Birmingham Capital Management Co. Inc. AL Acquires New Holdings in W.W. Grainger, Inc. $GWW

Birmingham Capital Management Co. Inc. AL acquired a new position in W.W. Grainger, Inc. (NYSE:GWW) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 980 shares of the industrial products company’s stock, valued at approximately $1,333,000.

A number of other hedge funds also recently bought and sold shares of GWW. Miller Capital Partners Inc. bought a new position in shares of W.W. Grainger in the 4th quarter worth $26,000. MV Capital Management Inc. bought a new stake in W.W. Grainger during the fourth quarter valued at about $28,000. Elyxium Wealth LLC bought a new stake in W.W. Grainger during the fourth quarter valued at about $30,000. Elevation Wealth Partners LLC grew its stake 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 purchasing an additional 21 shares during the last quarter. Finally, Caitlin John LLC purchased a new position in W.W. Grainger in the fourth quarter valued at about $35,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.

W.W. Grainger Trading Up 2.8%

W.W. Grainger stock opened at $1,337.59 on Thursday. The stock has a 50-day moving average of $1,345.00 and a two-hundred day moving average of $1,233.47. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81. W.W. Grainger, Inc. has a one year low of $906.52 and a one year high of $1,419.91. The stock has a market cap of $63.00 billion, a PE ratio of 34.10, a price-to-earnings-growth ratio of 2.32 and a beta of 1.04.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $4.96 billion. During the same quarter last year, the company earned $9.97 earnings per share. The company’s quarterly revenue was up 10.3% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, research analysts anticipate that W.W. Grainger, Inc. will post 46.1 EPS 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 $2.49 dividend. The ex-dividend date is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a yield of 0.7%. W.W. Grainger’s dividend payout ratio (DPR) is 25.40%.

Wall Street Analysts Forecast Growth

Several research firms have commented on GWW. Barclays increased 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. Oppenheimer lifted their price objective on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Stephens lowered shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price objective for the company. in a research note on Tuesday, July 14th. Wall Street Zen raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Finally, Wolfe Research upgraded shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. 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. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $1,286.62.

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.