Canada Pension Plan Investment Board Invests $69.80 Million in W.W. Grainger, Inc. $GWW

Canada Pension Plan Investment Board acquired a new stake in shares of W.W. Grainger, Inc. (NYSE:GWW) during the second quarter, HoldingsChannel.com reports. The fund acquired 51,310 shares of the industrial products company’s stock, valued at approximately $69,802,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Miller Capital Partners Inc. bought a new position in shares of W.W. Grainger in the fourth quarter valued at approximately $26,000. MV Capital Management Inc. acquired a new stake in shares of W.W. Grainger in the fourth quarter worth $28,000. Elyxium Wealth LLC bought a new stake in shares of W.W. Grainger during the 4th quarter worth $30,000. Elevation Wealth Partners LLC boosted its holdings in shares of 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 period. Finally, Caitlin John LLC acquired a new position in W.W. Grainger in the 4th quarter valued at $35,000. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Royal Bank Of Canada dropped their target price 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. Barclays upped their price target on shares of 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. DA Davidson lifted 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 note on Thursday, August 6th. Morgan Stanley lifted their price objective on W.W. Grainger from $1,300.00 to $1,400.00 and gave the stock an “equal weight” rating in a research note on Monday. Finally, Oppenheimer boosted their price objective on W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, W.W. Grainger currently has an average rating of “Hold” and an average price target of $1,286.62.

W.W. Grainger Trading Down 1.2%

Shares of GWW opened at $1,319.67 on Friday. The stock’s 50-day moving average price is $1,344.10 and its 200 day moving average price is $1,234.33. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $62.16 billion, a price-to-earnings ratio of 33.65, a P/E/G ratio of 2.38 and a beta of 1.04. W.W. Grainger, Inc. has a 12-month low of $906.52 and a 12-month high of $1,419.91.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 EPS 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 company 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 company earned $9.97 EPS. The company’s quarterly revenue 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. As a group, research analysts predict 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. Shareholders of record on Monday, August 10th will be paid a dividend of $2.49 per share. The ex-dividend date is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. W.W. Grainger’s payout ratio 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.