Robeco Institutional Asset Management B.V. Sells 12,233 Shares of W.W. Grainger, Inc. $GWW

Robeco Institutional Asset Management B.V. trimmed its position in W.W. Grainger, Inc. (NYSE:GWW) by 45.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,453 shares of the industrial products company’s stock after selling 12,233 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in W.W. Grainger were worth $13,773,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. CWA Asset Management Group LLC increased its position in W.W. Grainger by 4.5% during the third quarter. CWA Asset Management Group LLC now owns 277 shares of the industrial products company’s stock worth $264,000 after buying an additional 12 shares during the last quarter. Railway Pension Investments Ltd boosted its stake in shares of W.W. Grainger by 3.6% during the 3rd quarter. Railway Pension Investments Ltd now owns 63,088 shares of the industrial products company’s stock worth $60,120,000 after acquiring an additional 2,200 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of W.W. Grainger by 1.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 9,923 shares of the industrial products company’s stock worth $9,457,000 after acquiring an additional 148 shares during the last quarter. Gateway Investment Advisers LLC raised its stake in W.W. Grainger by 2.5% in the 3rd quarter. Gateway Investment Advisers LLC now owns 2,883 shares of the industrial products company’s stock valued at $2,747,000 after acquiring an additional 70 shares during the period. Finally, Townsend & Associates Inc lifted its holdings in W.W. Grainger by 3.6% during the 3rd quarter. Townsend & Associates Inc now owns 14,190 shares of the industrial products company’s stock valued at $13,551,000 after purchasing an additional 499 shares during the last quarter. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, VP Krantz Nancy L. Berardinelli sold 195 shares of the business’s stock in a transaction dated 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 completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Donald G. Macpherson sold 12,163 shares of the stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $972.57, for a total transaction of $11,829,368.91. Following the sale, the chief executive officer owned 103,885 shares in the company, valued at $101,035,434.45. The trade was a 10.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 26,881 shares of company stock valued at $26,157,155. Corporate insiders own 6.10% of the company’s stock.

W.W. Grainger Stock Performance

NYSE GWW opened at $1,033.69 on Friday. The firm has a 50-day moving average price of $980.63 and a two-hundred day moving average price of $990.81. W.W. Grainger, Inc. has a 12-month low of $893.99 and a 12-month high of $1,139.15. The company has a market capitalization of $49.15 billion, a P/E ratio of 28.99, a P/E/G ratio of 2.46 and a beta of 1.12. The company has a quick ratio of 1.59, a current ratio of 2.72 and a debt-to-equity ratio of 0.60.

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

W.W. Grainger Announces Dividend

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

Analyst Ratings Changes

Several research firms have commented on GWW. Weiss Ratings reiterated a “hold (c+)” rating on shares of W.W. Grainger in a report on Monday, December 29th. JPMorgan Chase & Co. lifted their target price 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. Sanford C. Bernstein assumed coverage on shares of W.W. Grainger in a report on Wednesday, November 12th. They issued a “market perform” rating and a $975.00 price target on the stock. Morgan Stanley reduced their price objective on W.W. Grainger from $1,150.00 to $1,100.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. Finally, Royal Bank Of Canada upped their target price on W.W. Grainger from $1,006.00 to $1,050.00 and gave the company a “sector perform” rating in a research report on Monday, November 3rd. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, W.W. Grainger currently has a consensus rating of “Reduce” and a consensus price target of $1,009.43.

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.