Strengthening Families & Communities LLC lessened its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 98.8% during the second quarter, Holdings Channel reports. The firm owned 20 shares of the industrial products company’s stock after selling 1,625 shares during the quarter. Strengthening Families & Communities LLC’s holdings in W.W. Grainger were worth $28,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of GWW. BlackRock Inc. bought a new stake in shares of W.W. Grainger in the 2nd quarter worth approximately $6,303,024,000. State Street Corp raised its holdings in shares of W.W. Grainger by 1.2% during the fourth quarter. State Street Corp now owns 2,019,452 shares of the industrial products company’s stock valued at $2,037,728,000 after acquiring an additional 23,399 shares in the last quarter. Geode Capital Management LLC lifted its stake in W.W. Grainger by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 1,217,834 shares of the industrial products company’s stock worth $1,230,214,000 after acquiring an additional 10,533 shares during the period. Wellington Management Group LLP lifted its stake in W.W. Grainger by 1,462.1% in the fourth quarter. Wellington Management Group LLP now owns 1,071,854 shares of the industrial products company’s stock worth $1,081,554,000 after acquiring an additional 1,003,237 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its holdings in W.W. Grainger by 61.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,027,286 shares of the industrial products company’s stock valued at $1,036,584,000 after acquiring an additional 389,589 shares in the last quarter. Institutional investors own 80.70% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have commented on GWW. DA Davidson upped their price objective on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Barclays boosted their price target on shares of W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a research report on Tuesday, August 11th. Stephens cut W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price objective on the stock. in a research report on Tuesday, July 14th. Oppenheimer lifted their price target on W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Finally, Weiss Ratings raised W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $1,286.62.
W.W. Grainger Stock Performance
Shares of GWW stock opened at $1,284.82 on Thursday. The company’s 50-day moving average is $1,340.80 and its 200 day moving average is $1,237.93. W.W. Grainger, Inc. has a one year low of $906.52 and a one year high of $1,419.91. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81. The company has a market capitalization of $60.52 billion, a price-to-earnings ratio of 32.76, a price-to-earnings-growth ratio of 2.33 and a beta of 1.03.
W.W. Grainger (NYSE:GWW – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, topping analysts’ consensus estimates 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 net margin of 9.92% and a return on equity of 48.73%. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the business earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Sell-side analysts expect that W.W. Grainger, Inc. will post 46.17 EPS for the current fiscal year.
W.W. Grainger Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th were paid a $2.49 dividend. The ex-dividend date was Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.8%. W.W. Grainger’s 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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