Junto Capital Management LP Decreases Stock Holdings in W.W. Grainger, Inc. $GWW

Junto Capital Management LP lowered its stake in W.W. Grainger, Inc. (NYSE:GWWFree Report) by 37.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 85,044 shares of the industrial products company’s stock after selling 51,193 shares during the quarter. W.W. Grainger accounts for about 2.0% of Junto Capital Management LP’s portfolio, making the stock its 13th biggest holding. Junto Capital Management LP owned 0.18% of W.W. Grainger worth $115,694,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GWW. Continuum Advisory LLC acquired a new stake in shares of W.W. Grainger in the second quarter valued at about $34,000. Elevation Wealth Partners LLC increased its stake in shares of 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 purchasing an additional 21 shares in the last quarter. Miller Capital Partners Inc. acquired a new position in shares of W.W. Grainger during the 4th quarter worth about $26,000. EFG International AG acquired a new position in shares of W.W. Grainger during the 2nd quarter worth about $37,000. Finally, MV Capital Management Inc. purchased a new position in W.W. Grainger in the 4th quarter valued at about $28,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Wall Street Analysts Forecast Growth

GWW has been the topic of several research analyst reports. Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Barclays increased their target price on W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a report on Tuesday, August 11th. Stephens downgraded W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 target price on the stock. in a research report on Tuesday, July 14th. Wolfe Research raised W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Finally, Royal Bank Of Canada dropped their price target on W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 5th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $1,286.62.

Check Out Our Latest Research Report on GWW

W.W. Grainger Stock Performance

NYSE:GWW opened at $1,280.27 on Thursday. The company has a market cap of $60.30 billion, a P/E ratio of 32.64, a P/E/G ratio of 2.29 and a beta of 1.03. W.W. Grainger, Inc. has a twelve month low of $906.52 and a twelve month high of $1,419.91. The company’s 50-day moving average price is $1,335.76 and its 200-day moving average price is $1,244.09. 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 (NYSE:GWWGet Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.30 by $0.71. The company 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 was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, sell-side analysts forecast that W.W. Grainger, Inc. will post 46.24 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th were given a $2.49 dividend. The ex-dividend date was Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.8%. W.W. Grainger’s dividend payout ratio is 25.40%.

W.W. Grainger Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding GWW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for W.W. Grainger, Inc. (NYSE:GWWFree Report).

Institutional Ownership by Quarter for W.W. Grainger (NYSE:GWW)

Receive News & Ratings for W.W. Grainger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for W.W. Grainger and related companies with MarketBeat.com's FREE daily email newsletter.