Two Sigma Securities LLC Sells 1,314 Shares of W.W. Grainger, Inc. $GWW

Two Sigma Securities LLC trimmed its stake in W.W. Grainger, Inc. (NYSE:GWWFree Report) by 82.4% during the 2nd quarter, Holdings Channel reports. The firm owned 281 shares of the industrial products company’s stock after selling 1,314 shares during the quarter. Two Sigma Securities LLC’s holdings in W.W. Grainger were worth $382,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. BlackRock Inc. bought a new stake in W.W. Grainger during the second quarter valued at approximately $6,303,024,000. Wellington Management Group LLP increased its holdings in shares of W.W. Grainger by 1,462.1% in 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 during the last quarter. Norges Bank purchased a new stake in shares of W.W. Grainger during the 4th quarter valued at $518,958,000. Bank of America Corp DE bought a new stake in shares of W.W. Grainger during the 2nd quarter worth $621,127,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of W.W. Grainger by 34,269.9% during the 4th 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. 80.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Oppenheimer increased their target price on W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Wolfe Research upgraded W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Barclays boosted their target price on W.W. Grainger from $1,166.00 to $1,185.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 11th. Finally, Morgan Stanley upped their target price on W.W. Grainger from $1,300.00 to $1,400.00 and gave the stock an “equal weight” rating in a research note on Monday, August 24th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, W.W. Grainger presently has a consensus rating of “Hold” and a consensus target price of $1,286.62.

Read Our Latest Stock Report on W.W. Grainger

W.W. Grainger Stock Performance

NYSE GWW opened at $1,284.82 on Thursday. The company has a 50-day simple moving average of $1,340.80 and a two-hundred day simple moving average of $1,237.93. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. W.W. Grainger, Inc. has a 12-month low of $906.52 and a 12-month high of $1,419.91. The firm has a market cap of $60.52 billion, a price-to-earnings ratio of 32.76, a PEG ratio of 2.33 and a beta of 1.03.

W.W. Grainger (NYSE:GWWGet Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, topping the consensus estimate of $11.30 by $0.71. The firm had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The company’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, equities analysts forecast that W.W. Grainger, Inc. will post 46.17 EPS for the current year.

W.W. Grainger Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th were paid a $2.49 dividend. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, August 10th. W.W. Grainger’s payout ratio is 25.40%.

W.W. Grainger Company 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.

Further Reading

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

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