Centric Wealth Management Acquires New Shares in W.W. Grainger, Inc. $GWW

Centric Wealth Management acquired a new position in W.W. Grainger, Inc. (NYSE:GWW) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 984 shares of the industrial products company’s stock, valued at approximately $1,203,000.

Several other hedge funds have also recently bought and sold shares of GWW. Miller Capital Partners Inc. bought a new stake in shares of W.W. Grainger during the 4th quarter worth about $26,000. Elevation Wealth Partners LLC increased its holdings in shares of W.W. Grainger by 420.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 21 shares during the last quarter. MV Capital Management Inc. bought a new position in shares of W.W. Grainger in the 4th quarter valued at approximately $28,000. Elyxium Wealth LLC acquired a new stake in W.W. Grainger in the 4th quarter worth approximately $30,000. Finally, Caitlin John LLC acquired a new stake in W.W. Grainger in the 4th quarter worth approximately $35,000. 80.70% of the stock is owned by institutional investors and hedge funds.

W.W. Grainger Stock Performance

Shares of NYSE GWW opened at $1,322.34 on Friday. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. The business’s 50 day moving average is $1,345.39 and its two-hundred day moving average is $1,221.07. The company has a market cap of $62.28 billion, a P/E ratio of 33.72, a P/E/G 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.

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

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th will be issued a $2.49 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. W.W. Grainger’s dividend payout ratio is 25.40%.

Analyst Upgrades and Downgrades

Several brokerages have commented on GWW. Sanford C. Bernstein increased their price target on W.W. Grainger from $1,052.00 to $1,125.00 and gave the company a “market perform” rating in a report on Tuesday, April 21st. Wolfe Research upgraded shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Stephens downgraded shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price objective for the company. in a report on Tuesday, July 14th. 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. Finally, Oppenheimer lifted their target price 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. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, W.W. Grainger currently has an average rating of “Hold” and an average 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.