W.W. Grainger, Inc. $GWW Shares Purchased by Lido Advisors LLC

Lido Advisors LLC grew its position in shares of W.W. Grainger, Inc. (NYSE:GWW) by 14.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 3,581 shares of the industrial products company’s stock after buying an additional 456 shares during the quarter. Lido Advisors LLC’s holdings in W.W. Grainger were worth $3,907,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP increased its holdings in shares of W.W. Grainger by 1,462.1% in the 4th 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 acquiring an additional 1,003,237 shares during the last quarter. Norges Bank bought a new position in W.W. Grainger during the fourth quarter worth $518,958,000. Northwestern Mutual Wealth Management Co. lifted its stake in W.W. Grainger by 34,269.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 435,466 shares of the industrial products company’s stock worth $439,407,000 after purchasing an additional 434,199 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in W.W. Grainger by 61.1% in the fourth 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 purchasing an additional 389,589 shares during the period. Finally, Sustainable Growth Advisers LP acquired a new position in W.W. Grainger in the third quarter worth $239,597,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

Insider Buying and Selling at W.W. Grainger

In other W.W. Grainger news, SVP Jonny M. Leroy sold 854 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,231.06, for a total value of $1,051,325.24. Following the completion of the transaction, the senior vice president owned 1,554 shares in the company, valued at approximately $1,913,067.24. This represents a 35.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Laurie R. Thomson sold 313 shares of the company’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 transaction, the vice president owned 399 shares of the company’s stock, valued at approximately $491,444.31. This trade represents a 43.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,624 shares of company stock valued at $3,232,291 in the last ninety days. Company insiders own 6.30% of the company’s stock.

W.W. Grainger Price Performance

Shares of NYSE GWW opened at $1,381.46 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.60. The firm has a market capitalization of $65.22 billion, a PE ratio of 37.16, a P/E/G ratio of 2.55 and a beta of 1.03. W.W. Grainger, Inc. has a 1-year low of $906.52 and a 1-year high of $1,419.91. The business’s fifty day moving average price is $1,323.39 and its two-hundred day moving average price is $1,191.00.

W.W. Grainger (NYSE:GWW) last announced its quarterly 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 company had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.58 billion. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $9.86 earnings per share. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. On average, research analysts expect that W.W. Grainger, Inc. will post 45.46 EPS for the current year.

W.W. Grainger Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 11th were given a $2.49 dividend. The ex-dividend date was Monday, May 11th. This represents a $9.96 annualized dividend and a yield of 0.7%. This is a boost from W.W. Grainger’s previous quarterly dividend of $2.26. W.W. Grainger’s payout ratio is 26.79%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Morgan Stanley increased their target price on shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 27th. Weiss Ratings raised shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. DA Davidson assumed coverage on shares of W.W. Grainger in a research report on Tuesday, June 16th. They set a “neutral” rating and a $1,250.00 price objective for the company. Sanford C. Bernstein increased their price objective 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. Finally, Wolfe Research raised shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, W.W. Grainger has an average rating of “Hold” and an average price target of $1,230.11.

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.