Meiji Yasuda Asset Management Co Ltd. Makes New $13.58 Million Investment in W.W. Grainger, Inc. $GWW

Meiji Yasuda Asset Management Co Ltd. bought a new stake in W.W. Grainger, Inc. (NYSE:GWW) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 9,984 shares of the industrial products company’s stock, valued at approximately $13,582,000.

Several other large investors have also modified their holdings of the stock. Miller Capital Partners Inc. purchased a new position in W.W. Grainger in the 4th quarter valued at $26,000. Elevation Wealth Partners LLC raised its position in W.W. Grainger by 420.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock worth $35,000 after buying an additional 21 shares during the last quarter. MV Capital Management Inc. purchased a new position in W.W. Grainger during the 4th quarter worth $28,000. Elyxium Wealth LLC acquired a new stake in shares of W.W. Grainger in the 4th quarter worth $30,000. Finally, Caitlin John LLC acquired a new stake in shares of W.W. Grainger in the 4th quarter worth $35,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on GWW. Royal Bank Of Canada dropped 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 research note on Wednesday, August 5th. Barclays lifted their price objective on W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a report on Tuesday, August 11th. Morgan Stanley boosted their target price on W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 27th. Wolfe Research raised W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Finally, Stephens cut W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price target for the company. in a report on Tuesday, July 14th. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $1,274.12.

W.W. Grainger Trading Down 0.0%

Shares of W.W. Grainger stock opened at $1,312.12 on Monday. The company has a 50-day moving average of $1,344.74 and a two-hundred day moving average of $1,230.47. W.W. Grainger, Inc. has a 12-month low of $906.52 and a 12-month high of $1,419.91. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53. The stock has a market cap of $61.80 billion, a PE ratio of 33.46, a price-to-earnings-growth ratio of 2.33 and a beta of 1.04.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, topping the consensus estimate of $11.30 by $0.71. The business had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The company’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, research analysts anticipate that W.W. Grainger, Inc. will post 46.1 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

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

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.