Roberts Glore & Co. Inc. IL Makes New Investment in W.W. Grainger, Inc. $GWW

Roberts Glore & Co. Inc. IL acquired a new stake in W.W. Grainger, Inc. (NYSE:GWW – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 461 shares of the industrial products company’s stock, valued at approximately $627,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. BlackRock Inc. bought a new position in W.W. Grainger during the 2nd quarter worth $6,303,024,000. State Street Corp grew its holdings in shares of W.W. Grainger by 1.2% during the 4th quarter. State Street Corp now owns 2,019,452 shares of the industrial products company’s stock worth $2,037,728,000 after purchasing an additional 23,399 shares in the last quarter. Geode Capital Management LLC increased its position in shares of W.W. Grainger by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 1,217,834 shares of the industrial products company’s stock worth $1,230,214,000 after purchasing an additional 10,533 shares during the period. Wellington Management Group LLP increased its position in shares of W.W. Grainger by 1,462.1% in the fourth quarter. Wellington Management Group LLP now owns 1,071,854 shares of the industrial products company’s stock worth $1,081,554,000 after purchasing an additional 1,003,237 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its stake in W.W. Grainger by 61.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,027,286 shares of the industrial products company’s stock valued at $1,036,584,000 after purchasing an additional 389,589 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

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W.W. Grainger Stock Down 1.6%

Shares of NYSE:GWW opened at $1,301.27 on Wednesday. W.W. Grainger, Inc. has a 52-week low of $906.52 and a 52-week high of $1,419.91. The company has a market capitalization of $61.29 billion, a PE ratio of 33.18, a price-to-earnings-growth ratio of 2.35 and a beta of 1.04. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81. The company has a fifty day moving average of $1,344.46 and a 200-day moving average of $1,232.38.

W.W. Grainger (NYSE:GWW – Get 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. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The business had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same quarter in the previous year, the company posted $9.97 EPS. W.W. Grainger’s quarterly revenue was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, equities analysts predict that W.W. Grainger, Inc. will post 46.1 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

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

Analysts Set New Price Targets

GWW has been the topic of several recent analyst reports. Weiss Ratings raised shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Stephens downgraded shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price target for the company. in a report on Tuesday, July 14th. Wolfe Research raised shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Morgan Stanley boosted their price objective on shares of W.W. Grainger from $1,300.00 to $1,400.00 and gave the company an “equal weight” rating in a research report on Monday. Finally, Oppenheimer upped their target price on W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $1,286.62.

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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.

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