Pacer Advisors Inc. Has $3.40 Million Holdings in W.W. Grainger, Inc. $GWW

Pacer Advisors Inc. lowered its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 25.5% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 3,571 shares of the industrial products company’s stock after selling 1,223 shares during the period. Pacer Advisors Inc.’s holdings in W.W. Grainger were worth $3,403,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Grove Bank & Trust lifted its holdings in shares of W.W. Grainger by 52.6% in the second quarter. Grove Bank & Trust now owns 29 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 10 shares in the last quarter. Ridgewood Investments LLC raised its position in W.W. Grainger by 50.0% in the 2nd quarter. Ridgewood Investments LLC now owns 30 shares of the industrial products company’s stock valued at $31,000 after buying an additional 10 shares during the last quarter. Brighton Jones LLC lifted its stake in W.W. Grainger by 3.3% during the 2nd quarter. Brighton Jones LLC now owns 313 shares of the industrial products company’s stock valued at $326,000 after acquiring an additional 10 shares in the last quarter. Freedom Investment Management Inc. boosted its holdings in W.W. Grainger by 5.4% during the 2nd quarter. Freedom Investment Management Inc. now owns 215 shares of the industrial products company’s stock worth $224,000 after acquiring an additional 11 shares during the last quarter. Finally, Burney Co. grew its stake in shares of W.W. Grainger by 0.6% in the 2nd quarter. Burney Co. now owns 1,757 shares of the industrial products company’s stock worth $1,828,000 after acquiring an additional 11 shares in the last quarter. 80.70% of the stock is owned by institutional investors.

Insider Transactions at W.W. Grainger

In other W.W. Grainger news, VP Krantz Nancy L. Berardinelli sold 195 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $1,023.93, for a total transaction of $199,666.35. Following the sale, the vice president directly owned 3,174 shares of the company’s stock, valued at $3,249,953.82. This represents a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Donald G. Macpherson sold 12,163 shares of the stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $972.57, for a total transaction of $11,829,368.91. Following the transaction, the chief executive officer owned 103,885 shares of the company’s stock, valued at $101,035,434.45. This represents a 10.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 26,881 shares of company stock worth $26,157,155 over the last 90 days. 6.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

GWW has been the topic of a number of recent analyst reports. Morgan Stanley dropped their price target on shares of W.W. Grainger from $1,150.00 to $1,100.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 25th. Weiss Ratings reissued a “hold (c+)” rating on shares of W.W. Grainger in a research report on Monday. Royal Bank Of Canada upped their target price on W.W. Grainger from $1,006.00 to $1,050.00 and gave the company a “sector perform” rating in a report on Monday, November 3rd. Barclays increased their price target on W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a research report on Friday, November 7th. Finally, JPMorgan Chase & Co. boosted their price objective on W.W. Grainger from $1,035.00 to $1,050.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 15th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, W.W. Grainger has an average rating of “Reduce” and an average target price of $1,009.43.

W.W. Grainger Trading Down 0.4%

NYSE:GWW opened at $1,021.92 on Wednesday. W.W. Grainger, Inc. has a 12 month low of $893.99 and a 12 month high of $1,139.15. The company has a current ratio of 2.72, a quick ratio of 1.59 and a debt-to-equity ratio of 0.60. The firm’s 50 day moving average is $973.64 and its 200 day moving average is $991.61. The stock has a market capitalization of $48.59 billion, a PE ratio of 28.66, a price-to-earnings-growth ratio of 2.79 and a beta of 1.11.

W.W. Grainger (NYSE:GWW) last released its earnings results on Friday, October 31st. The industrial products company reported $10.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.95 by $0.26. The business had revenue of $4.66 billion during the quarter, compared to the consensus estimate of $4.64 billion. W.W. Grainger had a return on equity of 49.40% and a net margin of 9.75%.The business’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same period last year, the business posted $9.87 earnings per share. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. Sell-side analysts expect that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 10th were issued a $2.26 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $9.04 annualized dividend and a yield of 0.9%. W.W. Grainger’s dividend payout ratio (DPR) is 25.35%.

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.