Lido Advisors LLC grew its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 14.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,581 shares of the industrial products company’s stock after purchasing an additional 456 shares during the quarter. Lido Advisors LLC’s holdings in W.W. Grainger were worth $3,907,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Miller Capital Partners Inc. purchased a new stake in W.W. Grainger in the 4th quarter valued at about $26,000. MV Capital Management Inc. purchased a new position in shares of W.W. Grainger during the 4th quarter worth about $28,000. Elyxium Wealth LLC acquired a new stake in shares of W.W. Grainger in the fourth quarter worth approximately $30,000. Caitlin John LLC acquired a new stake in shares of W.W. Grainger in the fourth quarter worth approximately $35,000. Finally, Harbor Investment Advisory LLC grew its holdings in W.W. Grainger by 34.5% in the first quarter. Harbor Investment Advisory LLC now owns 39 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 10 shares during the period. Hedge funds and other institutional investors own 80.70% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages recently commented on GWW. DA Davidson assumed coverage on shares of W.W. Grainger in a research report on Tuesday, June 16th. They set a “neutral” rating and a $1,250.00 price target for the company. Sanford C. Bernstein lifted their price target on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the company a “market perform” rating in a report on Tuesday, April 21st. Morgan Stanley boosted their price objective on shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 27th. Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Finally, Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Two research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $1,230.11.
W.W. Grainger Stock Up 1.0%
Shares of NYSE GWW opened at $1,381.46 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.60 and a current ratio of 2.69. W.W. Grainger, Inc. has a 1 year low of $906.52 and a 1 year high of $1,419.91. The stock’s 50-day simple moving average is $1,323.39 and its 200-day simple moving average is $1,191.00. The firm has a market cap of $65.22 billion, a price-to-earnings ratio of 37.16, a PEG ratio of 2.55 and a beta of 1.03.
W.W. Grainger (NYSE:GWW – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The industrial products company reported $11.65 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $4.58 billion. During the same quarter in the prior year, the business posted $9.86 earnings per share. W.W. Grainger’s revenue for the quarter 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. As a group, equities analysts anticipate that W.W. Grainger, Inc. will post 45.46 earnings per share for the current fiscal year.
W.W. Grainger Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 11th were given a $2.49 dividend. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend 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%.
Insider Activity
In other news, SVP Jonny M. Leroy sold 854 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $1,231.06, for a total transaction of $1,051,325.24. Following the completion of the sale, the senior vice president owned 1,554 shares of the company’s stock, valued at approximately $1,913,067.24. This trade represents a 35.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Laurie R. Thomson sold 313 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $1,231.69, for a total transaction of $385,518.97. Following the sale, the vice president directly owned 399 shares of the company’s stock, valued at $491,444.31. The trade was a 43.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 2,624 shares of company stock worth $3,232,291. 6.30% of the stock is currently owned by insiders.
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.
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