Principle Wealth Partners LLC Takes $3.46 Million Position in W.W. Grainger, Inc. $GWW

Principle Wealth Partners LLC acquired a new position in W.W. Grainger, Inc. (NYSE:GWW) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 2,541 shares of the industrial products company’s stock, valued at approximately $3,457,000.

Several other large investors have also modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in W.W. Grainger in the 2nd quarter worth $154,257,000. OneDigital Investment Advisors LLC bought a new stake in W.W. Grainger during the second quarter valued at about $479,000. Plato Investment Management Ltd bought a new stake in W.W. Grainger during the second quarter valued at about $1,465,000. Bell Investment Advisors Inc acquired a new stake in shares of W.W. Grainger in the second quarter valued at about $248,000. Finally, Simplicity Wealth LLC bought a new position in shares of W.W. Grainger in the second quarter worth about $891,000. 80.70% of the stock is owned by institutional investors.

W.W. Grainger Stock Down 0.3%

Shares of GWW opened at $1,319.00 on Tuesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81. The company has a 50-day simple moving average of $1,345.69 and a 200-day simple moving average of $1,224.11. W.W. Grainger, Inc. has a 52 week low of $906.52 and a 52 week high of $1,419.91. The firm 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 (NYSE:GWW) last released its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, topping analysts’ consensus estimates of $11.30 by $0.71. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The business had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.96 billion. During the same period last year, the business earned $9.97 earnings per share. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, equities research analysts expect that W.W. Grainger, Inc. will post 46.14 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be issued a dividend of $2.49 per share. This represents a $9.96 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, August 10th. W.W. Grainger’s dividend payout ratio (DPR) is presently 25.40%.

Analyst Ratings Changes

Several research firms recently weighed in on GWW. Sanford C. Bernstein boosted their price objective on 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. Morgan Stanley raised their target price on W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an “equal weight” rating in a report on Wednesday, May 27th. Wolfe Research raised W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Finally, Royal Bank Of Canada reduced their price objective on W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 5th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $1,274.12.

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.