W.W. Grainger, Inc. Declares Quarterly Dividend of $2.49 (NYSE:GWW)

W.W. Grainger, Inc. (NYSE:GWW) declared a quarterly dividend on Wednesday, July 29th. Shareholders of record on Monday, August 10th will be given a dividend of 2.49 per share by the industrial products company on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, August 10th.

W.W. Grainger has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 55 consecutive years. W.W. Grainger has a dividend payout ratio of 22.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect W.W. Grainger to earn $50.27 per share next year, which means the company should continue to be able to cover its $9.96 annual dividend with an expected future payout ratio of 19.8%.

W.W. Grainger Trading Down 2.8%

Shares of NYSE:GWW opened at $1,360.12 on Thursday. W.W. Grainger has a 52-week low of $906.52 and a 52-week high of $1,419.91. The stock has a market capitalization of $64.22 billion, a price-to-earnings ratio of 36.58, a PEG ratio of 2.58 and a beta of 1.03. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.60 and a current ratio of 2.69. The stock’s 50-day simple moving average is $1,331.41 and its two-hundred day simple moving average is $1,199.88.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings data on Thursday, May 7th. The industrial products company reported $11.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $10.21 by $1.44. The company had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.58 billion. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The firm’s revenue was up 10.1% compared to the same quarter last year. During the same quarter last year, the firm posted $9.86 earnings per share. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. Analysts expect that W.W. Grainger will post 45.46 EPS for the current year.

Insider Buying and Selling at W.W. Grainger

In other news, SVP Jonny M. Leroy sold 854 shares of W.W. Grainger stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $1,231.06, for a total transaction of $1,051,325.24. Following the completion of the transaction, the senior vice president directly owned 1,554 shares of the company’s stock, valued at $1,913,067.24. The trade was a 35.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Paige K. Robbins sold 1,457 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,232.29, for a total transaction of $1,795,446.53. Following the completion of the sale, the vice president owned 2,232 shares of the company’s stock, valued at approximately $2,750,471.28. The trade was a 39.50% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 2,624 shares of company stock worth $3,232,291. Company insiders own 6.30% of the company’s stock.

Institutional Investors Weigh In On W.W. Grainger

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. State Street Corp lifted its position in shares of W.W. Grainger by 1.2% in the fourth quarter. State Street Corp now owns 2,019,452 shares of the industrial products company’s stock valued at $2,037,728,000 after acquiring an additional 23,399 shares in the last quarter. Geode Capital Management LLC raised its position in shares of W.W. Grainger by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 1,217,834 shares of the industrial products company’s stock valued at $1,230,214,000 after buying an additional 10,533 shares during the last quarter. Wellington Management Group LLP boosted its position in W.W. Grainger by 1,462.1% during the fourth quarter. Wellington Management Group LLP now owns 1,071,854 shares of the industrial products company’s stock worth $1,081,554,000 after acquiring an additional 1,003,237 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in 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 acquiring an additional 389,589 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in W.W. Grainger by 0.5% in the 3rd quarter. Northern Trust Corp now owns 659,158 shares of the industrial products company’s stock worth $628,151,000 after buying an additional 3,114 shares during the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

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.