W.W. Grainger, Inc. $GWW Shares Acquired by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC boosted its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 135.2% in the 3rd quarter, Holdings Channel reports. The firm owned 962 shares of the industrial products company’s stock after purchasing an additional 553 shares during the period. OneDigital Investment Advisors LLC’s holdings in W.W. Grainger were worth $917,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of GWW. Vanguard Group Inc. increased its stake in W.W. Grainger by 1.9% in the third quarter. Vanguard Group Inc. now owns 5,731,880 shares of the industrial products company’s stock valued at $5,462,252,000 after purchasing an additional 104,607 shares during the period. State Street Corp increased its position in W.W. Grainger by 0.4% in the 2nd quarter. State Street Corp now owns 1,982,274 shares of the industrial products company’s stock valued at $2,062,041,000 after acquiring an additional 8,735 shares during the period. Geode Capital Management LLC raised its stake in W.W. Grainger by 1.9% during the 2nd quarter. Geode Capital Management LLC now owns 1,260,610 shares of the industrial products company’s stock valued at $1,306,289,000 after acquiring an additional 23,418 shares during the last quarter. Parnassus Investments LLC acquired a new stake in W.W. Grainger during the 3rd quarter worth approximately $721,202,000. Finally, Norges Bank acquired a new stake in W.W. Grainger during the 2nd quarter worth approximately $536,916,000. 80.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

GWW has been the topic of a number of recent research reports. Weiss Ratings raised W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. Sanford C. Bernstein assumed coverage on shares of W.W. Grainger in a research note on Wednesday, November 12th. They issued a “market perform” rating and a $975.00 price objective on the stock. Oppenheimer raised their target price on shares of W.W. Grainger from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. JPMorgan Chase & Co. boosted their price target on shares of W.W. Grainger from $1,100.00 to $1,165.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Finally, Barclays increased their price target on shares of W.W. Grainger from $963.00 to $975.00 and gave the stock an “underweight” rating in a report on Friday, November 7th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, W.W. Grainger currently has an average rating of “Hold” and an average target price of $1,060.13.

Insider Buying and Selling

In related news, CEO Donald G. Macpherson sold 12,163 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $972.57, for a total value of $11,829,368.91. Following the sale, the chief executive officer owned 103,885 shares in the company, valued at $101,035,434.45. This represents a 10.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Krantz Nancy L. Berardinelli sold 195 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $1,023.93, for a total value of $199,666.35. Following the completion of the transaction, the vice president directly owned 3,174 shares of the company’s stock, valued at $3,249,953.82. The trade was a 5.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 26,881 shares of company stock worth $26,157,155. Insiders own 6.10% of the company’s stock.

W.W. Grainger Price Performance

Shares of NYSE GWW opened at $1,105.17 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.59 and a current ratio of 2.83. W.W. Grainger, Inc. has a one year low of $893.99 and a one year high of $1,218.63. The firm has a market capitalization of $52.35 billion, a P/E ratio of 31.23, a PEG ratio of 2.35 and a beta of 1.10. The company’s fifty day moving average is $1,080.23 and its two-hundred day moving average is $1,010.57.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $9.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.46 by ($0.01). The company had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $4.39 billion. W.W. Grainger had a net margin of 9.51% and a return on equity of 47.46%. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $9.71 EPS. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. Analysts forecast that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Monday, February 9th will be paid a dividend of $2.26 per share. The ex-dividend date of this dividend is Monday, February 9th. This represents a $9.04 annualized dividend and a dividend yield of 0.8%. W.W. Grainger’s payout ratio is 25.54%.

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.