Brown Miller Wealth Management LLC Increases Stock Holdings in W.W. Grainger, Inc. $GWW

Brown Miller Wealth Management LLC increased its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 13.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 285 shares of the industrial products company’s stock after purchasing an additional 33 shares during the quarter. Brown Miller Wealth Management LLC’s holdings in W.W. Grainger were worth $296,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of GWW. Vanguard Group Inc. raised its stake in shares of W.W. Grainger by 1.1% in the first quarter. Vanguard Group Inc. now owns 5,388,378 shares of the industrial products company’s stock valued at $5,322,801,000 after acquiring an additional 57,690 shares during the period. JPMorgan Chase & Co. grew its holdings in W.W. Grainger by 10.1% during the 1st quarter. JPMorgan Chase & Co. now owns 822,411 shares of the industrial products company’s stock valued at $812,403,000 after purchasing an additional 75,644 shares during the last quarter. Dimensional Fund Advisors LP raised its position in W.W. Grainger by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 416,086 shares of the industrial products company’s stock worth $410,975,000 after purchasing an additional 6,797 shares during the period. Charles Schwab Investment Management Inc. raised its position in W.W. Grainger by 4.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 306,829 shares of the industrial products company’s stock worth $303,095,000 after purchasing an additional 13,330 shares during the period. Finally, Nuveen LLC bought a new stake in W.W. Grainger in the first quarter worth about $285,574,000. 80.70% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of W.W. Grainger stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $992.86, for a total value of $496,430.00. Following the transaction, the senior vice president directly owned 1,771 shares of the company’s stock, valued at approximately $1,758,355.06. The trade was a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.10% of the stock is currently owned by company insiders.

W.W. Grainger Price Performance

Shares of GWW opened at $957.17 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.64 and a current ratio of 2.82. The company has a 50 day moving average price of $987.72 and a 200-day moving average price of $1,017.15. W.W. Grainger, Inc. has a fifty-two week low of $893.99 and a fifty-two week high of $1,227.66. The stock has a market capitalization of $45.78 billion, a PE ratio of 24.29, a PEG ratio of 2.78 and a beta of 1.17.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings data on Friday, August 1st. The industrial products company reported $9.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.07 by ($0.10). The business had revenue of $4.55 billion for the quarter, compared to analysts’ expectations of $4.52 billion. W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the business earned $9.76 earnings per share. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. Equities analysts predict that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 1st. Investors of record on Monday, August 11th were given a dividend of $2.26 per share. The ex-dividend date of this dividend was Monday, August 11th. This represents a $9.04 dividend on an annualized basis and a yield of 0.9%. W.W. Grainger’s dividend payout ratio is presently 22.94%.

Analyst Ratings Changes

GWW has been the topic of several recent analyst reports. Loop Capital reduced their price target on W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating on the stock in a report on Monday, August 4th. JPMorgan Chase & Co. cut their price objective on W.W. Grainger from $1,125.00 to $1,035.00 and set a “neutral” rating on the stock in a research report on Thursday, September 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of W.W. Grainger in a research report on Saturday, September 27th. Royal Bank Of Canada lowered their target price on shares of W.W. Grainger from $1,176.00 to $1,007.00 and set a “sector perform” rating for the company in a research note on Monday, August 4th. Finally, Morgan Stanley reduced their price target on shares of W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating on the stock in a research note on Friday, July 11th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, W.W. Grainger presently has an average rating of “Hold” and a consensus target price of $1,069.13.

W.W. Grainger Profile

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.