Pallas Capital Advisors LLC Sells 805 Shares of W.W. Grainger, Inc. $GWW

Pallas Capital Advisors LLC decreased its position in W.W. Grainger, Inc. (NYSE:GWW) by 14.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,637 shares of the industrial products company’s stock after selling 805 shares during the quarter. Pallas Capital Advisors LLC’s holdings in W.W. Grainger were worth $4,679,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in GWW. Loomis Sayles & Co. L P bought a new stake in shares of W.W. Grainger during the 2nd quarter valued at $27,000. Asset Dedication LLC grew its position in shares of W.W. Grainger by 136.4% in the 2nd 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 period. Accredited Investors Inc. bought a new position in shares of W.W. Grainger in the 3rd quarter worth about $25,000. Ameriflex Group Inc. lifted its position in W.W. Grainger by 211.1% during the 3rd quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 19 shares during the period. Finally, Harbor Investment Advisory LLC lifted its position in W.W. Grainger by 314.3% during the 4th quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 22 shares during the period. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Insider Activity at W.W. Grainger

In other news, CFO Deidra C. Merriwether sold 2,339 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $1,064.73, for a total transaction of $2,490,403.47. Following the completion of the transaction, the chief financial officer directly owned 10,235 shares of the company’s stock, valued at $10,897,511.55. The trade was a 18.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 6.30% of the stock is owned by corporate insiders.

W.W. Grainger Stock Down 0.7%

GWW stock opened at $1,057.89 on Friday. The stock has a market capitalization of $50.07 billion, a P/E ratio of 29.89, a P/E/G ratio of 2.25 and a beta of 1.10. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.83 and a quick ratio of 1.59. W.W. Grainger, Inc. has a 1-year low of $893.99 and a 1-year high of $1,218.63. The business has a fifty day moving average price of $1,106.36 and a 200-day moving average price of $1,024.23.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $9.45 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 business had revenue of $4.43 billion for the quarter, compared to analysts’ expectations of $4.39 billion. During the same period last year, the business earned $9.71 earnings per share. The company’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. Equities analysts forecast that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Monday, February 9th were paid a $2.26 dividend. The ex-dividend date was Monday, February 9th. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.9%. W.W. Grainger’s payout ratio is currently 25.54%.

Analysts Set New Price Targets

GWW has been the topic of a number of recent research reports. Morgan Stanley upped their price objective on shares of W.W. Grainger from $1,100.00 to $1,190.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 3rd. Oppenheimer lifted their target price on shares of 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. JPMorgan Chase & Co. boosted their price target on W.W. Grainger from $1,100.00 to $1,165.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Barclays upped their price target on W.W. Grainger from $1,044.00 to $1,047.00 and gave the stock an “underweight” rating in a research note on Monday, March 16th. Finally, Weiss Ratings raised W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $1,080.38.

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.