W.W. Grainger, Inc. $GWW Stock Position Raised by TKG Advisors LLC

TKG Advisors LLC lifted its position in W.W. Grainger, Inc. (NYSE:GWW) by 99.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 499 shares of the industrial products company’s stock after acquiring an additional 249 shares during the quarter. TKG Advisors LLC’s holdings in W.W. Grainger were worth $519,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of GWW. Brighton Jones LLC lifted its stake in W.W. Grainger by 46.8% in the 4th quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock worth $338,000 after acquiring an additional 102 shares in the last quarter. Callan Capital LLC lifted its stake in W.W. Grainger by 3.0% in the 1st quarter. Callan Capital LLC now owns 825 shares of the industrial products company’s stock worth $815,000 after acquiring an additional 24 shares in the last quarter. Fullcircle Wealth LLC purchased a new stake in shares of W.W. Grainger in the first quarter worth approximately $233,000. Brown Advisory Inc. lifted its position in shares of W.W. Grainger by 10.9% in the first quarter. Brown Advisory Inc. now owns 3,821 shares of the industrial products company’s stock worth $3,775,000 after purchasing an additional 374 shares in the last quarter. Finally, Stratos Investment Management LLC purchased a new stake in shares of W.W. Grainger in the first quarter worth approximately $266,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Insider Buying and Selling at W.W. Grainger

In related news, SVP Jonny M. Leroy sold 500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The stock was 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 of the company’s stock, valued at approximately $1,758,355.06. This trade represents a 22.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 6.10% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Royal Bank Of Canada increased their price target on shares of W.W. Grainger from $1,006.00 to $1,050.00 and gave the stock a “sector perform” rating in a research report on Monday. Morgan Stanley cut 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. Barclays began coverage on W.W. Grainger in a report on Wednesday, October 8th. They set an “underweight” rating and a $963.00 price objective for the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of W.W. Grainger in a report on Thursday, October 30th. Finally, JPMorgan Chase & Co. increased their price objective on W.W. Grainger from $1,035.00 to $1,050.00 and gave the stock a “neutral” rating in a report on Wednesday, October 15th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, W.W. Grainger has an average rating of “Hold” and an average target price of $1,059.86.

W.W. Grainger Stock Down 1.2%

W.W. Grainger stock opened at $954.89 on Wednesday. The company has a market capitalization of $45.67 billion, a P/E ratio of 24.23, a P/E/G ratio of 2.79 and a beta of 1.17. The firm’s fifty day simple moving average is $977.22 and its 200-day simple moving average is $1,015.60. The company has a current ratio of 2.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.57. W.W. Grainger, Inc. has a 1-year low of $893.99 and a 1-year high of $1,227.66.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings results on Friday, October 31st. The industrial products company reported $10.21 earnings per share for the quarter, beating analysts’ consensus estimates of $9.95 by $0.26. W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. The business had revenue of $4.66 billion for the quarter, compared to the consensus estimate of $4.64 billion. During the same quarter last year, the firm earned $9.87 EPS. W.W. Grainger’s revenue for the quarter was up 6.1% on a year-over-year basis. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. Sell-side analysts forecast that W.W. Grainger, Inc. will post 40.3 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 Monday, December 1st. Investors of record on Monday, November 10th will be paid a $2.26 dividend. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, November 10th. W.W. Grainger’s dividend payout ratio (DPR) is presently 25.35%.

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.