W.W. Grainger, Inc. $GWW Shares Sold by Greenleaf Trust

Greenleaf Trust cut its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 1.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,396 shares of the industrial products company’s stock after selling 14 shares during the period. Greenleaf Trust’s holdings in W.W. Grainger were worth $1,452,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. G&S Capital LLC boosted its position in W.W. Grainger by 66.6% during the 2nd quarter. G&S Capital LLC now owns 698 shares of the industrial products company’s stock worth $726,000 after acquiring an additional 279 shares during the period. Moss Adams Wealth Advisors LLC acquired a new stake in W.W. Grainger in the second quarter worth approximately $203,000. GC Wealth Management RIA LLC acquired a new stake in shares of W.W. Grainger in the second quarter valued at $315,000. Fort Washington Investment Advisors Inc. OH lifted its holdings in shares of W.W. Grainger by 3.1% in the second quarter. Fort Washington Investment Advisors Inc. OH now owns 469 shares of the industrial products company’s stock valued at $488,000 after buying an additional 14 shares during the period. Finally, LVW Advisors LLC lifted its holdings in shares of W.W. Grainger by 115.0% in the second quarter. LVW Advisors LLC now owns 961 shares of the industrial products company’s stock valued at $1,000,000 after buying an additional 514 shares during the period. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of the stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total transaction of $496,430.00. Following the transaction, the senior vice president owned 1,771 shares in the company, valued at $1,758,355.06. This trade represents a 22.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.10% of the stock is currently owned by corporate insiders.

W.W. Grainger Stock Performance

NYSE GWW opened at $945.24 on Thursday. The company has a current ratio of 2.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.57. The firm’s fifty day moving average price is $991.61 and its two-hundred day moving average price is $1,017.19. W.W. Grainger, Inc. has a 1 year low of $893.99 and a 1 year high of $1,227.66. The firm has a market capitalization of $45.21 billion, a P/E ratio of 23.98, a price-to-earnings-growth ratio of 2.77 and a beta of 1.17.

W.W. Grainger (NYSE:GWW) last issued its earnings results on Friday, August 1st. The industrial products company reported $9.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $10.07 by ($0.10). The firm had revenue of $4.55 billion during the quarter, compared to the consensus estimate of $4.52 billion. W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the previous year, the company posted $9.76 earnings per share. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. As a group, research analysts anticipate that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 1st. Shareholders of record on Monday, August 11th were issued a $2.26 dividend. This represents a $9.04 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Monday, August 11th. W.W. Grainger’s dividend payout ratio is currently 22.94%.

Analysts Set New Price Targets

GWW has been the subject of several recent research reports. Royal Bank Of Canada cut their target price on shares of W.W. Grainger from $1,176.00 to $1,007.00 and set a “sector perform” rating for the company in a research note on Monday, August 4th. Loop Capital dropped their target price on shares of W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating on the stock in a report on Monday, August 4th. Morgan Stanley lowered their price target on shares of W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating on the stock in a report on Friday, July 11th. Finally, JPMorgan Chase & Co. lowered their target price on shares of W.W. Grainger from $1,125.00 to $1,035.00 and set a “neutral” rating on the stock in a report on Thursday, September 4th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, W.W. Grainger currently has an average rating of “Hold” and an average price target of $1,069.13.

W.W. Grainger Profile

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.