MassMutual Private Wealth & Trust FSB Boosts Holdings in W.W. Grainger, Inc. $GWW

MassMutual Private Wealth & Trust FSB boosted its position in shares of W.W. Grainger, Inc. (NYSE:GWW) by 19.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 383 shares of the industrial products company’s stock after acquiring an additional 63 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in W.W. Grainger were worth $398,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GWW. GAMMA Investing LLC lifted its position in W.W. Grainger by 100,843.0% during the first quarter. GAMMA Investing LLC now owns 692,469 shares of the industrial products company’s stock valued at $684,042,000 after acquiring an additional 691,783 shares during the last quarter. Nuveen LLC purchased a new position in shares of W.W. Grainger in the first quarter worth $285,574,000. JPMorgan Chase & Co. raised its holdings in shares of W.W. Grainger by 10.1% in the first quarter. JPMorgan Chase & Co. now owns 822,411 shares of the industrial products company’s stock worth $812,403,000 after buying an additional 75,644 shares during the last quarter. Kodai Capital Management LP purchased a new position in shares of W.W. Grainger in the first quarter worth $67,601,000. Finally, Interval Partners LP raised its holdings in shares of W.W. Grainger by 1,429.9% in the first quarter. Interval Partners LP now owns 67,957 shares of the industrial products company’s stock worth $67,130,000 after buying an additional 63,515 shares during the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Insider Activity

In other news, SVP Jonny M. Leroy sold 500 shares of W.W. Grainger stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $992.86, for a total value of $496,430.00. Following the sale, the senior vice president owned 1,771 shares in the company, valued at $1,758,355.06. This trade represents a 22.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

GWW has been the subject of a number of research analyst reports. Royal Bank Of Canada decreased their price target on shares of W.W. Grainger from $1,176.00 to $1,007.00 and set a “sector perform” rating for the company in a report on Monday, August 4th. JPMorgan Chase & Co. decreased their price target on shares of W.W. Grainger from $1,125.00 to $1,035.00 and set a “neutral” rating for the company in a report on Thursday, September 4th. Loop Capital decreased their price target on shares of W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating for the company in a report on Monday, August 4th. Finally, Morgan Stanley decreased their price target on shares of W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating for the company in a report on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, W.W. Grainger has an average rating of “Hold” and an average price target of $1,069.13.

W.W. Grainger Stock Up 0.8%

GWW stock opened at $1,005.48 on Friday. The firm has a market cap of $48.09 billion, a PE ratio of 25.51, a P/E/G ratio of 2.89 and a beta of 1.18. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.64 and a current ratio of 2.82. The firm’s fifty day moving average is $1,005.45 and its 200 day moving average is $1,018.62. W.W. Grainger, Inc. has a one year low of $893.99 and a one year high of $1,227.66.

W.W. Grainger (NYSE:GWW) last announced its earnings results on Friday, August 1st. The industrial products company reported $9.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.07 by ($0.10). W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. The company had revenue of $4.55 billion during the quarter, compared to analyst estimates of $4.52 billion. During the same quarter last year, the business earned $9.76 EPS. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. On average, research analysts forecast that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 1st. Stockholders of record on Monday, August 11th were given a $2.26 dividend. The ex-dividend date was Monday, August 11th. This represents a $9.04 annualized dividend and a dividend yield of 0.9%. W.W. Grainger’s dividend payout ratio (DPR) is 22.94%.

W.W. Grainger Company Profile

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.