452 Shares in W.W. Grainger, Inc. $GWW Purchased by Hurlow Wealth Management Group Inc.

Hurlow Wealth Management Group Inc. bought a new stake in shares of W.W. Grainger, Inc. (NYSE:GWW) in the 2nd quarter, Holdings Channel reports. The firm bought 452 shares of the industrial products company’s stock, valued at approximately $615,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of GWW. Alpine Woods Capital Investors LLC bought a new stake in shares of W.W. Grainger during the second quarter valued at approximately $2,032,000. Meeder Advisory Services Inc. purchased a new position in shares of W.W. Grainger in the 2nd quarter valued at $1,641,000. Meeder Asset Management Inc. bought a new position in W.W. Grainger in the second quarter worth about $11,591,000. UNIVEST FINANCIAL Corp bought a new position in W.W. Grainger in the second quarter worth about $241,000. Finally, MidFirst Bank purchased a new stake in W.W. Grainger during the second quarter valued at approximately $337,000. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

W.W. Grainger Trading Down 0.3%

W.W. Grainger stock opened at $1,314.38 on Wednesday. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. 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 market capitalization of $61.91 billion, a price-to-earnings ratio of 33.51, a price-to-earnings-growth ratio of 2.35 and a beta of 1.04. The stock has a 50-day moving average price of $1,345.40 and a 200 day moving average price of $1,225.84.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, topping 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 company had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same period last year, the firm posted $9.97 EPS. W.W. Grainger’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. Sell-side analysts anticipate that W.W. Grainger, Inc. will post 46.14 EPS for the current year.

W.W. Grainger Announces Dividend

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

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Oppenheimer upped their target price on W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. 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 research report on Tuesday, August 11th. 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. Wall Street Zen raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Finally, Morgan Stanley upped their price target on shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 27th. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, W.W. Grainger currently has a consensus rating of “Hold” and an average 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.