Boston Trust Walden Corp Has $61.08 Million Stock Position in W.W. Grainger, Inc. $GWW

Boston Trust Walden Corp reduced its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW) by 0.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,714 shares of the industrial products company’s stock after selling 550 shares during the quarter. Boston Trust Walden Corp’s holdings in W.W. Grainger were worth $61,077,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB lifted its position in shares of W.W. Grainger by 8.9% during the second quarter. Wilmington Savings Fund Society FSB now owns 860 shares of the industrial products company’s stock valued at $895,000 after purchasing an additional 70 shares in the last quarter. Axxcess Wealth Management LLC lifted its position in shares of W.W. Grainger by 2.6% during the second quarter. Axxcess Wealth Management LLC now owns 1,288 shares of the industrial products company’s stock valued at $1,340,000 after purchasing an additional 33 shares in the last quarter. Cornerstone Wealth Group LLC lifted its position in shares of W.W. Grainger by 8.7% during the second quarter. Cornerstone Wealth Group LLC now owns 225 shares of the industrial products company’s stock valued at $234,000 after purchasing an additional 18 shares in the last quarter. NorthRock Partners LLC lifted its position in shares of W.W. Grainger by 2.4% during the second quarter. NorthRock Partners LLC now owns 778 shares of the industrial products company’s stock valued at $809,000 after purchasing an additional 18 shares in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its position in shares of W.W. Grainger by 8.1% during the second quarter. Sequoia Financial Advisors LLC now owns 1,459 shares of the industrial products company’s stock valued at $1,517,000 after purchasing an additional 109 shares in the last quarter. 80.70% of the stock is owned by institutional investors.

Insider Activity at W.W. Grainger

In other news, SVP Jonny M. Leroy sold 500 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $992.86, for a total value of $496,430.00. Following the completion of the sale, the senior vice president directly owned 1,771 shares of the company’s stock, valued at approximately $1,758,355.06. This trade represents a 22.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 6.10% of the company’s stock.

W.W. Grainger Trading Down 1.2%

NYSE:GWW opened at $935.80 on Tuesday. The company has a fifty day moving average of $981.24 and a 200 day moving average of $1,016.28. W.W. Grainger, Inc. has a 52 week low of $893.99 and a 52 week high of $1,227.66. The company has a quick ratio of 1.64, a current ratio of 2.82 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $44.76 billion, a P/E ratio of 23.75, a P/E/G ratio of 2.75 and a beta of 1.17.

W.W. Grainger (NYSE:GWW) last posted its earnings results on Friday, August 1st. The industrial products company reported $9.97 EPS for the quarter, missing the consensus estimate of $10.07 by ($0.10). W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The company had revenue of $4.55 billion during the quarter, compared to analysts’ expectations of $4.52 billion. During the same period in the prior year, the business posted $9.76 earnings per share. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. On average, research analysts predict that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 1st. Stockholders of record on Monday, August 11th were given a $2.26 dividend. This represents a $9.04 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, August 11th. W.W. Grainger’s dividend payout ratio (DPR) is currently 22.94%.

Wall Street Analyst Weigh In

GWW has been the topic of several research reports. Barclays initiated coverage on shares of W.W. Grainger in a research report on Wednesday, October 8th. They issued an “underweight” rating and a $963.00 price objective on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of W.W. Grainger in a research note on Wednesday, October 8th. JPMorgan Chase & Co. decreased their price target on shares of W.W. Grainger from $1,125.00 to $1,035.00 and set a “neutral” rating on the stock in a report on Thursday, September 4th. Morgan Stanley cut their price target on shares of W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating for the company in a research note on Friday, July 11th. Finally, Loop Capital cut their price target on shares of W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating for the company in a research note on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $1,073.88.

About W.W. Grainger

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.