Mitsubishi UFJ Asset Management Co. Ltd. Invests $154.26 Million in W.W. Grainger, Inc. $GWW

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in W.W. Grainger, Inc. (NYSE:GWW) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 113,448 shares of the industrial products company’s stock, valued at approximately $154,257,000.

Other hedge funds also recently bought and sold shares of the company. Elevation Wealth Partners LLC lifted its holdings in W.W. Grainger by 420.0% in the second quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 21 shares during the period. Miller Capital Partners Inc. bought a new stake in shares of W.W. Grainger during the 4th quarter valued at about $26,000. MV Capital Management Inc. purchased a new stake in shares of W.W. Grainger during the 4th quarter valued at about $28,000. Elyxium Wealth LLC purchased a new stake in shares of W.W. Grainger during the 4th quarter valued at about $30,000. Finally, Caitlin John LLC bought a new position in shares of W.W. Grainger in the 4th quarter worth approximately $35,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.

W.W. Grainger Price Performance

Shares of NYSE:GWW opened at $1,319.00 on Tuesday. The company has a market capitalization of $62.12 billion, a P/E ratio of 33.63, a P/E/G ratio of 2.35 and a beta of 1.04. W.W. Grainger, Inc. has a 1-year low of $906.52 and a 1-year high of $1,419.91. The firm’s 50 day simple moving average is $1,345.69 and its two-hundred day simple moving average is $1,224.11. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.30 by $0.71. The firm had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.96 billion. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the prior year, the company posted $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Research analysts expect that W.W. Grainger, Inc. will post 46.14 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th will be paid a $2.49 dividend. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Monday, August 10th. W.W. Grainger’s dividend payout ratio is presently 25.40%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Morgan Stanley raised their price objective on shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 27th. Sanford C. Bernstein increased their price target 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. Royal Bank Of Canada dropped their price target on shares of W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 5th. Oppenheimer boosted their price objective on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Finally, Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $1,274.12.

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.