Chevy Chase Trust Holdings LLC Has $21.40 Million Stake in W.W. Grainger, Inc. $GWW

Chevy Chase Trust Holdings LLC lowered its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 2.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,459 shares of the industrial products company’s stock after selling 632 shares during the quarter. Chevy Chase Trust Holdings LLC’s holdings in W.W. Grainger were worth $21,403,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Accredited Investors Inc. acquired a new position in W.W. Grainger in the third quarter valued at about $25,000. Loomis Sayles & Co. L P acquired a new stake in W.W. Grainger during the second quarter worth about $27,000. Asset Dedication LLC increased its holdings in W.W. Grainger by 136.4% in the 2nd quarter. Asset Dedication LLC now owns 26 shares of the industrial products company’s stock valued at $27,000 after buying an additional 15 shares during the period. Ameriflex Group Inc. increased its holdings in W.W. Grainger by 211.1% in the 3rd quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock valued at $27,000 after buying an additional 19 shares during the period. Finally, State of Wyoming raised its position in shares of W.W. Grainger by 650.0% in the 2nd quarter. State of Wyoming now owns 45 shares of the industrial products company’s stock valued at $47,000 after buying an additional 39 shares in the last quarter. Institutional investors own 80.70% of the company’s stock.

W.W. Grainger Trading Down 1.2%

GWW opened at $1,061.24 on Tuesday. The company has a market cap of $50.23 billion, a P/E ratio of 29.99, a PEG ratio of 2.26 and a beta of 1.09. The company has a current ratio of 2.83, a quick ratio of 1.59 and a debt-to-equity ratio of 0.57. The company’s 50 day moving average is $1,103.21 and its 200-day moving average is $1,021.52. W.W. Grainger, Inc. has a 1-year low of $893.99 and a 1-year high of $1,218.63.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $9.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.46 by ($0.01). W.W. Grainger had a return on equity of 47.46% and a net margin of 9.51%.The company had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.39 billion. During the same quarter in the prior year, the company earned $9.71 earnings per share. W.W. Grainger’s revenue for the quarter was up 4.5% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. Equities research analysts predict that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Monday, February 9th were issued a dividend of $2.26 per share. The ex-dividend date was Monday, February 9th. This represents a $9.04 annualized dividend and a dividend yield of 0.9%. W.W. Grainger’s dividend payout ratio is 25.54%.

Analysts Set New Price Targets

Several research firms recently issued reports on GWW. Weiss Ratings upgraded shares of W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. Morgan Stanley boosted their price objective on shares of W.W. Grainger from $1,100.00 to $1,190.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 3rd. Oppenheimer upped their target price on W.W. Grainger from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. JPMorgan Chase & Co. raised their target price on W.W. Grainger from $1,100.00 to $1,165.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Finally, Barclays lifted their price target on W.W. Grainger from $1,044.00 to $1,047.00 and gave the company an “underweight” rating in a research note on Monday. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $1,080.38.

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.