W.W. Grainger, Inc. $GWW Shares Acquired by Moore Capital Management LP

Moore Capital Management LP lifted its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 1,611.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,217 shares of the industrial products company’s stock after buying an additional 3,029 shares during the quarter. Moore Capital Management LP’s holdings in W.W. Grainger were worth $4,376,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in GWW. Alyeska Investment Group L.P. grew its stake in shares of W.W. Grainger by 46.4% during the 2nd quarter. Alyeska Investment Group L.P. now owns 30,865 shares of the industrial products company’s stock worth $41,989,000 after purchasing an additional 9,776 shares during the period. Wedbush Securities Inc. grew its holdings in W.W. Grainger by 0.4% in the second quarter. Wedbush Securities Inc. now owns 2,358 shares of the industrial products company’s stock valued at $3,208,000 after purchasing an additional 9 shares during the last quarter. Meiji Yasuda Life Insurance Co grew its holdings in W.W. Grainger by 6.8% in the second quarter. Meiji Yasuda Life Insurance Co now owns 2,303 shares of the industrial products company’s stock valued at $3,133,000 after purchasing an additional 146 shares during the last quarter. Hennessy Advisors Inc. purchased a new position in shares of W.W. Grainger in the second quarter valued at $2,411,000. Finally, Toth Financial Advisory Corp raised its stake in shares of W.W. Grainger by 5.8% during the 2nd quarter. Toth Financial Advisory Corp now owns 12,363 shares of the industrial products company’s stock worth $16,818,000 after buying an additional 676 shares during the last quarter. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

W.W. Grainger Stock Performance

NYSE:GWW opened at $1,311.04 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70. The firm has a market cap of $61.75 billion, a PE ratio of 33.43, a P/E/G ratio of 2.32 and a beta of 1.04. The firm has a 50 day simple moving average of $1,342.26 and a 200-day simple moving average of $1,236.01. W.W. Grainger, Inc. has a 1-year low of $906.52 and a 1-year high of $1,419.91.

W.W. Grainger (NYSE:GWW) last released its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, topping the consensus estimate 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 previous year, the company earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, equities analysts expect that W.W. Grainger, Inc. will post 46.17 EPS for the current year.

W.W. Grainger Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 10th will be paid a $2.49 dividend. This represents a $9.96 annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, August 10th. W.W. Grainger’s dividend payout ratio is presently 25.40%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. DA Davidson increased their price objective on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Oppenheimer lifted their target price on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Wolfe Research upgraded shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Barclays raised their price objective on shares of W.W. Grainger from $1,166.00 to $1,185.00 and gave the stock an “underweight” rating in a research note on Tuesday, August 11th. Finally, Morgan Stanley lifted their price objective on 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 given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, W.W. Grainger has an average rating of “Hold” and an average price target of $1,286.62.

W.W. Grainger Profile

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.