Horizon Investment Services LLC Takes Position in W.W. Grainger, Inc. $GWW

Horizon Investment Services LLC purchased a new stake in W.W. Grainger, Inc. (NYSE:GWW) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 592 shares of the industrial products company’s stock, valued at approximately $805,000.

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

Wall Street Analyst Weigh In

A number of brokerages have issued reports on GWW. Royal Bank Of Canada reduced their price objective on shares of W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 5th. Weiss Ratings upgraded shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. Sanford C. Bernstein upped their price target on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a “market perform” rating in a report on Tuesday, April 21st. 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. Finally, 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 research report on Tuesday, July 14th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, W.W. Grainger presently has a consensus rating of “Hold” and an average price target of $1,274.12.

W.W. Grainger Stock Down 0.0%

Shares of NYSE GWW opened at $1,322.34 on Monday. The company has a market cap of $62.28 billion, a price-to-earnings ratio of 33.72, a PEG ratio of 2.35 and a beta of 1.04. 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, Inc. has a 12 month low of $906.52 and a 12 month high of $1,419.91. The stock has a 50-day moving average price of $1,345.39 and a two-hundred day moving average price of $1,222.27.

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 (EPS) for the quarter, beating the consensus estimate of $11.30 by $0.71. The company had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.96 billion. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The firm’s revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the firm posted $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, analysts forecast that W.W. Grainger, Inc. will post 46.14 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

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