Vise Technologies Inc. bought a new position in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,482 shares of the industrial products company’s stock, valued at approximately $3,376,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of GWW. Avantax Planning Partners Inc. increased its position in shares of W.W. Grainger by 1.9% during the fourth quarter. Avantax Planning Partners Inc. now owns 483 shares of the industrial products company’s stock valued at $487,000 after acquiring an additional 9 shares during the last quarter. Hohimer Wealth Management LLC boosted its position in W.W. Grainger by 1.2% in the fourth quarter. Hohimer Wealth Management LLC now owns 788 shares of the industrial products company’s stock worth $795,000 after purchasing an additional 9 shares during the last quarter. Sawyer & Company Inc grew its stake in W.W. Grainger by 1.5% in the 4th quarter. Sawyer & Company Inc now owns 676 shares of the industrial products company’s stock valued at $682,000 after purchasing an additional 10 shares during the period. Dearborn Partners LLC increased its position in shares of W.W. Grainger by 3.4% during the 4th quarter. Dearborn Partners LLC now owns 305 shares of the industrial products company’s stock valued at $308,000 after purchasing an additional 10 shares during the last quarter. Finally, Andina Capital Management LLC increased its position in shares of W.W. Grainger by 2.5% during the 4th quarter. Andina Capital Management LLC now owns 404 shares of the industrial products company’s stock valued at $408,000 after purchasing an additional 10 shares during the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on GWW. Royal Bank Of Canada cut their price target on shares of W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 5th. Oppenheimer raised their price objective on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Barclays lifted their price objective on shares of W.W. Grainger from $1,166.00 to $1,185.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 11th. Morgan Stanley boosted their target price on shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 27th. 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 investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $1,274.12.
W.W. Grainger Stock Up 0.9%
Shares of NYSE GWW opened at $1,312.12 on Friday. W.W. Grainger, Inc. has a one year low of $906.52 and a one year high of $1,419.91. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70. The business’s fifty day moving average price is $1,344.74 and its 200-day moving average price is $1,229.54. The stock has a market capitalization of $61.80 billion, a PE ratio of 33.46, a P/E/G ratio of 2.31 and a beta of 1.04.
W.W. Grainger (NYSE:GWW – Get Free Report) last announced 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 company had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same quarter last year, the firm posted $9.97 EPS. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, equities research analysts anticipate that W.W. Grainger, Inc. will post 46.1 EPS for the current year.
W.W. Grainger Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be paid a $2.49 dividend. 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 (DPR) 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.
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