W.W. Grainger, Inc. $GWW Shares Sold by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt lowered its position in W.W. Grainger, Inc. (NYSE:GWWFree Report) by 88.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 371 shares of the industrial products company’s stock after selling 2,930 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in W.W. Grainger were worth $374,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in W.W. Grainger in the 4th quarter valued at $518,958,000. Northwestern Mutual Wealth Management Co. raised its holdings in W.W. Grainger by 34,269.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 435,466 shares of the industrial products company’s stock valued at $439,407,000 after acquiring an additional 434,199 shares during the last quarter. Sustainable Growth Advisers LP acquired a new position in W.W. Grainger in the 3rd quarter valued at $239,597,000. Vanguard Group Inc. raised its holdings in W.W. Grainger by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 5,731,880 shares of the industrial products company’s stock valued at $5,462,252,000 after acquiring an additional 104,607 shares during the last quarter. Finally, M&T Bank Corp raised its holdings in W.W. Grainger by 899.0% in the 4th quarter. M&T Bank Corp now owns 94,737 shares of the industrial products company’s stock valued at $95,594,000 after acquiring an additional 85,254 shares during the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Stock Up 0.9%

Shares of NYSE GWW opened at $1,300.83 on Friday. W.W. Grainger, Inc. has a 52-week low of $906.52 and a 52-week high of $1,306.51. The firm has a fifty day moving average of $1,188.64 and a 200-day moving average of $1,101.24. The stock has a market capitalization of $61.41 billion, a PE ratio of 34.99, a P/E/G ratio of 2.38 and a beta of 1.04. The company has a quick ratio of 1.60, a current ratio of 2.69 and a debt-to-equity ratio of 0.55.

W.W. Grainger (NYSE:GWWGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The industrial products company reported $11.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.21 by $1.44. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The company had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.58 billion. During the same period in the previous year, the company earned $9.86 EPS. The business’s quarterly revenue was up 10.1% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. On average, analysts anticipate that W.W. Grainger, Inc. will post 45.34 EPS for the current year.

W.W. Grainger Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 11th were paid a dividend of $2.49 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $9.96 annualized dividend and a dividend yield of 0.8%. This is a boost from W.W. Grainger’s previous quarterly dividend of $2.26. W.W. Grainger’s dividend payout ratio is presently 26.79%.

Insider Activity at W.W. Grainger

In other news, VP Laurie R. Thomson sold 313 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $1,231.69, for a total transaction of $385,518.97. Following the completion of the sale, the vice president directly owned 399 shares of the company’s stock, valued at $491,444.31. The trade was a 43.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Paige K. Robbins sold 1,457 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $1,232.29, for a total transaction of $1,795,446.53. Following the sale, the vice president directly owned 2,232 shares of the company’s stock, valued at $2,750,471.28. This represents a 39.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 6,451 shares of company stock valued at $7,380,743 over the last quarter. 6.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have weighed in on GWW shares. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Sanford C. Bernstein boosted their price target on W.W. Grainger from $1,052.00 to $1,125.00 and gave the company a “market perform” rating in a report on Tuesday, April 21st. Royal Bank Of Canada boosted their price target on W.W. Grainger from $1,170.00 to $1,337.00 and gave the company a “sector perform” rating in a report on Friday, May 8th. Finally, Stephens boosted their price target on W.W. Grainger from $1,300.00 to $1,355.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $1,212.88.

Read Our Latest Stock Report on GWW

About W.W. Grainger

(Free Report)

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.

See Also

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

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