Te Ahumairangi Investment Management Ltd Buys 930 Shares of W.W. Grainger, Inc. $GWW

Te Ahumairangi Investment Management Ltd grew its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 9.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 10,949 shares of the industrial products company’s stock after buying an additional 930 shares during the period. W.W. Grainger accounts for 1.8% of Te Ahumairangi Investment Management Ltd’s portfolio, making the stock its 13th largest position. Te Ahumairangi Investment Management Ltd’s holdings in W.W. Grainger were worth $10,434,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Entropy Technologies LP bought a new position in W.W. Grainger in the third quarter valued at $2,208,000. Rehmann Capital Advisory Group lifted its stake in W.W. Grainger by 6.9% during the third quarter. Rehmann Capital Advisory Group now owns 354 shares of the industrial products company’s stock worth $338,000 after purchasing an additional 23 shares during the last quarter. Certuity LLC boosted its holdings in shares of W.W. Grainger by 45.4% in the 3rd quarter. Certuity LLC now owns 618 shares of the industrial products company’s stock worth $589,000 after purchasing an additional 193 shares in the last quarter. Johnson Financial Group Inc. boosted its holdings in shares of W.W. Grainger by 149.0% in the 3rd quarter. Johnson Financial Group Inc. now owns 249 shares of the industrial products company’s stock worth $237,000 after purchasing an additional 149 shares in the last quarter. Finally, HITE Hedge Asset Management LLC bought a new position in shares of W.W. Grainger during the 3rd quarter valued at about $4,641,000. 80.70% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on GWW. JPMorgan Chase & Co. raised their price objective on 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. Morgan Stanley upped their target price on W.W. Grainger from $1,100.00 to $1,190.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 3rd. Weiss Ratings upgraded shares of W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. Finally, Oppenheimer boosted their price objective on shares of W.W. Grainger from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $1,071.38.

W.W. Grainger Trading Down 0.3%

Shares of GWW traded down $2.95 during trading hours on Friday, hitting $1,079.23. The company had a trading volume of 35,926 shares, compared to its average volume of 281,226. The firm has a market cap of $51.08 billion, a P/E ratio of 30.60, a P/E/G ratio of 2.34 and a beta of 1.10. The stock’s 50 day moving average price is $1,100.89 and its 200 day moving average price is $1,020.67. 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, Inc. has a 52-week low of $893.99 and a 52-week high of $1,218.63.

W.W. Grainger (NYSE:GWW) last issued its earnings results on Tuesday, February 3rd. The industrial products company reported $9.45 earnings per share 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 company had revenue of $4.43 billion for the quarter, compared to analysts’ expectations of $4.39 billion. During the same quarter in the prior year, the company earned $9.71 earnings per share. The company’s revenue was up 4.5% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. On average, research analysts predict that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Monday, February 9th were paid a dividend of $2.26 per share. 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 dividend payout ratio is 25.54%.

Insider Buying and Selling at W.W. Grainger

In other news, VP Krantz Nancy L. Berardinelli sold 195 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $1,023.93, for a total value of $199,666.35. Following the transaction, the vice president owned 3,174 shares in the company, valued at approximately $3,249,953.82. This trade represents a 5.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 6.10% of the company’s stock.

About W.W. Grainger

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.