Haven Private LLC Buys Shares of 267 W.W. Grainger, Inc. $GWW

Haven Private LLC acquired a new position in W.W. Grainger, Inc. (NYSE:GWW) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 267 shares of the industrial products company’s stock, valued at approximately $278,000.

Several other large investors also recently modified their holdings of the company. Checchi Capital Advisers LLC grew its holdings in shares of W.W. Grainger by 2.1% in the first quarter. Checchi Capital Advisers LLC now owns 486 shares of the industrial products company’s stock worth $480,000 after acquiring an additional 10 shares during the period. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of W.W. Grainger by 3.2% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 323 shares of the industrial products company’s stock worth $319,000 after buying an additional 10 shares during the last quarter. Hemington Wealth Management boosted its holdings in shares of W.W. Grainger by 0.9% in the first quarter. Hemington Wealth Management now owns 1,139 shares of the industrial products company’s stock worth $1,125,000 after buying an additional 10 shares during the last quarter. Grove Bank & Trust boosted 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 worth $30,000 after buying an additional 10 shares during the last quarter. Finally, Ridgewood Investments LLC boosted its holdings in shares of W.W. Grainger by 50.0% in the second quarter. Ridgewood Investments LLC now owns 30 shares of the industrial products company’s stock worth $31,000 after buying an additional 10 shares during the last quarter. Institutional investors own 80.70% of the company’s stock.

Insider Activity at W.W. Grainger

In other news, SVP Jonny M. Leroy sold 500 shares of the business’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $992.86, for a total value of $496,430.00. Following the transaction, the senior vice president owned 1,771 shares of the company’s stock, valued at approximately $1,758,355.06. The trade was a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 6.10% of the company’s stock.

W.W. Grainger Price Performance

Shares of W.W. Grainger stock opened at $978.00 on Friday. The stock’s 50-day simple moving average is $979.33 and its 200-day simple moving average is $1,015.87. 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 market capitalization of $46.78 billion, a price-to-earnings ratio of 24.82, a PEG ratio of 2.79 and a beta of 1.17. The company has a quick ratio of 1.64, a current ratio of 2.82 and a debt-to-equity ratio of 0.57.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings data on Friday, October 31st. The industrial products company reported $10.21 EPS for the quarter, beating the consensus estimate of $9.95 by $0.26. W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The business had revenue of $4.66 billion for the quarter, compared to the consensus estimate of $4.64 billion. During the same period in the previous year, the business earned $9.87 earnings per share. The business’s revenue was up 6.1% on a year-over-year basis. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. As a group, analysts expect that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 10th will be issued a $2.26 dividend. This represents a $9.04 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, November 10th. W.W. Grainger’s payout ratio is 22.94%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of W.W. Grainger from $1,035.00 to $1,050.00 and gave the stock a “neutral” rating in a report on Wednesday, October 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of W.W. Grainger in a report on Thursday. Loop Capital dropped their price objective on shares of W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating on the stock in a report on Monday, August 4th. Morgan Stanley dropped their price objective on shares of W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating on the stock in a report on Friday, July 11th. Finally, Royal Bank Of Canada decreased their target price on shares of W.W. Grainger from $1,176.00 to $1,007.00 and set a “sector perform” rating on the stock in a research note on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $1,053.71.

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.