W.W. Grainger, Inc. $GWW Shares Sold by FSM Wealth Advisors LLC

FSM Wealth Advisors LLC cut its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 54.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 616 shares of the industrial products company’s stock after selling 750 shares during the quarter. FSM Wealth Advisors LLC’s holdings in W.W. Grainger were worth $587,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Hilltop National Bank purchased a new stake in W.W. Grainger in the 2nd quarter worth $25,000. Quaker Wealth Management LLC grew its position in shares of W.W. Grainger by 196.0% in the second quarter. Quaker Wealth Management LLC now owns 24 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 49 shares during the period. Brown Lisle Cummings Inc. increased its stake in shares of W.W. Grainger by 316.7% during the second quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 19 shares in the last quarter. Loomis Sayles & Co. L P acquired a new position in shares of W.W. Grainger during the 2nd quarter worth about $27,000. Finally, Asset Dedication LLC lifted its stake in W.W. Grainger by 136.4% in the 2nd quarter. Asset Dedication LLC now owns 26 shares of the industrial products company’s stock valued at $27,000 after buying an additional 15 shares in the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Insider Buying and Selling

In other news, VP Krantz Nancy L. Berardinelli sold 195 shares of the 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 directly owned 3,174 shares in the company, valued at approximately $3,249,953.82. This represents a 5.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Donald G. Macpherson sold 14,523 shares of the firm’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $972.81, for a total value of $14,128,119.63. Following the sale, the chief executive officer directly owned 107,862 shares of the company’s stock, valued at $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. Insiders sold 26,881 shares of company stock worth $26,157,155 over the last quarter. 6.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on GWW shares. Barclays increased their target price on W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a report on Friday, November 7th. Weiss Ratings restated a “hold (c+)” rating on shares of W.W. Grainger in a report on Monday, December 22nd. Sanford C. Bernstein started coverage on shares of W.W. Grainger in a research note on Wednesday, November 12th. They set a “market perform” rating and a $975.00 target price on the stock. JPMorgan Chase & Co. increased their target price on shares of W.W. Grainger from $1,035.00 to $1,050.00 and gave the company a “neutral” rating in a research report on Wednesday, October 15th. Finally, Morgan Stanley lowered their price target on shares of W.W. Grainger from $1,150.00 to $1,100.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 25th. One analyst has rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $1,009.43.

W.W. Grainger Stock Down 0.7%

Shares of GWW opened at $1,023.98 on Monday. W.W. Grainger, Inc. has a 52-week low of $893.99 and a 52-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. The stock has a fifty day simple moving average of $971.53 and a two-hundred day simple moving average of $992.28. The company has a market capitalization 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.

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

W.W. Grainger Announces Dividend

The company also recently declared 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 annualized dividend 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 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.