Bancreek Capital Management LP Sells 1,478 Shares of W.W. Grainger, Inc. $GWW

Bancreek Capital Management LP lessened its position in W.W. Grainger, Inc. (NYSE:GWW) by 36.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,541 shares of the industrial products company’s stock after selling 1,478 shares during the quarter. W.W. Grainger makes up approximately 10.7% of Bancreek Capital Management LP’s investment portfolio, making the stock its 5th largest position. Bancreek Capital Management LP’s holdings in W.W. Grainger were worth $2,564,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Mattern Capital Management LLC grew its holdings in 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 during the period. Caprock Group LLC acquired a new stake in W.W. Grainger in the 3rd quarter valued at about $4,205,000. Azzad Asset Management Inc. ADV boosted its position in shares of W.W. Grainger by 20.4% during the 3rd quarter. Azzad Asset Management Inc. ADV now owns 5,947 shares of the industrial products company’s stock valued at $5,667,000 after purchasing an additional 1,008 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of W.W. Grainger by 212.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 54,215 shares of the industrial products company’s stock valued at $55,795,000 after purchasing an additional 36,855 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of W.W. Grainger by 2.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 109,723 shares of the industrial products company’s stock worth $104,562,000 after purchasing an additional 2,548 shares during the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Stock Up 1.4%

NYSE:GWW opened at $1,285.87 on Thursday. The firm has a market capitalization of $60.71 billion, a price-to-earnings ratio of 34.58, a PEG ratio of 2.35 and a beta of 1.04. W.W. Grainger, Inc. has a 1-year low of $906.52 and a 1-year high of $1,296.03. The company has a current ratio of 2.69, a quick ratio of 1.60 and a debt-to-equity ratio of 0.55. The business’s fifty day moving average price is $1,179.60 and its 200 day moving average price is $1,097.26.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings data on Thursday, May 7th. The industrial products company reported $11.65 EPS for the quarter, topping analysts’ consensus estimates of $10.21 by $1.44. The firm had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.58 billion. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.The business’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period last year, the company posted $9.86 EPS. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. On average, sell-side analysts forecast that W.W. Grainger, Inc. will post 45.34 earnings per share for the current fiscal year.

W.W. Grainger Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 11th were issued a dividend of $2.49 per share. This is an increase from W.W. Grainger’s previous quarterly dividend of $2.26. This represents a $9.96 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, May 11th. W.W. Grainger’s dividend payout ratio is 26.79%.

Insider Activity at W.W. Grainger

In related news, SVP Jonny M. Leroy sold 854 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $1,231.06, for a total transaction of $1,051,325.24. Following the transaction, the senior vice president directly owned 1,554 shares of the company’s stock, valued at approximately $1,913,067.24. The trade was a 35.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Deidra C. Merriwether sold 2,339 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $1,064.73, for a total transaction of $2,490,403.47. Following the completion of the transaction, the chief financial officer owned 10,235 shares in the company, valued at approximately $10,897,511.55. This represents a 18.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 6,451 shares of company stock valued at $7,380,743. Company insiders own 6.30% of the company’s stock.

Analyst Upgrades and Downgrades

GWW has been the topic of a number of research reports. Stephens boosted their target price on shares of W.W. Grainger from $1,300.00 to $1,355.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Oppenheimer raised their target price on shares of W.W. Grainger from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Barclays lifted their price target on shares of W.W. Grainger from $1,047.00 to $1,171.00 and gave the stock an “underweight” rating in a research report on Tuesday, May 12th. JPMorgan Chase & Co. upped their price target 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, Sanford C. Bernstein increased their price objective on W.W. Grainger from $1,052.00 to $1,125.00 and gave the company a “market perform” rating in a research report on Tuesday, April 21st. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, W.W. Grainger has an average rating of “Hold” and an average target price of $1,212.88.

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.