NewEdge Advisors LLC lifted its stake in W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 51.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,810 shares of the industrial products company’s stock after acquiring an additional 1,627 shares during the period. NewEdge Advisors LLC’s holdings in W.W. Grainger were worth $5,247,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Miller Capital Partners Inc. bought a new stake in W.W. Grainger during the fourth quarter worth approximately $26,000. MV Capital Management Inc. bought a new position in shares of W.W. Grainger in the fourth quarter valued at approximately $28,000. Elyxium Wealth LLC acquired a new stake in shares of W.W. Grainger in the fourth quarter worth $30,000. Caitlin John LLC acquired a new stake in shares of W.W. Grainger in the fourth quarter worth $35,000. Finally, Harbor Investment Advisory LLC boosted its holdings in shares of W.W. Grainger by 34.5% during the 1st quarter. Harbor Investment Advisory LLC now owns 39 shares of the industrial products company’s stock worth $43,000 after buying an additional 10 shares during the period. 80.70% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the stock. Barclays raised their target price on shares of W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a research note on Tuesday. Stephens lowered shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 target price for the company. in a research report on Tuesday, July 14th. Oppenheimer upped their price target on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. DA Davidson raised their price target on W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Finally, Royal Bank Of Canada dropped their price objective on W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $1,274.12.
W.W. Grainger Stock Up 0.3%
GWW opened at $1,301.38 on Wednesday. The business has a 50 day moving average of $1,343.95 and a 200-day moving average of $1,216.81. The stock has a market capitalization of $61.30 billion, a price-to-earnings ratio of 33.18, a P/E/G ratio of 2.31 and a beta of 1.04. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53. W.W. Grainger, Inc. has a 1-year low of $906.52 and a 1-year high of $1,419.91.
W.W. Grainger (NYSE:GWW – Get Free Report) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.30 by $0.71. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The business had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same quarter in the previous year, the firm posted $9.97 earnings per share. W.W. Grainger’s revenue was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, sell-side analysts anticipate that W.W. Grainger, Inc. will post 46.14 earnings per share for the current year.
W.W. Grainger Announces Dividend
The business also recently disclosed 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. The ex-dividend date of this dividend is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.8%. W.W. Grainger’s dividend payout ratio is currently 25.40%.
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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