EP Wealth Advisors LLC Buys Shares of 6,259 W.W. Grainger, Inc. $GWW

EP Wealth Advisors LLC purchased a new stake in shares of W.W. Grainger, Inc. (NYSE:GWW) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 6,259 shares of the industrial products company’s stock, valued at approximately $8,515,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of GWW. Heartland Bank & Trust Co bought a new position in shares of W.W. Grainger in the second quarter valued at approximately $567,000. Ieq Capital LLC bought a new stake in W.W. Grainger during the 2nd quarter worth approximately $320,000. Callan Family Office LLC bought a new stake in W.W. Grainger during the 2nd quarter worth approximately $10,149,000. Blue Capital Inc. purchased a new stake in W.W. Grainger in the 2nd quarter worth approximately $298,000. Finally, Keating Financial Advisory Services Inc. purchased a new stake in W.W. Grainger in the 2nd quarter worth approximately $362,000. 80.70% of the stock is owned by hedge funds and other institutional investors.

W.W. Grainger Trading Up 0.9%

Shares of W.W. Grainger stock opened at $1,312.12 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70. W.W. Grainger, Inc. has a 1 year low of $906.52 and a 1 year high of $1,419.91. The firm has a market cap of $61.80 billion, a PE ratio of 33.46, a PEG ratio of 2.31 and a beta of 1.04. The company has a 50 day simple moving average of $1,344.74 and a two-hundred day simple moving average of $1,229.54.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, topping analysts’ consensus estimates of $11.30 by $0.71. The firm had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.96 billion. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Analysts expect that W.W. Grainger, Inc. will post 46.1 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on GWW shares. Royal Bank Of Canada reduced their price target on shares of W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 5th. Morgan Stanley increased their price objective on W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 27th. Barclays increased their price objective on W.W. Grainger from $1,166.00 to $1,185.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 11th. Wolfe Research upgraded W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Finally, Stephens lowered 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 research note on Tuesday, July 14th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock 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.