Sei Investments Co. Buys 445 Shares of W.W. Grainger, Inc. $GWW

Sei Investments Co. lifted its stake in shares of W.W. Grainger, Inc. (NYSE:GWWFree Report) by 0.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 55,182 shares of the industrial products company’s stock after purchasing an additional 445 shares during the period. Sei Investments Co. owned approximately 0.12% of W.W. Grainger worth $60,190,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of GWW. Wellington Management Group LLP lifted its holdings in W.W. Grainger by 1,462.1% during the 4th quarter. Wellington Management Group LLP now owns 1,071,854 shares of the industrial products company’s stock worth $1,081,554,000 after buying an additional 1,003,237 shares in the last quarter. Norges Bank acquired a new stake in shares of W.W. Grainger in the 4th quarter valued at $518,958,000. Northwestern Mutual Wealth Management Co. raised its position in shares of W.W. Grainger by 34,269.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 435,466 shares of the industrial products company’s stock worth $439,407,000 after acquiring an additional 434,199 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of W.W. Grainger by 61.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,027,286 shares of the industrial products company’s stock worth $1,036,584,000 after acquiring an additional 389,589 shares during the last quarter. Finally, Sustainable Growth Advisers LP acquired a new position in shares of W.W. Grainger during the third quarter valued at $239,597,000. 80.70% of the stock is owned by institutional investors.

Insider Transactions at W.W. Grainger

In related news, VP Laurie R. Thomson sold 313 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $1,231.69, for a total transaction of $385,518.97. Following the completion of the transaction, the vice president owned 399 shares in the company, valued at approximately $491,444.31. The trade was a 43.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Paige K. Robbins sold 1,457 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $1,232.29, for a total transaction of $1,795,446.53. Following the transaction, the vice president owned 2,232 shares of the company’s stock, valued at approximately $2,750,471.28. This represents a 39.50% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 2,624 shares of company stock worth $3,232,291. 6.30% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Morgan Stanley raised their price target on W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an “equal weight” rating in a report on Wednesday, May 27th. Royal Bank Of Canada boosted their price objective on W.W. Grainger from $1,337.00 to $1,460.00 and gave the stock a “sector perform” rating in a report on Thursday, July 16th. Weiss Ratings raised shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Stephens lowered shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 target price on the stock. in a research note on Tuesday, July 14th. Finally, Barclays lowered their price target on shares of W.W. Grainger from $1,171.00 to $1,166.00 and set an “underweight” rating for the company in a research report on Tuesday, June 23rd. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $1,230.11.

Get Our Latest Research Report on GWW

W.W. Grainger Stock Up 1.0%

NYSE:GWW opened at $1,381.46 on Friday. W.W. Grainger, Inc. has a 12-month low of $906.52 and a 12-month high of $1,419.91. The company has a quick ratio of 1.60, a current ratio of 2.69 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $65.22 billion, a P/E ratio of 37.16, a P/E/G ratio of 2.55 and a beta of 1.03. The stock’s fifty day simple moving average is $1,323.39 and its 200-day simple moving average is $1,191.00.

W.W. Grainger (NYSE:GWWGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The industrial products company reported $11.65 EPS for the quarter, topping analysts’ consensus estimates of $10.21 by $1.44. The business had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.58 billion. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $9.86 earnings per share. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. Equities research analysts expect that W.W. Grainger, Inc. will post 45.46 earnings per share for the current year.

W.W. Grainger Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 11th were given a dividend of $2.49 per share. This represents a $9.96 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, May 11th. This is an increase from W.W. Grainger’s previous quarterly dividend of $2.26. W.W. Grainger’s dividend payout ratio is presently 26.79%.

About W.W. Grainger

(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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