Achmea Investment Management B.V. Buys 664 Shares of W.W. Grainger, Inc. $GWW

Achmea Investment Management B.V. lifted its stake in W.W. Grainger, Inc. (NYSE:GWW) by 2.6% during the second quarter, Holdings Channel reports. The fund owned 25,866 shares of the industrial products company’s stock after acquiring an additional 664 shares during the quarter. Achmea Investment Management B.V.’s holdings in W.W. Grainger were worth $26,907,000 as of its most recent filing with the SEC.

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

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on GWW. 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 on the stock. Loop Capital decreased their price objective on W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating on the stock in a report on Monday, August 4th. Royal Bank Of Canada lifted their price objective on W.W. Grainger from $1,006.00 to $1,050.00 and gave the stock a “sector perform” rating in a report on Monday. Morgan Stanley decreased their price objective on W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating on the stock in a report on Friday, July 11th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of W.W. Grainger in a report on Thursday, October 30th. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, W.W. Grainger has an average rating of “Hold” and an average target price of $1,059.86.

Insider Buying and Selling

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of the business’s stock in a transaction 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 owned 1,771 shares of the company’s stock, valued at approximately $1,758,355.06. The trade was a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 6.10% of the company’s stock.

W.W. Grainger Price Performance

Shares of GWW stock opened at $961.79 on Thursday. The stock’s fifty day simple moving average is $976.11 and its 200 day simple moving average is $1,015.23. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.82 and a quick ratio of 1.64. The firm has a market cap of $45.73 billion, a price-to-earnings ratio of 24.40, a P/E/G ratio of 2.79 and a beta of 1.17. W.W. Grainger, Inc. has a one year low of $893.99 and a one year high of $1,227.66.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings data on Friday, October 31st. The industrial products company reported $10.21 EPS for the quarter, topping analysts’ consensus estimates of $9.95 by $0.26. The company had revenue of $4.66 billion for the quarter, compared to analyst estimates of $4.64 billion. W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The business’s revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $9.87 earnings per share. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. On average, analysts expect that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 10th will be paid a $2.26 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $9.04 dividend on an annualized basis and a yield of 0.9%. W.W. Grainger’s payout ratio is currently 25.35%.

W.W. Grainger Company Profile

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.