Natixis Advisors LLC cut its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 4.8% during the third quarter, HoldingsChannel.com reports. The fund owned 15,402 shares of the industrial products company’s stock after selling 774 shares during the period. Natixis Advisors LLC’s holdings in W.W. Grainger were worth $14,677,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of GWW. Accredited Investors Inc. purchased a new position in W.W. Grainger in the 3rd quarter worth approximately $25,000. Loomis Sayles & Co. L P acquired a new position in shares of W.W. Grainger during the 2nd quarter worth approximately $27,000. Asset Dedication LLC grew its position in shares of W.W. Grainger by 136.4% in the second quarter. Asset Dedication LLC now owns 26 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 15 shares in the last quarter. Ameriflex Group Inc. grew its position in shares of W.W. Grainger by 211.1% in the third quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 19 shares in the last quarter. Finally, Tobam increased its holdings in shares of W.W. Grainger by 3,900.0% in the second quarter. Tobam now owns 40 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 39 shares during the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.
Wall Street Analyst Weigh In
GWW has been the topic of a number of recent research reports. Weiss Ratings raised W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. Oppenheimer raised their target price on W.W. Grainger from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Morgan Stanley lifted their price target on W.W. Grainger from $1,100.00 to $1,190.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 3rd. Finally, JPMorgan Chase & Co. boosted their price target on shares of W.W. Grainger from $1,100.00 to $1,165.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $1,071.38.
Insider Transactions at W.W. Grainger
In related news, VP Krantz Nancy L. Berardinelli sold 195 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $1,023.93, for a total value of $199,666.35. Following the sale, the vice president directly owned 3,174 shares in the company, valued at approximately $3,249,953.82. The trade was a 5.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 6.10% of the company’s stock.
W.W. Grainger Trading Down 2.5%
GWW opened at $1,082.62 on Friday. The stock has a market capitalization of $51.24 billion, a PE ratio of 30.59, a P/E/G ratio of 2.34 and a beta of 1.10. W.W. Grainger, Inc. has a one year low of $893.99 and a one year high of $1,218.63. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.59 and a current ratio of 2.83. The business’s 50 day moving average price is $1,100.89 and its 200 day moving average price is $1,020.67.
W.W. Grainger (NYSE:GWW – Get Free Report) last posted its earnings results on Tuesday, February 3rd. The industrial products company reported $9.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.46 by ($0.01). W.W. Grainger had a return on equity of 47.46% and a net margin of 9.51%.The business had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.39 billion. During the same period last year, the business earned $9.71 EPS. W.W. Grainger’s revenue was up 4.5% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. As a group, equities research analysts expect that W.W. Grainger, Inc. will post 40.3 EPS for the current year.
W.W. Grainger Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Monday, February 9th were given a dividend of $2.26 per share. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, February 9th. W.W. Grainger’s dividend payout ratio (DPR) is presently 25.54%.
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.
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