Sanctuary Advisors LLC Takes $3.84 Million Position in W.W. Grainger, Inc. $GWW

Sanctuary Advisors LLC bought a new position in shares of W.W. Grainger, Inc. (NYSE:GWW) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,826 shares of the industrial products company’s stock, valued at approximately $3,844,000.

Several other institutional investors have also recently added to or reduced their stakes in GWW. BlackRock Inc. purchased a new position in W.W. Grainger in the second quarter valued at approximately $6,303,024,000. State Street Corp lifted its position in shares of W.W. Grainger by 1.2% during the 4th quarter. State Street Corp now owns 2,019,452 shares of the industrial products company’s stock worth $2,037,728,000 after buying an additional 23,399 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of W.W. Grainger by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 1,217,834 shares of the industrial products company’s stock worth $1,230,214,000 after buying an additional 10,533 shares during the last quarter. Wellington Management Group LLP boosted 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 buying an additional 1,003,237 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of W.W. Grainger by 61.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,027,286 shares of the industrial products company’s stock valued at $1,036,584,000 after buying an additional 389,589 shares in the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on GWW. Weiss Ratings upgraded shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Morgan Stanley upped their price objective on shares of W.W. Grainger from $1,300.00 to $1,400.00 and gave the company an “equal weight” rating in a research note on Monday. DA Davidson raised their price objective 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 report on Sunday, August 9th. Finally, Royal Bank Of Canada cut their target price on W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $1,286.62.

W.W. Grainger Stock Performance

Shares of GWW opened at $1,301.27 on Wednesday. The company’s 50 day simple moving average is $1,344.46 and its 200-day simple moving average is $1,232.38. The firm has a market cap of $61.29 billion, a PE ratio of 33.18, a price-to-earnings-growth ratio of 2.35 and a beta of 1.04. W.W. Grainger, Inc. has a 12-month low of $906.52 and a 12-month high of $1,419.91. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating the consensus estimate of $11.30 by $0.71. The firm had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $4.96 billion. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. W.W. Grainger’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, equities analysts predict that W.W. Grainger, Inc. will post 46.1 EPS for the current year.

W.W. Grainger Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th will be paid a $2.49 dividend. The ex-dividend date is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. W.W. Grainger’s payout ratio 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.