Vise Technologies Inc. Acquires New Shares in W.W. Grainger, Inc. $GWW

Vise Technologies Inc. bought a new position in W.W. Grainger, Inc. (NYSE:GWW) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,482 shares of the industrial products company’s stock, valued at approximately $3,376,000.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in W.W. Grainger by 46.8% during 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 during the period. Empowered Funds LLC boosted its holdings in W.W. Grainger by 18.0% in the 1st quarter. Empowered Funds LLC now owns 2,851 shares of the industrial products company’s stock valued at $2,816,000 after purchasing an additional 435 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of W.W. Grainger by 169.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,826 shares of the industrial products company’s stock valued at $3,980,000 after purchasing an additional 2,407 shares in the last quarter. Gamco Investors INC. ET AL purchased a new position in shares of W.W. Grainger during the 2nd quarter valued at $208,000. Finally, Sei Investments Co. increased its holdings in shares of W.W. Grainger by 35.2% in the second quarter. Sei Investments Co. now owns 41,388 shares of the industrial products company’s stock worth $43,051,000 after purchasing an additional 10,784 shares during the period. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Morgan Stanley increased their price objective on W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 27th. Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Barclays raised their price target on W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a report on Tuesday, August 11th. Stephens downgraded W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price target for the company. in a research report on Tuesday, July 14th. Finally, Weiss Ratings raised W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, W.W. Grainger currently has a consensus rating of “Hold” and an average price target of $1,274.12.

W.W. Grainger Stock Up 0.9%

GWW opened at $1,312.12 on Friday. The business’s fifty day simple moving average is $1,344.74 and its 200 day simple moving average is $1,229.54. W.W. Grainger, Inc. has a 52 week low of $906.52 and a 52 week high of $1,419.91. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. The stock has a market cap of $61.80 billion, a PE ratio of 33.46, a P/E/G ratio of 2.31 and a beta of 1.04.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $11.30 by $0.71. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The firm had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same quarter in the previous year, the company posted $9.97 earnings per share. The company’s revenue was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, research analysts expect that W.W. Grainger, Inc. will post 46.1 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th will be paid a $2.49 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $9.96 annualized dividend and a yield of 0.8%. W.W. Grainger’s dividend payout ratio is currently 25.40%.

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.