W.W. Grainger, Inc. $GWW Stock Sold by ProShare Advisors LLC

ProShare Advisors LLC lowered its stake in W.W. Grainger, Inc. (NYSE:GWW) by 10.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 129,080 shares of the industrial products company’s stock after selling 15,263 shares during the period. ProShare Advisors LLC’s holdings in W.W. Grainger were worth $160,803,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Vise Technologies Inc. grew its holdings in W.W. Grainger by 56.4% in the third quarter. Vise Technologies Inc. now owns 3,883 shares of the industrial products company’s stock worth $4,838,000 after purchasing an additional 1,401 shares during the period. Invera Wealth Advisors LLC grew its position in W.W. Grainger by 6.3% in the 3rd quarter. Invera Wealth Advisors LLC now owns 336 shares of the industrial products company’s stock worth $419,000 after purchasing an additional 20 shares during the period. Avestar Capital LLC lifted its holdings in W.W. Grainger by 5.0% in the third quarter. Avestar Capital LLC now owns 356 shares of the industrial products company’s stock valued at $443,000 after acquiring an additional 17 shares during the period. Modera Wealth Management LLC purchased a new position in shares of W.W. Grainger in the third quarter worth approximately $243,000. Finally, International Assets Investment Management LLC increased its stake in shares of W.W. Grainger by 147,683.3% in the 3rd quarter. International Assets Investment Management LLC now owns 300,000 shares of the industrial products company’s stock worth $373,728,000 after purchasing an additional 299,797 shares in the last quarter. 80.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Jefferies Financial Group lifted their price target on shares of W.W. Grainger from $1,150.00 to $1,300.00 and gave the company a “hold” rating in a report on Monday, July 20th. Morgan Stanley lifted 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 report on Monday, August 24th. Wolfe Research started coverage on shares of W.W. Grainger in a research note on Tuesday, September 15th. They set a “peer perform” rating for the company. Oppenheimer raised 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 report on Wednesday, August 5th. Finally, Robert W. Baird upped their price objective on W.W. Grainger from $1,365.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Three research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $1,253.85.

W.W. Grainger Stock Performance

Shares of GWW stock opened at $1,357.84 on Friday. The firm has a market cap of $63.95 billion, a price-to-earnings ratio of 34.62, a PEG ratio of 2.41 and a beta of 1.01. The stock’s 50-day moving average is $1,300.71 and its two-hundred day moving average is $1,235.62. 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, Inc. has a 1 year low of $906.52 and a 1 year high of $1,419.91.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings data 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 firm had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $4.96 billion. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The firm’s revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the firm earned $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Analysts predict that W.W. Grainger, Inc. will post 46.31 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 9th will be issued a $2.49 dividend. The ex-dividend date is Monday, November 9th. This represents a $9.96 dividend on an annualized basis and a yield of 0.7%. W.W. Grainger’s payout ratio is currently 25.40%.

W.W. Grainger Company Profile

W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) supplies for businesses, government agencies and other organizations. Its product offerings include safety equipment, tools, fasteners, electrical and plumbing supplies, material-handling equipment, cleaning and janitorial products, HVAC supplies, and facility-maintenance products.

The company also provides services designed to help customers manage procurement and workplace operations, including product selection support, inventory-management programs, digital purchasing tools, and technical assistance.