Haverford Trust Co Acquires Shares of 691 W.W. Grainger, Inc. $GWW

Haverford Trust Co bought a new position in W.W. Grainger, Inc. (NYSE:GWW) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 691 shares of the industrial products company’s stock, valued at approximately $940,000.

Several other hedge funds have also recently made changes to their positions in the company. Bank of Nova Scotia bought a new position in shares of W.W. Grainger during the 2nd quarter worth $6,233,000. Elevation Point Wealth Partners LLC purchased a new stake in W.W. Grainger in the 2nd quarter worth about $499,000. Alta Advisers Ltd bought a new stake in W.W. Grainger in the 2nd quarter valued at about $276,000. Daiichi Life Insurance Co. Ltd. purchased a new stake in shares of W.W. Grainger during the 2nd quarter valued at approximately $3,684,000. Finally, Commerce Bank bought a new position in W.W. Grainger in the 2nd quarter worth approximately $8,634,000. 80.70% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Morgan Stanley boosted their target price on shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an “equal weight” rating in a report on Wednesday, May 27th. Weiss Ratings raised W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Barclays lifted their price target on W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a research report on Tuesday, August 11th. Oppenheimer boosted their price objective on W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Finally, Wolfe Research raised W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $1,274.12.

W.W. Grainger Price Performance

Shares of NYSE:GWW opened at $1,312.12 on Friday. The company has a 50 day moving average of $1,344.74 and a 200 day moving average of $1,229.54. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53. The stock has a market cap of $61.80 billion, a P/E ratio of 33.46, a P/E/G ratio of 2.33 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 posted its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $11.30 by $0.71. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The business had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $4.96 billion. During the same period in the prior year, the company posted $9.97 EPS. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, sell-side analysts forecast that W.W. Grainger, Inc. will post 46.1 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders 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 annualized dividend and a dividend yield of 0.8%. W.W. Grainger’s dividend payout ratio is presently 25.40%.

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.