Commerce Bank Purchases New Position in W.W. Grainger, Inc. $GWW

Commerce Bank purchased a new stake in W.W. Grainger, Inc. (NYSE:GWW) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 6,347 shares of the industrial products company’s stock, valued at approximately $8,634,000.

Several other institutional investors have also modified their holdings of the stock. Miller Capital Partners Inc. acquired a new position in shares of W.W. Grainger in the 4th quarter valued at $26,000. MV Capital Management Inc. acquired a new stake in W.W. Grainger during the 4th quarter worth $28,000. Elyxium Wealth LLC purchased a new stake in W.W. Grainger in the fourth quarter valued at $30,000. Elevation Wealth Partners LLC lifted its position 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 last quarter. Finally, Caitlin John LLC acquired a new position in W.W. Grainger in the fourth quarter valued at $35,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Wall Street Analysts Forecast Growth

GWW has been the topic of several research reports. Weiss Ratings raised W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Barclays boosted their target price on W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a report on Tuesday, August 11th. Wall Street Zen raised W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. DA Davidson raised their price target on W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Finally, Morgan Stanley lifted their price target on W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 27th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, W.W. Grainger currently has an average rating of “Hold” and a consensus price target of $1,274.12.

W.W. Grainger Trading Down 0.0%

Shares of W.W. Grainger stock opened at $1,312.12 on Monday. 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 market capitalization 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 1 year low of $906.52 and a 1 year high of $1,419.91. The company’s fifty day moving average is $1,344.74 and its two-hundred day moving average is $1,230.47.

W.W. Grainger (NYSE:GWW) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.96 billion. During the same period in the prior year, the company earned $9.97 earnings per share. The business’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. Analysts forecast that W.W. Grainger, Inc. will post 46.1 earnings per share for the current year.

W.W. Grainger Announces Dividend

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

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.