California Public Employees Retirement System raised its position in W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 34.9% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 135,643 shares of the industrial products company’s stock after acquiring an additional 35,061 shares during the period. California Public Employees Retirement System owned about 0.29% of W.W. Grainger worth $129,262,000 as of its most recent filing with the SEC.
A number of other large investors have also recently bought and sold shares of GWW. Accredited Investors Inc. acquired a new stake in shares of W.W. Grainger in the third quarter valued at approximately $25,000. Loomis Sayles & Co. L P acquired a new position in W.W. Grainger during the second quarter worth $27,000. Asset Dedication LLC boosted its holdings in W.W. Grainger by 136.4% during 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 last quarter. Ameriflex Group Inc. boosted its holdings in W.W. Grainger by 211.1% during the third quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 19 shares during the last quarter. Finally, State of Wyoming boosted its holdings in W.W. Grainger by 650.0% during the second quarter. State of Wyoming now owns 45 shares of the industrial products company’s stock worth $47,000 after purchasing an additional 39 shares during the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.
Insider Buying and Selling
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 transaction of $199,666.35. Following the completion of the transaction, the vice president owned 3,174 shares in the company, valued at approximately $3,249,953.82. This trade represents a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 6.30% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Research Report on GWW
W.W. Grainger Price Performance
NYSE:GWW opened at $1,074.61 on Monday. The stock has a market capitalization of $50.86 billion, a PE ratio of 30.36, a P/E/G ratio of 2.26 and a beta of 1.09. W.W. Grainger, Inc. has a 1-year low of $893.99 and a 1-year high of $1,218.63. The firm has a fifty day simple moving average of $1,102.30 and a 200 day simple moving average of $1,021.18. The company has a current ratio of 2.83, a quick ratio of 1.59 and a debt-to-equity ratio of 0.57.
W.W. Grainger (NYSE:GWW – Get Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $9.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.46 by ($0.01). W.W. Grainger had a return on equity of 47.46% and a net margin of 9.51%.The firm had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.39 billion. During the same period last year, the company posted $9.71 earnings per share. The business’s revenue was up 4.5% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. On average, research analysts expect that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.
W.W. Grainger Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Monday, February 9th were paid a $2.26 dividend. This represents a $9.04 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, February 9th. W.W. Grainger’s dividend payout ratio (DPR) is 25.54%.
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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