W.W. Grainger, Inc. $GWW Position Raised by Tredje AP fonden

Tredje AP fonden raised its position in shares of W.W. Grainger, Inc. (NYSE:GWW) by 28.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,871 shares of the industrial products company’s stock after buying an additional 869 shares during the period. Tredje AP fonden’s holdings in W.W. Grainger were worth $3,906,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Avantax Planning Partners Inc. grew its stake in shares of W.W. Grainger by 1.9% in the 4th quarter. Avantax Planning Partners Inc. now owns 483 shares of the industrial products company’s stock worth $487,000 after purchasing an additional 9 shares during the last quarter. DAVENPORT & Co LLC boosted its holdings in shares of W.W. Grainger by 0.6% during the fourth quarter. DAVENPORT & Co LLC now owns 1,789 shares of the industrial products company’s stock worth $1,805,000 after purchasing an additional 10 shares during the period. Sawyer & Company Inc grew its holdings in shares of W.W. Grainger by 1.5% during the 4th quarter. Sawyer & Company Inc now owns 676 shares of the industrial products company’s stock valued at $682,000 after acquiring an additional 10 shares in the last quarter. Wells Trecaso Financial Group LLC increased its position in W.W. Grainger by 6.0% in the 3rd quarter. Wells Trecaso Financial Group LLC now owns 212 shares of the industrial products company’s stock worth $202,000 after purchasing an additional 12 shares during the last quarter. Finally, Rafferty Asset Management LLC increased its holdings in W.W. Grainger by 0.3% in the third quarter. Rafferty Asset Management LLC now owns 3,958 shares of the industrial products company’s stock worth $3,772,000 after buying an additional 12 shares during the last quarter. Institutional investors own 80.70% of the company’s stock.

W.W. Grainger Price Performance

Shares of NYSE GWW opened at $1,244.53 on Wednesday. The business has a 50-day moving average of $1,140.56 and a 200-day moving average of $1,074.34. W.W. Grainger, Inc. has a fifty-two week low of $906.52 and a fifty-two week high of $1,286.56. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.60. The stock has a market capitalization of $58.76 billion, a price-to-earnings ratio of 33.47, a PEG ratio of 2.34 and a beta of 1.04.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings results on Thursday, May 7th. The industrial products company reported $11.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.21 by $1.44. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The firm had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same period in the prior year, the firm posted $9.86 earnings per share. The company’s quarterly revenue was up 10.1% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. As a group, sell-side analysts predict that W.W. Grainger, Inc. will post 45.43 earnings per share for the current fiscal year.

W.W. Grainger Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 11th will be paid a dividend of $2.49 per share. This is a boost from W.W. Grainger’s previous quarterly dividend of $2.26. The ex-dividend date is Monday, May 11th. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. W.W. Grainger’s dividend payout ratio is 26.79%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on GWW shares. Royal Bank Of Canada upped their price target on W.W. Grainger from $1,170.00 to $1,337.00 and gave the company a “sector perform” rating in a report on Friday, May 8th. Barclays upped their price objective on shares of W.W. Grainger from $1,047.00 to $1,171.00 and gave the stock an “underweight” rating in a research note on Tuesday, May 12th. Morgan Stanley raised their price objective on shares of W.W. Grainger from $1,100.00 to $1,190.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 3rd. Weiss Ratings raised shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Finally, Stephens upped their price target on W.W. Grainger from $1,300.00 to $1,355.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $1,199.13.

Insider Activity

In other W.W. Grainger news, VP Paige K. Robbins sold 1,457 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $1,232.29, for a total value of $1,795,446.53. Following the sale, the vice president owned 2,232 shares of the company’s stock, valued at approximately $2,750,471.28. This trade represents a 39.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Laurie R. Thomson sold 313 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $1,231.69, for a total value of $385,518.97. Following the transaction, the vice president directly owned 399 shares of the company’s stock, valued at approximately $491,444.31. The trade was a 43.96% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 6,451 shares of company stock worth $7,380,743. Insiders own 6.30% of the company’s stock.

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.