Heartland Bank & Trust Co Acquires New Stake in W.W. Grainger, Inc. $GWW

Heartland Bank & Trust Co purchased a new stake in shares of W.W. Grainger, Inc. (NYSE:GWW) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 417 shares of the industrial products company’s stock, valued at approximately $567,000.

Several other institutional investors and hedge funds also recently made changes to their positions in GWW. Mattern Capital Management LLC lifted its position in shares of W.W. Grainger by 4.8% during the fourth quarter. Mattern Capital Management LLC now owns 12,234 shares of the industrial products company’s stock worth $12,345,000 after acquiring an additional 563 shares in the last quarter. Banco BTG Pactual S.A. purchased a new position in shares of W.W. Grainger in the fourth quarter valued at $1,048,000. Assenagon Asset Management S.A. raised its stake in shares of W.W. Grainger by 1,353.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 31,242 shares of the industrial products company’s stock valued at $42,502,000 after purchasing an additional 29,092 shares during the period. Meeder Asset Management Inc. purchased a new stake in W.W. Grainger during the 2nd quarter worth about $11,591,000. Finally, UBS Group AG boosted its stake in W.W. Grainger by 11.6% in the 4th quarter. UBS Group AG now owns 180,990 shares of the industrial products company’s stock worth $182,628,000 after purchasing an additional 18,868 shares during the period. Institutional investors own 80.70% of the company’s stock.

W.W. Grainger Stock Up 0.9%

GWW stock opened at $1,312.12 on Friday. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53. The company’s 50 day moving average is $1,344.74 and its 200 day moving average is $1,229.54. The stock has a market cap of $61.80 billion, a price-to-earnings ratio of 33.46, a price-to-earnings-growth ratio of 2.31 and a beta of 1.04. W.W. Grainger, Inc. has a 1-year low of $906.52 and a 1-year high of $1,419.91.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, topping 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 net margin of 9.92% and a return on equity of 48.73%. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Sell-side analysts predict that W.W. Grainger, Inc. will post 46.1 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

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

Analyst Ratings Changes

GWW has been the topic of a number of recent analyst reports. Wolfe Research raised shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Barclays upped their target price on shares of W.W. Grainger from $1,166.00 to $1,185.00 and gave the stock an “underweight” rating in a report on Tuesday, August 11th. Wall Street Zen upgraded shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. 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, July 14th. Finally, Royal Bank Of Canada decreased their price target on shares of W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, W.W. Grainger currently 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.