W.W. Grainger, Inc. $GWW Shares Sold by Tidal Investments LLC

Tidal Investments LLC trimmed its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW) by 13.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,805 shares of the industrial products company’s stock after selling 1,053 shares during the quarter. Tidal Investments LLC’s holdings in W.W. Grainger were worth $9,258,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in GWW. Engineers Gate Manager LP purchased a new stake in shares of W.W. Grainger in the 2nd quarter valued at approximately $431,000. Cidel Asset Management Inc. boosted its position in shares of W.W. Grainger by 7.3% during the 2nd quarter. Cidel Asset Management Inc. now owns 340 shares of the industrial products company’s stock worth $463,000 after purchasing an additional 23 shares during the period. Capital Advantage Inc. acquired a new stake in W.W. Grainger in the 2nd quarter valued at approximately $234,000. Pinnacle Wealth Management Advisory Group LLC increased its holdings in W.W. Grainger by 6.6% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,044 shares of the industrial products company’s stock valued at $2,781,000 after purchasing an additional 126 shares during the last quarter. Finally, NorthRock Partners LLC raised its position in W.W. Grainger by 10.9% in the second quarter. NorthRock Partners LLC now owns 438 shares of the industrial products company’s stock valued at $596,000 after purchasing an additional 43 shares during the period. 80.70% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

GWW has been the topic of several research reports. Weiss Ratings raised W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. 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. Wolfe Research raised W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Oppenheimer boosted their price target on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Finally, Morgan Stanley upped 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 note on Monday, August 24th. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, W.W. Grainger presently has a consensus rating of “Hold” and a consensus price target of $1,286.62.

W.W. Grainger Price Performance

Shares of NYSE:GWW opened at $1,282.57 on Friday. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. 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 market cap of $60.41 billion, a P/E ratio of 32.70, a PEG ratio of 2.27 and a beta of 1.03. The company has a 50-day moving average price of $1,333.06 and a 200 day moving average price of $1,245.38.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings data 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. The firm had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.W.W. Grainger’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Research analysts predict that W.W. Grainger, Inc. will post 46.24 earnings per share for the current year.

W.W. Grainger Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th were paid 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 dividend yield of 0.8%. W.W. Grainger’s payout ratio is 25.40%.

About W.W. Grainger

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.