W.W. Grainger (NYSE:GWW) Price Target Raised to $1,047.00

W.W. Grainger (NYSE:GWW) had its price target increased by Barclays from $1,044.00 to $1,047.00 in a report issued on Monday morning,Benzinga reports. The brokerage currently has an underweight rating on the industrial products company’s stock.

Several other equities research analysts have also recently weighed in on the stock. Weiss Ratings upgraded shares of W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. JPMorgan Chase & Co. upped their price target on shares of W.W. Grainger from $1,100.00 to $1,165.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Morgan Stanley increased their price target on W.W. Grainger from $1,100.00 to $1,190.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 3rd. Finally, Oppenheimer lifted their price objective on W.W. Grainger from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $1,080.38.

W.W. Grainger Price Performance

W.W. Grainger stock opened at $1,046.06 on Monday. The stock’s 50 day moving average is $1,104.76 and its 200 day moving average is $1,022.06. W.W. Grainger has a one year low of $893.99 and a one year high of $1,218.63. The firm has a market cap of $49.51 billion, a P/E ratio of 29.56, a P/E/G ratio of 2.25 and a beta of 1.10. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.83 and a quick ratio of 1.59.

W.W. Grainger (NYSE:GWW) last released its earnings results on Tuesday, February 3rd. The industrial products company reported $9.45 earnings per share for the quarter, missing analysts’ consensus estimates of $9.46 by ($0.01). The firm had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.39 billion. W.W. Grainger had a net margin of 9.51% and a return on equity of 47.46%. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the prior year, the company posted $9.71 EPS. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. As a group, research analysts expect that W.W. Grainger will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Monday, February 9th were issued a $2.26 dividend. This represents a $9.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Monday, February 9th. W.W. Grainger’s dividend payout ratio (DPR) is presently 25.54%.

Hedge Funds Weigh In On W.W. Grainger

Several institutional investors have recently made changes to their positions in GWW. Brighton Jones LLC raised its stake in W.W. Grainger by 46.8% during the 4th quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock worth $338,000 after buying an additional 102 shares during the period. Empowered Funds LLC raised its position in shares of W.W. Grainger by 18.0% during the first quarter. Empowered Funds LLC now owns 2,851 shares of the industrial products company’s stock worth $2,816,000 after purchasing an additional 435 shares during the period. Foundations Investment Advisors LLC lifted its holdings in shares of W.W. Grainger by 6.5% in the 2nd quarter. Foundations Investment Advisors LLC now owns 261 shares of the industrial products company’s stock worth $272,000 after purchasing an additional 16 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in W.W. Grainger by 5.8% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 10,721 shares of the industrial products company’s stock valued at $11,152,000 after purchasing an additional 586 shares during the period. Finally, Creative Planning increased its stake in W.W. Grainger by 4.0% during the 2nd quarter. Creative Planning now owns 13,862 shares of the industrial products company’s stock valued at $14,420,000 after purchasing an additional 530 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

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.