What is KeyCorp’s Estimate for W.W. Grainger Q2 Earnings?

W.W. Grainger, Inc. (NYSE:GWW) – KeyCorp raised their Q2 2026 EPS estimates for W.W. Grainger in a report issued on Thursday, May 7th. KeyCorp analyst K. Newman now anticipates that the industrial products company will post earnings per share of $11.15 for the quarter, up from their prior forecast of $10.87. The consensus estimate for W.W. Grainger’s current full-year earnings is $45.24 per share. KeyCorp also issued estimates for W.W. Grainger’s Q3 2026 earnings at $11.81 EPS, Q4 2026 earnings at $10.94 EPS, Q2 2027 earnings at $12.94 EPS, Q3 2027 earnings at $13.79 EPS, Q4 2027 earnings at $12.15 EPS and FY2027 earnings at $51.59 EPS.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings data on Thursday, May 7th. The industrial products company reported $11.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.21 by $1.44. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The company had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.58 billion. During the same quarter in the prior year, the business earned $9.86 earnings per share. The business’s quarterly revenue was up 10.1% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS.

GWW has been the subject of several other research reports. Stephens increased their price objective on shares of W.W. Grainger from $1,300.00 to $1,355.00 and gave the stock an “overweight” rating in a research report on Monday. Barclays increased their price objective on shares of W.W. Grainger from $1,047.00 to $1,171.00 and gave the stock an “underweight” rating in a research report on Tuesday. Weiss Ratings raised shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Sanford C. Bernstein increased their price objective on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a “market perform” rating in a research report on Tuesday, April 21st. Finally, Oppenheimer increased 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 research report on Wednesday, February 4th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, W.W. Grainger currently has a consensus rating of “Hold” and a consensus target price of $1,199.13.

W.W. Grainger Price Performance

W.W. Grainger stock opened at $1,252.57 on Thursday. W.W. Grainger has a 52-week low of $906.52 and a 52-week high of $1,286.56. The firm has a fifty day moving average of $1,130.43 and a 200-day moving average of $1,065.91. The firm has a market capitalization of $59.14 billion, a P/E ratio of 33.69, a PEG ratio of 2.30 and a beta of 1.04. The company has a quick ratio of 1.60, a current ratio of 2.69 and a debt-to-equity ratio of 0.55.

Institutional Investors Weigh In On W.W. Grainger

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in W.W. Grainger by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 5,731,880 shares of the industrial products company’s stock valued at $5,462,252,000 after purchasing an additional 104,607 shares in the last quarter. State Street Corp grew its holdings in W.W. Grainger by 1.2% during the 4th quarter. State Street Corp now owns 2,019,452 shares of the industrial products company’s stock valued at $2,037,728,000 after purchasing an additional 23,399 shares in the last quarter. Geode Capital Management LLC grew its holdings in W.W. Grainger by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 1,217,834 shares of the industrial products company’s stock worth $1,230,214,000 after acquiring an additional 10,533 shares in the last quarter. Wellington Management Group LLP grew its holdings in W.W. Grainger by 1,462.1% during 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 acquiring an additional 1,003,237 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in W.W. Grainger by 61.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,027,286 shares of the industrial products company’s stock worth $1,036,584,000 after acquiring an additional 389,589 shares in the last quarter. 80.70% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Deidra C. Merriwether sold 1,488 shares of the firm’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $1,114.28, for a total transaction of $1,658,048.64. Following the completion of the sale, the chief financial officer directly owned 10,541 shares of the company’s stock, valued at approximately $11,745,625.48. This trade represents a 12.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 6.30% of the company’s stock.

W.W. Grainger Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be issued a dividend of $2.49 per share. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Monday, May 11th. This is a positive change from W.W. Grainger’s previous quarterly dividend of $2.26. W.W. Grainger’s dividend payout ratio (DPR) is 26.79%.

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.