Crossmark Global Holdings Inc. Purchases 732 Shares of W.W. Grainger, Inc. $GWW

Crossmark Global Holdings Inc. raised its position in shares of W.W. Grainger, Inc. (NYSE:GWWFree Report) by 71.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,754 shares of the industrial products company’s stock after buying an additional 732 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in W.W. Grainger were worth $1,770,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in W.W. Grainger by 1.9% during the third quarter. Vanguard Group Inc. now owns 5,731,880 shares of the industrial products company’s stock valued at $5,462,252,000 after buying an additional 104,607 shares during the period. State Street Corp lifted its position in W.W. Grainger by 0.7% during the third quarter. State Street Corp now owns 1,996,053 shares of the industrial products company’s stock valued at $1,902,159,000 after buying an additional 13,779 shares during the period. Northern Trust Corp lifted its position in W.W. Grainger by 0.5% during the third quarter. Northern Trust Corp now owns 659,158 shares of the industrial products company’s stock valued at $628,151,000 after buying an additional 3,114 shares during the period. Massachusetts Financial Services Co. MA lifted its position in W.W. Grainger by 7.7% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 477,693 shares of the industrial products company’s stock valued at $482,016,000 after buying an additional 34,307 shares during the period. Finally, Sustainable Growth Advisers LP purchased a new position in W.W. Grainger during the third quarter valued at $239,597,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.

W.W. Grainger Stock Up 1.0%

GWW stock opened at $1,237.89 on Wednesday. The business has a fifty day moving average price of $1,128.41 and a 200-day moving average price of $1,063.89. W.W. Grainger, Inc. has a 1-year low of $906.52 and a 1-year high of $1,286.56. The stock has a market capitalization of $58.44 billion, a P/E ratio of 33.29, a P/E/G ratio of 2.27 and a beta of 1.04. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.60.

W.W. Grainger (NYSE:GWWGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The industrial products company reported $11.65 EPS for the quarter, topping analysts’ consensus estimates of $10.21 by $1.44. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The firm had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.58 billion. During the same period in the previous year, the business posted $9.86 earnings per share. The business’s revenue for the quarter was up 10.1% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. Equities analysts forecast that W.W. Grainger, Inc. will post 45.24 earnings per share for the current fiscal year.

W.W. Grainger Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Monday, May 11th will be paid a $2.49 dividend. This is a positive change from W.W. Grainger’s previous quarterly dividend of $2.26. The ex-dividend date is Monday, May 11th. This represents a $9.96 annualized dividend and a dividend yield of 0.8%. W.W. Grainger’s dividend payout ratio (DPR) is currently 26.79%.

Insider Activity

In related news, CFO Deidra C. Merriwether sold 2,339 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $1,064.73, for a total transaction of $2,490,403.47. Following the completion of the transaction, the chief financial officer directly owned 10,235 shares in the company, valued at approximately $10,897,511.55. The trade was a 18.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 6.30% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on GWW. Oppenheimer raised their target price on shares of W.W. Grainger from $1,250.00 to $1,300.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Stephens raised their target price on shares of W.W. Grainger from $1,300.00 to $1,355.00 and gave the company an “overweight” rating in a research note on Monday. JPMorgan Chase & Co. raised their target price on shares of W.W. Grainger from $1,100.00 to $1,165.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. Barclays raised their target price on shares of W.W. Grainger from $1,047.00 to $1,171.00 and gave the company an “underweight” rating in a research note on Tuesday. Finally, Morgan Stanley raised their target price on shares of W.W. Grainger from $1,100.00 to $1,190.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 3rd. Three research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, W.W. Grainger has an average rating of “Hold” and a consensus price target of $1,199.13.

Get Our Latest Stock Analysis on GWW

About W.W. Grainger

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for W.W. Grainger (NYSE:GWW)

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