Sone Capital Management LLC Acquires New Position in W.W. Grainger, Inc. $GWW

Sone Capital Management LLC acquired a new position in shares of W.W. Grainger, Inc. (NYSE:GWW) during the second quarter, HoldingsChannel reports. The fund acquired 8,223 shares of the industrial products company’s stock, valued at approximately $11,187,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Avantax Planning Partners Inc. increased its holdings in W.W. Grainger by 1.9% in the fourth quarter. Avantax Planning Partners Inc. now owns 483 shares of the industrial products company’s stock valued at $487,000 after buying an additional 9 shares in the last quarter. Hohimer Wealth Management LLC boosted its stake in shares of W.W. Grainger by 1.2% during the 4th quarter. Hohimer Wealth Management LLC now owns 788 shares of the industrial products company’s stock worth $795,000 after acquiring an additional 9 shares in the last quarter. Sawyer & Company Inc grew its holdings in shares of W.W. Grainger by 1.5% in the 4th quarter. Sawyer & Company Inc now owns 676 shares of the industrial products company’s stock worth $682,000 after acquiring an additional 10 shares during the period. Dearborn Partners LLC grew its holdings in shares of W.W. Grainger by 3.4% in the 4th quarter. Dearborn Partners LLC now owns 305 shares of the industrial products company’s stock worth $308,000 after acquiring an additional 10 shares during the period. Finally, Andina Capital Management LLC increased its stake in W.W. Grainger by 2.5% in the 4th quarter. Andina Capital Management LLC now owns 404 shares of the industrial products company’s stock valued at $408,000 after purchasing an additional 10 shares in the last quarter. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

GWW has been the subject of several research reports. Barclays lifted their price objective on W.W. Grainger from $1,166.00 to $1,185.00 and gave the stock an “underweight” rating in a report on Tuesday, August 11th. Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Royal Bank Of Canada cut their price target on W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 5th. Stephens lowered shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price objective on the stock. in a research report on Tuesday, July 14th. Finally, Morgan Stanley increased their price objective on shares of W.W. Grainger from $1,300.00 to $1,400.00 and gave the company an “equal weight” rating in a research note on Monday. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $1,286.62.

W.W. Grainger Trading Up 0.8%

Shares of W.W. Grainger stock opened at $1,322.16 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70. W.W. Grainger, Inc. has a 1 year low of $906.52 and a 1 year high of $1,419.91. The company has a market capitalization of $62.27 billion, a P/E ratio of 33.71, a P/E/G ratio of 2.33 and a beta of 1.04. The business has a 50 day moving average price of $1,344.88 and a 200 day moving average price of $1,231.64.

W.W. Grainger (NYSE:GWW) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 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 analysts’ expectations of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.W.W. Grainger’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Sell-side analysts anticipate that W.W. Grainger, Inc. will post 46.1 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

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

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.