Osaic Holdings Inc. Has $11.58 Million Stake in W.W. Grainger, Inc. $GWW

Osaic Holdings Inc. grew its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 8.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,107 shares of the industrial products company’s stock after purchasing an additional 875 shares during the quarter. Osaic Holdings Inc.’s holdings in W.W. Grainger were worth $11,581,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Hilltop National Bank bought a new position in shares of W.W. Grainger in the second quarter valued at about $25,000. Quaker Wealth Management LLC increased its position in W.W. Grainger by 196.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 24 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 49 shares in the last quarter. Brown Lisle Cummings Inc. raised its stake in shares of W.W. Grainger by 316.7% in the second quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 19 shares during the last quarter. Loomis Sayles & Co. L P bought a new position in shares of W.W. Grainger in the second quarter worth about $27,000. Finally, Asset Dedication LLC lifted its position in shares of W.W. Grainger by 136.4% during the second quarter. Asset Dedication LLC now owns 26 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 15 shares in the last quarter. Institutional investors own 80.70% of the company’s stock.

Insider Buying and Selling at W.W. Grainger

In other news, CEO Donald G. Macpherson sold 12,163 shares of W.W. Grainger stock in a transaction on Friday, December 5th. The shares were sold at an average price of $972.57, for a total transaction of $11,829,368.91. Following the transaction, the chief executive officer directly owned 103,885 shares of the company’s stock, valued at $101,035,434.45. This trade represents a 10.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Krantz Nancy L. Berardinelli sold 195 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $1,023.93, for a total transaction of $199,666.35. Following the completion of the transaction, the vice president directly owned 3,174 shares of the company’s stock, valued at $3,249,953.82. This trade represents a 5.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 26,881 shares of company stock worth $26,157,155. Company insiders own 6.10% of the company’s stock.

W.W. Grainger Stock Up 0.5%

Shares of W.W. Grainger stock opened at $1,025.12 on Friday. The business has a fifty day simple moving average of $963.92 and a 200 day simple moving average of $995.46. The stock has a market cap of $48.74 billion, a PE ratio of 28.75, a price-to-earnings-growth ratio of 2.77 and a beta of 1.11. The company has a quick ratio of 1.59, a current ratio of 2.72 and a debt-to-equity ratio of 0.60. W.W. Grainger, Inc. has a 12 month low of $893.99 and a 12 month high of $1,139.15.

W.W. Grainger (NYSE:GWW) last issued its earnings results on Friday, October 31st. The industrial products company reported $10.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.95 by $0.26. The firm had revenue of $4.66 billion for the quarter, compared to analysts’ expectations of $4.64 billion. W.W. Grainger had a return on equity of 49.40% and a net margin of 9.75%.The company’s revenue was up 6.1% compared to the same quarter last year. During the same quarter last year, the business earned $9.87 earnings per share. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. Research analysts predict that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 10th were paid a $2.26 dividend. This represents a $9.04 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Monday, November 10th. W.W. Grainger’s dividend payout ratio is presently 25.35%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on GWW. JPMorgan Chase & Co. raised their price target on shares of W.W. Grainger from $1,035.00 to $1,050.00 and gave the company a “neutral” rating in a report on Wednesday, October 15th. Sanford C. Bernstein started coverage on W.W. Grainger in a research note on Wednesday, November 12th. They issued a “market perform” rating and a $975.00 target price for the company. Morgan Stanley cut their price target on W.W. Grainger from $1,150.00 to $1,100.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 25th. Weiss Ratings reiterated a “hold (c+)” rating on shares of W.W. Grainger in a research report on Monday. Finally, Royal Bank Of Canada upped their target price on shares of W.W. Grainger from $1,006.00 to $1,050.00 and gave the company a “sector perform” rating in a research report on Monday, November 3rd. One investment analyst has rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $1,009.43.

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.