W.W. Grainger (NYSE:GWW – Get Free Report) was downgraded by equities researchers at Stephens from an “overweight” rating to an “equal weight” rating in a research note issued on Tuesday. They presently have a $1,355.00 price objective on the industrial products company’s stock. Stephens’ target price suggests a potential downside of 2.60% from the company’s previous close.
A number of other analysts have also commented on the company. Morgan Stanley boosted their price objective on W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 27th. DA Davidson started coverage on shares of W.W. Grainger in a research report on Tuesday, June 16th. They set a “neutral” rating and a $1,250.00 price target on the stock. Wolfe Research upgraded shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Royal Bank Of Canada upped their price objective on shares of W.W. Grainger from $1,170.00 to $1,337.00 and gave the stock a “sector perform” rating in a research report on Friday, May 8th. Finally, Barclays cut their target price on W.W. Grainger from $1,171.00 to $1,166.00 and set an “underweight” rating on the stock in a research note on Tuesday, June 23rd. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $1,216.44.
Check Out Our Latest Research Report on GWW
W.W. Grainger Stock Performance
W.W. Grainger (NYSE:GWW – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The industrial products company reported $11.65 earnings per share 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 firm had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same quarter in the prior year, the business earned $9.86 earnings per share. 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. As a group, sell-side analysts anticipate that W.W. Grainger will post 45.47 EPS for the current year.
Insider Activity
In other news, SVP Jonny M. Leroy sold 854 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $1,231.06, for a total transaction of $1,051,325.24. Following the completion of the transaction, the senior vice president owned 1,554 shares of the company’s stock, valued at approximately $1,913,067.24. The trade was a 35.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Laurie R. Thomson sold 313 shares of W.W. Grainger 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 sale, the vice president owned 399 shares of the company’s stock, valued at approximately $491,444.31. The trade was a 43.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 2,624 shares of company stock worth $3,232,291. 6.30% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in GWW. Elevation Wealth Partners LLC lifted its stake in W.W. Grainger by 420.0% during the second quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 21 shares during the last quarter. Miller Capital Partners Inc. bought a new position in shares of W.W. Grainger during the 4th quarter valued at about $26,000. MV Capital Management Inc. bought a new position in shares of W.W. Grainger during the 4th quarter valued at about $28,000. Harbor Investment Advisory LLC raised its holdings in shares of W.W. Grainger by 314.3% during 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 in the last quarter. Finally, Elyxium Wealth LLC bought a new stake in W.W. Grainger in the 4th quarter worth approximately $30,000. Institutional investors own 80.70% of the company’s stock.
W.W. Grainger Company 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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