Beacon Investment Advisory Services Inc. lowered its position in W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 86.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 229 shares of the industrial products company’s stock after selling 1,410 shares during the quarter. Beacon Investment Advisory Services Inc.’s holdings in W.W. Grainger were worth $231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also added to or reduced their stakes in the company. Terra Nova Asset Management LLC raised its stake in shares of W.W. Grainger by 16.7% during the fourth quarter. Terra Nova Asset Management LLC now owns 1,769 shares of the industrial products company’s stock valued at $1,785,000 after acquiring an additional 253 shares during the last quarter. Acropolis Investment Management LLC acquired a new position in shares of W.W. Grainger during the fourth quarter worth $260,000. Exchange Traded Concepts LLC grew its stake in shares of W.W. Grainger by 2.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 5,341 shares of the industrial products company’s stock worth $5,389,000 after purchasing an additional 119 shares during the last quarter. Wealthcare Advisory Partners LLC grew its stake in shares of W.W. Grainger by 3.1% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 438 shares of the industrial products company’s stock worth $442,000 after purchasing an additional 13 shares during the last quarter. Finally, Capital Investment Advisors LLC increased its holdings in W.W. Grainger by 12.8% in the fourth quarter. Capital Investment Advisors LLC now owns 651 shares of the industrial products company’s stock valued at $657,000 after purchasing an additional 74 shares during the period. 80.70% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the company. Oppenheimer lifted their target price 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. Barclays increased their price target on W.W. Grainger from $1,044.00 to $1,047.00 and gave the company an “underweight” rating in a research note on Monday, March 16th. Weiss Ratings raised W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. Morgan Stanley upped 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 report on Tuesday, March 3rd. Finally, JPMorgan Chase & Co. increased their target price 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. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, W.W. Grainger currently has a consensus rating of “Hold” and an average price target of $1,080.38.
W.W. Grainger Stock Performance
Shares of GWW opened at $1,058.36 on Tuesday. The company has a current ratio of 2.83, a quick ratio of 1.59 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $50.09 billion, a P/E ratio of 29.91, a price-to-earnings-growth ratio of 2.23 and a beta of 1.09. The firm’s fifty day simple moving average is $1,106.15 and its two-hundred day simple moving average is $1,024.93. W.W. Grainger, Inc. has a 12 month low of $893.99 and a 12 month high of $1,218.63.
W.W. Grainger (NYSE:GWW – Get Free Report) last posted 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%.The business’s revenue was up 4.5% on a year-over-year basis. During the same period last year, the business posted $9.71 earnings per share. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. As a group, analysts predict that W.W. Grainger, Inc. will post 40.3 EPS for the current year.
W.W. Grainger Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Monday, February 9th were issued a $2.26 dividend. This represents a $9.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Monday, February 9th. W.W. Grainger’s payout ratio is presently 25.54%.
Insider Transactions at W.W. Grainger
In other W.W. Grainger news, CFO Deidra C. Merriwether sold 2,339 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $1,064.73, for a total value of $2,490,403.47. Following the transaction, the chief financial officer directly owned 10,235 shares of the company’s stock, valued at approximately $10,897,511.55. The trade was a 18.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 6.30% 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.
Further Reading
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