Stance Capital LLC Acquires Shares of 1,226 W.W. Grainger, Inc. $GWW

Stance Capital LLC bought a new stake in W.W. Grainger, Inc. (NYSE:GWW) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,226 shares of the industrial products company’s stock, valued at approximately $1,275,000.

Several other large investors have also made changes to their positions in GWW. Hilltop National Bank acquired a new stake in W.W. Grainger in the second quarter worth about $25,000. Quaker Wealth Management LLC grew its position in shares of W.W. Grainger by 196.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 24 shares of the industrial products company’s stock worth $25,000 after buying an additional 49 shares during the period. Brown Lisle Cummings Inc. raised its stake in shares of W.W. Grainger by 316.7% during the second quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company’s stock worth $26,000 after buying an additional 19 shares during the last quarter. Loomis Sayles & Co. L P acquired a new position in W.W. Grainger in the second quarter valued at approximately $27,000. Finally, Asset Dedication LLC boosted its stake in W.W. Grainger by 136.4% in the second quarter. Asset Dedication LLC now owns 26 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 15 shares during the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on GWW. Morgan Stanley cut their price target on W.W. Grainger from $1,150.00 to $1,100.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 25th. JPMorgan Chase & Co. increased their target price on 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 boosted their target price on W.W. Grainger from $963.00 to $975.00 and gave the stock an “underweight” rating in a research report on Friday, November 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of W.W. Grainger in a research report on Monday, December 8th. Finally, Royal Bank Of Canada lifted their price objective on shares of W.W. Grainger from $1,006.00 to $1,050.00 and gave the stock a “sector perform” rating in a research note on Monday, November 3rd. One analyst has rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, W.W. Grainger presently has a consensus rating of “Reduce” and an average target price of $1,009.43.

Insider Buying and Selling

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

W.W. Grainger Trading Down 0.8%

NYSE GWW opened at $1,023.80 on Monday. W.W. Grainger, Inc. has a one year low of $893.99 and a one year high of $1,150.01. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.72 and a quick ratio of 1.59. The firm has a market cap of $48.68 billion, a P/E ratio of 28.71, a P/E/G ratio of 2.78 and a beta of 1.11. The stock’s 50-day moving average is $957.53 and its 200-day moving average is $996.28.

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. W.W. Grainger had a return on equity of 49.40% and a net margin of 9.75%.The business had revenue of $4.66 billion during the quarter, compared to analyst estimates of $4.64 billion. During the same period in the previous year, the firm earned $9.87 EPS. W.W. Grainger’s quarterly 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. Sell-side analysts anticipate that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 10th were issued 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 (DPR) is presently 25.35%.

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.