W.W. Grainger (NYSE:GWW) VP Sells $199,666.35 in Stock

W.W. Grainger, Inc. (NYSE:GWW) VP Krantz Nancy Berardinelli sold 195 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $1,023.93, for a total transaction of $199,666.35. Following the sale, the vice president owned 3,174 shares in the company, valued at $3,249,953.82. The trade was a 5.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

W.W. Grainger Stock Up 0.5%

GWW opened at $1,025.12 on Friday. The stock has a market cap of $48.74 billion, a price-to-earnings ratio of 28.75, a price-to-earnings-growth ratio of 2.77 and a beta of 1.11. 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 firm’s fifty day moving average is $963.92 and its 200 day moving average is $995.46. W.W. Grainger, Inc. has a fifty-two week low of $893.99 and a fifty-two week high of $1,139.15.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings results on Friday, October 31st. The industrial products company reported $10.21 EPS for the quarter, beating analysts’ consensus estimates of $9.95 by $0.26. The business had revenue of $4.66 billion for the quarter, compared to analysts’ expectations of $4.64 billion. W.W. Grainger had a return on equity of 49.40% and a net margin of 9.75%.The business’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period last year, the firm earned $9.87 earnings per share. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. On average, sell-side analysts forecast 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. Shareholders 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 yield of 0.9%. The ex-dividend date of this dividend was Monday, November 10th. W.W. Grainger’s dividend payout ratio (DPR) is 25.35%.

Wall Street Analysts Forecast Growth

GWW has been the subject of a number of research reports. Barclays upped their target price on shares of W.W. Grainger from $963.00 to $975.00 and gave the stock an “underweight” rating in a research report on Friday, November 7th. Sanford C. Bernstein started coverage on shares of W.W. Grainger in a report on Wednesday, November 12th. They set a “market perform” rating and a $975.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of W.W. Grainger in a report on Monday. Morgan Stanley decreased their target price on W.W. Grainger from $1,150.00 to $1,100.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 25th. Finally, Royal Bank Of Canada raised their price target on 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. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $1,009.43.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Hilltop National Bank bought a new stake in W.W. Grainger during the second quarter worth approximately $25,000. Quaker Wealth Management LLC increased 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 valued at $25,000 after purchasing an additional 49 shares during the last quarter. Accredited Investors Inc. purchased a new stake in W.W. Grainger during the 3rd quarter valued at $25,000. Brown Lisle Cummings Inc. raised its holdings in W.W. Grainger by 316.7% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company’s stock valued at $26,000 after buying an additional 19 shares during the period. Finally, Loomis Sayles & Co. L P bought a new stake in W.W. Grainger in the second quarter worth $27,000. Institutional investors own 80.70% of the company’s stock.

About W.W. Grainger

W.W. Grainger, Inc (NYSE: GWW) is an industrial supply distributor founded in 1927 and headquartered in Lake Forest, Illinois. The company supplies maintenance, repair and operations (MRO) products and services to businesses, institutions and government customers. Over its long history Grainger has developed a broad product assortment and a national distribution network that supports operations across a range of end markets, including manufacturing, healthcare, hospitality, transportation and public sector organizations.

Grainger’s product portfolio spans core categories such as electrical and lighting, safety and personal protective equipment, material handling, motors and power transmission, plumbing and HVAC, fasteners and adhesives, hand and power tools, and janitorial and facility supplies.