Morgan Stanley Boosts W.W. Grainger (NYSE:GWW) Price Target to $1,400.00

W.W. Grainger (NYSE:GWW) had its price target lifted by equities research analysts at Morgan Stanley from $1,300.00 to $1,400.00 in a report issued on Monday,Benzinga reports. The brokerage presently has an “equal weight” rating on the industrial products company’s stock. Morgan Stanley’s target price indicates a potential upside of 6.53% from the company’s current price.

Several other research firms have also recently weighed in on GWW. Wall Street Zen raised W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. 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 research report on Wednesday, August 5th. Royal Bank Of Canada reduced their target price 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 report on Wednesday, August 5th. Wolfe Research raised shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Finally, Barclays raised their price target 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. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, W.W. Grainger presently has a consensus rating of “Hold” and a consensus price target of $1,286.62.

W.W. Grainger Price Performance

W.W. Grainger stock traded up $1.91 during mid-day trading on Monday, reaching $1,314.14. The company had a trading volume of 57,138 shares, compared to its average volume of 282,511. The business has a fifty day simple moving average of $1,344.74 and a 200 day simple moving average of $1,230.47. The company has a market cap of $61.90 billion, a P/E ratio of 33.50, a P/E/G ratio of 2.33 and a beta of 1.04. W.W. Grainger has a fifty-two week low of $906.52 and a fifty-two week high of $1,419.91. 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 (NYSE:GWW) last announced its quarterly 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. The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.W.W. Grainger’s revenue was up 10.3% compared to the same quarter last year. During the same period in the prior year, the company earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, equities research analysts predict that W.W. Grainger will post 46.1 earnings per share for the current year.

Institutional Investors Weigh In On W.W. Grainger

Institutional investors and hedge funds have recently made changes to their positions in the business. Miller Capital Partners Inc. bought a new position in shares of W.W. Grainger during the 4th quarter worth approximately $26,000. MV Capital Management Inc. acquired a new position in shares of W.W. Grainger during the 4th quarter valued at $28,000. Elyxium Wealth LLC acquired a new position in shares of W.W. Grainger during the 4th quarter valued at $30,000. Continuum Advisory LLC bought a new position in W.W. Grainger during the second quarter worth $34,000. Finally, Elevation Wealth Partners LLC grew its holdings 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 worth $35,000 after purchasing an additional 21 shares during the period. Institutional investors own 80.70% of the company’s stock.

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.