HBK Sorce Advisory LLC Takes $1.99 Million Position in W.W. Grainger, Inc. $GWW

HBK Sorce Advisory LLC acquired a new position in shares of W.W. Grainger, Inc. (NYSE:GWW) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,547 shares of the industrial products company’s stock, valued at approximately $1,988,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GWW. Miller Capital Partners Inc. acquired a new stake in W.W. Grainger during the 4th quarter valued at $26,000. MV Capital Management Inc. acquired a new position in shares of W.W. Grainger in the fourth quarter worth $28,000. Elyxium Wealth LLC acquired a new position in shares of W.W. Grainger in the fourth quarter worth $30,000. Elevation Wealth Partners LLC lifted its position in shares of W.W. Grainger by 420.0% in the second quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 21 shares in the last quarter. Finally, Caitlin John LLC acquired a new stake in shares of W.W. Grainger during the fourth quarter valued at $35,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.

W.W. Grainger Price Performance

GWW stock opened at $1,322.34 on Monday. W.W. Grainger, Inc. has a 52-week low of $906.52 and a 52-week high of $1,419.91. The stock’s fifty day simple moving average is $1,345.39 and its 200-day simple moving average is $1,222.27. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $62.28 billion, a price-to-earnings ratio of 33.72, a price-to-earnings-growth ratio of 2.35 and a beta of 1.04.

W.W. Grainger (NYSE:GWW) last released its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating the consensus estimate of $11.30 by $0.71. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The firm had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same period in the prior year, the firm posted $9.97 earnings per share. The business’s quarterly revenue was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Equities research analysts expect that W.W. Grainger, Inc. will post 46.14 EPS for the current year.

W.W. Grainger Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be paid a dividend of $2.49 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.8%. W.W. Grainger’s dividend payout ratio is currently 25.40%.

Wall Street Analyst Weigh In

GWW has been the subject of a number of recent research reports. Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Stephens lowered shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 target price on the stock. in a report on Tuesday, July 14th. Weiss Ratings raised shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Oppenheimer lifted their price target on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Finally, Wolfe Research upgraded shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, W.W. Grainger currently has a consensus rating of “Hold” and a consensus target price of $1,274.12.

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.