Sei Investments Co. raised its holdings in W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 0.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 55,182 shares of the industrial products company’s stock after acquiring an additional 445 shares during the period. Sei Investments Co.’s holdings in W.W. Grainger were worth $60,190,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently modified their holdings of GWW. Wellington Management Group LLP lifted its holdings in shares of W.W. Grainger by 1,462.1% during the 4th quarter. Wellington Management Group LLP now owns 1,071,854 shares of the industrial products company’s stock valued at $1,081,554,000 after purchasing an additional 1,003,237 shares in the last quarter. Norges Bank acquired a new position in shares of W.W. Grainger in the 4th quarter valued at approximately $518,958,000. Northwestern Mutual Wealth Management Co. increased its stake in W.W. Grainger by 34,269.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 435,466 shares of the industrial products company’s stock worth $439,407,000 after purchasing an additional 434,199 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in W.W. Grainger by 61.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,027,286 shares of the industrial products company’s stock worth $1,036,584,000 after purchasing an additional 389,589 shares in the last quarter. Finally, Sustainable Growth Advisers LP acquired a new stake in W.W. Grainger during the 3rd quarter worth approximately $239,597,000. 80.70% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages have weighed in on GWW. Sanford C. Bernstein lifted their price target on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the company a “market perform” rating in a research note on Tuesday, April 21st. Weiss Ratings raised shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. Wall Street Zen upgraded shares of W.W. Grainger from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. DA Davidson initiated coverage on shares of W.W. Grainger in a research report on Tuesday, June 16th. They issued a “neutral” rating and a $1,250.00 price objective on the stock. Finally, Stephens lowered shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 target price for the company. in a research note on Tuesday, July 14th. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $1,230.11.
W.W. Grainger Trading Up 1.0%
Shares of NYSE:GWW opened at $1,381.46 on Friday. The company’s 50-day moving average price is $1,323.39 and its two-hundred day moving average price is $1,191.00. W.W. Grainger, Inc. has a one year low of $906.52 and a one year high of $1,419.91. 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 $65.22 billion, a PE ratio of 37.16, a price-to-earnings-growth ratio of 2.55 and a beta of 1.03.
W.W. Grainger (NYSE:GWW – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The industrial products company reported $11.65 earnings per share for the quarter, beating the consensus estimate of $10.21 by $1.44. The company had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.58 billion. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.W.W. Grainger’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter last year, the company earned $9.86 EPS. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. On average, equities analysts forecast that W.W. Grainger, Inc. will post 45.46 EPS for the current fiscal year.
W.W. Grainger Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors 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%. This is a boost from W.W. Grainger’s previous quarterly dividend of $2.26. The ex-dividend date of this dividend was Monday, May 11th. W.W. Grainger’s payout ratio is currently 26.79%.
Insider Buying and Selling at W.W. Grainger
In other W.W. Grainger news, SVP Jonny M. Leroy sold 854 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $1,231.06, for a total transaction of $1,051,325.24. Following the transaction, the senior vice president owned 1,554 shares of the company’s stock, valued at $1,913,067.24. The trade was a 35.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Laurie R. Thomson sold 313 shares of the company’s stock in a transaction that occurred on 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 sale, the vice president owned 399 shares in the company, valued at approximately $491,444.31. This represents a 43.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,624 shares of company stock worth $3,232,291 over the last ninety days. 6.30% of the stock is currently owned by corporate insiders.
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.
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