Sumitomo Mitsui Trust Group Inc. lowered its position in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 7.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 105,551 shares of the industrial products company’s stock after selling 8,849 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in W.W. Grainger were worth $115,136,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of W.W. Grainger by 46.8% in the 4th quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock valued at $338,000 after purchasing an additional 102 shares during the period. Empowered Funds LLC grew its stake in W.W. Grainger by 18.0% during the first quarter. Empowered Funds LLC now owns 2,851 shares of the industrial products company’s stock worth $2,816,000 after purchasing an additional 435 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in W.W. Grainger by 169.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 3,826 shares of the industrial products company’s stock worth $3,980,000 after purchasing an additional 2,407 shares in the last quarter. Gamco Investors INC. ET AL bought a new stake in W.W. Grainger in the second quarter worth approximately $208,000. Finally, Sei Investments Co. lifted its stake in W.W. Grainger by 35.2% in the second quarter. Sei Investments Co. now owns 41,388 shares of the industrial products company’s stock valued at $43,051,000 after buying an additional 10,784 shares during the period. 80.70% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on GWW shares. Wolfe Research upgraded W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday. DA Davidson began coverage on shares of W.W. Grainger in a research report on Tuesday, June 16th. They set a “neutral” rating and a $1,250.00 target price on the stock. Royal Bank Of Canada increased their target price on shares of W.W. Grainger from $1,170.00 to $1,337.00 and gave the stock a “sector perform” rating in a research note on Friday, May 8th. Weiss Ratings cut shares of W.W. Grainger from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 2nd. Finally, Morgan Stanley lifted their price target on shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 27th. Three investment 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 MarketBeat, the company has a consensus rating of “Hold” and an average target price of $1,216.44.
W.W. Grainger Stock Up 1.0%
NYSE:GWW traded up $14.33 on Friday, hitting $1,379.19. The stock had a trading volume of 221,520 shares, compared to its average volume of 340,390. 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 52 week low of $906.52 and a 52 week high of $1,390.96. The business’s fifty day moving average is $1,292.40 and its 200 day moving average is $1,166.23. The company has a market cap of $65.11 billion, a PE ratio of 37.09, a P/E/G ratio of 2.52 and a beta of 1.03.
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 EPS 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 firm had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter in the previous year, the company posted $9.86 earnings per share. The company’s quarterly revenue 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. On average, equities research analysts expect that W.W. Grainger, Inc. will post 45.47 EPS for the current fiscal year.
W.W. Grainger Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 11th were paid a dividend of $2.49 per share. This is a boost from W.W. Grainger’s previous quarterly dividend of $2.26. The ex-dividend date was Monday, May 11th. This represents a $9.96 dividend on an annualized basis and a yield of 0.7%. W.W. Grainger’s dividend payout ratio (DPR) is presently 26.79%.
Insiders Place Their Bets
In other news, VP Laurie R. Thomson sold 313 shares of W.W. Grainger stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,231.69, for a total transaction of $385,518.97. Following the completion of the transaction, the vice president directly owned 399 shares in the company, valued at $491,444.31. This trade represents a 43.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jonny M. Leroy sold 854 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $1,231.06, for a total transaction of $1,051,325.24. Following the sale, the senior vice president directly owned 1,554 shares of the company’s stock, valued at approximately $1,913,067.24. The trade was a 35.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 2,624 shares of company stock worth $3,232,291. Insiders own 6.30% of the company’s stock.
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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