E. Ohman J or Asset Management AB Increases Position in W.W. Grainger, Inc. $GWW

E. Ohman J or Asset Management AB grew its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW) by 1.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 35,180 shares of the industrial products company’s stock after buying an additional 399 shares during the quarter. W.W. Grainger accounts for about 1.1% of E. Ohman J or Asset Management AB’s investment portfolio, making the stock its 16th biggest position. E. Ohman J or Asset Management AB’s holdings in W.W. Grainger were worth $47,859,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Miller Capital Partners Inc. bought a new position in W.W. Grainger in the 4th quarter valued at $26,000. MV Capital Management Inc. purchased a new stake in W.W. Grainger in the fourth quarter worth $28,000. Elyxium Wealth LLC bought a new stake in shares of W.W. Grainger during the fourth quarter worth $30,000. Elevation Wealth Partners LLC lifted its position in shares of W.W. Grainger by 420.0% during the second quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 21 shares during the last quarter. Finally, Caitlin John LLC purchased a new stake in shares of W.W. Grainger during the fourth quarter valued at $35,000. 80.70% of the stock is owned by institutional investors.

W.W. Grainger Trading Up 1.4%

NYSE:GWW opened at $1,295.54 on Tuesday. The firm has a 50-day simple moving average of $1,343.28 and a 200-day simple moving average of $1,215.10. W.W. Grainger, Inc. has a one year low of $906.52 and a one year high of $1,419.91. The firm has a market cap of $61.02 billion, a P/E ratio of 33.03, a P/E/G ratio of 2.32 and a beta of 1.04. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81.

W.W. Grainger (NYSE:GWW) last released 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 firm had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.96 billion. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The company’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period last year, the firm earned $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Equities analysts anticipate that W.W. Grainger, Inc. will post 46.14 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be issued a $2.49 dividend. The ex-dividend date is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.8%. W.W. Grainger’s dividend payout ratio (DPR) is currently 25.40%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on GWW shares. Oppenheimer upped their price target on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Barclays decreased their price objective on shares of W.W. Grainger from $1,171.00 to $1,166.00 and set an “underweight” rating for the company in a report on Tuesday, June 23rd. Stephens cut shares of 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 report on Tuesday, July 14th. Morgan Stanley upped their target price on shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 27th. Finally, Wall Street Zen raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Sunday. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $1,271.75.

W.W. Grainger 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.