Marble Wealth LLC acquired a new position in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 454 shares of the industrial products company’s stock, valued at approximately $458,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. increased its stake in W.W. Grainger by 211.1% during the 3rd quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 19 shares during the period. Harbor Investment Advisory LLC increased its stake in W.W. Grainger by 314.3% during the 4th quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 22 shares during the period. Elyxium Wealth LLC bought a new position in W.W. Grainger during the 4th quarter worth $30,000. State of Wyoming increased its stake in W.W. Grainger by 650.0% during the 2nd quarter. State of Wyoming now owns 45 shares of the industrial products company’s stock worth $47,000 after acquiring an additional 39 shares during the period. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in W.W. Grainger during the 4th quarter worth $57,000. Institutional investors own 80.70% of the company’s stock.
Wall Street Analyst Weigh In
GWW has been the topic of several recent analyst reports. Royal Bank Of Canada lifted their price target on W.W. Grainger from $1,170.00 to $1,337.00 and gave the company a “sector perform” rating in a research note on Friday, May 8th. Barclays lifted their price target on W.W. Grainger from $1,047.00 to $1,171.00 and gave the company an “underweight” rating in a research note on Tuesday, May 12th. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Stephens lifted their price target on W.W. Grainger from $1,300.00 to $1,355.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Finally, Sanford C. Bernstein lifted their price target on W.W. Grainger from $1,052.00 to $1,125.00 and gave the company a “market perform” rating in a research note on Tuesday, April 21st. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $1,212.88.
Insider Transactions at W.W. Grainger
In related news, CFO Deidra C. Merriwether sold 1,488 shares of the firm’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $1,114.28, for a total transaction of $1,658,048.64. Following the sale, the chief financial officer owned 10,541 shares of the company’s stock, valued at $11,745,625.48. This trade represents a 12.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jonny M. Leroy sold 854 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $1,231.06, for a total value of $1,051,325.24. Following the sale, the senior vice president directly owned 1,554 shares in the company, valued at approximately $1,913,067.24. This trade represents a 35.47% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 6,451 shares of company stock worth $7,380,743. Insiders own 6.30% of the company’s stock.
W.W. Grainger Trading Up 1.4%
NYSE GWW opened at $1,285.87 on Thursday. The company has a quick ratio of 1.60, a current ratio of 2.69 and a debt-to-equity ratio of 0.55. W.W. Grainger, Inc. has a twelve month low of $906.52 and a twelve month high of $1,296.03. The company has a market cap of $60.71 billion, a price-to-earnings ratio of 34.58, a price-to-earnings-growth ratio of 2.35 and a beta of 1.04. The business’s fifty day moving average is $1,179.60 and its 200 day moving average is $1,097.26.
W.W. Grainger (NYSE:GWW – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The industrial products company reported $11.65 earnings per share for the quarter, beating the consensus estimate of $10.21 by $1.44. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.The company had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter last year, the business posted $9.86 EPS. W.W. Grainger’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. As a group, sell-side analysts expect that W.W. Grainger, Inc. will post 45.34 EPS for the current fiscal year.
W.W. Grainger Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 11th were issued a dividend of $2.49 per share. This is a positive change from W.W. Grainger’s previous quarterly dividend of $2.26. The ex-dividend date of this dividend was 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 26.79%.
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.
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