National Pension Service lessened its holdings in W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 2.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 63,850 shares of the industrial products company’s stock after selling 1,667 shares during the quarter. National Pension Service owned 0.14% of W.W. Grainger worth $86,862,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. Continuum Advisory LLC purchased a new position in shares of W.W. Grainger in the second quarter worth about $34,000. Elevation Wealth Partners LLC boosted its holdings in W.W. Grainger by 420.0% during the 2nd 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 during the period. Miller Capital Partners Inc. purchased a new stake in W.W. Grainger during the 4th quarter valued at about $26,000. EFG International AG purchased a new stake in W.W. Grainger during the 2nd quarter valued at about $37,000. Finally, MV Capital Management Inc. bought a new position in W.W. Grainger during the 4th quarter worth approximately $28,000. 80.70% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the company. Weiss Ratings raised W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Royal Bank Of Canada cut their target price 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. Morgan Stanley lifted their target price on shares of W.W. Grainger from $1,300.00 to $1,400.00 and gave the stock an “equal weight” rating in a research note on Monday, August 24th. Wall Street Zen raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Finally, Wolfe Research raised W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Two equities research 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.com, W.W. Grainger currently has a consensus rating of “Hold” and a consensus target price of $1,286.62.
W.W. Grainger Stock Up 0.9%
GWW stock opened at $1,282.57 on Friday. W.W. Grainger, Inc. has a fifty-two week low of $906.52 and a fifty-two week high of $1,419.91. The business’s 50 day moving average price is $1,333.06 and its two-hundred day moving average price is $1,245.38. 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 company has a market capitalization of $60.41 billion, a price-to-earnings ratio of 32.70, a price-to-earnings-growth ratio of 2.25 and a beta of 1.03.
W.W. Grainger (NYSE:GWW – Get Free Report) last released its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.96 billion. During the same quarter last year, the business posted $9.97 EPS. The firm’s revenue for the quarter 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. As a group, analysts forecast that W.W. Grainger, Inc. will post 46.24 earnings per share for the current fiscal year.
W.W. Grainger Announces Dividend
The company also recently disclosed 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 of this dividend was Monday, August 10th. This represents a $9.96 annualized dividend and a yield of 0.8%. W.W. Grainger’s dividend payout ratio (DPR) is currently 25.40%.
W.W. Grainger Company Profile
W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) products and related services. The company serves businesses, government agencies and other organizations that need supplies to maintain facilities, equipment and operations. Its product categories include tools, safety equipment, material handling products, cleaning and maintenance supplies, electrical and lighting products, plumbing supplies, HVAC equipment and fasteners.
Founded in 1927 by William W. Grainger, the company has grown from a regional electrical-equipment distributor into a global MRO provider.
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