Hsbc Holdings PLC Takes Position in W.W. Grainger, Inc. $GWW

Hsbc Holdings PLC purchased a new position in shares of W.W. Grainger, Inc. (NYSE:GWW) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 135,375 shares of the industrial products company’s stock, valued at approximately $184,246,000.

Other large investors have also modified their holdings of the company. Brighton Jones LLC increased its stake in shares of W.W. Grainger by 46.8% in the fourth quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock valued at $338,000 after purchasing an additional 102 shares during the period. Empowered Funds LLC increased its position in W.W. Grainger by 18.0% in the 1st quarter. Empowered Funds LLC now owns 2,851 shares of the industrial products company’s stock valued at $2,816,000 after acquiring an additional 435 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in W.W. Grainger by 169.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,826 shares of the industrial products company’s stock valued at $3,980,000 after acquiring an additional 2,407 shares in the last quarter. Gamco Investors INC. ET AL bought a new stake in W.W. Grainger during the 2nd quarter valued at $208,000. Finally, Sei Investments Co. boosted its position in W.W. Grainger by 35.2% during the 2nd quarter. Sei Investments Co. now owns 41,388 shares of the industrial products company’s stock worth $43,051,000 after acquiring an additional 10,784 shares during the period. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Price Performance

Shares of W.W. Grainger stock opened at $1,301.27 on Wednesday. W.W. Grainger, Inc. has a 52 week low of $906.52 and a 52 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. The stock has a market cap of $61.29 billion, a PE ratio of 33.18, a price-to-earnings-growth ratio of 2.35 and a beta of 1.04. The company’s 50-day moving average price is $1,344.46 and its two-hundred day moving average price is $1,232.38.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, beating 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 company had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same quarter last year, the firm posted $9.97 EPS. The business’s revenue for the quarter 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, sell-side analysts anticipate that W.W. Grainger, Inc. will post 46.1 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

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 annualized dividend and a dividend yield of 0.8%. W.W. Grainger’s dividend payout ratio is currently 25.40%.

Analyst Ratings Changes

GWW has been the topic of a number of research analyst reports. DA Davidson raised 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. Wall Street Zen upgraded shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. 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. Morgan Stanley upped their price target on shares of W.W. Grainger from $1,300.00 to $1,400.00 and gave the stock an “equal weight” rating in a research note on Monday. Finally, Barclays increased 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 report on Tuesday, August 11th. 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. According to data from MarketBeat, W.W. Grainger has an average rating of “Hold” and an average target price of $1,286.62.

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.