Q3 EPS Estimates for W.W. Grainger Boosted by Zacks Research

W.W. Grainger, Inc. (NYSE:GWW) – Analysts at Zacks Research lifted their Q3 2027 earnings per share estimates for W.W. Grainger in a research report issued to clients and investors on Thursday, August 27th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $12.81 per share for the quarter, up from their prior estimate of $12.77. The consensus estimate for W.W. Grainger’s current full-year earnings is $46.17 per share.

Several other research firms have also issued reports on GWW. 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. Barclays lifted their price objective on W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a report on Tuesday, August 11th. Wolfe Research raised W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Oppenheimer raised their target price on W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Finally, Stephens lowered W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price target on the stock. in a research note on Tuesday, July 14th. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $1,286.62.

W.W. Grainger Price Performance

NYSE:GWW opened at $1,311.04 on Monday. The company has a market capitalization of $61.75 billion, a price-to-earnings ratio of 33.43, a PEG ratio of 2.32 and a beta of 1.04. The company has a 50-day moving average of $1,342.26 and a 200-day moving average of $1,236.01. W.W. Grainger has a 52 week low of $906.52 and a 52 week high of $1,419.91. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81.

W.W. Grainger (NYSE:GWW) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, topping the consensus estimate of $11.30 by $0.71. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The firm had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.96 billion. During the same period last year, the business earned $9.97 earnings per share. W.W. Grainger’s quarterly revenue was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS.

W.W. Grainger Announces Dividend

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

Hedge Funds Weigh In On W.W. Grainger

A number of institutional investors and hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System increased its stake in shares of W.W. Grainger by 125,753.8% in the second quarter. California State Teachers Retirement System now owns 89,436,777 shares of the industrial products company’s stock valued at $121,669,791,000 after buying an additional 89,365,713 shares in the last quarter. BlackRock Inc. acquired a new position in W.W. Grainger during the 2nd quarter worth about $6,303,024,000. State Street Corp lifted its position in W.W. Grainger by 1.2% during the 4th quarter. State Street Corp now owns 2,019,452 shares of the industrial products company’s stock worth $2,037,728,000 after buying an additional 23,399 shares in the last quarter. Geode Capital Management LLC grew its holdings in W.W. Grainger by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 1,217,834 shares of the industrial products company’s stock worth $1,230,214,000 after acquiring an additional 10,533 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in 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 worth $1,081,554,000 after acquiring an additional 1,003,237 shares during the last quarter. Institutional investors and hedge funds own 80.70% 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.