Palisade Capital Management LP Makes New $597,000 Investment in W.W. Grainger, Inc. $GWW

Palisade Capital Management LP purchased a new position in W.W. Grainger, Inc. (NYSE:GWW) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 439 shares of the industrial products company’s stock, valued at approximately $597,000.

Several other hedge funds also recently made changes to their positions in the stock. Miller Capital Partners Inc. purchased a new stake in W.W. Grainger during the 4th quarter worth about $26,000. MV Capital Management Inc. purchased a new position in W.W. Grainger during the 4th quarter valued at about $28,000. Elyxium Wealth LLC purchased a new position in W.W. Grainger during the 4th quarter valued at about $30,000. Elevation Wealth Partners LLC increased its position in shares of W.W. Grainger by 420.0% during the second quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock valued at $35,000 after buying an additional 21 shares during the period. Finally, Caitlin John LLC bought a new position in shares of W.W. Grainger in the fourth quarter valued at approximately $35,000. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on GWW shares. Royal Bank Of Canada decreased 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. Morgan Stanley boosted their price target on shares of W.W. Grainger from $1,300.00 to $1,400.00 and gave the company an “equal weight” rating in a research report on Monday. Wolfe Research raised shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. DA Davidson lifted their price objective on W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Finally, Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Two equities research 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. Based on data from MarketBeat, W.W. Grainger currently has a consensus rating of “Hold” and a consensus target price of $1,286.62.

W.W. Grainger Stock Performance

NYSE GWW opened at $1,337.59 on Thursday. 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 fifty day moving average of $1,345.00 and a 200-day moving average of $1,233.47. The company has a market capitalization of $63.00 billion, a P/E ratio of 34.10, a P/E/G ratio of 2.32 and a beta of 1.04. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $11.30 by $0.71. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The firm had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $4.96 billion. During the same period last year, the firm earned $9.97 earnings per share. The company’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, equities research analysts predict that W.W. Grainger, Inc. will post 46.1 EPS for the current fiscal 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 issued a $2.49 dividend. This represents a $9.96 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, August 10th. W.W. Grainger’s dividend payout ratio is 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.