MASTERINVEST Kapitalanlage GmbH Invests $2.16 Million in W.W. Grainger, Inc. $GWW

MASTERINVEST Kapitalanlage GmbH purchased a new position in W.W. Grainger, Inc. (NYSE:GWW) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 2,078 shares of the industrial products company’s stock, valued at approximately $2,162,000.

Several other hedge funds have also bought and sold shares of the business. Norges Bank purchased a new position in shares of W.W. Grainger during the second quarter valued at approximately $536,916,000. Vanguard Group Inc. increased its holdings in W.W. Grainger by 4.4% in the 2nd quarter. Vanguard Group Inc. now owns 5,627,273 shares of the industrial products company’s stock worth $5,853,714,000 after buying an additional 238,895 shares in the last quarter. Kodai Capital Management LP bought a new position in W.W. Grainger during the first quarter valued at approximately $67,601,000. Interval Partners LP boosted its stake 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 worth $67,130,000 after buying an additional 63,515 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of W.W. Grainger by 15.2% during the 2nd quarter. Invesco Ltd. now owns 473,771 shares of the industrial products company’s stock valued at $492,836,000 after purchasing an additional 62,675 shares during the last quarter. Institutional investors own 80.70% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Morgan Stanley reduced their price objective on shares of W.W. Grainger from $1,150.00 to $1,100.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 25th. Royal Bank Of Canada increased 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. Sanford C. Bernstein started coverage on shares of W.W. Grainger in a research report on Wednesday, November 12th. They issued a “market perform” rating and a $975.00 price objective on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of W.W. Grainger in a report on Monday, December 8th. Finally, Barclays boosted their price target on W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a report on Friday, November 7th. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $1,009.43.

W.W. Grainger Price Performance

Shares of GWW opened at $1,023.80 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.59 and a current ratio of 2.72. The company has a 50 day moving average price of $957.53 and a 200-day moving average price of $996.87. W.W. Grainger, Inc. has a fifty-two week low of $893.99 and a fifty-two week high of $1,150.01. The stock has a market capitalization of $48.68 billion, a PE ratio of 28.71, a PEG ratio of 2.78 and a beta of 1.11.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings data on Friday, October 31st. The industrial products company reported $10.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.95 by $0.26. The company had revenue of $4.66 billion for the quarter, compared to analyst estimates of $4.64 billion. W.W. Grainger had a net margin of 9.75% and a return on equity of 49.40%. W.W. Grainger’s revenue was up 6.1% compared to the same quarter last year. During the same period last year, the company posted $9.87 earnings per share. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. Equities analysts predict that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 10th were paid a dividend of $2.26 per share. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Monday, November 10th. W.W. Grainger’s dividend payout ratio is 25.35%.

Insider Buying and Selling at W.W. Grainger

In related news, CEO Donald G. Macpherson sold 12,163 shares of the firm’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $972.57, for a total transaction of $11,829,368.91. Following the sale, the chief executive officer owned 103,885 shares of the company’s stock, valued at $101,035,434.45. This trade represents a 10.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.10% of the stock is 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.