Hsbc Holdings PLC Trims Position in W.W. Grainger, Inc. $GWW

Hsbc Holdings PLC trimmed its position in shares of W.W. Grainger, Inc. (NYSE:GWW) by 2.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 132,946 shares of the industrial products company’s stock after selling 3,396 shares during the period. Hsbc Holdings PLC owned 0.28% of W.W. Grainger worth $134,276,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of GWW. Miller Capital Partners Inc. bought a new position in W.W. Grainger in the 4th quarter worth $26,000. Ameriflex Group Inc. raised its holdings in W.W. Grainger by 211.1% during the third quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 19 shares during the period. MV Capital Management Inc. purchased a new position in shares of W.W. Grainger in the fourth quarter valued at about $28,000. Harbor Investment Advisory LLC lifted its position in shares of 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 valued at $29,000 after acquiring an additional 22 shares in the last quarter. Finally, Elyxium Wealth LLC bought a new position in shares of W.W. Grainger in the fourth quarter worth about $30,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.

W.W. Grainger Trading Down 0.0%

Shares of GWW stock opened at $1,364.88 on Monday. W.W. Grainger, Inc. has a 12-month low of $906.52 and a 12-month high of $1,365.42. 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 stock’s 50-day moving average price is $1,234.04 and its 200-day moving average price is $1,129.84. The stock has a market capitalization of $64.44 billion, a price-to-earnings ratio of 36.71, a price-to-earnings-growth ratio of 2.52 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 analysts’ consensus estimates of $10.21 by $1.44. The company 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 firm’s revenue was up 10.1% on a year-over-year basis. During the same period in the prior year, the company earned $9.86 earnings per share. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. Equities research analysts predict that W.W. Grainger, Inc. will post 45.39 EPS for the current fiscal year.

W.W. Grainger Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 11th were issued 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 of this dividend was Monday, May 11th. This represents a $9.96 annualized dividend and a dividend yield of 0.7%. W.W. Grainger’s payout ratio is currently 26.79%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on GWW shares. DA Davidson initiated coverage on W.W. Grainger in a research report on Tuesday, June 16th. They set a “neutral” rating and a $1,250.00 target price for the company. Barclays boosted their price target 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. Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. Stephens increased their price objective 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. Finally, Royal Bank Of Canada lifted their price objective on shares of W.W. Grainger from $1,170.00 to $1,337.00 and gave the company a “sector perform” rating in a research report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, W.W. Grainger presently has a consensus rating of “Hold” and a consensus target price of $1,217.00.

Insider Transactions at W.W. Grainger

In other news, VP Paige K. Robbins sold 1,457 shares of the stock in a transaction that occurred on 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 completion of the transaction, the vice president directly owned 2,232 shares in the company, valued at approximately $2,750,471.28. This represents a 39.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Laurie R. Thomson sold 313 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $1,231.69, for a total transaction of $385,518.97. Following the completion of 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 6,451 shares of company stock valued at $7,380,743 over the last quarter. 6.30% of the stock is owned by insiders.

W.W. Grainger Company 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.