W.W. Grainger (NYSE:GWW) Price Target Cut to $1,172.00 by Analysts at Barclays

W.W. Grainger (NYSE:GWW) had its price target decreased by Barclays from $1,185.00 to $1,172.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has an “underweight” rating on the industrial products company’s stock. Barclays‘s price target indicates a potential downside of 8.31% from the stock’s previous close.

GWW has been the subject of several other reports. Stephens downgraded W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price objective for the company. in a research note on Tuesday, July 14th. Wolfe Research began coverage on shares of W.W. Grainger in a research note on Tuesday, September 15th. They set a “peer perform” rating on the stock. Weiss Ratings raised shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Oppenheimer raised 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 note on Wednesday, August 5th. Finally, Morgan Stanley boosted their price target 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 report on Monday, August 24th. Two 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. According to data from MarketBeat, W.W. Grainger presently has a consensus rating of “Hold” and an average target price of $1,285.00.

W.W. Grainger Trading Up 0.6%

GWW stock opened at $1,278.27 on Friday. W.W. Grainger has a 12-month low of $906.52 and a 12-month high of $1,419.91. The business’s 50-day moving average is $1,314.58 and its 200 day moving average is $1,254.88. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53. The stock has a market cap of $60.21 billion, a price-to-earnings ratio of 32.59, a PEG ratio of 2.25 and a beta of 1.03.

W.W. Grainger (NYSE:GWW) last announced 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. The business had revenue of $5.02 billion during 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 business’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, sell-side analysts anticipate that W.W. Grainger will post 46.24 EPS for the current fiscal year.

Institutional Trading of W.W. Grainger

Several hedge funds have recently made changes to their positions in GWW. Continuum Advisory LLC acquired a new stake in shares of W.W. Grainger during the 2nd quarter worth approximately $34,000. Elevation Wealth Partners LLC increased its stake in W.W. Grainger by 420.0% during the second quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 21 shares during the last quarter. EFG International AG acquired a new stake in W.W. Grainger during the second quarter worth $37,000. MV Capital Management Inc. purchased a new stake in W.W. Grainger in the fourth quarter valued at $28,000. Finally, Caitlin John LLC purchased a new stake in W.W. Grainger in the second quarter valued at $48,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.

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.