Mascoma Wealth Management LLC Has $129,000 Stock Position in W.W. Grainger, Inc. $GWW

Mascoma Wealth Management LLC lowered its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 49.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 124 shares of the industrial products company’s stock after selling 120 shares during the period. Mascoma Wealth Management LLC’s holdings in W.W. Grainger were worth $129,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Nuveen LLC bought a new stake in shares of W.W. Grainger during the first quarter worth about $285,574,000. JPMorgan Chase & Co. increased its position in shares of W.W. Grainger by 10.1% during the first quarter. JPMorgan Chase & Co. now owns 822,411 shares of the industrial products company’s stock worth $812,403,000 after acquiring an additional 75,644 shares in the last quarter. Kodai Capital Management LP bought a new stake in shares of W.W. Grainger during the first quarter worth about $67,601,000. Interval Partners LP increased its position in shares of W.W. Grainger by 1,429.9% during the first quarter. Interval Partners LP now owns 67,957 shares of the industrial products company’s stock worth $67,130,000 after acquiring an additional 63,515 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of W.W. Grainger by 1.1% during the first quarter. Vanguard Group Inc. now owns 5,388,378 shares of the industrial products company’s stock worth $5,322,801,000 after acquiring an additional 57,690 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on GWW. JPMorgan Chase & Co. decreased their target price on shares of W.W. Grainger from $1,125.00 to $1,035.00 and set a “neutral” rating for the company in a research report on Thursday, September 4th. Morgan Stanley decreased their target price on shares of W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating for the company in a research report on Friday, July 11th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of W.W. Grainger in a research report on Saturday, September 27th. Loop Capital reduced their price objective on shares of W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating for the company in a research report on Monday, August 4th. Finally, Royal Bank Of Canada reduced their price objective on shares of W.W. Grainger from $1,176.00 to $1,007.00 and set a “sector perform” rating for the company in a research report on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, W.W. Grainger presently has a consensus rating of “Hold” and a consensus target price of $1,069.13.

W.W. Grainger Stock Up 0.4%

GWW opened at $957.17 on Friday. The company has a quick ratio of 1.64, a current ratio of 2.82 and a debt-to-equity ratio of 0.57. The stock has a market cap of $45.78 billion, a price-to-earnings ratio of 24.29, a PEG ratio of 2.78 and a beta of 1.17. W.W. Grainger, Inc. has a twelve month low of $893.99 and a twelve month high of $1,227.66. The company’s 50-day moving average price is $987.72 and its two-hundred day moving average price is $1,017.15.

W.W. Grainger (NYSE:GWW) last released its earnings results on Friday, August 1st. The industrial products company reported $9.97 earnings per share for the quarter, missing analysts’ consensus estimates of $10.07 by ($0.10). The company had revenue of $4.55 billion during the quarter, compared to analysts’ expectations of $4.52 billion. W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. The firm’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $9.76 earnings per share. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. As a group, equities analysts expect that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 1st. Shareholders of record on Monday, August 11th were paid a $2.26 dividend. This represents a $9.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Monday, August 11th. W.W. Grainger’s payout ratio is presently 22.94%.

Insiders Place Their Bets

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of the business’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $992.86, for a total value of $496,430.00. Following the transaction, the senior vice president directly owned 1,771 shares in the company, valued at $1,758,355.06. The trade was a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 6.10% of the stock is currently owned by insiders.

About W.W. Grainger

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.