W.W. Grainger, Inc. $GWW Stock Holdings Lessened by Andra AP fonden

Andra AP fonden lowered its position in W.W. Grainger, Inc. (NYSE:GWW) by 21.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 30,000 shares of the industrial products company’s stock after selling 8,200 shares during the period. Andra AP fonden’s holdings in W.W. Grainger were worth $30,272,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. increased its holdings in W.W. Grainger by 211.1% in the third quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock worth $27,000 after buying an additional 19 shares during the last quarter. Harbor Investment Advisory LLC increased its holdings in W.W. Grainger by 314.3% in the fourth quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock worth $29,000 after buying an additional 22 shares during the last quarter. Elyxium Wealth LLC acquired a new position in W.W. Grainger in the fourth quarter worth approximately $30,000. State of Wyoming increased its holdings in W.W. Grainger by 650.0% in the second quarter. State of Wyoming now owns 45 shares of the industrial products company’s stock worth $47,000 after buying an additional 39 shares during the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in W.W. Grainger in the fourth quarter worth approximately $57,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Royal Bank Of Canada increased their price objective on W.W. Grainger from $1,170.00 to $1,337.00 and gave the stock a “sector perform” rating in a report on Friday, May 8th. Barclays increased their price objective on W.W. Grainger from $1,047.00 to $1,171.00 and gave the stock an “underweight” rating in a report on Tuesday, May 12th. Morgan Stanley increased their price objective on W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 27th. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Finally, Sanford C. Bernstein increased their price target on W.W. Grainger from $1,052.00 to $1,125.00 and gave the company a “market perform” rating in a report on Tuesday, April 21st. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $1,212.88.

W.W. Grainger Trading Down 0.1%

Shares of GWW stock opened at $1,315.93 on Friday. W.W. Grainger, Inc. has a 12 month low of $906.52 and a 12 month high of $1,349.74. The company has a quick ratio of 1.60, a current ratio of 2.69 and a debt-to-equity ratio of 0.55. The business’s 50 day moving average is $1,208.59 and its two-hundred day moving average is $1,113.40. The company has a market cap of $62.13 billion, a PE ratio of 35.39, a price-to-earnings-growth ratio of 2.44 and a beta of 1.04.

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

W.W. Grainger Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 11th were paid a $2.49 dividend. The ex-dividend date was Monday, May 11th. This is a positive change 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%. W.W. Grainger’s dividend payout ratio is 26.79%.

Insider Activity at W.W. Grainger

In other news, SVP Jonny M. Leroy sold 854 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $1,231.06, for a total value of $1,051,325.24. Following the sale, the senior vice president owned 1,554 shares in the company, valued at approximately $1,913,067.24. This trade represents a 35.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Laurie R. Thomson sold 313 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $1,231.69, for a total transaction of $385,518.97. Following the completion of the sale, the vice president owned 399 shares in the company, valued at approximately $491,444.31. The trade was a 43.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 6,451 shares of company stock worth $7,380,743. Insiders own 6.30% of the company’s stock.

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.