Advantage Trust Co Purchases Shares of 90 W.W. Grainger, Inc. $GWW

Advantage Trust Co purchased a new stake in shares of W.W. Grainger, Inc. (NYSE:GWW) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 90 shares of the industrial products company’s stock, valued at approximately $94,000.

Other large investors have also made changes to their positions in the company. Hilltop National Bank purchased a new stake in shares of W.W. Grainger in the 2nd quarter valued at $25,000. N.E.W. Advisory Services LLC purchased a new stake in shares of W.W. Grainger in the 1st quarter valued at $25,000. Brown Lisle Cummings Inc. boosted its holdings in shares of W.W. Grainger by 316.7% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 19 shares during the last quarter. Nova Wealth Management Inc. purchased a new stake in shares of W.W. Grainger in the 1st quarter valued at $28,000. Finally, Grove Bank & Trust boosted its holdings in shares of W.W. Grainger by 52.6% in the 2nd quarter. Grove Bank & Trust now owns 29 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 10 shares during the last quarter. 80.70% of the stock is owned by hedge funds and other institutional investors.

W.W. Grainger Stock Performance

Shares of NYSE GWW opened at $970.85 on Tuesday. 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 has a market capitalization of $46.44 billion, a PE ratio of 24.63, a price-to-earnings-growth ratio of 2.78 and a beta of 1.17. W.W. Grainger, Inc. has a 1 year low of $893.99 and a 1 year high of $1,227.66. The company’s fifty day moving average price is $982.66 and its 200 day moving average price is $1,015.55.

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

W.W. Grainger Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 1st. Shareholders of record on Monday, August 11th were issued a dividend of $2.26 per share. This represents a $9.04 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Monday, August 11th. W.W. Grainger’s dividend payout ratio (DPR) is presently 22.94%.

Wall Street Analyst Weigh In

GWW has been the topic of several recent research reports. Morgan Stanley dropped their price objective 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of W.W. Grainger in a report on Wednesday, October 8th. Barclays began coverage on shares of W.W. Grainger in a report on Wednesday, October 8th. They set an “underweight” rating and a $963.00 price target on the stock. JPMorgan Chase & Co. increased their price target on shares of W.W. Grainger from $1,035.00 to $1,050.00 and gave the stock a “neutral” rating in a report on Wednesday, October 15th. Finally, Royal Bank Of Canada lowered their price target 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. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $1,053.71.

Insider Transactions at W.W. Grainger

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of the stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $992.86, for a total transaction of $496,430.00. Following the transaction, the senior vice president directly owned 1,771 shares of the company’s stock, valued at $1,758,355.06. This trade represents a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 6.10% of the stock is currently owned by insiders.

W.W. Grainger Company 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.