Pacer Advisors Inc. raised its stake in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 40.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 5,011 shares of the industrial products company’s stock after purchasing an additional 1,440 shares during the period. Pacer Advisors Inc.’s holdings in W.W. Grainger were worth $5,056,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GWW. Miller Capital Partners Inc. bought a new position in shares of W.W. Grainger in the fourth quarter valued at approximately $26,000. Ameriflex Group Inc. grew its holdings in W.W. Grainger by 211.1% during the third quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock worth $27,000 after buying an additional 19 shares in the last quarter. MV Capital Management Inc. purchased a new stake in W.W. Grainger in the 4th quarter valued at $28,000. Harbor Investment Advisory LLC raised its position in W.W. Grainger by 314.3% in the 4th 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 during the last quarter. Finally, Elyxium Wealth LLC bought a new position in W.W. Grainger during the 4th quarter valued at $30,000. 80.70% of the stock is owned by institutional investors.
Analysts Set New Price Targets
GWW has been the topic of a number of analyst reports. DA Davidson started coverage on shares of W.W. Grainger in a report on Tuesday, June 16th. They set a “neutral” rating and a $1,250.00 price objective on the stock. Weiss Ratings upgraded shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Barclays raised their price target on shares of W.W. Grainger from $1,047.00 to $1,171.00 and gave the company an “underweight” rating in a research report on Tuesday, May 12th. Wall Street Zen upgraded shares of W.W. Grainger from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Finally, Morgan Stanley upped their price objective on shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 27th. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, W.W. Grainger presently has an average rating of “Hold” and a consensus target price of $1,217.00.
W.W. Grainger Trading Down 1.6%
Shares of W.W. Grainger stock opened at $1,343.73 on Tuesday. The firm has a market cap of $63.44 billion, a PE ratio of 36.14, a P/E/G ratio of 2.52 and a beta of 1.04. W.W. Grainger, Inc. has a 1 year low of $906.52 and a 1 year high of $1,377.08. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.60. The stock has a fifty day moving average price of $1,237.43 and a 200-day moving average price of $1,132.53.
W.W. Grainger (NYSE:GWW – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The industrial products company reported $11.65 earnings per share for the quarter, topping analysts’ consensus estimates of $10.21 by $1.44. The company had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.58 billion. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The firm’s quarterly revenue was up 10.1% on a year-over-year basis. During the same period in the previous year, the firm earned $9.86 EPS. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. Equities research analysts anticipate that W.W. Grainger, Inc. will post 45.39 EPS for the current year.
W.W. Grainger Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 11th were paid a $2.49 dividend. The ex-dividend date was Monday, May 11th. This is a positive change from W.W. Grainger’s previous quarterly dividend of $2.26. This represents a $9.96 dividend on an annualized basis and a yield of 0.7%. 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 firm’s stock in a transaction that occurred 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 owned 399 shares in the company, valued at $491,444.31. This trade represents a 43.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Paige K. Robbins sold 1,457 shares of W.W. Grainger stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $1,232.29, for a total transaction of $1,795,446.53. Following the completion of the sale, the vice president directly owned 2,232 shares in the company, valued at $2,750,471.28. This trade represents a 39.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 4,112 shares of company stock valued at $4,890,339 in the last three months. Insiders own 6.30% of the company’s stock.
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.
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