Orion Porfolio Solutions LLC Buys 5,455 Shares of W.W. Grainger, Inc. $GWW

Orion Porfolio Solutions LLC grew its stake in W.W. Grainger, Inc. (NYSE:GWWFree Report) by 993.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,004 shares of the industrial products company’s stock after purchasing an additional 5,455 shares during the period. Orion Porfolio Solutions LLC’s holdings in W.W. Grainger were worth $5,722,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in GWW. Accredited Investors Inc. bought a new position in W.W. Grainger in the 3rd quarter valued at approximately $25,000. Loomis Sayles & Co. L P bought a new stake in shares of W.W. Grainger during the second quarter worth $27,000. Asset Dedication LLC grew its stake in shares of W.W. Grainger by 136.4% during the second quarter. Asset Dedication LLC now owns 26 shares of the industrial products company’s stock worth $27,000 after buying an additional 15 shares during the last quarter. Tobam increased its holdings in shares of W.W. Grainger by 3,900.0% during the second quarter. Tobam now owns 40 shares of the industrial products company’s stock worth $42,000 after buying an additional 39 shares in the last quarter. Finally, State of Wyoming lifted its stake in shares of W.W. Grainger by 650.0% in the 2nd quarter. State of Wyoming now owns 45 shares of the industrial products company’s stock valued at $47,000 after acquiring an additional 39 shares during the last quarter. 80.70% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

GWW has been the topic of several recent research reports. Oppenheimer raised their price objective on W.W. Grainger from $1,250.00 to $1,300.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. Weiss Ratings upgraded W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. Sanford C. Bernstein initiated coverage on W.W. Grainger in a report on Wednesday, November 12th. They set a “market perform” rating and a $975.00 price target on the stock. Morgan Stanley upped their price objective on W.W. Grainger from $1,100.00 to $1,190.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 3rd. Finally, JPMorgan Chase & Co. raised their price objective on shares of W.W. Grainger from $1,100.00 to $1,165.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $1,071.38.

View Our Latest Analysis on GWW

Insider Activity at W.W. Grainger

In related news, VP Krantz Nancy L. Berardinelli sold 195 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $1,023.93, for a total transaction of $199,666.35. Following the completion of the sale, the vice president owned 3,174 shares of the company’s stock, valued at $3,249,953.82. This trade represents a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 6.10% of the stock is currently owned by insiders.

W.W. Grainger Trading Down 2.9%

GWW opened at $1,112.28 on Friday. W.W. Grainger, Inc. has a twelve month low of $893.99 and a twelve month high of $1,218.63. The company has a fifty day moving average of $1,093.92 and a 200-day moving average of $1,018.00. The stock has a market cap of $52.69 billion, a PE ratio of 31.43, a price-to-earnings-growth ratio of 2.35 and a beta of 1.10. The company has a quick ratio of 1.59, a current ratio of 2.83 and a debt-to-equity ratio of 0.57.

W.W. Grainger (NYSE:GWWGet Free Report) last released its earnings results on Tuesday, February 3rd. The industrial products company reported $9.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.46 by ($0.01). W.W. Grainger had a net margin of 9.51% and a return on equity of 47.46%. The firm had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.39 billion. During the same quarter in the previous year, the firm earned $9.71 EPS. W.W. Grainger’s quarterly revenue was up 4.5% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. On average, sell-side analysts predict that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Monday, February 9th were paid a $2.26 dividend. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, February 9th. W.W. Grainger’s payout ratio is currently 25.54%.

W.W. Grainger Profile

(Free Report)

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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Institutional Ownership by Quarter for W.W. Grainger (NYSE:GWW)

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