W.W. Grainger, Inc. $GWW Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC increased its position in shares of W.W. Grainger, Inc. (NYSE:GWW) by 147,683.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 300,000 shares of the industrial products company’s stock after acquiring an additional 299,797 shares during the quarter. W.W. Grainger makes up 2.8% of International Assets Investment Management LLC’s portfolio, making the stock its 2nd biggest holding. International Assets Investment Management LLC’s holdings in W.W. Grainger were worth $373,728,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GWW. BlackRock Inc. purchased a new position in W.W. Grainger during the second quarter worth about $6,303,024,000. Bank of America Corp DE boosted its holdings in W.W. Grainger by 4.5% in the 1st quarter. Bank of America Corp DE now owns 527,969 shares of the industrial products company’s stock valued at $575,914,000 after purchasing an additional 22,731 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of W.W. Grainger by 2.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 409,142 shares of the industrial products company’s stock valued at $446,210,000 after buying an additional 9,743 shares during the period. Amundi grew its stake in shares of W.W. Grainger by 24.1% in the 2nd quarter. Amundi now owns 363,308 shares of the industrial products company’s stock valued at $494,244,000 after buying an additional 70,451 shares during the period. Finally, Legal & General Group Plc purchased a new stake in shares of W.W. Grainger in the 2nd quarter valued at approximately $407,051,000. 80.70% of the stock is currently owned by institutional investors and hedge funds.

W.W. Grainger Stock Down 1.0%

Shares of NYSE:GWW opened at $1,357.84 on Friday. The company has a market capitalization of $63.95 billion, a price-to-earnings ratio of 34.62, a PEG ratio of 2.43 and a beta of 1.01. W.W. Grainger, Inc. has a 12-month low of $906.52 and a 12-month high of $1,419.91. The business has a 50-day moving average price of $1,300.71 and a 200 day moving average price of $1,235.62. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53.

W.W. Grainger (NYSE:GWW) last posted 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 company had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $4.96 billion. During the same quarter in the prior year, the company posted $9.97 earnings per share. W.W. Grainger’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. Sell-side analysts expect that W.W. Grainger, Inc. will post 46.31 EPS for the current year.

W.W. Grainger Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 9th will be given a dividend of $2.49 per share. The ex-dividend date is Monday, November 9th. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.7%. W.W. Grainger’s dividend payout ratio (DPR) is currently 25.40%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on GWW shares. Barclays cut their price target on shares of W.W. Grainger from $1,185.00 to $1,172.00 and set an “underweight” rating for the company in a report on Friday, September 25th. Stephens cut W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price objective on the stock. in a report on Tuesday, July 14th. Robert W. Baird upped their price objective on W.W. Grainger from $1,365.00 to $1,400.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Morgan Stanley increased their price objective on W.W. Grainger from $1,300.00 to $1,400.00 and gave the stock an “equal weight” rating in a research report on Monday, August 24th. Finally, Royal Bank Of Canada cut their target price on W.W. Grainger from $1,428.00 to $1,427.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 14th. Three equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, W.W. Grainger presently has a consensus rating of “Hold” and a consensus price target of $1,253.85.

W.W. Grainger Profile

W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) supplies for businesses, government agencies and other organizations. Its product offerings include safety equipment, tools, fasteners, electrical and plumbing supplies, material-handling equipment, cleaning and janitorial products, HVAC supplies, and facility-maintenance products.

The company also provides services designed to help customers manage procurement and workplace operations, including product selection support, inventory-management programs, digital purchasing tools, and technical assistance.