Deutsche Bank AG acquired a new stake in W.W. Grainger, Inc. (NYSE:GWW – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 180,263 shares of the industrial products company’s stock, valued at approximately $245,230,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Avantax Planning Partners Inc. raised its holdings in shares of W.W. Grainger by 1.9% in the 4th quarter. Avantax Planning Partners Inc. now owns 483 shares of the industrial products company’s stock worth $487,000 after acquiring an additional 9 shares during the last quarter. Hohimer Wealth Management LLC increased its holdings in W.W. Grainger by 1.2% during the 4th quarter. Hohimer Wealth Management LLC now owns 788 shares of the industrial products company’s stock worth $795,000 after purchasing an additional 9 shares in the last quarter. Sawyer & Company Inc increased its holdings in W.W. Grainger by 1.5% during the 4th quarter. Sawyer & Company Inc now owns 676 shares of the industrial products company’s stock worth $682,000 after purchasing an additional 10 shares in the last quarter. Dearborn Partners LLC raised its stake in shares of W.W. Grainger by 3.4% in the fourth quarter. Dearborn Partners LLC now owns 305 shares of the industrial products company’s stock worth $308,000 after purchasing an additional 10 shares during the last quarter. Finally, Andina Capital Management LLC raised its stake in shares of W.W. Grainger by 2.5% in the fourth quarter. Andina Capital Management LLC now owns 404 shares of the industrial products company’s stock worth $408,000 after purchasing an additional 10 shares during the last quarter. 80.70% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several research analysts recently issued reports on GWW shares. Morgan Stanley lifted their target price on W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 27th. Stephens lowered W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price target for the company. in a research report on Tuesday, July 14th. Barclays raised their price objective on W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a research note on Tuesday, August 11th. Royal Bank Of Canada cut their price objective 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 report on Wednesday, August 5th. Finally, Weiss Ratings upgraded shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, W.W. Grainger has an average rating of “Hold” and an average price target of $1,274.12.
W.W. Grainger Price Performance
Shares of NYSE GWW opened at $1,314.38 on Wednesday. W.W. Grainger, Inc. has a twelve month low of $906.52 and a twelve month high of $1,419.91. The stock’s 50 day moving average price is $1,345.40 and its 200-day moving average price is $1,225.84. The company has a market capitalization of $61.91 billion, a PE ratio of 33.51, a PEG ratio of 2.35 and a beta of 1.04. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53.
W.W. Grainger (NYSE:GWW – Get Free Report) last released its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.30 by $0.71. The company had revenue of $5.02 billion during 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 quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the company posted $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, equities analysts anticipate that W.W. Grainger, Inc. will post 46.14 EPS for the current year.
W.W. Grainger Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th will be paid a $2.49 dividend. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Monday, August 10th. W.W. Grainger’s dividend payout ratio is 25.40%.
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.
Read More
- Five stocks we like better than W.W. Grainger
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Want to see what other hedge funds are holding GWW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for W.W. Grainger, Inc. (NYSE:GWW – Free Report).
Receive News & Ratings for W.W. Grainger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for W.W. Grainger and related companies with MarketBeat.com's FREE daily email newsletter.
