FSA Advisors Inc. acquired a new stake in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) during the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 503 shares of the industrial products company’s stock, valued at approximately $548,000.
A number of other large investors also recently modified their holdings of the company. Miller Capital Partners Inc. purchased a new stake in W.W. Grainger in the fourth quarter worth approximately $26,000. MV Capital Management Inc. bought a new position in W.W. Grainger during the fourth quarter valued at approximately $28,000. Harbor Investment Advisory LLC raised its stake in shares of W.W. Grainger by 314.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 22 shares in the last quarter. Elyxium Wealth LLC purchased a new position in shares of W.W. Grainger during the fourth quarter worth approximately $30,000. Finally, Caitlin John LLC bought a new stake in shares of W.W. Grainger in the 4th quarter worth approximately $35,000. 80.70% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
GWW has been the subject of a number of research reports. Wolfe Research raised shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Sanford C. Bernstein lifted their target price on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a “market perform” rating in a research report on Tuesday, April 21st. DA Davidson assumed coverage on shares of W.W. Grainger in a research note on Tuesday, June 16th. They issued a “neutral” rating and a $1,250.00 price target for the company. Stephens lowered shares of 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. Finally, Royal Bank Of Canada raised their price objective on W.W. Grainger from $1,337.00 to $1,460.00 and gave the company a “sector perform” rating in a research note on Thursday. Two research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $1,230.11.
W.W. Grainger Stock Performance
Shares of GWW stock opened at $1,392.73 on Friday. The company has a market capitalization of $65.76 billion, a P/E ratio of 37.46, a PEG ratio of 2.59 and a beta of 1.03. W.W. Grainger, Inc. has a fifty-two week low of $906.52 and a fifty-two week high of $1,419.91. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.60 and a current ratio of 2.69. The stock has a 50 day moving average price of $1,312.23 and a two-hundred day moving average price of $1,178.69.
W.W. Grainger (NYSE:GWW – Get Free Report) last issued its 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 analysts’ expectations of $4.58 billion. During the same quarter last year, the business earned $9.86 earnings per share. The business’s revenue was up 10.1% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. Analysts expect that W.W. Grainger, Inc. will post 45.46 earnings per share for the current year.
W.W. Grainger Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 11th were given a dividend of $2.49 per share. This represents a $9.96 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, May 11th. This is an increase from W.W. Grainger’s previous quarterly dividend of $2.26. W.W. Grainger’s dividend payout ratio is currently 26.79%.
Insiders Place Their Bets
In other news, SVP Jonny M. Leroy sold 854 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,231.06, for a total transaction of $1,051,325.24. Following the completion of the transaction, the senior vice president directly owned 1,554 shares of the company’s stock, valued at approximately $1,913,067.24. This represents a 35.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Paige K. Robbins sold 1,457 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $1,232.29, for a total transaction 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 represents a 39.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,624 shares of company stock valued at $3,232,291 in the last quarter. 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.
Read More
- Five stocks we like better than W.W. Grainger
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Want to see what other hedge funds are holding GWW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for W.W. Grainger, Inc. (NYSE:GWW – Free Report).
Receive News & Ratings for W.W. Grainger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for W.W. Grainger and related companies with MarketBeat.com's FREE daily email newsletter.
