Arbejdsmarkedets Tillaegspension Sells 480 Shares of W.W. Grainger, Inc. $GWW

Arbejdsmarkedets Tillaegspension trimmed its stake in W.W. Grainger, Inc. (NYSE:GWWFree Report) by 2.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 23,781 shares of the industrial products company’s stock after selling 480 shares during the period. W.W. Grainger makes up about 0.6% of Arbejdsmarkedets Tillaegspension’s investment portfolio, making the stock its 22nd biggest position. Arbejdsmarkedets Tillaegspension’s holdings in W.W. Grainger were worth $25,941,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in GWW. Miller Capital Partners Inc. bought a new stake in shares of W.W. Grainger during the fourth quarter valued at approximately $26,000. MV Capital Management Inc. bought a new position in W.W. Grainger in the fourth quarter worth approximately $28,000. Harbor Investment Advisory LLC grew its stake 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 purchasing an additional 22 shares in the last quarter. Elyxium Wealth LLC purchased a new position in W.W. Grainger during the 4th quarter worth $30,000. Finally, Caitlin John LLC bought a new stake in W.W. Grainger during the 4th quarter valued at $35,000. 80.70% of the stock is currently owned by institutional investors.

Insider Activity at W.W. Grainger

In other news, VP Paige K. Robbins sold 1,457 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $1,232.29, for a total transaction of $1,795,446.53. Following the sale, the vice president owned 2,232 shares in the company, valued at approximately $2,750,471.28. The trade was a 39.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Laurie R. Thomson sold 313 shares of the business’s stock in a transaction that occurred 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 sale, the vice president directly owned 399 shares in the company, valued at approximately $491,444.31. This represents a 43.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 2,624 shares of company stock valued at $3,232,291 in the last ninety days. Corporate insiders own 6.30% of the company’s stock.

W.W. Grainger Trading Up 0.2%

NYSE:GWW opened at $1,379.19 on Monday. The stock has a market capitalization of $65.11 billion, a price-to-earnings ratio of 37.09, a PEG ratio of 2.54 and a beta of 1.03. W.W. Grainger, Inc. has a 52 week low of $906.52 and a 52 week high of $1,390.96. 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 firm has a 50 day moving average of $1,292.40 and a 200 day moving average of $1,167.16.

W.W. Grainger (NYSE:GWWGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The industrial products company reported $11.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.21 by $1.44. The business had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.58 billion. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The business’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period in the previous year, the company earned $9.86 earnings per share. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. As a group, sell-side analysts anticipate that W.W. Grainger, Inc. will post 45.47 earnings per share for the current fiscal year.

W.W. Grainger Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 11th were paid a dividend of $2.49 per share. This is a positive change from W.W. Grainger’s previous quarterly dividend of $2.26. The ex-dividend date was Monday, May 11th. This represents a $9.96 annualized dividend and a yield of 0.7%. W.W. Grainger’s dividend payout ratio (DPR) is presently 26.79%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on GWW shares. DA Davidson began coverage on W.W. Grainger in a report on Tuesday, June 16th. They issued a “neutral” rating and a $1,250.00 target price for the company. Sanford C. Bernstein lifted 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 report on Tuesday, April 21st. Wolfe Research raised shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday. Stephens upped their price objective on shares of W.W. Grainger from $1,300.00 to $1,355.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Finally, Wall Street Zen upgraded shares of W.W. Grainger from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $1,216.44.

View Our Latest Research Report on W.W. Grainger

About W.W. Grainger

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for W.W. Grainger (NYSE:GWW)

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