FSA Advisors Inc. acquired a new position in W.W. Grainger, Inc. (NYSE:GWW – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 503 shares of the industrial products company’s stock, valued at approximately $548,000.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in GWW. Brighton Jones LLC raised its position in shares of W.W. Grainger by 46.8% in the fourth quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock valued at $338,000 after purchasing an additional 102 shares during the period. Empowered Funds LLC raised its holdings in W.W. Grainger by 18.0% during the 1st quarter. Empowered Funds LLC now owns 2,851 shares of the industrial products company’s stock valued at $2,816,000 after acquiring an additional 435 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in shares of W.W. Grainger by 169.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,826 shares of the industrial products company’s stock worth $3,980,000 after acquiring an additional 2,407 shares in the last quarter. Gamco Investors INC. ET AL purchased a new stake in shares of W.W. Grainger during the second quarter worth $208,000. Finally, Sei Investments Co. boosted its holdings in shares of W.W. Grainger by 35.2% in the second quarter. Sei Investments Co. now owns 41,388 shares of the industrial products company’s stock worth $43,051,000 after acquiring an additional 10,784 shares during the period. 80.70% of the stock is currently owned by institutional investors.
Insider Transactions at W.W. Grainger
In other W.W. Grainger news, SVP Jonny M. Leroy sold 854 shares of W.W. Grainger 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 transaction of $1,051,325.24. Following the completion of the sale, the senior vice president directly owned 1,554 shares in the company, valued at $1,913,067.24. The trade was a 35.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Paige K. Robbins sold 1,457 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the vice president directly owned 2,232 shares of the company’s stock, valued at approximately $2,750,471.28. This represents a 39.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 2,624 shares of company stock valued at $3,232,291. 6.30% of the stock is owned by corporate insiders.
W.W. Grainger Trading Down 0.7%
W.W. Grainger (NYSE:GWW – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The industrial products company reported $11.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.21 by $1.44. The company had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.58 billion. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.The firm’s quarterly revenue was up 10.1% on a year-over-year basis. During the same quarter last year, the company earned $9.86 earnings per share. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. On average, equities research analysts anticipate that W.W. Grainger, Inc. will post 45.46 EPS for the current fiscal year.
W.W. Grainger Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 11th were given a dividend of $2.49 per share. This is a boost from W.W. Grainger’s previous quarterly dividend of $2.26. The ex-dividend date was Monday, May 11th. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.7%. W.W. Grainger’s dividend payout ratio is 26.79%.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the company. Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Barclays cut their target price on W.W. Grainger from $1,171.00 to $1,166.00 and set an “underweight” rating for the company in a research note on Tuesday, June 23rd. Weiss Ratings lowered W.W. Grainger from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 2nd. Stephens cut W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price target on the stock. in a research report on Tuesday. Finally, Royal Bank Of Canada increased their price target on shares of W.W. Grainger from $1,337.00 to $1,460.00 and gave the stock a “sector perform” rating in a report on Thursday. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $1,230.11.
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.
Read More
- Five stocks we like better than W.W. Grainger
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & Ratings for W.W. Grainger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for W.W. Grainger and related companies with MarketBeat.com's FREE daily email newsletter.
