HORAN Wealth LLC bought a new position in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 643 shares of the industrial products company’s stock, valued at approximately $875,000.
Several other large investors have also recently modified their holdings of GWW. Continuum Advisory LLC purchased a new stake in shares of W.W. Grainger during the 2nd quarter valued at approximately $34,000. Elevation Wealth Partners LLC grew its stake in W.W. Grainger by 420.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock valued at $35,000 after buying an additional 21 shares in the last quarter. Miller Capital Partners Inc. purchased a new position in W.W. Grainger in the 4th quarter valued at approximately $26,000. EFG International AG bought a new stake in W.W. Grainger during the 2nd quarter valued at $37,000. Finally, MV Capital Management Inc. bought a new stake in W.W. Grainger during the 4th quarter valued at $28,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.
Analyst Ratings Changes
GWW has been the subject of several analyst reports. Stephens downgraded W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 target price for the company. in a research note on Tuesday, July 14th. Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Wolfe Research raised shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Royal Bank Of Canada lowered their price target on shares of W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 5th. Finally, DA Davidson raised their price objective on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $1,286.62.
W.W. Grainger Price Performance
GWW stock opened at $1,324.65 on Monday. The firm has a 50 day simple moving average of $1,339.02 and a two-hundred day simple moving average of $1,240.57. The stock has a market cap of $62.39 billion, a PE ratio of 33.77, a P/E/G ratio of 2.35 and a beta of 1.03. W.W. Grainger, Inc. has a one year low of $906.52 and a one year high of $1,419.91. 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 (NYSE:GWW – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, beating the consensus estimate 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 analysts’ expectations of $4.96 billion. During the same quarter last year, the company 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. On average, analysts predict that W.W. Grainger, Inc. will post 46.17 EPS for the current fiscal year.
W.W. Grainger Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th were given a dividend of $2.49 per share. The ex-dividend date was Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. W.W. Grainger’s dividend payout ratio (DPR) is presently 25.40%.
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.
See Also
- Five stocks we like better than W.W. Grainger
- AI Token Costs Are Changing the Hardware vs. Software Debate
- 3 ETFs That Could Move as Rate Expectations Shift
- 3 Stocks With September Catalysts Investors Shouldn’t Ignore
- Ollie’s Bargain Outlet Stock Falls on Weak Comps Despite Margin Gains
Receive News & Ratings for W.W. Grainger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for W.W. Grainger and related companies with MarketBeat.com's FREE daily email newsletter.
