W.W. Grainger, Inc. $GWW Shares Acquired by Guardian Capital LP

Guardian Capital LP lifted its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW) by 4.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,897 shares of the industrial products company’s stock after buying an additional 574 shares during the period. Guardian Capital LP’s holdings in W.W. Grainger were worth $12,290,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Accredited Investors Inc. acquired a new position in W.W. Grainger in the third quarter valued at approximately $25,000. Loomis Sayles & Co. L P acquired a new stake in shares of W.W. Grainger during the 2nd quarter worth approximately $27,000. Asset Dedication LLC lifted its holdings in shares of W.W. Grainger by 136.4% in the 2nd quarter. Asset Dedication LLC now owns 26 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 15 shares during the last quarter. Tobam lifted its holdings in shares of W.W. Grainger by 3,900.0% in the 2nd quarter. Tobam now owns 40 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 39 shares during the last quarter. Finally, State of Wyoming boosted its position in W.W. Grainger by 650.0% during the 2nd quarter. State of Wyoming now owns 45 shares of the industrial products company’s stock valued at $47,000 after purchasing an additional 39 shares during the period. Institutional investors and hedge funds own 80.70% of the company’s stock.

Insiders Place Their Bets

In related news, VP Krantz Nancy L. Berardinelli sold 195 shares of the company’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 of the company’s stock, valued at $3,249,953.82. This represents a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 6.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on GWW. Sanford C. Bernstein initiated coverage on W.W. Grainger in a research note on Wednesday, November 12th. They set a “market perform” rating and a $975.00 price objective for the company. JPMorgan Chase & Co. raised their target price on 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. Barclays boosted their price target 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. Weiss Ratings upgraded shares of W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. 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 report on Wednesday, February 4th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $1,071.38.

W.W. Grainger Stock Performance

Shares of GWW stock opened at $1,112.28 on Friday. W.W. Grainger, Inc. has a 12-month low of $893.99 and a 12-month high of $1,218.63. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.83 and a quick ratio of 1.59. The firm has a market capitalization of $52.69 billion, a price-to-earnings ratio of 31.43, a price-to-earnings-growth ratio of 2.42 and a beta of 1.10. The business has a 50 day simple moving average of $1,093.92 and a 200 day simple moving average of $1,017.83.

W.W. Grainger (NYSE:GWW) last announced its earnings results on Tuesday, February 3rd. The industrial products company reported $9.45 earnings per share for the quarter, missing the consensus estimate of $9.46 by ($0.01). W.W. Grainger had a net margin of 9.51% and a return on equity of 47.46%. The business had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.39 billion. During the same period in the previous year, the firm earned $9.71 EPS. The firm’s revenue was up 4.5% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. On average, equities research analysts anticipate that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

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

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.