Avanza Fonder AB Raises Stock Holdings in W.W. Grainger, Inc. $GWW

Avanza Fonder AB increased its stake in W.W. Grainger, Inc. (NYSE:GWW) by 17.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,827 shares of the industrial products company’s stock after purchasing an additional 702 shares during the period. Avanza Fonder AB’s holdings in W.W. Grainger were worth $4,871,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Accredited Investors Inc. bought a new stake in W.W. Grainger during the third quarter valued at approximately $25,000. Loomis Sayles & Co. L P bought a new position in shares of W.W. Grainger in the 2nd quarter worth $27,000. Asset Dedication LLC raised 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 valued at $27,000 after buying an additional 15 shares in the last quarter. Ameriflex Group Inc. lifted its holdings in shares of W.W. Grainger by 211.1% during the 3rd quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 19 shares during the last quarter. Finally, Harbor Investment Advisory LLC lifted its holdings in shares of W.W. Grainger by 314.3% during the 4th quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 22 shares during the last quarter. 80.70% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Morgan Stanley increased their target price on W.W. Grainger from $1,100.00 to $1,190.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 3rd. Barclays lifted their price target on W.W. Grainger from $1,044.00 to $1,047.00 and gave the stock an “underweight” rating in a research note on Monday, March 16th. Oppenheimer upped their price objective 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. boosted their target price 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 raised W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, W.W. Grainger currently has an average rating of “Hold” and a consensus price target of $1,080.38.

W.W. Grainger Price Performance

Shares of NYSE:GWW opened at $1,064.31 on Wednesday. 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 stock has a market cap of $50.37 billion, a PE ratio of 30.07, a PEG ratio of 2.22 and a beta of 1.10. The company’s fifty day moving average is $1,106.14 and its 200 day moving average is $1,023.17. W.W. Grainger, Inc. has a 52 week low of $893.99 and a 52 week high of $1,218.63.

W.W. Grainger (NYSE:GWW) 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). The business had revenue of $4.43 billion for the quarter, compared to analysts’ expectations of $4.39 billion. W.W. Grainger had a net margin of 9.51% and a return on equity of 47.46%. The business’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $9.71 earnings per share. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. Research analysts anticipate that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Monday, February 9th were paid a $2.26 dividend. This represents a $9.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, February 9th. W.W. Grainger’s payout ratio is 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.