Corient Private Wealth LP Makes New $64.90 Million Investment in W.W. Grainger, Inc. $GWW

Corient Private Wealth LP bought a new stake in W.W. Grainger, Inc. (NYSE:GWW) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 47,704 shares of the industrial products company’s stock, valued at approximately $64,896,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC grew its stake in shares of W.W. Grainger by 46.8% during the 4th quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock valued at $338,000 after acquiring an additional 102 shares during the period. Empowered Funds LLC raised its holdings in W.W. Grainger by 18.0% during the first quarter. Empowered Funds LLC now owns 2,851 shares of the industrial products company’s stock valued at $2,816,000 after acquiring an additional 435 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in W.W. Grainger by 169.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,826 shares of the industrial products company’s stock valued at $3,980,000 after acquiring an additional 2,407 shares during the period. Gamco Investors INC. ET AL purchased a new position in shares of W.W. Grainger in the second quarter valued at about $208,000. Finally, Sei Investments Co. lifted its position in shares of W.W. Grainger by 35.2% in the second quarter. Sei Investments Co. now owns 41,388 shares of the industrial products company’s stock valued at $43,051,000 after acquiring an additional 10,784 shares in the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on GWW. DA Davidson increased their target price on W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Stephens cut W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price target on the stock. in a report on Tuesday, July 14th. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Morgan Stanley lifted their price objective 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. Finally, Wall Street Zen raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $1,286.62.

W.W. Grainger Price Performance

W.W. Grainger stock opened at $1,319.67 on Friday. W.W. Grainger, Inc. has a 52-week low of $906.52 and a 52-week high of $1,419.91. 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 firm’s fifty day moving average is $1,344.10 and its 200 day moving average is $1,234.33. The company has a market cap of $62.16 billion, a price-to-earnings ratio of 33.65, a PEG ratio of 2.38 and a beta of 1.04.

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

W.W. Grainger Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be issued a $2.49 dividend. The ex-dividend date 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 payout ratio is 25.40%.

W.W. Grainger Company Profile

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.