Blair William & Co. IL lifted its position in W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 2.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,404 shares of the industrial products company’s stock after acquiring an additional 1,122 shares during the period. Blair William & Co. IL owned approximately 0.12% of W.W. Grainger worth $54,704,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of GWW. Loomis Sayles & Co. L P bought a new stake in W.W. Grainger in the second quarter valued at approximately $27,000. Asset Dedication LLC raised its holdings in W.W. Grainger by 136.4% in the second 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 period. Accredited Investors Inc. bought a new position in shares of W.W. Grainger during the third quarter worth $25,000. Tobam boosted its position in shares of W.W. Grainger by 3,900.0% during the second quarter. Tobam now owns 40 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 39 shares in the last quarter. Finally, State of Wyoming grew its holdings in shares of W.W. Grainger by 650.0% in the 2nd quarter. State of Wyoming now owns 45 shares of the industrial products company’s stock valued at $47,000 after buying an additional 39 shares during the period. Institutional investors own 80.70% of the company’s stock.
Analysts Set New Price Targets
A number of analysts recently commented on GWW shares. Morgan Stanley upped their price objective on shares of W.W. Grainger from $1,100.00 to $1,190.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 3rd. Sanford C. Bernstein assumed coverage on W.W. Grainger in a research note on Wednesday, November 12th. They issued a “market perform” rating and a $975.00 target price for the company. Oppenheimer increased their price target on W.W. Grainger from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. JPMorgan Chase & Co. raised their price target on W.W. Grainger from $1,100.00 to $1,165.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Finally, Weiss Ratings upgraded W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $1,071.38.
W.W. Grainger Stock Down 2.9%
Shares of GWW stock opened at $1,112.28 on Friday. W.W. Grainger, Inc. has a 12-month low of $893.99 and a 12-month high of $1,218.63. The company has a quick ratio of 1.59, a current ratio of 2.83 and a debt-to-equity ratio of 0.57. The firm has a fifty day moving average of $1,093.92 and a 200-day moving average of $1,018.00. The company has a market capitalization of $52.69 billion, a price-to-earnings ratio of 31.43, a P/E/G ratio of 2.35 and a beta of 1.10.
W.W. Grainger (NYSE:GWW – Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $9.45 EPS for the quarter, missing the consensus estimate of $9.46 by ($0.01). The company had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $4.39 billion. W.W. Grainger had a net margin of 9.51% and a return on equity of 47.46%. The company’s revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $9.71 earnings per share. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. As a group, equities research analysts predict that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.
W.W. Grainger Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Monday, February 9th were issued a $2.26 dividend. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, February 9th. W.W. Grainger’s payout ratio is 25.54%.
Insider Buying and Selling at W.W. Grainger
In other news, VP Krantz Nancy L. Berardinelli sold 195 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $3,249,953.82. This represents a 5.79% 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. 6.10% of the stock is owned by corporate insiders.
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.
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