W.W. Grainger, Inc. $GWW Stock Holdings Raised by Cadinha & Co. LLC

Cadinha & Co. LLC grew its stake in W.W. Grainger, Inc. (NYSE:GWW) by 470.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,447 shares of the industrial products company’s stock after purchasing an additional 11,916 shares during the quarter. W.W. Grainger makes up approximately 1.9% of Cadinha & Co. LLC’s holdings, making the stock its 26th biggest holding. Cadinha & Co. LLC’s holdings in W.W. Grainger were worth $13,768,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

A number of research firms have commented on GWW. JPMorgan Chase & Co. lifted their price objective on shares of W.W. Grainger from $1,035.00 to $1,050.00 and gave the stock a “neutral” rating in a report on Wednesday, October 15th. Sanford C. Bernstein initiated coverage on shares of W.W. Grainger in a report on Wednesday, November 12th. They issued a “market perform” rating and a $975.00 price target for the company. Morgan Stanley lowered their price objective on shares of W.W. Grainger from $1,150.00 to $1,100.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 25th. Royal Bank Of Canada raised their target price on shares of W.W. Grainger from $1,006.00 to $1,050.00 and gave the stock a “sector perform” rating in a report on Monday, November 3rd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of W.W. Grainger in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and an average target price 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 stock was sold at an average price of $1,023.93, for a total transaction of $199,666.35. Following the completion of the transaction, the vice president owned 3,174 shares in the company, valued at approximately $3,249,953.82. The trade was a 5.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Donald G. Macpherson sold 14,523 shares of the firm’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $972.81, for a total value of $14,128,119.63. Following the transaction, the chief executive officer directly owned 107,862 shares in the company, valued at $104,929,232.22. This trade represents a 11.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 26,881 shares of company stock valued at $26,157,155 in the last quarter. 6.10% of the stock is currently owned by insiders.

W.W. Grainger Stock Down 0.7%

GWW stock opened at $1,023.98 on Friday. The stock has a market cap of $48.69 billion, a PE ratio of 28.72, a price-to-earnings-growth ratio of 2.78 and a beta of 1.11. The firm’s 50-day simple moving average is $971.53 and its 200 day simple moving average is $992.88. W.W. Grainger, Inc. has a fifty-two week low of $893.99 and a fifty-two week high of $1,139.15. The company has a quick ratio of 1.59, a current ratio of 2.72 and a debt-to-equity ratio of 0.60.

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

W.W. Grainger Announces Dividend

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

W.W. Grainger Company 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.