7,634 Shares in W.W. Grainger, Inc. $GWW Purchased by Te Ahumairangi Investment Management Ltd

Te Ahumairangi Investment Management Ltd acquired a new stake in W.W. Grainger, Inc. (NYSE:GWW) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,634 shares of the industrial products company’s stock, valued at approximately $10,385,000. W.W. Grainger accounts for approximately 1.7% of Te Ahumairangi Investment Management Ltd’s investment portfolio, making the stock its 12th largest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC raised its position in W.W. Grainger by 46.8% during the fourth quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock worth $338,000 after acquiring an additional 102 shares during the period. Empowered Funds LLC lifted its stake in shares of W.W. Grainger by 18.0% in the first quarter. Empowered Funds LLC now owns 2,851 shares of the industrial products company’s stock worth $2,816,000 after buying an additional 435 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of W.W. Grainger by 169.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,826 shares of the industrial products company’s stock worth $3,980,000 after purchasing an additional 2,407 shares during the last quarter. Gamco Investors INC. ET AL purchased a new stake in W.W. Grainger in the 2nd quarter valued at $208,000. Finally, Sei Investments Co. grew its holdings in W.W. Grainger by 35.2% in the 2nd quarter. Sei Investments Co. now owns 41,388 shares of the industrial products company’s stock valued at $43,051,000 after buying an additional 10,784 shares in the last quarter. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

W.W. Grainger Price Performance

Shares of GWW opened at $1,312.12 on Monday. The company has a market cap of $61.80 billion, a P/E ratio of 33.46, a PEG ratio of 2.33 and a beta of 1.04. W.W. Grainger, Inc. has a fifty-two week low of $906.52 and a fifty-two week high of $1,419.91. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. The firm’s 50 day moving average price is $1,344.74 and its 200 day moving average price is $1,230.47.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating the consensus estimate of $11.30 by $0.71. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.96 billion. During the same quarter last year, the company posted $9.97 EPS. The firm’s revenue 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, research analysts forecast that W.W. Grainger, Inc. will post 46.1 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Wolfe Research upgraded W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Barclays lifted their price target on shares of W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a research report on Tuesday, August 11th. DA Davidson upped their price objective on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Royal Bank Of Canada lowered their price objective on shares of 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. Finally, Oppenheimer boosted their target price on 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. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently 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.