Global Retirement Partners LLC Makes New Investment in W.W. Grainger, Inc. $GWW

Global Retirement Partners LLC acquired a new stake in shares of W.W. Grainger, Inc. (NYSE:GWWFree Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,507 shares of the industrial products company’s stock, valued at approximately $2,051,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wellington Management Group LLP raised its position in W.W. Grainger by 1,462.1% during the fourth quarter. Wellington Management Group LLP now owns 1,071,854 shares of the industrial products company’s stock valued at $1,081,554,000 after buying an additional 1,003,237 shares during the period. Norges Bank acquired a new stake in W.W. Grainger during the fourth quarter valued at $518,958,000. Northwestern Mutual Wealth Management Co. grew its stake in W.W. Grainger by 34,269.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 435,466 shares of the industrial products company’s stock valued at $439,407,000 after purchasing an additional 434,199 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in W.W. Grainger by 61.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,027,286 shares of the industrial products company’s stock worth $1,036,584,000 after purchasing an additional 389,589 shares during the last quarter. Finally, Sustainable Growth Advisers LP purchased a new stake in shares of W.W. Grainger during the 3rd quarter worth about $239,597,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on GWW shares. Wolfe Research upgraded W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. 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. Morgan Stanley raised 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 report on Wednesday, May 27th. Sanford C. Bernstein lifted their price objective on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the company a “market perform” rating in a research note on Tuesday, April 21st. Finally, 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. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $1,274.12.

View Our Latest Research Report on GWW

W.W. Grainger Trading Down 0.0%

Shares of NYSE:GWW opened at $1,322.34 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81. The stock’s 50-day moving average is $1,345.39 and its 200-day moving average is $1,222.27. The company has a market cap of $62.28 billion, a P/E ratio of 33.72, a P/E/G ratio of 2.35 and a beta of 1.04. W.W. Grainger, Inc. has a 52-week low of $906.52 and a 52-week high of $1,419.91.

W.W. Grainger (NYSE:GWWGet Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, topping the consensus estimate of $11.30 by $0.71. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The business had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.96 billion. During the same quarter in the previous year, the firm earned $9.97 EPS. The firm’s revenue 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. Equities research analysts predict that W.W. Grainger, Inc. will post 46.14 earnings per share for the current year.

W.W. Grainger Dividend Announcement

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

W.W. Grainger Company Profile

(Free Report)

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

Want to see what other hedge funds are holding GWW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for W.W. Grainger, Inc. (NYSE:GWWFree Report).

Institutional Ownership by Quarter for W.W. Grainger (NYSE:GWW)

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.