Concentric Capital Strategies LP Invests $5.34 Million in W.W. Grainger, Inc. $GWW

Concentric Capital Strategies LP acquired a new stake in shares of W.W. Grainger, Inc. (NYSE:GWW) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 5,288 shares of the industrial products company’s stock, valued at approximately $5,336,000.

Several other institutional investors have also modified their holdings of the stock. Miller Capital Partners Inc. bought a new stake in W.W. Grainger in the fourth quarter worth $26,000. Ameriflex Group Inc. increased its position in W.W. Grainger by 211.1% during the third quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 19 shares during the last quarter. Harbor Investment Advisory LLC raised its stake in shares of W.W. Grainger by 314.3% in the fourth quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 22 shares during the period. Elyxium Wealth LLC bought a new stake in shares of W.W. Grainger in the 4th quarter worth about $30,000. Finally, State of Wyoming lifted its holdings in shares of W.W. Grainger by 650.0% in the 2nd quarter. State of Wyoming now owns 45 shares of the industrial products company’s stock worth $47,000 after acquiring an additional 39 shares during the last quarter. 80.70% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, VP Paige K. Robbins sold 1,457 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $1,232.29, for a total transaction of $1,795,446.53. Following the sale, the vice president directly owned 2,232 shares in the company, valued at $2,750,471.28. This trade represents a 39.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jonny M. Leroy sold 854 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $1,231.06, for a total value of $1,051,325.24. Following the completion of the sale, the senior vice president owned 1,554 shares of the company’s stock, valued at $1,913,067.24. This trade represents a 35.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 6,451 shares of company stock valued at $7,380,743 in the last ninety days. Insiders own 6.30% of the company’s stock.

W.W. Grainger Stock Down 0.7%

Shares of GWW stock opened at $1,310.57 on Thursday. The stock’s fifty day moving average price is $1,224.58 and its 200 day moving average price is $1,123.95. W.W. Grainger, Inc. has a 1-year low of $906.52 and a 1-year high of $1,349.74. The company has a market cap of $61.87 billion, a price-to-earnings ratio of 35.25, a price-to-earnings-growth ratio of 2.44 and a beta of 1.04. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.60.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings data on Thursday, May 7th. The industrial products company reported $11.65 EPS for the quarter, topping the consensus estimate of $10.21 by $1.44. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The business had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same period in the previous year, the firm posted $9.86 earnings per share. The business’s revenue for the quarter was up 10.1% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. On average, research analysts expect that W.W. Grainger, Inc. will post 45.34 earnings per share for the current fiscal year.

W.W. Grainger Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 11th were issued a dividend of $2.49 per share. This represents a $9.96 annualized dividend and a yield of 0.8%. This is a positive change from W.W. Grainger’s previous quarterly dividend of $2.26. The ex-dividend date of this dividend was Monday, May 11th. W.W. Grainger’s dividend payout ratio is 26.79%.

Analysts Set New Price Targets

GWW has been the subject of several recent analyst reports. DA Davidson started coverage on W.W. Grainger in a research report on Tuesday. They set a “neutral” rating and a $1,250.00 target price for the company. Weiss Ratings raised W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Stephens upped their price objective on W.W. Grainger from $1,300.00 to $1,355.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Sanford C. Bernstein increased their target price on W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a “market perform” rating in a research note on Tuesday, April 21st. Finally, Barclays boosted their target price on shares of W.W. Grainger from $1,047.00 to $1,171.00 and gave the company an “underweight” rating in a research note on Tuesday, May 12th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $1,217.00.

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.