USA Financial Formulas Has $355,000 Stock Position in W.W. Grainger, Inc. $GWW

USA Financial Formulas boosted its stake in W.W. Grainger, Inc. (NYSE:GWW) by 103.0% during the second quarter, Holdings Channel reports. The institutional investor owned 341 shares of the industrial products company’s stock after buying an additional 173 shares during the period. USA Financial Formulas’ holdings in W.W. Grainger were worth $355,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Nuveen LLC acquired a new position in shares of W.W. Grainger during the 1st quarter worth approximately $285,574,000. JPMorgan Chase & Co. increased its holdings in shares of W.W. Grainger by 10.1% during the first quarter. JPMorgan Chase & Co. now owns 822,411 shares of the industrial products company’s stock worth $812,403,000 after purchasing an additional 75,644 shares during the period. Kodai Capital Management LP bought a new position in shares of W.W. Grainger during the first quarter worth approximately $67,601,000. Interval Partners LP increased its holdings in shares of W.W. Grainger by 1,429.9% during the first quarter. Interval Partners LP now owns 67,957 shares of the industrial products company’s stock worth $67,130,000 after purchasing an additional 63,515 shares during the period. Finally, Vanguard Group Inc. increased its holdings in shares of W.W. Grainger by 1.1% during the first quarter. Vanguard Group Inc. now owns 5,388,378 shares of the industrial products company’s stock worth $5,322,801,000 after purchasing an additional 57,690 shares during the period. Institutional investors and hedge funds own 80.70% of the company’s stock.

Insiders Place Their Bets

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of the firm’s stock in a transaction that occurred 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 sale, the senior vice president owned 1,771 shares in the company, valued at $1,758,355.06. This trade represents a 22.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 6.10% of the stock is owned by corporate insiders.

W.W. Grainger Stock Performance

Shares of NYSE:GWW opened at $945.24 on Thursday. The company’s 50 day simple moving average is $991.61 and its 200 day simple moving average is $1,017.19. The stock has a market capitalization of $45.21 billion, a price-to-earnings ratio of 23.98, a price-to-earnings-growth ratio of 2.77 and a beta of 1.17. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.82 and a quick ratio of 1.64. W.W. Grainger, Inc. has a 1 year low of $893.99 and a 1 year high of $1,227.66.

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

W.W. Grainger Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 1st. Shareholders of record on Monday, August 11th were given a $2.26 dividend. The ex-dividend date was Monday, August 11th. This represents a $9.04 dividend on an annualized basis and a yield of 1.0%. W.W. Grainger’s dividend payout ratio (DPR) is currently 22.94%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on GWW shares. Morgan Stanley lowered their target price on shares of W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating on the stock in a report on Friday, July 11th. Royal Bank Of Canada lowered their target price 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 report on Monday, August 4th. Loop Capital lowered their target price on shares of W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating on the stock in a report on Monday, August 4th. Finally, JPMorgan Chase & Co. lowered their target price on shares of 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. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $1,069.13.

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.