PNC Financial Services Group Inc. Cuts Holdings in W.W. Grainger, Inc. $GWW

PNC Financial Services Group Inc. lessened its stake in W.W. Grainger, Inc. (NYSE:GWW) by 0.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 48,329 shares of the industrial products company’s stock after selling 442 shares during the quarter. PNC Financial Services Group Inc.’s holdings in W.W. Grainger were worth $48,766,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Accredited Investors Inc. acquired a new stake in W.W. Grainger in the third quarter valued at approximately $25,000. Ameriflex Group Inc. grew its holdings in W.W. Grainger by 211.1% during the 3rd quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 19 shares in the last quarter. Harbor Investment Advisory LLC grew its holdings in W.W. Grainger by 314.3% during the 4th quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 22 shares in the last quarter. Elyxium Wealth LLC purchased a new stake in shares of W.W. Grainger in the 4th quarter valued at approximately $30,000. Finally, State of Wyoming raised its holdings in shares of W.W. Grainger by 650.0% in the 2nd quarter. State of Wyoming now owns 45 shares of the industrial products company’s stock valued at $47,000 after purchasing an additional 39 shares in the last quarter. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at W.W. Grainger

In other W.W. Grainger news, SVP Jonny M. Leroy sold 854 shares of W.W. Grainger stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $1,231.06, for a total transaction of $1,051,325.24. Following the transaction, the senior vice president owned 1,554 shares of the company’s stock, valued at $1,913,067.24. The trade was a 35.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Laurie R. Thomson sold 313 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $1,231.69, for a total value of $385,518.97. Following the completion of the sale, the vice president directly owned 399 shares of the company’s stock, valued at $491,444.31. The trade was a 43.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 6,451 shares of company stock worth $7,380,743. 6.30% of the stock is owned by corporate insiders.

W.W. Grainger Trading Down 0.4%

Shares of W.W. Grainger stock opened at $1,239.64 on Friday. The company has a current ratio of 2.69, a quick ratio of 1.60 and a debt-to-equity ratio of 0.55. The company has a fifty day simple moving average of $1,145.78 and a 200-day simple moving average of $1,078.21. The stock has a market cap of $58.52 billion, a price-to-earnings ratio of 33.34, a PEG ratio of 2.30 and a beta of 1.04. W.W. Grainger, Inc. has a 12-month low of $906.52 and a 12-month high of $1,286.56.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings results on Thursday, May 7th. The industrial products company reported $11.65 EPS for the quarter, topping the consensus estimate of $10.21 by $1.44. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The firm had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same period last year, the business earned $9.86 EPS. W.W. Grainger’s revenue for the quarter was up 10.1% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. On average, equities analysts forecast that W.W. Grainger, Inc. will post 45.43 EPS for the current fiscal year.

W.W. Grainger Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be paid a dividend of $2.49 per share. The ex-dividend date is Monday, May 11th. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. This is a boost from W.W. Grainger’s previous quarterly dividend of $2.26. W.W. Grainger’s dividend payout ratio (DPR) is 26.79%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on GWW shares. JPMorgan Chase & Co. lifted their price objective on shares of W.W. Grainger from $1,100.00 to $1,165.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Stephens increased their target price on W.W. Grainger from $1,300.00 to $1,355.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Barclays raised their price target on W.W. Grainger from $1,047.00 to $1,171.00 and gave the company an “underweight” rating in a research note on Tuesday, May 12th. Royal Bank Of Canada upped their price objective on W.W. Grainger from $1,170.00 to $1,337.00 and gave the stock a “sector perform” rating in a research report on Friday, May 8th. Finally, Morgan Stanley increased their price objective on W.W. Grainger from $1,100.00 to $1,190.00 and gave the company an “equal weight” rating in a report on Tuesday, March 3rd. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $1,199.13.

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.