Wealthfront Advisers LLC Has $9.01 Million Stock Position in W.W. Grainger, Inc. $GWW

Wealthfront Advisers LLC decreased its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 6.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,932 shares of the industrial products company’s stock after selling 619 shares during the period. Wealthfront Advisers LLC’s holdings in W.W. Grainger were worth $9,013,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Accredited Investors Inc. acquired a new position in W.W. Grainger during the 3rd quarter worth about $25,000. Ameriflex Group Inc. lifted its position in W.W. Grainger by 211.1% during the 3rd quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock worth $27,000 after buying an additional 19 shares in the last quarter. Harbor Investment Advisory LLC lifted its position in W.W. Grainger by 314.3% during the 4th quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock worth $29,000 after buying an additional 22 shares in the last quarter. State of Wyoming lifted 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 worth $47,000 after buying an additional 39 shares in the last quarter. Finally, Trifecta Capital Advisors LLC lifted its position in W.W. Grainger by 25.5% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 64 shares of the industrial products company’s stock worth $61,000 after buying an additional 13 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Stock Performance

W.W. Grainger stock opened at $1,145.89 on Thursday. The company has a current ratio of 2.83, a quick ratio of 1.59 and a debt-to-equity ratio of 0.57. W.W. Grainger, Inc. has a 1 year low of $906.52 and a 1 year high of $1,218.63. The company has a market cap of $54.24 billion, a PE ratio of 32.38, a PEG ratio of 2.44 and a beta of 1.09. The company’s 50-day moving average is $1,117.71 and its two-hundred day moving average is $1,051.38.

W.W. Grainger (NYSE:GWW) last released its earnings results on Tuesday, February 3rd. The industrial products company reported $9.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $4.39 billion. During the same quarter in the previous year, the company posted $9.71 earnings per share. The business’s revenue for the quarter 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. Equities analysts anticipate that W.W. Grainger, Inc. will post 43.61 earnings per share for the current year.

W.W. Grainger Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 11th will be given a dividend of $2.49 per share. This represents a $9.96 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Monday, May 11th. This is a boost from W.W. Grainger’s previous quarterly dividend of $2.26. W.W. Grainger’s dividend payout ratio is currently 25.54%.

Analysts Set New Price Targets

Several brokerages recently issued reports on GWW. Barclays upped their price target on shares of W.W. Grainger from $1,044.00 to $1,047.00 and gave the stock an “underweight” rating in a research report on Monday, March 16th. 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. JPMorgan Chase & Co. upped their target price on shares of W.W. Grainger from $1,100.00 to $1,165.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Morgan Stanley upped their target price on shares of W.W. Grainger from $1,100.00 to $1,190.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 3rd. Finally, Oppenheimer upped their target price on shares of W.W. Grainger from $1,250.00 to $1,300.00 and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $1,118.14.

Insider Transactions at W.W. Grainger

In other W.W. Grainger news, CFO Deidra C. Merriwether sold 2,339 shares of the company’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $1,064.73, for a total transaction of $2,490,403.47. Following the transaction, the chief financial officer directly owned 10,235 shares in the company, valued at approximately $10,897,511.55. This represents a 18.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 6.30% of the company’s stock.

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.