Hurlow Wealth Management Group Inc. Takes Position in W.W. Grainger, Inc. $GWW

Hurlow Wealth Management Group Inc. purchased a new position in W.W. Grainger, Inc. (NYSE:GWW) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 452 shares of the industrial products company’s stock, valued at approximately $615,000.

Several other hedge funds have also bought and sold shares of GWW. Alpine Woods Capital Investors LLC bought a new position in shares of W.W. Grainger during the second quarter valued at approximately $2,032,000. Meeder Advisory Services Inc. bought a new stake in shares of W.W. Grainger in the 2nd quarter worth approximately $1,641,000. Meeder Asset Management Inc. purchased a new stake in shares of W.W. Grainger in the 2nd quarter worth approximately $11,591,000. UNIVEST FINANCIAL Corp bought a new position in W.W. Grainger during the 2nd quarter valued at approximately $241,000. Finally, MidFirst Bank purchased a new position in W.W. Grainger during the second quarter valued at $337,000. Institutional investors own 80.70% of the company’s stock.

W.W. Grainger Stock Down 0.3%

GWW opened at $1,314.38 on Wednesday. The stock has a market capitalization of $61.91 billion, a price-to-earnings ratio of 33.51, a PEG ratio of 2.35 and a beta of 1.04. The firm has a 50 day moving average price of $1,345.40 and a 200-day moving average price of $1,225.84. 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 quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53.

W.W. Grainger (NYSE:GWW) last released its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, topping the consensus estimate of $11.30 by $0.71. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The firm had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.96 billion. During the same quarter in the previous year, the firm earned $9.97 earnings per share. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Equities research analysts forecast that W.W. Grainger, Inc. will post 46.14 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.8%. W.W. Grainger’s payout ratio is 25.40%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on GWW shares. Wall Street Zen raised W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Sanford C. Bernstein upped 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. Morgan Stanley increased their price objective 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 report on Wednesday, May 27th. DA Davidson lifted their target price on shares of 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. Finally, 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. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, W.W. Grainger currently has a consensus rating of “Hold” and a consensus target price of $1,274.12.

About W.W. Grainger

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.