Sone Capital Management LLC bought a new position in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,223 shares of the industrial products company’s stock, valued at approximately $11,187,000.
Other institutional investors have also modified their holdings of the company. Miller Capital Partners Inc. purchased a new position in W.W. Grainger during the 4th quarter worth $26,000. MV Capital Management Inc. acquired a new position in W.W. Grainger in the fourth quarter valued at $28,000. Elyxium Wealth LLC purchased a new stake in shares of W.W. Grainger in the fourth quarter valued at about $30,000. Elevation Wealth Partners LLC boosted its stake in shares of W.W. Grainger by 420.0% during the second 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 period. Finally, Caitlin John LLC acquired a new stake in shares of W.W. Grainger during the fourth quarter worth about $35,000. 80.70% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several brokerages recently issued reports on GWW. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. DA Davidson increased their price objective on W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Royal Bank Of Canada lowered their target price on 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 boosted their target price 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. Finally, Oppenheimer upped their price target on W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, W.W. Grainger currently has an average rating of “Hold” and an average target price of $1,286.62.
W.W. Grainger Trading Up 0.8%
Shares of W.W. Grainger stock opened at $1,322.16 on Tuesday. The firm has a market cap of $62.27 billion, a price-to-earnings ratio of 33.71, a price-to-earnings-growth ratio of 2.33 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. The company’s 50-day simple moving average is $1,344.88 and its 200-day simple moving average is $1,231.64. 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 (NYSE:GWW – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating analysts’ consensus estimates of $11.30 by $0.71. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The firm had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same quarter last year, the firm earned $9.97 earnings per share. 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. As a group, equities research analysts anticipate that W.W. Grainger, Inc. will post 46.1 earnings per share for the current year.
W.W. Grainger Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be issued a $2.49 dividend. This represents a $9.96 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, August 10th. W.W. Grainger’s dividend payout ratio (DPR) is currently 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.
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