Brendel Financial Advisors LLC Has $416,000 Stake in W.W. Grainger, Inc. $GWW

Brendel Financial Advisors LLC lowered its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 86.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 437 shares of the industrial products company’s stock after selling 2,757 shares during the period. Brendel Financial Advisors LLC’s holdings in W.W. Grainger were worth $416,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Grove Bank & Trust increased its stake in shares of W.W. Grainger by 52.6% in 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% during 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 increased its stake 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 in the last quarter. Freedom Investment Management Inc. raised its holdings in W.W. Grainger by 5.4% in 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 period. Finally, Burney Co. boosted its position in shares of 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 in the last quarter. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently commented on GWW shares. Barclays upped their price objective on shares of W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a research report on Friday, November 7th. Morgan Stanley lowered 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 report on Tuesday, November 25th. Weiss Ratings reiterated a “hold (c+)” rating on shares of W.W. Grainger in a report on Monday. Sanford C. Bernstein began coverage on W.W. Grainger in a research note on Wednesday, November 12th. They set a “market perform” rating and a $975.00 target price for the company. Finally, 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. One investment 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $1,009.43.

W.W. Grainger Stock Down 0.4%

GWW stock opened at $1,021.92 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.72 and a quick ratio of 1.59. The stock has a market capitalization of $48.59 billion, a P/E ratio of 28.66, a P/E/G ratio of 2.79 and a beta of 1.11. W.W. Grainger, Inc. has a fifty-two week low of $893.99 and a fifty-two week high of $1,139.15. The business has a 50-day moving average of $973.64 and a 200-day moving average of $991.61.

W.W. Grainger (NYSE:GWW) last released its earnings results on Friday, October 31st. The industrial products company reported $10.21 EPS for the quarter, beating the consensus estimate 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 quarter in the previous year, the business posted $9.87 EPS. The business’s quarterly 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. On average, sell-side 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 firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 10th were given a $2.26 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $9.04 dividend on an annualized basis and a yield of 0.9%. W.W. Grainger’s dividend payout ratio (DPR) is 25.35%.

Insider Buying and Selling at W.W. Grainger

In related news, VP Krantz Nancy L. Berardinelli sold 195 shares of W.W. Grainger stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $1,023.93, for a total value of $199,666.35. Following the sale, the vice president 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Donald G. Macpherson sold 12,163 shares of the company’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $972.57, for a total value of $11,829,368.91. Following the sale, the chief executive officer owned 103,885 shares in the company, valued at $101,035,434.45. The trade was a 10.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 26,881 shares of company stock worth $26,157,155 over the last quarter. Company insiders own 6.10% of the company’s stock.

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.