W.W. Grainger, Inc. $GWW Shares Bought by Railway Pension Investments Ltd

Railway Pension Investments Ltd lifted its position in shares of W.W. Grainger, Inc. (NYSE:GWW) by 3.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 63,088 shares of the industrial products company’s stock after buying an additional 2,200 shares during the period. Railway Pension Investments Ltd owned approximately 0.13% of W.W. Grainger worth $60,120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the business. Hilltop National Bank acquired a new stake in W.W. Grainger during the second quarter worth $25,000. Quaker Wealth Management LLC lifted its stake in shares of W.W. Grainger by 196.0% in the 2nd 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 last quarter. Brown Lisle Cummings Inc. grew its holdings in shares of W.W. Grainger by 316.7% during the 2nd 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 during the period. Loomis Sayles & Co. L P acquired a new stake in shares of W.W. Grainger during the 2nd quarter worth about $27,000. Finally, Asset Dedication LLC increased its position in shares of W.W. Grainger by 136.4% during the 2nd quarter. Asset Dedication LLC now owns 26 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 15 shares during the last quarter. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

GWW has been the subject of several research analyst reports. Sanford C. Bernstein initiated 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 for the company. Barclays boosted their price target on shares of W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a research note on Friday, November 7th. 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 lifted their target price on shares of 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. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of W.W. Grainger in a research note on Monday, December 29th. One 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 stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $1,009.43.

W.W. Grainger Price Performance

Shares of GWW opened at $1,004.06 on Monday. The company has a market cap of $47.74 billion, a P/E ratio of 28.16, a PEG ratio of 2.46 and a beta of 1.12. 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. The firm’s 50 day moving average price is $976.05 and its 200 day moving average price is $990.64.

W.W. Grainger (NYSE:GWW) last posted its quarterly 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 business had revenue of $4.66 billion during the quarter, compared to the consensus estimate of $4.64 billion. W.W. Grainger had a net margin of 9.75% and a return on equity of 49.40%. The company’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $9.87 earnings per share. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. On average, research analysts forecast that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 10th were paid a $2.26 dividend. This represents a $9.04 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Monday, November 10th. W.W. Grainger’s dividend payout ratio (DPR) is presently 25.35%.

Insider Activity

In other news, CEO Donald G. Macpherson sold 14,523 shares of W.W. Grainger stock in a transaction on 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 sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction, 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 26,881 shares of company stock valued at $26,157,155 in the last quarter. Company insiders own 6.10% of the company’s stock.

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.