Meiji Yasuda Asset Management Co Ltd. Makes New $13.58 Million Investment in W.W. Grainger, Inc. $GWW

Meiji Yasuda Asset Management Co Ltd. bought a new position in shares of W.W. Grainger, Inc. (NYSE:GWW) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 9,984 shares of the industrial products company’s stock, valued at approximately $13,582,000.

Other large investors also recently bought and sold shares of the company. Avantax Planning Partners Inc. grew its holdings in W.W. Grainger by 1.9% during the 4th quarter. Avantax Planning Partners Inc. now owns 483 shares of the industrial products company’s stock worth $487,000 after acquiring an additional 9 shares in the last quarter. Hohimer Wealth Management LLC increased its holdings in shares of W.W. Grainger by 1.2% in the 4th quarter. Hohimer Wealth Management LLC now owns 788 shares of the industrial products company’s stock valued at $795,000 after acquiring an additional 9 shares during the last quarter. Sawyer & Company Inc increased its holdings in shares of W.W. Grainger by 1.5% in the 4th quarter. Sawyer & Company Inc now owns 676 shares of the industrial products company’s stock valued at $682,000 after acquiring an additional 10 shares during the last quarter. Dearborn Partners LLC raised its position in shares of W.W. Grainger by 3.4% during the 4th quarter. Dearborn Partners LLC now owns 305 shares of the industrial products company’s stock worth $308,000 after acquiring an additional 10 shares in the last quarter. Finally, Andina Capital Management LLC raised its position in shares of W.W. Grainger by 2.5% during the 4th quarter. Andina Capital Management LLC now owns 404 shares of the industrial products company’s stock worth $408,000 after acquiring an additional 10 shares in the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

W.W. Grainger Price Performance

GWW stock opened at $1,312.12 on Monday. 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 company has a market capitalization of $61.80 billion, a P/E ratio of 33.46, a PEG ratio of 2.33 and a beta of 1.04. The business has a 50 day simple moving average of $1,344.74 and a 200-day simple moving average of $1,230.47. W.W. Grainger, Inc. has a twelve month low of $906.52 and a twelve month high of $1,419.91.

W.W. Grainger (NYSE:GWW) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating analysts’ consensus estimates 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 previous year, the company posted $9.97 EPS. The company’s quarterly revenue was up 10.3% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, equities analysts anticipate that W.W. Grainger, Inc. will post 46.1 EPS for the current year.

W.W. Grainger Dividend Announcement

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

Analysts Set New Price Targets

GWW has been the subject of a number of research analyst reports. DA Davidson upped their price target on W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Stephens cut shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price objective on the stock. in a report on Tuesday, July 14th. Wolfe Research upgraded shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Barclays increased their target price on shares of 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. Finally, 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. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $1,274.12.

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.