Landscape Capital Management L.L.C. purchased a new stake in W.W. Grainger, Inc. (NYSE:GWW – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 5,223 shares of the industrial products company’s stock, valued at approximately $5,270,000.
Several other institutional investors have also made changes to their positions in GWW. Ameriflex Group Inc. boosted its stake in shares of W.W. Grainger by 211.1% in the third quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock valued at $27,000 after buying an additional 19 shares during the period. Harbor Investment Advisory LLC boosted its stake in shares of W.W. Grainger by 314.3% in the fourth quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock valued at $29,000 after buying an additional 22 shares during the period. Elyxium Wealth LLC bought a new stake in shares of W.W. Grainger in the fourth quarter valued at approximately $30,000. State of Wyoming boosted its stake in shares of W.W. Grainger by 650.0% in the second quarter. State of Wyoming now owns 45 shares of the industrial products company’s stock valued at $47,000 after buying an additional 39 shares during the period. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of W.W. Grainger in the fourth quarter valued at approximately $57,000. 80.70% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on GWW. Royal Bank Of Canada boosted their price target on W.W. Grainger from $1,170.00 to $1,337.00 and gave the company a “sector perform” rating in a research note on Friday, May 8th. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Sanford C. Bernstein upped their target price on W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a “market perform” rating in a research note on Tuesday, April 21st. Stephens upped their target price on W.W. Grainger from $1,300.00 to $1,355.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Finally, Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $1,212.88.
Insider Transactions at W.W. Grainger
In related news, CFO Deidra C. Merriwether sold 1,488 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $1,114.28, for a total transaction of $1,658,048.64. Following the sale, the chief financial officer owned 10,541 shares in the company, valued at $11,745,625.48. The trade was a 12.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Paige K. Robbins sold 1,457 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $1,232.29, for a total value of $1,795,446.53. Following the sale, the vice president owned 2,232 shares in the company, valued at $2,750,471.28. This represents a 39.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 6,451 shares of company stock worth $7,380,743. 6.30% of the stock is currently owned by insiders.
W.W. Grainger Stock Up 0.0%
NYSE GWW opened at $1,314.60 on Friday. The business has a fifty day moving average price of $1,212.72 and a two-hundred day moving average price of $1,114.81. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.60. W.W. Grainger, Inc. has a fifty-two week low of $906.52 and a fifty-two week high of $1,349.74. The stock has a market capitalization of $62.07 billion, a PE ratio of 35.36, a PEG ratio of 2.43 and a beta of 1.04.
W.W. Grainger (NYSE:GWW – Get Free Report) last released its earnings results on Thursday, May 7th. The industrial products company reported $11.65 earnings per share for the quarter, topping the consensus estimate of $10.21 by $1.44. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.The firm had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.58 billion. During the same period in the prior year, the company earned $9.86 earnings per share. The company’s quarterly revenue was up 10.1% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. Equities analysts expect that W.W. Grainger, Inc. will post 45.34 earnings per share for the current fiscal year.
W.W. Grainger Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 11th were paid a $2.49 dividend. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, May 11th. This is a positive change from W.W. Grainger’s previous quarterly dividend of $2.26. W.W. Grainger’s dividend payout ratio is currently 26.79%.
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.
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