NEOS Investment Management LLC Has $9.27 Million Holdings in W.W. Grainger, Inc. $GWW

NEOS Investment Management LLC grew its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW) by 15.2% during the second quarter, Holdings Channel.com reports. The institutional investor owned 6,816 shares of the industrial products company’s stock after purchasing an additional 899 shares during the quarter. NEOS Investment Management LLC’s holdings in W.W. Grainger were worth $9,272,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Continuum Advisory LLC bought a new stake in W.W. Grainger in the second quarter valued at $34,000. Nykredit A S bought a new position in shares of W.W. Grainger during the 2nd quarter worth about $27,379,000. B. Metzler seel. Sohn & Co. AG boosted its position in shares of W.W. Grainger by 16.7% during the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 3,925 shares of the industrial products company’s stock worth $5,340,000 after purchasing an additional 561 shares in the last quarter. Natural Investments LLC grew its stake in shares of W.W. Grainger by 52.4% in the 2nd quarter. Natural Investments LLC now owns 288 shares of the industrial products company’s stock valued at $392,000 after buying an additional 99 shares during the period. Finally, Legacy Financial Advisors Inc. raised its stake in W.W. Grainger by 4.7% during the 2nd quarter. Legacy Financial Advisors Inc. now owns 202 shares of the industrial products company’s stock worth $274,000 after buying an additional 9 shares during the period. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Trading Up 0.9%

Shares of GWW stock opened at $1,324.65 on Friday. W.W. Grainger, Inc. 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. The company has a 50-day simple moving average of $1,339.02 and a two-hundred day simple moving average of $1,239.80. The company has a market capitalization of $62.39 billion, a price-to-earnings ratio of 33.77, a PEG ratio of 2.35 and a beta of 1.03.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating the consensus estimate of $11.30 by $0.71. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The firm had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same quarter last year, the business posted $9.97 EPS. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Research analysts anticipate that W.W. Grainger, Inc. will post 46.17 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have issued reports on GWW shares. 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 report on Tuesday, July 14th. DA Davidson upped their target price on W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Morgan Stanley increased their target price on W.W. Grainger from $1,300.00 to $1,400.00 and gave the stock an “equal weight” rating in a report on Monday, August 24th. 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. Finally, Barclays boosted their price target on shares of W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a research note on Tuesday, August 11th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $1,286.62.

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.