Campbell & CO Investment Adviser LLC Sells 172 Shares of W.W. Grainger, Inc. $GWW

Campbell & CO Investment Adviser LLC lowered its stake in W.W. Grainger, Inc. (NYSE:GWW) by 4.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,897 shares of the industrial products company’s stock after selling 172 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in W.W. Grainger were worth $4,054,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cary Street Partners Investment Advisory LLC increased its holdings in W.W. Grainger by 3.2% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 323 shares of the industrial products company’s stock valued at $319,000 after buying an additional 10 shares during the period. Hemington Wealth Management lifted its stake in W.W. Grainger by 0.9% during the first quarter. Hemington Wealth Management now owns 1,139 shares of the industrial products company’s stock worth $1,125,000 after purchasing 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 2nd quarter. Grove Bank & Trust now owns 29 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 10 shares in the last quarter. Ridgewood Investments LLC grew its position in W.W. Grainger by 50.0% in the second quarter. Ridgewood Investments LLC now owns 30 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 10 shares during the last quarter. Finally, Brighton Jones LLC raised its stake in W.W. Grainger by 3.3% during the second quarter. Brighton Jones LLC now owns 313 shares of the industrial products company’s stock worth $326,000 after acquiring an additional 10 shares in the last quarter. Institutional investors own 80.70% of the company’s stock.

W.W. Grainger Stock Performance

GWW stock opened at $955.71 on Friday. The firm has a market cap of $45.44 billion, a PE ratio of 24.25, a price-to-earnings-growth ratio of 2.79 and a beta of 1.17. The company has a current ratio of 2.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.57. The stock has a 50-day moving average price of $973.73 and a 200-day moving average price of $1,014.73. W.W. Grainger, Inc. has a 1-year low of $893.99 and a 1-year high of $1,227.66.

W.W. Grainger (NYSE:GWW) last released its earnings results on Friday, October 31st. The industrial products company reported $10.21 EPS for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $4.64 billion. During the same quarter last year, the firm posted $9.87 earnings per share. The firm’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, equities research analysts expect 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 will be paid on Monday, December 1st. Investors of record on Monday, November 10th will be paid a dividend of $2.26 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $9.04 annualized dividend and a yield of 0.9%. W.W. Grainger’s dividend payout ratio is currently 25.35%.

Analysts Set New Price Targets

GWW has been the topic of several research reports. Barclays lifted their price target on shares of W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a report on Friday. Royal Bank Of Canada raised their price objective on W.W. Grainger from $1,006.00 to $1,050.00 and gave the company a “sector perform” rating in a report on Monday, November 3rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of W.W. Grainger in a research report on Thursday, October 30th. JPMorgan Chase & Co. increased their price target on W.W. Grainger from $1,035.00 to $1,050.00 and gave the company a “neutral” rating in a research note on Wednesday, October 15th. Finally, Loop Capital cut their price objective on W.W. Grainger from $1,000.00 to $950.00 and set a “hold” 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 stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $1,061.57.

Insider Buying and Selling

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of W.W. Grainger 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 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. The trade was a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 6.10% of the company’s stock.

W.W. Grainger Company Profile

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.