Shares of W.W. Grainger, Inc. (NYSE:GWW – Get Free Report) have earned an average rating of “Hold” from the eleven ratings firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $1,230.1111.
A number of analysts recently issued reports on the company. Royal Bank Of Canada increased their target price on W.W. Grainger from $1,337.00 to $1,460.00 and gave the stock a “sector perform” rating in a research note on Thursday. Wolfe Research raised shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. DA Davidson began coverage on shares of W.W. Grainger in a report on Tuesday, June 16th. They issued a “neutral” rating and a $1,250.00 price target for the company. Weiss Ratings raised shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Finally, Morgan Stanley raised their price objective on shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 27th.
View Our Latest Stock Report on W.W. Grainger
W.W. Grainger Stock Down 0.7%
W.W. Grainger (NYSE:GWW – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The industrial products company reported $11.65 EPS for the quarter, topping analysts’ consensus estimates of $10.21 by $1.44. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.The company had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same quarter last year, the firm posted $9.86 earnings per share. W.W. Grainger’s revenue was up 10.1% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. As a group, equities analysts expect that W.W. Grainger will post 45.46 earnings per share for the current year.
W.W. Grainger Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 11th were issued a dividend of $2.49 per share. This is a boost from W.W. Grainger’s previous quarterly dividend of $2.26. The ex-dividend date was Monday, May 11th. This represents a $9.96 dividend on an annualized basis and a yield of 0.7%. W.W. Grainger’s dividend payout ratio is currently 26.79%.
Insider Buying and Selling at W.W. Grainger
In other W.W. Grainger news, VP Laurie R. Thomson sold 313 shares of W.W. Grainger stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $1,231.69, for a total value of $385,518.97. Following the sale, the vice president owned 399 shares of the company’s stock, valued at $491,444.31. This trade represents a 43.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Paige K. Robbins sold 1,457 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,232.29, for a total value of $1,795,446.53. Following the completion of the sale, the vice president owned 2,232 shares in the company, valued at approximately $2,750,471.28. This trade represents a 39.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,624 shares of company stock valued at $3,232,291 in the last 90 days. 6.30% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On W.W. Grainger
Several institutional investors have recently bought and sold shares of GWW. Insight Wealth Strategies LLC boosted its position in W.W. Grainger by 1.2% during the 2nd quarter. Insight Wealth Strategies LLC now owns 5,341 shares of the industrial products company’s stock worth $7,147,000 after acquiring an additional 64 shares during the last quarter. Tema ETFs LLC lifted its position in shares of W.W. Grainger by 10.1% in the second quarter. Tema ETFs LLC now owns 1,585 shares of the industrial products company’s stock worth $2,156,000 after purchasing an additional 145 shares in the last quarter. E. Ohman J or Asset Management AB lifted its position in shares of W.W. Grainger by 1.1% in the second quarter. E. Ohman J or Asset Management AB now owns 35,180 shares of the industrial products company’s stock worth $47,859,000 after purchasing an additional 399 shares in the last quarter. Handelsbanken Fonder AB boosted its holdings in W.W. Grainger by 48.5% during the second quarter. Handelsbanken Fonder AB now owns 22,328 shares of the industrial products company’s stock worth $30,375,000 after purchasing an additional 7,297 shares during the last quarter. Finally, Vista Investment Partners LLC boosted its holdings in W.W. Grainger by 3.4% during the second quarter. Vista Investment Partners LLC now owns 3,519 shares of the industrial products company’s stock worth $4,787,000 after purchasing an additional 116 shares during the last quarter. Institutional investors own 80.70% of the company’s stock.
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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