W.W. Grainger, Inc. $GWW Shares Sold by SOA Wealth Advisors LLC.

SOA Wealth Advisors LLC. reduced its stake in W.W. Grainger, Inc. (NYSE:GWW) by 29.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,653 shares of the industrial products company’s stock after selling 682 shares during the period. SOA Wealth Advisors LLC.’s holdings in W.W. Grainger were worth $1,719,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of GWW. Brighton Jones LLC boosted its stake in shares of W.W. Grainger by 46.8% in the 4th quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock valued at $338,000 after buying an additional 102 shares during the period. NBC Securities Inc. purchased a new position in W.W. Grainger in the first quarter worth approximately $454,000. Merit Financial Group LLC grew its holdings in W.W. Grainger by 124.3% during the 1st quarter. Merit Financial Group LLC now owns 848 shares of the industrial products company’s stock worth $838,000 after acquiring an additional 470 shares in the last quarter. Peak Financial Advisors LLC acquired a new stake in shares of W.W. Grainger in the 1st quarter valued at $2,962,000. Finally, Matrix Trust Co lifted its position in shares of W.W. Grainger by 60.7% during the 1st quarter. Matrix Trust Co now owns 143 shares of the industrial products company’s stock worth $141,000 after purchasing an additional 54 shares during the last quarter. 80.70% of the stock is owned by institutional investors and hedge funds.

W.W. Grainger Price Performance

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

W.W. Grainger (NYSE:GWW) last posted its quarterly 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 company had revenue of $4.55 billion for the quarter, compared to analyst estimates of $4.52 billion. W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. W.W. Grainger’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $9.76 earnings per share. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. Analysts forecast that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts have commented on GWW shares. JPMorgan Chase & Co. dropped their price target on shares of W.W. Grainger from $1,125.00 to $1,035.00 and set a “neutral” rating on the stock in a research note on Thursday, September 4th. Loop Capital dropped their price target on W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating on the stock in a research note on Monday, August 4th. Morgan Stanley reduced their price objective on W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating for the company in a research note on Friday, July 11th. Finally, 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 on the stock in a report on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $1,069.13.

Insider Buying and Selling at W.W. Grainger

In other news, SVP Jonny M. Leroy sold 500 shares of the company’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total value of $496,430.00. Following the sale, the senior vice president directly owned 1,771 shares in the company, valued at $1,758,355.06. This represents a 22.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 6.10% of the stock is currently owned by company insiders.

About W.W. Grainger

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.