Andra AP fonden Has $4.04 Million Holdings in W.W. Grainger, Inc. $GWW

Andra AP fonden trimmed its position in W.W. Grainger, Inc. (NYSE:GWW) by 87.6% in the first quarter, according to its most recent filing with the SEC. The fund owned 3,707 shares of the industrial products company’s stock after selling 26,293 shares during the period. Andra AP fonden’s holdings in W.W. Grainger were worth $4,044,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Miller Capital Partners Inc. bought a new stake in shares of W.W. Grainger during the fourth quarter worth about $26,000. MV Capital Management Inc. acquired a new position in W.W. Grainger in the 4th quarter valued at approximately $28,000. Harbor Investment Advisory LLC raised its stake in shares of W.W. Grainger by 314.3% during 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 during the last quarter. Elyxium Wealth LLC bought a new position in shares of W.W. Grainger during the fourth quarter valued at $30,000. Finally, Caitlin John LLC acquired a new position in shares of W.W. Grainger during the fourth quarter worth $35,000. Institutional investors own 80.70% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Sanford C. Bernstein increased 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. Barclays reduced their price target on W.W. Grainger from $1,171.00 to $1,166.00 and set an “underweight” rating on the stock in a research report on Tuesday, June 23rd. DA Davidson started coverage on W.W. Grainger in a research note on Tuesday, June 16th. They issued a “neutral” rating and a $1,250.00 price target for the company. Morgan Stanley raised 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 research report on Wednesday, May 27th. Finally, Wolfe Research raised W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $1,230.11.

W.W. Grainger Trading Down 0.5%

GWW opened at $1,354.93 on Thursday. W.W. Grainger, Inc. has a twelve month low of $906.52 and a twelve month high of $1,419.91. The company has a fifty day moving average of $1,319.56 and a 200-day moving average of $1,187.11. The stock has a market cap of $63.97 billion, a PE ratio of 36.44, a price-to-earnings-growth ratio of 2.51 and a beta of 1.03. The company has a quick ratio of 1.60, a current ratio of 2.69 and a debt-to-equity ratio of 0.55.

W.W. Grainger (NYSE:GWW) last released its earnings results on Thursday, May 7th. The industrial products company reported $11.65 earnings per share (EPS) for the quarter, beating 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%. W.W. Grainger’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $9.86 earnings per share. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. On average, sell-side analysts predict that W.W. Grainger, Inc. will post 45.46 EPS for the current year.

W.W. Grainger Increases Dividend

The firm 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 of this dividend was Monday, May 11th. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.7%. This is a positive change from W.W. Grainger’s previous quarterly dividend of $2.26. W.W. Grainger’s dividend payout ratio (DPR) is presently 26.79%.

Insider Activity

In other W.W. Grainger news, VP Laurie R. Thomson sold 313 shares of W.W. Grainger 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 value of $385,518.97. Following the completion of the sale, the vice president directly owned 399 shares in the company, valued at approximately $491,444.31. The trade was a 43.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Jonny M. Leroy sold 854 shares of W.W. Grainger stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $1,231.06, for a total value of $1,051,325.24. Following the completion of the sale, the senior vice president owned 1,554 shares of the company’s stock, valued at approximately $1,913,067.24. The trade was a 35.47% decrease in their ownership of the stock. 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. 6.30% of the stock is owned by company insiders.

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.