UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 13.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 551,392 shares of the industrial products company’s stock after selling 86,955 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 1.17% of W.W. Grainger worth $750,114,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in GWW. Toth Financial Advisory Corp raised its stake in W.W. Grainger by 5.8% in the second quarter. Toth Financial Advisory Corp now owns 12,363 shares of the industrial products company’s stock valued at $16,818,000 after buying an additional 676 shares during the last quarter. Mufg Securities Americas Inc. grew its stake in shares of W.W. Grainger by 8.1% during the second quarter. Mufg Securities Americas Inc. now owns 1,308 shares of the industrial products company’s stock worth $1,779,000 after acquiring an additional 98 shares during the last quarter. Kingsview Wealth Management LLC purchased a new stake in shares of W.W. Grainger during the second quarter worth about $338,000. Beacon Pointe Advisors LLC purchased a new position in shares of W.W. Grainger in the 2nd quarter valued at approximately $2,089,000. Finally, Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in W.W. Grainger in the 2nd quarter worth approximately $504,000. 80.70% of the stock is owned by institutional investors and hedge funds.
W.W. Grainger Stock Down 1.2%
W.W. Grainger stock opened at $1,305.72 on Friday. The stock has a market capitalization of $61.50 billion, a PE ratio of 33.29, a price-to-earnings-growth ratio of 2.32 and a beta of 1.04. W.W. Grainger, Inc. has a 12 month low of $906.52 and a 12 month high of $1,419.91. The business has a 50 day simple moving average of $1,342.92 and a 200-day simple moving average of $1,234.83. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70.
W.W. Grainger Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 10th will be given a dividend of $2.49 per share. The ex-dividend date is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. W.W. Grainger’s payout ratio is presently 25.40%.
Key Headlines Impacting W.W. Grainger
Here are the key news stories impacting W.W. Grainger this week:
- Positive Sentiment: Zacks upgraded GWW to a No. 2 (Buy) rank, citing growing optimism about the company’s earnings prospects. Zacks rating upgrade article
- Positive Sentiment: Zacks Research raised multiple future EPS estimates, including FY2027 to $50.40 from $50.21 and FY2028 to $54.37 from $54.17. Estimates were also increased for Q1 2027, Q2 2027, Q4 2027 and Q2 2028, suggesting modestly improving expectations for profitability. MarketBeat analyst estimates
- Positive Sentiment: Grainger’s latest reported quarter exceeded expectations, with EPS of $12.01 versus the $11.30 consensus and revenue of $5.02 billion versus $4.96 billion. Revenue increased 10.3% year over year, supporting the case for continued earnings growth.
- Neutral Sentiment: Wall Street commentary is mixed: GWW has outperformed the broader market over the past year, but analysts remain cautious about its future upside. Barchart analyst outlook article
- Negative Sentiment: Valuation may be limiting enthusiasm. Grainger trades at roughly 33 times earnings, while its shares are below the 50-day moving average after approaching a 12-month high. Investors may be taking profits or demanding stronger estimate increases before bidding the stock higher. MSN analyst outlook article
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the stock. Oppenheimer upped their price target on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Wall Street Zen raised W.W. Grainger from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. DA Davidson upped their price target on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Morgan Stanley increased their price target on W.W. Grainger from $1,300.00 to $1,400.00 and gave the stock an “equal weight” rating in a research report on Monday, August 24th. 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 report on Tuesday, July 14th. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $1,286.62.
W.W. Grainger Company 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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