Barclays PLC Sells 70,739 Shares of W.W. Grainger, Inc. $GWW

Barclays PLC lowered its stake in W.W. Grainger, Inc. (NYSE:GWW) by 46.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 80,534 shares of the industrial products company’s stock after selling 70,739 shares during the period. Barclays PLC owned 0.17% of W.W. Grainger worth $76,746,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Loomis Sayles & Co. L P bought a new stake in W.W. Grainger in the second quarter worth $27,000. Asset Dedication LLC increased its holdings in shares of W.W. Grainger by 136.4% during the second quarter. Asset Dedication LLC now owns 26 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 15 shares in the last quarter. Accredited Investors Inc. bought a new position in shares of W.W. Grainger during the third quarter valued at $25,000. Tobam raised its position in shares of W.W. Grainger by 3,900.0% in the 2nd quarter. Tobam now owns 40 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 39 shares during the last quarter. Finally, State of Wyoming raised its position 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 worth $47,000 after purchasing an additional 39 shares during the last quarter. Institutional investors own 80.70% of the company’s stock.

Insider Buying and Selling at W.W. Grainger

In other news, VP Krantz Nancy L. Berardinelli sold 195 shares of W.W. Grainger stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $1,023.93, for a total transaction of $199,666.35. Following the transaction, the vice president owned 3,174 shares in the company, valued at $3,249,953.82. This trade represents a 5.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 6.10% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on GWW shares. 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 lifted their target price on shares of W.W. Grainger from $1,100.00 to $1,190.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 3rd. Oppenheimer upped their target price on shares of W.W. Grainger from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Sanford C. Bernstein initiated coverage on shares of W.W. Grainger in a report on Wednesday, November 12th. They set a “market perform” rating and a $975.00 price target on the stock. Finally, JPMorgan Chase & Co. raised their price target on shares of W.W. Grainger from $1,100.00 to $1,165.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, W.W. Grainger has an average rating of “Hold” and a consensus price target of $1,071.38.

W.W. Grainger Trading Down 2.9%

W.W. Grainger stock opened at $1,112.28 on Monday. 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 cap of $52.69 billion, a P/E ratio of 31.43, a P/E/G ratio of 2.35 and a beta of 1.09. 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 business has a 50-day simple moving average of $1,093.92 and a two-hundred day simple moving average of $1,018.14.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $9.45 earnings per share for the quarter, missing the consensus estimate of $9.46 by ($0.01). The business had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $4.39 billion. W.W. Grainger had a return on equity of 47.46% and a net margin of 9.51%.W.W. Grainger’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter last year, the company earned $9.71 EPS. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. Analysts predict that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Monday, February 9th were given a $2.26 dividend. The ex-dividend date was Monday, February 9th. This represents a $9.04 annualized dividend and a yield of 0.8%. 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.