W.W. Grainger, Inc. $GWW Shares Acquired by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd lifted its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 18.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,355 shares of the industrial products company’s stock after purchasing an additional 671 shares during the period. UniSuper Management Pty Ltd’s holdings in W.W. Grainger were worth $4,150,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC grew its position in shares of W.W. Grainger by 46.8% in the 4th quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock worth $338,000 after acquiring an additional 102 shares in the last quarter. Empowered Funds LLC increased its stake in W.W. Grainger by 18.0% during the first quarter. Empowered Funds LLC now owns 2,851 shares of the industrial products company’s stock valued at $2,816,000 after purchasing an additional 435 shares during the last quarter. Dakota Wealth Management lifted its position in shares of W.W. Grainger by 23.5% in the 2nd quarter. Dakota Wealth Management now owns 357 shares of the industrial products company’s stock worth $371,000 after buying an additional 68 shares during the last quarter. Kathmere Capital Management LLC boosted its holdings in shares of W.W. Grainger by 30.9% in the 2nd quarter. Kathmere Capital Management LLC now owns 750 shares of the industrial products company’s stock valued at $780,000 after buying an additional 177 shares during the period. Finally, Patton Fund Management Inc. acquired a new stake in W.W. Grainger during the second quarter worth about $225,000. 80.70% of the stock is owned by institutional investors.

Insider Activity at W.W. Grainger

In other W.W. Grainger news, CEO Donald G. Macpherson sold 14,523 shares of the company’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $972.81, for a total value of $14,128,119.63. Following the completion of the sale, the chief executive officer directly owned 107,862 shares in the company, valued at $104,929,232.22. This represents a 11.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Krantz Nancy L. Berardinelli sold 195 shares of the stock in a transaction on 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 transaction, the vice president directly owned 3,174 shares of the company’s stock, valued at approximately $3,249,953.82. The trade was a 5.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 26,881 shares of company stock valued at $26,157,155 over the last quarter. Insiders own 6.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on GWW shares. JPMorgan Chase & Co. lifted their target price on W.W. Grainger from $1,045.00 to $1,100.00 and gave the company a “neutral” rating in a research note on Friday, January 16th. Sanford C. Bernstein assumed coverage on W.W. Grainger in a research report on Wednesday, November 12th. They set a “market perform” rating and a $975.00 price objective for the company. Barclays increased their target price on W.W. Grainger from $963.00 to $975.00 and gave the stock an “underweight” rating in a research report on Friday, November 7th. Royal Bank Of Canada raised 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 note on Monday, November 3rd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of W.W. Grainger in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $1,016.57.

W.W. Grainger Trading Down 1.0%

Shares of GWW stock opened at $1,056.47 on Monday. W.W. Grainger, Inc. has a 1 year low of $893.99 and a 1 year high of $1,139.15. The firm has a market capitalization of $50.24 billion, a PE ratio of 29.63, a price-to-earnings-growth ratio of 2.60 and a beta of 1.12. The stock has a fifty day moving average of $1,002.66 and a two-hundred day moving average of $991.23. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.59 and a current ratio of 2.72.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings data on Friday, October 31st. The industrial products company reported $10.21 earnings per share for the quarter, beating analysts’ consensus estimates of $9.95 by $0.26. The business had revenue of $4.66 billion for 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 company’s revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the business earned $9.87 earnings per share. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. As a group, research analysts expect that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 10th were paid a $2.26 dividend. This represents a $9.04 dividend on an annualized basis 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 is currently 25.35%.

W.W. Grainger Company 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.