ABN Amro Investment Solutions Raises Stock Position in W.W. Grainger, Inc. $GWW

ABN Amro Investment Solutions grew its stake in W.W. Grainger, Inc. (NYSE:GWW) by 2.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 50,988 shares of the industrial products company’s stock after buying an additional 1,332 shares during the quarter. ABN Amro Investment Solutions’ holdings in W.W. Grainger were worth $55,618,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Miller Capital Partners Inc. acquired a new stake in W.W. Grainger during the fourth quarter valued at $26,000. MV Capital Management Inc. purchased a new stake in shares of W.W. Grainger during the 4th quarter worth about $28,000. Harbor Investment Advisory LLC boosted its stake in shares of W.W. Grainger by 314.3% during the 4th quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 22 shares in the last quarter. Elyxium Wealth LLC acquired a new stake in shares of W.W. Grainger during the 4th quarter valued at about $30,000. Finally, Caitlin John LLC acquired a new stake in shares of W.W. Grainger during the 4th quarter valued at about $35,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Price Performance

Shares of W.W. Grainger stock opened at $1,359.40 on Wednesday. The stock has a market capitalization of $64.18 billion, a P/E ratio of 36.56, a PEG ratio of 2.53 and a beta of 1.03. The business has a 50 day simple moving average of $1,317.51 and a two-hundred day simple moving average of $1,184.68. W.W. Grainger, Inc. has a 12 month low of $906.52 and a 12 month high of $1,419.91. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.60.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings results on Thursday, May 7th. The industrial products company reported $11.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $10.21 by $1.44. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.The firm had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same period in the previous year, the company posted $9.86 earnings per share. The business’s revenue was up 10.1% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. As a group, analysts predict that W.W. Grainger, Inc. will post 45.46 EPS 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. Shareholders of record on Monday, May 11th were paid a dividend of $2.49 per share. This is a boost from W.W. Grainger’s previous quarterly dividend of $2.26. The ex-dividend date of this dividend was Monday, May 11th. This represents a $9.96 annualized dividend and a yield of 0.7%. W.W. Grainger’s dividend payout ratio is presently 26.79%.

Insider Transactions at W.W. Grainger

In other news, VP Laurie R. Thomson sold 313 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,231.69, for a total value of $385,518.97. Following the transaction, the vice president directly owned 399 shares of the company’s stock, valued at approximately $491,444.31. This trade represents a 43.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, 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 transaction, the vice president owned 2,232 shares in the company, valued at $2,750,471.28. The trade was a 39.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,624 shares of company stock valued at $3,232,291 over the last 90 days. 6.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

GWW has been the subject of a number of analyst reports. Barclays reduced their price target on W.W. Grainger from $1,171.00 to $1,166.00 and set an “underweight” rating for the company in a report on Tuesday, June 23rd. DA Davidson assumed coverage on W.W. Grainger in a research report on Tuesday, June 16th. They issued a “neutral” rating and a $1,250.00 price objective for the company. Morgan Stanley upped their target price on W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 27th. Wall Street Zen raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. Finally, Royal Bank Of Canada upped their price objective on shares of W.W. Grainger from $1,337.00 to $1,460.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 16th. Two research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $1,230.11.

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.