Roberts Glore & Co. Inc. IL Makes New Investment in W.W. Grainger, Inc. $GWW

Roberts Glore & Co. Inc. IL purchased a new stake in W.W. Grainger, Inc. (NYSE:GWW) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 461 shares of the industrial products company’s stock, valued at approximately $627,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of W.W. Grainger in the second quarter worth approximately $6,303,024,000. State Street Corp boosted its holdings in W.W. Grainger by 1.2% in the fourth quarter. State Street Corp now owns 2,019,452 shares of the industrial products company’s stock valued at $2,037,728,000 after acquiring an additional 23,399 shares during the last quarter. Geode Capital Management LLC increased its position in W.W. Grainger by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 1,217,834 shares of the industrial products company’s stock valued at $1,230,214,000 after purchasing an additional 10,533 shares during the period. Wellington Management Group LLP increased its position in W.W. Grainger by 1,462.1% during the 4th quarter. Wellington Management Group LLP now owns 1,071,854 shares of the industrial products company’s stock valued at $1,081,554,000 after purchasing an additional 1,003,237 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its holdings in W.W. Grainger by 61.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,027,286 shares of the industrial products company’s stock worth $1,036,584,000 after purchasing an additional 389,589 shares during the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Trading Down 1.6%

Shares of GWW stock opened at $1,301.27 on Wednesday. W.W. Grainger, Inc. has a fifty-two week low of $906.52 and a fifty-two week high of $1,419.91. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81. The stock has a 50 day simple moving average of $1,344.46 and a two-hundred day simple moving average of $1,232.38. The company has a market cap of $61.29 billion, a P/E ratio of 33.18, a PEG ratio of 2.35 and a beta of 1.04.

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

W.W. Grainger Dividend Announcement

The business 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 dividend of $2.49 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $9.96 annualized dividend and a yield of 0.8%. W.W. Grainger’s dividend payout ratio is currently 25.40%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on GWW. Oppenheimer boosted 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 research report on Wednesday, August 5th. 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. Wolfe Research upgraded shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. DA Davidson boosted their target price on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Finally, Morgan Stanley upped their price target on shares of W.W. Grainger from $1,300.00 to $1,400.00 and gave the company an “equal weight” rating in a research report on Monday. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, W.W. Grainger has an average rating of “Hold” and a consensus target price of $1,286.62.

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.