Simplicity Wealth LLC Acquires New Shares in W.W. Grainger, Inc. $GWW

Simplicity Wealth LLC bought a new position in shares of W.W. Grainger, Inc. (NYSE:GWW) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 655 shares of the industrial products company’s stock, valued at approximately $891,000.

Other institutional investors have also added to or reduced their stakes in the company. Trivium Point Advisory LLC bought a new position in W.W. Grainger in the 2nd quarter worth about $555,000. HBK Sorce Advisory LLC purchased a new position in W.W. Grainger during the second quarter valued at approximately $1,988,000. Horizon Investment Services LLC bought a new stake in W.W. Grainger during the 2nd quarter worth approximately $805,000. Global Retirement Partners LLC bought a new stake in W.W. Grainger during the 2nd quarter worth approximately $2,051,000. Finally, 1ST Source Bank purchased a new stake in W.W. Grainger in the 2nd quarter worth approximately $1,722,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.

W.W. Grainger Price Performance

GWW stock opened at $1,322.34 on Monday. The firm’s 50-day moving average price is $1,345.39 and its two-hundred day moving average price is $1,222.27. W.W. Grainger, Inc. has a 12-month low of $906.52 and a 12-month high of $1,419.91. The stock has a market capitalization of $62.28 billion, a price-to-earnings ratio of 33.72, a PEG ratio of 2.35 and a beta of 1.04. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53.

W.W. Grainger (NYSE:GWW) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, topping analysts’ consensus estimates of $11.30 by $0.71. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The company had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same period in the prior year, the business posted $9.97 earnings per share. W.W. Grainger’s revenue for the quarter was up 10.3% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, equities analysts predict that W.W. Grainger, Inc. will post 46.14 earnings per share for the current year.

W.W. Grainger Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Wolfe Research upgraded shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Barclays boosted their price target on shares of W.W. Grainger from $1,166.00 to $1,185.00 and gave the stock an “underweight” rating in a research note on Tuesday, August 11th. Sanford C. Bernstein raised their price objective on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the company a “market perform” rating in a research report on Tuesday, April 21st. Oppenheimer upped their target price on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Finally, DA Davidson upped their target price on W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $1,274.12.

About W.W. Grainger

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.