W.W. Grainger, Inc. $GWW Shares Acquired by Czech National Bank

Czech National Bank boosted its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 4.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,176 shares of the industrial products company’s stock after purchasing an additional 491 shares during the quarter. Czech National Bank’s holdings in W.W. Grainger were worth $10,650,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Grove Bank & Trust increased its stake in shares of W.W. Grainger by 52.6% during the 2nd quarter. Grove Bank & Trust now owns 29 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 10 shares during the last quarter. Ridgewood Investments LLC grew its holdings in W.W. Grainger by 50.0% in the second quarter. Ridgewood Investments LLC now owns 30 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 10 shares during the period. Brighton Jones LLC grew its holdings in W.W. Grainger by 3.3% in the second quarter. Brighton Jones LLC now owns 313 shares of the industrial products company’s stock valued at $326,000 after purchasing an additional 10 shares during the period. Freedom Investment Management Inc. increased its position in W.W. Grainger by 5.4% during the second quarter. Freedom Investment Management Inc. now owns 215 shares of the industrial products company’s stock worth $224,000 after purchasing an additional 11 shares during the last quarter. Finally, Burney Co. raised its stake in W.W. Grainger by 0.6% during the second quarter. Burney Co. now owns 1,757 shares of the industrial products company’s stock worth $1,828,000 after purchasing an additional 11 shares during the period. 80.70% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

GWW has been the subject of several research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of W.W. Grainger in a research note on Monday. Royal Bank Of Canada lifted their target price on W.W. Grainger from $1,006.00 to $1,050.00 and gave the company a “sector perform” rating in a report on Monday, November 3rd. Morgan Stanley dropped their price target on W.W. Grainger from $1,150.00 to $1,100.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 25th. Sanford C. Bernstein began coverage on W.W. Grainger in a report on Wednesday, November 12th. They issued a “market perform” rating and a $975.00 price objective on the stock. Finally, Barclays lifted their price objective on W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a research note on Friday, November 7th. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $1,009.43.

Insiders Place Their Bets

In other W.W. Grainger news, VP Krantz Nancy L. Berardinelli sold 195 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $1,023.93, for a total value of $199,666.35. Following the transaction, the vice president owned 3,174 shares in the company, valued at $3,249,953.82. The trade was a 5.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Donald G. Macpherson sold 14,523 shares of the company’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $972.81, for a total transaction of $14,128,119.63. Following the completion of the transaction, the chief executive officer directly owned 107,862 shares of the company’s stock, valued at approximately $104,929,232.22. The trade was a 11.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 26,881 shares of company stock worth $26,157,155. Corporate insiders own 6.10% of the company’s stock.

W.W. Grainger Trading Up 0.5%

NYSE:GWW opened at $1,025.12 on Friday. The business’s 50-day moving average is $963.92 and its two-hundred day moving average is $995.46. The firm has a market capitalization of $48.74 billion, a PE ratio of 28.75, a price-to-earnings-growth ratio of 2.77 and a beta of 1.11. W.W. Grainger, Inc. has a 12 month low of $893.99 and a 12 month high of $1,139.15. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.72 and a quick ratio of 1.59.

W.W. Grainger (NYSE:GWW) last issued its earnings results on Friday, October 31st. The industrial products company reported $10.21 earnings per share for the quarter, topping the consensus estimate of $9.95 by $0.26. The company had revenue of $4.66 billion during the quarter, compared to the consensus estimate of $4.64 billion. W.W. Grainger had a return on equity of 49.40% and a net margin of 9.75%.The company’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $9.87 earnings per share. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. Research analysts predict that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 10th were given a dividend of $2.26 per share. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Monday, November 10th. W.W. Grainger’s payout ratio is presently 25.35%.

W.W. Grainger Profile

W.W. Grainger, Inc (NYSE: GWW) is an industrial supply distributor founded in 1927 and headquartered in Lake Forest, Illinois. The company supplies maintenance, repair and operations (MRO) products and services to businesses, institutions and government customers. Over its long history Grainger has developed a broad product assortment and a national distribution network that supports operations across a range of end markets, including manufacturing, healthcare, hospitality, transportation and public sector organizations.

Grainger’s product portfolio spans core categories such as electrical and lighting, safety and personal protective equipment, material handling, motors and power transmission, plumbing and HVAC, fasteners and adhesives, hand and power tools, and janitorial and facility supplies.