Boston Trust Walden Corp Has $50.76 Million Stake in W.W. Grainger, Inc. $GWW

Boston Trust Walden Corp reduced its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 9.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 53,264 shares of the industrial products company’s stock after selling 5,450 shares during the quarter. Boston Trust Walden Corp owned about 0.11% of W.W. Grainger worth $50,758,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its position in W.W. Grainger by 46.8% in the 4th quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock worth $338,000 after buying an additional 102 shares during the period. Evergreen Capital Management LLC grew its stake in shares of W.W. Grainger by 39.2% in the first quarter. Evergreen Capital Management LLC now owns 334 shares of the industrial products company’s stock worth $330,000 after acquiring an additional 94 shares during the last quarter. Nomura Holdings Inc. increased its position in W.W. Grainger by 33.5% during the first quarter. Nomura Holdings Inc. now owns 3,272 shares of the industrial products company’s stock worth $3,232,000 after acquiring an additional 821 shares during the period. EP Wealth Advisors LLC increased its position in W.W. Grainger by 2.7% during the first quarter. EP Wealth Advisors LLC now owns 8,505 shares of the industrial products company’s stock worth $8,402,000 after acquiring an additional 226 shares during the period. Finally, Federation des caisses Desjardins du Quebec raised its stake in W.W. Grainger by 18.4% during the 1st quarter. Federation des caisses Desjardins du Quebec now owns 5,192 shares of the industrial products company’s stock valued at $5,130,000 after purchasing an additional 806 shares during the last quarter. 80.70% of the stock is currently owned by institutional investors.

W.W. Grainger Trading Up 0.2%

GWW stock opened at $1,026.39 on Tuesday. W.W. Grainger, Inc. has a 1-year low of $893.99 and a 1-year high of $1,139.15. The company has a current ratio of 2.72, a quick ratio of 1.59 and a debt-to-equity ratio of 0.60. The business’s 50 day moving average is $972.65 and its 200-day moving average is $991.90. The firm has a market cap of $48.80 billion, a P/E ratio of 28.78, a P/E/G ratio of 2.78 and a beta of 1.11.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings results on Friday, October 31st. The industrial products company reported $10.21 earnings per share for the quarter, beating analysts’ consensus estimates of $9.95 by $0.26. W.W. Grainger had a return on equity of 49.40% and a net margin of 9.75%.The firm had revenue of $4.66 billion for the quarter, compared to analysts’ expectations of $4.64 billion. During the same period in the prior year, the business posted $9.87 earnings per share. The business’s revenue was up 6.1% compared to the same quarter last year. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. Equities analysts anticipate 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 declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 10th were issued a dividend of $2.26 per share. This represents a $9.04 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Monday, November 10th. W.W. Grainger’s dividend payout ratio (DPR) is currently 25.35%.

Analyst Upgrades and Downgrades

GWW has been the topic of several research reports. JPMorgan Chase & Co. boosted 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 began coverage on W.W. Grainger in a research report on Wednesday, November 12th. They set a “market perform” rating and a $975.00 target price on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of W.W. Grainger in a research note on Monday, December 22nd. Barclays upped their price target on W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a report on Friday, November 7th. Finally, Royal Bank Of Canada lifted their price objective on 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. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $1,009.43.

Insider Transactions at W.W. Grainger

In other W.W. Grainger news, CEO Donald G. Macpherson sold 14,523 shares of the business’s stock in a transaction dated 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. The trade was a 11.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Krantz Nancy L. Berardinelli sold 195 shares of the firm’s stock in a transaction that occurred 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 sale, the vice president directly owned 3,174 shares of the company’s stock, valued at approximately $3,249,953.82. The trade was a 5.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 26,881 shares of company stock worth $26,157,155. Company insiders own 6.10% of the company’s stock.

About W.W. Grainger

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.