Capstone Capital Management Ltd acquired a new position in W.W. Grainger, Inc. (NYSE:GWW – Free Report) in the third quarter, Holdings Channel reports. The fund acquired 640 shares of the industrial products company’s stock, valued at approximately $797,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of W.W. Grainger during the 2nd quarter worth approximately $6,303,024,000. Bank of America Corp DE bought a new position in shares of W.W. Grainger in the second quarter valued at approximately $621,127,000. Amundi grew its holdings in shares of W.W. Grainger by 24.1% in the second quarter. Amundi now owns 363,308 shares of the industrial products company’s stock valued at $494,244,000 after acquiring an additional 70,451 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of W.W. Grainger by 2.4% during the first quarter. Dimensional Fund Advisors LP now owns 409,142 shares of the industrial products company’s stock valued at $446,210,000 after acquiring an additional 9,743 shares during the last quarter. Finally, Legal & General Group Plc purchased a new stake in shares of W.W. Grainger during the second quarter valued at approximately $407,051,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.
W.W. Grainger Stock Performance
Shares of GWW opened at $1,335.09 on Wednesday. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53. W.W. Grainger, Inc. has a 12-month low of $906.52 and a 12-month high of $1,419.91. The company has a market cap of $62.88 billion, a PE ratio of 34.04, a price-to-earnings-growth ratio of 2.33 and a beta of 1.01. The stock has a 50-day moving average price of $1,294.25 and a 200-day moving average price of $1,282.29.
W.W. Grainger (NYSE:GWW – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $11.30 by $0.71. The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.96 billion. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The firm’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, equities analysts forecast that W.W. Grainger, Inc. will post 46.31 earnings per share for the current fiscal year.
W.W. Grainger Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th were issued a dividend of $2.49 per share. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, August 10th. W.W. Grainger’s dividend payout ratio is currently 25.40%.
Analyst Ratings Changes
A number of brokerages recently commented on GWW. Barclays dropped their price target on W.W. Grainger from $1,185.00 to $1,172.00 and set an “underweight” rating on the stock in a report on Friday, September 25th. Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. Stephens downgraded 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. Robert W. Baird raised their target price on W.W. Grainger from $1,365.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Finally, Jefferies Financial Group lifted their target price on W.W. Grainger from $1,150.00 to $1,300.00 and gave the stock a “hold” rating in a research note on Monday, July 20th. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $1,253.85.
Read Our Latest Analysis on GWW
W.W. Grainger Profile
W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) supplies for businesses, government agencies and other organizations. Its product offerings include safety equipment, tools, fasteners, electrical and plumbing supplies, material-handling equipment, cleaning and janitorial products, HVAC supplies, and facility-maintenance products.
The company also provides services designed to help customers manage procurement and workplace operations, including product selection support, inventory-management programs, digital purchasing tools, and technical assistance.
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