Mitsubishi UFJ Trust & Banking Corp Increases Stock Holdings in W.W. Grainger, Inc. $GWW

Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 4.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 40,740 shares of the industrial products company’s stock after purchasing an additional 1,883 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.09% of W.W. Grainger worth $42,379,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Nuveen LLC acquired a new stake in W.W. Grainger in the 1st quarter valued at about $285,574,000. JPMorgan Chase & Co. lifted its position in W.W. Grainger by 10.1% during the first quarter. JPMorgan Chase & Co. now owns 822,411 shares of the industrial products company’s stock worth $812,403,000 after buying an additional 75,644 shares during the period. Kodai Capital Management LP acquired a new stake in shares of W.W. Grainger in the first quarter worth approximately $67,601,000. Interval Partners LP boosted its holdings in shares of W.W. Grainger by 1,429.9% in the 1st quarter. Interval Partners LP now owns 67,957 shares of the industrial products company’s stock valued at $67,130,000 after purchasing an additional 63,515 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in W.W. Grainger by 1.1% in the first quarter. Vanguard Group Inc. now owns 5,388,378 shares of the industrial products company’s stock valued at $5,322,801,000 after acquiring an additional 57,690 shares during the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

W.W. Grainger Stock Down 1.1%

W.W. Grainger stock opened at $934.58 on Friday. The firm has a market cap of $44.44 billion, a price-to-earnings ratio of 23.71, a P/E/G ratio of 2.79 and a beta of 1.17. The firm has a fifty day moving average price of $967.77 and a two-hundred day moving average price of $1,012.89. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.82 and a quick ratio of 1.64. W.W. Grainger, Inc. has a fifty-two week low of $893.99 and a fifty-two week high of $1,227.44.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings data on Friday, October 31st. The industrial products company reported $10.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.95 by $0.26. W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. The company had revenue of $4.66 billion for the quarter, compared to the consensus estimate of $4.64 billion. During the same quarter in the previous year, the firm posted $9.87 EPS. The business’s revenue was up 6.1% compared to the same quarter last year. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. As a group, analysts forecast 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 declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 10th will be given a dividend of $2.26 per share. The ex-dividend date is Monday, November 10th. This represents a $9.04 annualized dividend and a yield of 1.0%. W.W. Grainger’s dividend payout ratio is 25.35%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on GWW. JPMorgan Chase & Co. raised their target price on shares of W.W. Grainger from $1,035.00 to $1,050.00 and gave the company a “neutral” rating in a research note on Wednesday, October 15th. Barclays upped their target price on shares of W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a research note on Friday, November 7th. Royal Bank Of Canada lifted their price target on shares of W.W. Grainger from $1,006.00 to $1,050.00 and gave the company a “sector perform” rating in a report on Monday, November 3rd. Weiss Ratings restated a “buy (b-)” rating on shares of W.W. Grainger in a research report on Thursday, October 30th. Finally, Loop Capital lowered their target price on W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating on the stock in a research report on Monday, August 4th. Two 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $1,018.00.

Insider Buying and Selling at W.W. Grainger

In other news, SVP Jonny M. Leroy sold 500 shares of W.W. Grainger 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 completion of the sale, the senior vice president directly owned 1,771 shares of the company’s stock, valued at approximately $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 accessible through this hyperlink. 6.10% of the stock is currently owned by corporate 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.