Pensionfund Sabic Purchases New Position in W.W. Grainger, Inc. $GWW

Pensionfund Sabic purchased a new stake in W.W. Grainger, Inc. (NYSE:GWW) during the fourth quarter, Holdings Channel reports. The firm purchased 1,250 shares of the industrial products company’s stock, valued at approximately $1,261,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GWW. Loomis Sayles & Co. L P bought a new stake in shares of W.W. Grainger in the 2nd quarter worth about $27,000. Asset Dedication LLC increased its position in shares of W.W. Grainger by 136.4% during the 2nd quarter. Asset Dedication LLC now owns 26 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 15 shares in the last quarter. Accredited Investors Inc. bought a new position in W.W. Grainger during the 3rd quarter valued at about $25,000. Ameriflex Group Inc. boosted its position in W.W. Grainger by 211.1% in the third quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock valued at $27,000 after buying an additional 19 shares in the last quarter. Finally, Harbor Investment Advisory LLC boosted its position in W.W. Grainger by 314.3% in the fourth quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock valued at $29,000 after buying an additional 22 shares in the last quarter. 80.70% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have weighed in on GWW. Weiss Ratings raised shares of W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. Oppenheimer boosted their target price on W.W. Grainger from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. JPMorgan Chase & Co. increased their price target on W.W. Grainger from $1,100.00 to $1,165.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Morgan Stanley raised their price target on W.W. Grainger from $1,100.00 to $1,190.00 and gave the company an “equal weight” rating in a report on Tuesday, March 3rd. Finally, Barclays lifted their price objective on W.W. Grainger from $1,044.00 to $1,047.00 and gave the company an “underweight” rating in a research report on Monday, March 16th. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $1,080.38.

W.W. Grainger Stock Up 0.9%

Shares of W.W. Grainger stock opened at $1,064.31 on Wednesday. The business has a fifty day simple moving average of $1,106.14 and a 200 day simple moving average of $1,023.17. The stock has a market cap of $50.37 billion, a PE ratio of 30.07, a price-to-earnings-growth ratio of 2.22 and a beta of 1.10. The company has a quick ratio of 1.59, a current ratio of 2.83 and a debt-to-equity ratio of 0.57. W.W. Grainger, Inc. has a 12 month low of $893.99 and a 12 month high of $1,218.63.

W.W. Grainger (NYSE:GWW) last released its earnings results on Tuesday, February 3rd. The industrial products company reported $9.45 earnings per share for the quarter, missing the consensus estimate of $9.46 by ($0.01). W.W. Grainger had a net margin of 9.51% and a return on equity of 47.46%. The company had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.39 billion. During the same period in the previous year, the company posted $9.71 EPS. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. Research analysts predict that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Monday, February 9th were given a $2.26 dividend. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, February 9th. W.W. Grainger’s dividend payout ratio (DPR) is currently 25.54%.

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.