8,520 Shares in W.W. Grainger, Inc. $GWW Purchased by Meeder Asset Management Inc.

Meeder Asset Management Inc. purchased a new stake in shares of W.W. Grainger, Inc. (NYSE:GWW) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 8,520 shares of the industrial products company’s stock, valued at approximately $11,591,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Miller Capital Partners Inc. bought a new stake in W.W. Grainger during the fourth quarter worth about $26,000. MV Capital Management Inc. bought a new position in shares of W.W. Grainger in the fourth quarter valued at approximately $28,000. Elyxium Wealth LLC bought a new position in shares of W.W. Grainger in the fourth quarter valued at approximately $30,000. Elevation Wealth Partners LLC boosted its holdings in shares of W.W. Grainger by 420.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 21 shares in the last quarter. Finally, Caitlin John LLC acquired a new position in shares of W.W. Grainger in the 4th quarter worth approximately $35,000. 80.70% of the stock is currently owned by institutional investors and hedge funds.

W.W. Grainger Stock Performance

GWW stock opened at $1,319.00 on Tuesday. The company has a 50 day moving average price of $1,345.69 and a 200 day moving average price of $1,224.11. 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 0.53, a current ratio of 2.81 and a quick ratio of 1.70. The stock has a market capitalization of $62.12 billion, a PE ratio of 33.63, a price-to-earnings-growth ratio of 2.35 and a beta of 1.04.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings data 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 analyst estimates of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The business’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period last year, the company earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Analysts forecast that W.W. Grainger, Inc. will post 46.14 EPS for the current year.

W.W. Grainger Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be paid a dividend of $2.49 per share. This represents a $9.96 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, August 10th. W.W. Grainger’s dividend payout ratio is 25.40%.

Analyst Upgrades and Downgrades

GWW has been the subject of a number of recent analyst reports. Morgan Stanley raised their price target on W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an “equal weight” rating in a report on Wednesday, May 27th. Oppenheimer boosted their price objective on W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. DA Davidson increased their target price on W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Finally, Wall Street Zen upgraded shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $1,274.12.

W.W. Grainger 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.