Hudson Bay Capital Management LP Has $4.50 Million Stock Position in W.W. Grainger, Inc. $GWW

Hudson Bay Capital Management LP lessened its position in shares of W.W. Grainger, Inc. (NYSE:GWW) by 39.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,722 shares of the industrial products company’s stock after selling 3,087 shares during the quarter. Hudson Bay Capital Management LP’s holdings in W.W. Grainger were worth $4,500,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of GWW. Vanguard Group Inc. raised its stake in shares of W.W. Grainger by 1.9% in the third quarter. Vanguard Group Inc. now owns 5,731,880 shares of the industrial products company’s stock valued at $5,462,252,000 after purchasing an additional 104,607 shares in the last quarter. State Street Corp boosted its stake in W.W. Grainger by 0.7% during the third quarter. State Street Corp now owns 1,996,053 shares of the industrial products company’s stock worth $1,902,159,000 after buying an additional 13,779 shares in the last quarter. Parnassus Investments LLC bought a new stake in W.W. Grainger in the 3rd quarter valued at $721,202,000. Northern Trust Corp increased its holdings in W.W. Grainger by 0.5% in the 3rd quarter. Northern Trust Corp now owns 659,158 shares of the industrial products company’s stock valued at $628,151,000 after buying an additional 3,114 shares during the period. Finally, Norges Bank acquired a new position in shares of W.W. Grainger in the 2nd quarter valued at $536,916,000. 80.70% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on GWW. Oppenheimer raised their price objective on shares of 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. Weiss Ratings raised shares of W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. Morgan Stanley raised their price target on shares of W.W. Grainger from $1,100.00 to $1,190.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 3rd. Barclays lifted their price objective on W.W. Grainger from $1,044.00 to $1,047.00 and gave the company an “underweight” rating in a report on Monday, March 16th. Finally, JPMorgan Chase & Co. upped their price objective on W.W. Grainger from $1,100.00 to $1,165.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $1,080.38.

W.W. Grainger Stock Down 0.1%

Shares of NYSE:GWW opened at $1,041.98 on Friday. The company’s fifty day moving average is $1,105.19 and its 200-day moving average is $1,022.45. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.59 and a current ratio of 2.83. W.W. Grainger, Inc. has a 52 week low of $893.99 and a 52 week high of $1,218.63. The company has a market capitalization of $49.32 billion, a PE ratio of 29.44, a P/E/G ratio of 2.20 and a beta of 1.10.

W.W. Grainger (NYSE:GWW) last announced its earnings results on Tuesday, February 3rd. The industrial products company reported $9.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $4.39 billion. During the same quarter last year, the business earned $9.71 EPS. The company’s revenue for the quarter 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. 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 disclosed a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Monday, February 9th were issued a dividend of $2.26 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $9.04 annualized dividend and a dividend yield of 0.9%. W.W. Grainger’s dividend payout ratio (DPR) is presently 25.54%.

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.