Plato Investment Management Ltd acquired a new position in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 1,083 shares of the industrial products company’s stock, valued at approximately $1,465,000.
Several other institutional investors and hedge funds also recently made changes to their positions in GWW. Miller Capital Partners Inc. bought a new stake in shares of W.W. Grainger in the 4th quarter worth about $26,000. MV Capital Management Inc. bought a new position in W.W. Grainger during the 4th quarter valued at about $28,000. Elyxium Wealth LLC acquired a new position in W.W. Grainger in the fourth quarter valued at about $30,000. Elevation Wealth Partners LLC boosted its position in W.W. Grainger by 420.0% in the second quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock valued at $35,000 after buying an additional 21 shares in the last quarter. Finally, Caitlin John LLC bought a new stake in W.W. Grainger during the fourth quarter worth about $35,000. Institutional investors and hedge funds own 80.70% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on GWW shares. Stephens lowered shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price objective for the company. in a report on Tuesday, July 14th. Barclays lifted their price objective on W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a research report on Tuesday, August 11th. DA Davidson increased their target price on W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Finally, Wolfe Research raised W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, W.W. Grainger presently has a consensus rating of “Hold” and a consensus price target of $1,274.12.
W.W. Grainger Stock Performance
GWW stock opened at $1,319.00 on Tuesday. The company has a 50 day moving average price of $1,345.69 and a 200 day moving average price of $1,224.11. W.W. Grainger, Inc. has a fifty-two week low of $906.52 and a fifty-two week high of $1,419.91. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70. The stock has a market capitalization of $62.12 billion, a PE ratio of 33.63, a price-to-earnings-growth ratio of 2.35 and a beta of 1.04.
W.W. Grainger (NYSE:GWW – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating analysts’ consensus estimates of $11.30 by $0.71. The firm had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The business’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period last year, the company earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Analysts forecast that W.W. Grainger, Inc. will post 46.14 EPS for the current year.
W.W. Grainger Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 10th will be issued a $2.49 dividend. The ex-dividend date is Monday, August 10th. This represents a $9.96 annualized dividend and a yield of 0.8%. W.W. Grainger’s dividend payout ratio (DPR) is currently 25.40%.
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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