W.W. Grainger (NYSE:GWW) Stock Rating Upgraded by Wall Street Zen

W.W. Grainger (NYSE:GWW) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Other analysts have also recently issued research reports about the company. DA Davidson boosted their price target 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. Morgan Stanley increased their price objective on W.W. Grainger from $1,300.00 to $1,400.00 and gave the company an “equal weight” rating in a report on Monday, August 24th. Wolfe Research started coverage on W.W. Grainger in a report on Tuesday, September 15th. They set a “peer perform” rating on the stock. Royal Bank Of Canada cut their price objective on W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 5th. Finally, Barclays reduced their target price on W.W. Grainger from $1,185.00 to $1,172.00 and set an “underweight” rating for the company in a report on Friday, September 25th. Two investment 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. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $1,285.00.

W.W. Grainger Stock Up 0.0%

GWW stock opened at $1,290.15 on Friday. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53. W.W. Grainger has a 1 year low of $906.52 and a 1 year high of $1,419.91. The company has a fifty day simple moving average of $1,290.94 and a 200 day simple moving average of $1,269.91. The firm has a market cap of $60.77 billion, a PE ratio of 32.90, a PEG ratio of 2.29 and a beta of 1.01.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.30 by $0.71. The firm had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.96 billion. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. W.W. Grainger’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period 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. Sell-side analysts anticipate that W.W. Grainger will post 46.25 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of GWW. MV Capital Management Inc. acquired a new position in shares of W.W. Grainger during the fourth quarter worth approximately $28,000. Continuum Advisory LLC bought a new stake in shares of W.W. Grainger in the second quarter valued at approximately $34,000. Elevation Wealth Partners LLC grew its stake in shares of W.W. Grainger by 420.0% in 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 shares of W.W. Grainger in the second quarter worth $37,000. Finally, Reflection Asset Management acquired a new stake in shares of W.W. Grainger in the fourth quarter worth $43,000. Institutional investors and hedge funds 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 organizations and other institutions that need supplies to maintain facilities, equipment and operations.

Its product offerings include tools, safety equipment, cleaning and maintenance supplies, material-handling products, electrical and plumbing components, lighting, heating and cooling equipment, and other industrial and facility-management products.