quarter valued at $29,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

Insider Activity

In other news, VP Paige K. Robbins sold 3,813 shares of the business’s stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $968.88, for a total value of $3,694,339.44. Following the completion of the transaction, the vice president now owns 4,909 shares of the company’s stock, valued at $4,756,231.92. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In related news, VP Paige K. Robbins sold 3,813 shares of the company’s stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $968.88, for a total transaction of $3,694,339.44. Following the completion of the transaction, the vice president now owns 4,909 shares of the company’s stock, valued at $4,756,231.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Paige K. Robbins sold 3,122 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $950.22, for a total transaction of $2,966,586.84. Following the transaction, the vice president now directly owns 4,909 shares of the company’s stock, valued at approximately $4,664,629.98. The disclosure for this sale can be found here. Company insiders own 9.50% of the company’s stock.

W.W. Grainger Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 12th were given a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date was Friday, February 9th. W.W. Grainger’s dividend payout ratio is presently 20.55%.

About W.W. Grainger

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.