W.W. Grainger, Inc. $GWW Holdings Raised by Osaic Holdings Inc.

Osaic Holdings Inc. raised its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 8.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,107 shares of the industrial products company’s stock after buying an additional 875 shares during the period. Osaic Holdings Inc.’s holdings in W.W. Grainger were worth $11,581,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Grove Bank & Trust grew its stake in W.W. Grainger by 52.6% in the second quarter. Grove Bank & Trust now owns 29 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 10 shares in the last quarter. Ridgewood Investments LLC lifted its stake in W.W. Grainger by 50.0% in the second quarter. Ridgewood Investments LLC now owns 30 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 10 shares during the last quarter. Brighton Jones LLC increased its position in W.W. Grainger by 3.3% during the second quarter. Brighton Jones LLC now owns 313 shares of the industrial products company’s stock worth $326,000 after buying an additional 10 shares during the last quarter. Freedom Investment Management Inc. raised its holdings in W.W. Grainger by 5.4% during the second quarter. Freedom Investment Management Inc. now owns 215 shares of the industrial products company’s stock valued at $224,000 after buying an additional 11 shares in the last quarter. Finally, Burney Co. raised its holdings in W.W. Grainger by 0.6% during the second quarter. Burney Co. now owns 1,757 shares of the industrial products company’s stock valued at $1,828,000 after buying an additional 11 shares in the last quarter. 80.70% of the stock is owned by institutional investors and hedge funds.

W.W. Grainger Trading Up 0.5%

Shares of W.W. Grainger stock opened at $1,025.12 on Friday. The company’s fifty day simple moving average is $963.92 and its 200-day simple moving average is $995.46. The company has a market cap of $48.74 billion, a price-to-earnings ratio of 28.75, a PEG ratio of 2.77 and a beta of 1.11. The company has a current ratio of 2.72, a quick ratio of 1.59 and a debt-to-equity ratio of 0.60. W.W. Grainger, Inc. has a 1 year low of $893.99 and a 1 year high of $1,139.15.

W.W. Grainger (NYSE:GWW) last released its earnings results on Friday, October 31st. The industrial products company reported $10.21 EPS for the quarter, beating the consensus estimate of $9.95 by $0.26. The firm had revenue of $4.66 billion during the quarter, compared to analysts’ expectations of $4.64 billion. W.W. Grainger had a net margin of 9.75% and a return on equity of 49.40%. The business’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the company earned $9.87 EPS. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. As a group, sell-side analysts expect that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 10th were issued a dividend of $2.26 per share. This represents a $9.04 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Monday, November 10th. W.W. Grainger’s dividend payout ratio (DPR) is presently 25.35%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on GWW. Morgan Stanley decreased their price target on W.W. Grainger from $1,150.00 to $1,100.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 25th. Sanford C. Bernstein began coverage on W.W. Grainger in a report on Wednesday, November 12th. They set a “market perform” rating and a $975.00 price target on the stock. Barclays lifted their price target on shares of W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a research report on Friday, November 7th. JPMorgan Chase & Co. upped their price objective on shares of W.W. Grainger from $1,035.00 to $1,050.00 and gave the stock a “neutral” rating in a report on Wednesday, October 15th. Finally, Royal Bank Of Canada lifted their target price on shares of W.W. Grainger from $1,006.00 to $1,050.00 and gave the stock a “sector perform” rating in a report on Monday, November 3rd. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, W.W. Grainger presently has an average rating of “Reduce” and a consensus price target of $1,009.43.

Insider Buying and Selling

In related news, VP Krantz Nancy L. Berardinelli sold 195 shares of the business’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $1,023.93, for a total value of $199,666.35. Following the sale, the vice president owned 3,174 shares of the company’s stock, valued at $3,249,953.82. The trade was a 5.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Donald G. Macpherson sold 12,163 shares of the company’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $972.57, for a total value of $11,829,368.91. Following the completion of the sale, the chief executive officer owned 103,885 shares in the company, valued at $101,035,434.45. This trade represents a 10.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 26,881 shares of company stock worth $26,157,155 over the last ninety days. Company 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.