Running Oak Capital LLC Buys 57 Shares of W.W. Grainger, Inc. $GWW

Running Oak Capital LLC increased its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 0.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,880 shares of the industrial products company’s stock after acquiring an additional 57 shares during the period. W.W. Grainger comprises about 1.8% of Running Oak Capital LLC’s portfolio, making the stock its 29th largest position. Running Oak Capital LLC’s holdings in W.W. Grainger were worth $16,519,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its stake in shares of W.W. Grainger by 46.8% in the 4th quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock valued at $338,000 after purchasing an additional 102 shares during the period. Merit Financial Group LLC raised its position in W.W. Grainger by 124.3% in the 1st quarter. Merit Financial Group LLC now owns 848 shares of the industrial products company’s stock valued at $838,000 after buying an additional 470 shares during the last quarter. Gateway Investment Advisers LLC raised its position in W.W. Grainger by 16.8% in the 1st quarter. Gateway Investment Advisers LLC now owns 1,303 shares of the industrial products company’s stock valued at $1,287,000 after buying an additional 187 shares during the last quarter. Wedmont Private Capital lifted its stake in W.W. Grainger by 2.1% in the 1st quarter. Wedmont Private Capital now owns 717 shares of the industrial products company’s stock valued at $713,000 after acquiring an additional 15 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its position in W.W. Grainger by 15.9% during the 1st quarter. Park Avenue Securities LLC now owns 1,636 shares of the industrial products company’s stock worth $1,616,000 after acquiring an additional 224 shares during the last quarter. 80.70% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Royal Bank Of Canada cut their price objective on shares of W.W. Grainger from $1,176.00 to $1,007.00 and set a “sector perform” rating on the stock in a research report on Monday, August 4th. Weiss Ratings restated a “buy (b)” rating on shares of W.W. Grainger in a report on Saturday, September 27th. JPMorgan Chase & Co. dropped their target price on W.W. Grainger from $1,125.00 to $1,035.00 and set a “neutral” rating on the stock in a report on Thursday, September 4th. Morgan Stanley reduced their price target on W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating for the company in a research report on Friday, July 11th. Finally, Loop Capital lowered their price target on W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating on the stock in a research report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $1,069.13.

W.W. Grainger Trading Up 0.4%

Shares of NYSE:GWW opened at $957.17 on Monday. W.W. Grainger, Inc. has a 52-week low of $893.99 and a 52-week high of $1,227.66. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.64 and a current ratio of 2.82. The company has a market capitalization of $45.78 billion, a P/E ratio of 24.29, a price-to-earnings-growth ratio of 2.78 and a beta of 1.17. The company has a 50-day simple moving average of $987.72 and a 200 day simple moving average of $1,017.45.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings data on Friday, August 1st. The industrial products company reported $9.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.07 by ($0.10). W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. The business had revenue of $4.55 billion during the quarter, compared to the consensus estimate of $4.52 billion. During the same quarter in the prior year, the company earned $9.76 EPS. W.W. Grainger’s quarterly revenue was up 5.6% on a year-over-year basis. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. Sell-side analysts forecast that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 1st. Shareholders of record on Monday, August 11th were given a dividend of $2.26 per share. This represents a $9.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Monday, August 11th. W.W. Grainger’s payout ratio is 22.94%.

Insider Activity at W.W. Grainger

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of the company’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $992.86, for a total value of $496,430.00. Following the transaction, the senior vice president directly owned 1,771 shares in the company, valued at $1,758,355.06. The trade was a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 6.10% of the stock is currently owned by corporate insiders.

W.W. Grainger Company Profile

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.