W.W. Grainger (NYSE:GWW) Price Target Raised to $1,185.00 at Barclays

W.W. Grainger (NYSE:GWW) had its price target hoisted by equities researchers at Barclays from $1,166.00 to $1,185.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has an “underweight” rating on the industrial products company’s stock. Barclays‘s target price points to a potential downside of 9.42% from the stock’s current price.

A number of other research firms have also recently commented on GWW. DA Davidson upped their target price on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Morgan Stanley lifted their price target on shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 27th. Stephens downgraded shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price target on the stock. in a research note on Tuesday, July 14th. Weiss Ratings upgraded shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Finally, Wall Street Zen raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Sunday. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, W.W. Grainger currently has a consensus rating of “Hold” and an average target price of $1,274.12.

W.W. Grainger Trading Up 0.8%

Shares of GWW stock traded up $10.72 during trading on Tuesday, hitting $1,308.17. 8,865 shares of the stock traded hands, compared to its average volume of 286,869. W.W. Grainger has a 52-week low of $906.52 and a 52-week high of $1,419.91. The firm has a market capitalization of $61.62 billion, a P/E ratio of 33.38, a price-to-earnings-growth ratio of 2.32 and a beta of 1.04. The firm’s fifty day moving average price is $1,343.28 and its 200-day moving average price is $1,215.10. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70.

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 for the quarter, topping the consensus estimate 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 analyst estimates of $4.96 billion. During the same period in the prior year, the business posted $9.97 earnings per share. 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, research analysts forecast that W.W. Grainger will post 46.14 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Mattern Capital Management LLC grew its stake in shares of W.W. Grainger by 4.8% in the 4th quarter. Mattern Capital Management LLC now owns 12,234 shares of the industrial products company’s stock worth $12,345,000 after purchasing an additional 563 shares during the last quarter. Banco BTG Pactual S.A. acquired a new stake in W.W. Grainger during the fourth quarter valued at approximately $1,048,000. Assenagon Asset Management S.A. boosted its holdings in W.W. Grainger by 1,353.1% during the second quarter. Assenagon Asset Management S.A. now owns 31,242 shares of the industrial products company’s stock worth $42,502,000 after buying an additional 29,092 shares in the last quarter. Merit Financial Group LLC boosted its holdings in W.W. Grainger by 72.3% during the fourth quarter. Merit Financial Group LLC now owns 2,353 shares of the industrial products company’s stock worth $2,374,000 after buying an additional 987 shares in the last quarter. Finally, Evergreen Capital Management LLC grew its position in W.W. Grainger by 526.9% in the fourth quarter. Evergreen Capital Management LLC now owns 1,655 shares of the industrial products company’s stock worth $1,670,000 after buying an additional 1,391 shares during the last quarter. 80.70% of the stock is owned by hedge funds and other institutional investors.

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.