Horizon Investment Services LLC Takes $805,000 Position in W.W. Grainger, Inc. $GWW

Horizon Investment Services LLC acquired a new stake in W.W. Grainger, Inc. (NYSE:GWW) in the second quarter, HoldingsChannel reports. The firm acquired 592 shares of the industrial products company’s stock, valued at approximately $805,000.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of W.W. Grainger by 46.8% during the fourth quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock valued at $338,000 after acquiring an additional 102 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of W.W. Grainger by 18.0% during the first quarter. Empowered Funds LLC now owns 2,851 shares of the industrial products company’s stock worth $2,816,000 after purchasing an additional 435 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in shares of W.W. Grainger by 169.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 3,826 shares of the industrial products company’s stock worth $3,980,000 after purchasing an additional 2,407 shares during the last quarter. Gamco Investors INC. ET AL bought a new stake in shares of W.W. Grainger in the second quarter worth $208,000. Finally, Sei Investments Co. increased its holdings in 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 valued at $43,051,000 after purchasing an additional 10,784 shares during the period. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently issued reports on GWW. Stephens lowered W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 target price for the company. in a research report on Tuesday, July 14th. Wolfe Research upgraded W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Oppenheimer increased their price target on W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Wall Street Zen raised W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Finally, Weiss Ratings raised W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Two equities 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, the company presently has an average rating of “Hold” and a consensus price target of $1,274.12.

W.W. Grainger Price Performance

GWW stock opened at $1,322.34 on Monday. The firm has a market cap of $62.28 billion, a price-to-earnings ratio of 33.72, a PEG ratio of 2.35 and a beta of 1.04. 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 12-month low of $906.52 and a 12-month high of $1,419.91. The company’s fifty day simple moving average is $1,345.39 and its 200 day simple moving average is $1,222.27.

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

W.W. Grainger Announces Dividend

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

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.