Sanctuary Advisors LLC Buys Shares of 2,826 W.W. Grainger, Inc. $GWW

Sanctuary Advisors LLC bought a new stake in W.W. Grainger, Inc. (NYSE:GWW) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,826 shares of the industrial products company’s stock, valued at approximately $3,844,000.

Other large investors have also modified their holdings of the company. Banco BTG Pactual S.A. purchased a new stake in shares of W.W. Grainger in the fourth quarter valued at about $1,048,000. Bank of New York Mellon Corp purchased a new position in W.W. Grainger during the second quarter worth about $324,824,000. Assenagon Asset Management S.A. raised its holdings in W.W. Grainger by 1,353.1% during the second quarter. Assenagon Asset Management S.A. now owns 31,242 shares of the industrial products company’s stock worth $42,502,000 after purchasing an additional 29,092 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in W.W. Grainger in the second quarter valued at about $11,591,000. Finally, UBS Group AG lifted its position in W.W. Grainger by 11.6% in the fourth quarter. UBS Group AG now owns 180,990 shares of the industrial products company’s stock valued at $182,628,000 after purchasing an additional 18,868 shares during the period. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on GWW. Barclays boosted their target price on 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. Weiss Ratings raised W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Stephens downgraded W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price target on the stock. in a research note on Tuesday, July 14th. Oppenheimer upped their price objective on 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. Finally, Wolfe Research upgraded W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. 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 company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $1,286.62.

W.W. Grainger Stock Down 1.6%

Shares of NYSE GWW opened at $1,301.27 on Wednesday. The stock has a market capitalization of $61.29 billion, a price-to-earnings ratio of 33.18, a price-to-earnings-growth 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. The firm has a 50-day moving average price of $1,344.46 and a 200 day moving average price of $1,232.38. 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) last issued its earnings results 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 net margin of 9.92% and a return on equity of 48.73%. The company had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same period in the prior year, the business posted $9.97 earnings per share. The firm’s revenue for the quarter 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 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 declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 10th will be issued a $2.49 dividend. The ex-dividend date is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.8%. W.W. Grainger’s dividend payout ratio is currently 25.40%.

About W.W. Grainger

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.