Corient Private Wealth LLC cut its stake in W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 2.6% during the 4th quarter, HoldingsChannel reports. The firm owned 38,617 shares of the industrial products company’s stock after selling 1,017 shares during the quarter. Corient Private Wealth LLC’s holdings in W.W. Grainger were worth $39,165,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Wellington Management Group LLP grew its stake in shares of W.W. Grainger by 1,462.1% in the fourth quarter. Wellington Management Group LLP now owns 1,071,854 shares of the industrial products company’s stock valued at $1,081,554,000 after buying an additional 1,003,237 shares in the last quarter. Norges Bank acquired a new position in W.W. Grainger during the 4th quarter worth approximately $518,958,000. Northwestern Mutual Wealth Management Co. lifted its position in W.W. Grainger by 34,269.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 435,466 shares of the industrial products company’s stock worth $439,407,000 after acquiring an additional 434,199 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in W.W. Grainger by 61.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,027,286 shares of the industrial products company’s stock worth $1,036,584,000 after acquiring an additional 389,589 shares during the period. Finally, Sustainable Growth Advisers LP purchased a new position in W.W. Grainger in the 3rd quarter worth approximately $239,597,000. Institutional investors and hedge funds own 80.70% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the stock. DA Davidson began coverage on shares of 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 shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 27th. Stephens raised their price target on shares of W.W. Grainger from $1,300.00 to $1,355.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Wall Street Zen raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Finally, Sanford C. Bernstein lifted their price target on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a “market perform” rating in a research note on Tuesday, April 21st. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $1,217.00.
W.W. Grainger Trading Down 0.0%
Shares of GWW opened at $1,364.88 on Monday. W.W. Grainger, Inc. has a one year low of $906.52 and a one year high of $1,365.42. The stock has a 50-day moving average price of $1,234.04 and a 200 day moving average price of $1,129.84. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.60 and a current ratio of 2.69. The company has a market capitalization of $64.44 billion, a P/E ratio of 36.71, a P/E/G ratio of 2.52 and a beta of 1.04.
W.W. Grainger (NYSE:GWW – Get Free Report) last posted its quarterly earnings data 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. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.The company had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same period in the previous year, the business earned $9.86 EPS. W.W. Grainger’s revenue for the quarter was up 10.1% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. Sell-side analysts forecast that W.W. Grainger, Inc. will post 45.39 EPS 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 paid a $2.49 dividend. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.7%. This is a boost from W.W. Grainger’s previous quarterly dividend of $2.26. The ex-dividend date was Monday, May 11th. W.W. Grainger’s payout ratio is presently 26.79%.
Insider Activity at W.W. Grainger
In other W.W. Grainger 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 transaction of $1,051,325.24. Following the completion of the transaction, the senior vice president directly owned 1,554 shares of the company’s stock, valued at $1,913,067.24. This trade represents a 35.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Laurie R. Thomson sold 313 shares of the business’s stock in a transaction dated 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 directly owned 399 shares of the company’s stock, valued at $491,444.31. The trade was a 43.96% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 6,451 shares of company stock valued at $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.
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