W.W. Grainger (NYSE:GWW) Price Target Raised to $1,185.00

W.W. Grainger (NYSE:GWWFree Report) had its target price upped by Barclays from $1,166.00 to $1,185.00 in a research report report published on Tuesday morning,Benzinga reports. They currently have an underweight rating on the industrial products company’s stock.

Several other research firms have also recently weighed in on GWW. Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Sanford C. Bernstein boosted their price target on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a “market perform” rating in a research report on Tuesday, April 21st. Wolfe Research raised W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Royal Bank Of Canada cut their target price on shares of W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 5th. Finally, Stephens cut W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price objective for the company. in a research note on Tuesday, July 14th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $1,274.12.

Read Our Latest Research Report on W.W. Grainger

W.W. Grainger Stock Up 1.2%

Shares of GWW opened at $1,320.84 on Tuesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81. W.W. Grainger has a 52 week low of $906.52 and a 52 week high of $1,419.91. The stock has a market capitalization of $62.21 billion, a price-to-earnings ratio of 33.68, a PEG ratio of 2.32 and a beta of 1.04. The stock has a fifty day moving average of $1,344.96 and a 200-day moving average of $1,220.36.

W.W. Grainger (NYSE:GWWGet Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, topping analysts’ consensus estimates of $11.30 by $0.71. The business had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.W.W. Grainger’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, sell-side analysts anticipate that W.W. Grainger will post 46.14 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

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

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of GWW. Miller Capital Partners Inc. bought a new position in W.W. Grainger during the 4th quarter valued at $26,000. MV Capital Management Inc. purchased a new position in W.W. Grainger during the 4th quarter worth $28,000. Elyxium Wealth LLC bought a new stake in shares of W.W. Grainger in the 4th quarter worth $30,000. Elevation Wealth Partners LLC grew its stake in shares of W.W. Grainger by 420.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 21 shares in the last quarter. Finally, Caitlin John LLC purchased a new stake in shares of W.W. Grainger in the fourth quarter valued at about $35,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.

W.W. Grainger Company Profile

(Get 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.

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Analyst Recommendations for W.W. Grainger (NYSE:GWW)

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