W.W. Grainger, Inc. $GWW Shares Bought by Czech National Bank

Czech National Bank grew its position in W.W. Grainger, Inc. (NYSE:GWWFree Report) by 3.8% in the second quarter, HoldingsChannel reports. The institutional investor owned 12,364 shares of the industrial products company’s stock after purchasing an additional 450 shares during the period. Czech National Bank’s holdings in W.W. Grainger were worth $16,820,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in GWW. PensionDanmark Pensionsforsikringsaktieselskab raised its stake in shares of W.W. Grainger by 7.5% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 6,130 shares of the industrial products company’s stock worth $8,339,000 after buying an additional 428 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in W.W. Grainger by 1,353.1% in the 2nd quarter. Assenagon Asset Management S.A. now owns 31,242 shares of the industrial products company’s stock valued at $42,502,000 after acquiring an additional 29,092 shares during the last quarter. Apella Capital LLC increased its holdings in W.W. Grainger by 10.0% during the 2nd quarter. Apella Capital LLC now owns 198 shares of the industrial products company’s stock valued at $269,000 after acquiring an additional 18 shares in the last quarter. 55 North Private Wealth LLC acquired a new position in W.W. Grainger during the second quarter worth about $230,000. Finally, JGP Wealth Management LLC lifted its holdings in shares of W.W. Grainger by 0.4% in the second quarter. JGP Wealth Management LLC now owns 14,195 shares of the industrial products company’s stock valued at $19,311,000 after purchasing an additional 61 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

Insider Activity

In related news, SVP Jonny M. Leroy sold 854 shares of W.W. Grainger stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $1,231.06, for a total transaction of $1,051,325.24. Following the sale, the senior vice president owned 1,554 shares of the company’s stock, valued at $1,913,067.24. The trade was a 35.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Laurie R. Thomson sold 313 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $1,231.69, for a total transaction of $385,518.97. Following the completion of the transaction, the vice president owned 399 shares in the company, valued at $491,444.31. This represents a 43.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,624 shares of company stock worth $3,232,291. 6.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Royal Bank Of Canada lowered their price target on shares of W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating on the stock in a research report on Wednesday. Barclays cut their price objective on shares of W.W. Grainger from $1,171.00 to $1,166.00 and set an “underweight” rating for the company in a research report on Tuesday, June 23rd. Oppenheimer increased their target price on W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a research report on Wednesday. Weiss Ratings raised shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Finally, Sanford C. Bernstein upped their price target on W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a “market perform” rating in a research note on Tuesday, April 21st. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $1,271.75.

View Our Latest Stock Analysis on GWW

W.W. Grainger Stock Performance

Shares of NYSE:GWW opened at $1,277.63 on Friday. The company has a market cap of $60.18 billion, a P/E ratio of 32.58, a PEG ratio of 2.34 and a beta of 1.04. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.60 and a current ratio of 2.81. W.W. Grainger, Inc. has a one year low of $906.52 and a one year high of $1,419.91. The business’s 50-day simple moving average is $1,342.22 and its 200 day simple moving average is $1,212.25.

W.W. Grainger (NYSE:GWWGet Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, topping the consensus estimate of $11.30 by $0.71. The firm had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.W.W. Grainger’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the company posted $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, sell-side analysts forecast that W.W. Grainger, Inc. will post 46 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be given a dividend of $2.49 per share. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, August 10th. W.W. Grainger’s payout ratio is presently 26.79%.

W.W. Grainger Company Profile

(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.

Further Reading

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

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