W.W. Grainger Q3 Earnings Forecast Raised by Zacks Research

W.W. Grainger, Inc. (NYSE:GWW – Free Report) – Analysts at Zacks Research upped their Q3 2028 earnings per share (EPS) estimates for shares of W.W. Grainger in a research note issued on Tuesday, September 29th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $14.19 per share for the quarter, up from their prior forecast of $14.16. The consensus estimate for W.W. Grainger’s current full-year earnings is $46.25 per share.

Other equities analysts have also issued reports about the stock. Weiss Ratings upgraded shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. Barclays reduced their price target on shares of W.W. Grainger from $1,185.00 to $1,172.00 and set an “underweight” rating for the company in a research report on Friday, September 25th. Royal Bank Of Canada decreased their price target on shares of W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 5th. Morgan Stanley raised their price objective on shares of W.W. Grainger from $1,300.00 to $1,400.00 and gave the stock an “equal weight” rating in a research report on Monday, August 24th. Finally, DA Davidson lifted their price objective on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. 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 stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $1,285.00.

View Our Latest Stock Analysis on GWW

W.W. Grainger Stock Down 0.1%

Shares of NYSE:GWW opened at $1,280.43 on Friday. The company has a market capitalization of $60.31 billion, a PE ratio of 32.65, a P/E/G ratio of 2.27 and a beta of 1.01. 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 has a twelve month low of $906.52 and a twelve month high of $1,419.91. The firm has a 50 day simple moving average of $1,301.21 and a 200-day simple moving average of $1,260.55.

W.W. Grainger (NYSE:GWW – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating analysts’ consensus estimates of $11.30 by $0.71. The business had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The business’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS.

Hedge Funds Weigh In On W.W. Grainger

Large investors have recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of W.W. Grainger in the second quarter valued at about $6,303,024,000. Bank of America Corp DE raised its holdings in W.W. Grainger by 4.5% during the first quarter. Bank of America Corp DE now owns 527,969 shares of the industrial products company’s stock worth $575,914,000 after purchasing an additional 22,731 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in W.W. Grainger by 18.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 439,945 shares of the industrial products company’s stock valued at $443,927,000 after purchasing an additional 68,221 shares during the period. Dimensional Fund Advisors LP lifted its position in W.W. Grainger by 2.4% in the first quarter. Dimensional Fund Advisors LP now owns 409,142 shares of the industrial products company’s stock valued at $446,210,000 after purchasing an additional 9,743 shares during the period. Finally, Amundi boosted its holdings in W.W. Grainger by 24.1% in the 2nd quarter. Amundi now owns 363,308 shares of the industrial products company’s stock valued at $494,244,000 after purchasing an additional 70,451 shares in the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

W.W. Grainger Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th were paid a $2.49 dividend. This represents a $9.96 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, August 10th. W.W. Grainger’s payout ratio is currently 25.40%.

W.W. Grainger Company Profile

(Get Free Report)

W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) products and related services. The company serves businesses, government organizations and other institutions that need supplies to maintain facilities, equipment and operations.

Its product offerings include tools, safety equipment, cleaning and maintenance supplies, material-handling products, electrical and plumbing components, lighting, heating and cooling equipment, and other industrial and facility-management products.

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Earnings History and Estimates for W.W. Grainger (NYSE:GWW)

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