Victory Capital Management Inc. Sells 19,913 Shares of W.W. Grainger, Inc. $GWW

Victory Capital Management Inc. cut its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 25.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 58,211 shares of the industrial products company’s stock after selling 19,913 shares during the quarter. Victory Capital Management Inc. owned 0.12% of W.W. Grainger worth $55,473,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GWW. Accredited Investors Inc. purchased a new position in shares of W.W. Grainger in the 3rd quarter worth approximately $25,000. Loomis Sayles & Co. L P bought a new stake in W.W. Grainger in the second quarter worth about $27,000. Asset Dedication LLC boosted its position in shares of W.W. Grainger by 136.4% during the second quarter. Asset Dedication LLC now owns 26 shares of the industrial products company’s stock valued at $27,000 after buying an additional 15 shares during the period. Tobam grew its stake in shares of W.W. Grainger by 3,900.0% during the second quarter. Tobam now owns 40 shares of the industrial products company’s stock valued at $42,000 after buying an additional 39 shares during the last quarter. Finally, State of Wyoming raised its holdings in shares of W.W. Grainger by 650.0% in the second quarter. State of Wyoming now owns 45 shares of the industrial products company’s stock worth $47,000 after buying an additional 39 shares during the period. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on GWW shares. Weiss Ratings raised W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. JPMorgan Chase & Co. boosted their target price on shares of W.W. Grainger from $1,100.00 to $1,165.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. Oppenheimer raised their price target on shares of W.W. Grainger from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Barclays lifted their price objective on shares of W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a report on Friday, November 7th. Finally, Sanford C. Bernstein initiated coverage on shares of W.W. Grainger in a research report on Wednesday, November 12th. They issued a “market perform” rating and a $975.00 price objective for the company. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, W.W. Grainger currently has an average rating of “Hold” and an average target price of $1,071.38.

W.W. Grainger Trading Down 2.9%

Shares of NYSE GWW opened at $1,112.28 on Friday. W.W. Grainger, Inc. has a twelve month low of $893.99 and a twelve month high of $1,218.63. The firm has a market cap of $52.69 billion, a PE ratio of 31.43, a price-to-earnings-growth ratio of 2.42 and a beta of 1.10. The business has a fifty day simple moving average of $1,093.92 and a two-hundred day simple moving average of $1,017.83. 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 (NYSE:GWW) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $9.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.46 by ($0.01). The firm had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.39 billion. W.W. Grainger had a return on equity of 47.46% and a net margin of 9.51%.W.W. Grainger’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the company posted $9.71 EPS. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. Analysts expect that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Monday, February 9th were given a dividend of $2.26 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $9.04 dividend on an annualized basis and a yield of 0.8%. W.W. Grainger’s dividend payout ratio (DPR) is 25.54%.

Insider Activity at W.W. Grainger

In other news, VP Krantz Nancy L. Berardinelli sold 195 shares of the business’s stock in a transaction dated 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 completion of the sale, the vice president owned 3,174 shares in the company, valued at approximately $3,249,953.82. The trade was a 5.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 6.10% of the company’s stock.

W.W. Grainger Profile

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.