Birmingham Capital Management Co. Inc. AL Buys New Shares in W.W. Grainger, Inc. $GWW

Birmingham Capital Management Co. Inc. AL bought a new position in W.W. Grainger, Inc. (NYSE:GWW) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 980 shares of the industrial products company’s stock, valued at approximately $1,333,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GWW. Miller Capital Partners Inc. purchased a new stake in W.W. Grainger during the 4th quarter valued at about $26,000. MV Capital Management Inc. purchased a new position in shares of W.W. Grainger in the fourth quarter worth about $28,000. Elyxium Wealth LLC acquired a new stake in shares of W.W. Grainger during the fourth quarter worth about $30,000. Elevation Wealth Partners LLC lifted its holdings in shares of W.W. Grainger by 420.0% during the second quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 21 shares during the period. Finally, Caitlin John LLC purchased a new stake in W.W. Grainger in the fourth quarter valued at approximately $35,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

Analyst Upgrades and Downgrades

GWW has been the topic of several research reports. Oppenheimer increased their price target on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Barclays lifted their price objective on shares of W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a research note on Tuesday, August 11th. Stephens downgraded shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price objective on the stock. in a report on Tuesday, July 14th. DA Davidson increased their price objective on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Finally, Wall Street Zen raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, W.W. Grainger currently has an average rating of “Hold” and an average target price of $1,286.62.

W.W. Grainger Stock Up 2.8%

Shares of GWW opened at $1,337.59 on Thursday. The company has a market capitalization of $63.00 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 2.32 and a beta of 1.04. W.W. Grainger, Inc. has a 52 week low of $906.52 and a 52 week high of $1,419.91. The stock’s 50-day moving average price is $1,345.00 and its 200-day moving average price is $1,233.47. 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 announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, beating the consensus estimate of $11.30 by $0.71. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.96 billion. During the same period last year, the business earned $9.97 earnings per share. W.W. Grainger’s quarterly revenue was up 10.3% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, sell-side analysts predict that W.W. Grainger, Inc. will post 46.1 EPS for the current year.

W.W. Grainger Dividend Announcement

The company 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 dividend of $2.49 per share. This represents a $9.96 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, August 10th. W.W. Grainger’s payout ratio is 25.40%.

W.W. Grainger Company 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.