Healthcare of Ontario Pension Plan Trust Fund cut its holdings in W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 95.1% in the first quarter, HoldingsChannel reports. The firm owned 2,752 shares of the industrial products company’s stock after selling 53,977 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in W.W. Grainger were worth $3,002,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GWW. Compound Planning Inc. grew its stake in W.W. Grainger by 9.3% in the 1st quarter. Compound Planning Inc. now owns 730 shares of the industrial products company’s stock valued at $797,000 after buying an additional 62 shares during the last quarter. Liberty One Investment Management LLC bought a new position in W.W. Grainger during the first quarter valued at about $5,420,000. Sei Investments Co. raised its stake in shares of W.W. Grainger by 0.8% in the first quarter. Sei Investments Co. now owns 55,182 shares of the industrial products company’s stock valued at $60,190,000 after purchasing an additional 445 shares in the last quarter. MWA Asset Management raised its stake in shares of W.W. Grainger by 5.9% in the 1st quarter. MWA Asset Management now owns 1,928 shares of the industrial products company’s stock valued at $2,104,000 after buying an additional 108 shares in the last quarter. Finally, Lido Advisors LLC lifted its stake in W.W. Grainger by 14.6% during the first quarter. Lido Advisors LLC now owns 3,581 shares of the industrial products company’s stock worth $3,907,000 after purchasing an additional 456 shares during the period. Institutional investors and hedge funds own 80.70% of the company’s stock.
Insider Buying and Selling
In other news, VP Laurie R. Thomson sold 313 shares of W.W. Grainger stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,231.69, for a total value of $385,518.97. Following the completion of the transaction, the vice president owned 399 shares of the company’s stock, valued at $491,444.31. This trade represents a 43.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Paige K. Robbins sold 1,457 shares of W.W. Grainger stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,232.29, for a total transaction of $1,795,446.53. Following the completion of the transaction, the vice president directly owned 2,232 shares of the company’s stock, valued at approximately $2,750,471.28. This trade represents a 39.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 2,624 shares of company stock worth $3,232,291. Insiders own 6.30% of the company’s stock.
W.W. Grainger Trading Down 0.3%
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 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.21 by $1.44. The firm had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.58 billion. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The company’s revenue was up 10.1% compared to the same quarter last year. During the same period in the previous year, the business earned $9.86 EPS. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. As a group, analysts expect that W.W. Grainger, Inc. will post 45.46 EPS for the current fiscal year.
W.W. Grainger Announces Dividend
The company 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 of this dividend is Monday, August 10th. This represents a $9.96 annualized dividend and a dividend yield of 0.7%. W.W. Grainger’s dividend payout ratio (DPR) is currently 26.79%.
Analysts Set New Price Targets
A number of research analysts have issued reports on the company. Morgan Stanley lifted their price objective on W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an “equal weight” rating in a report on Wednesday, May 27th. Barclays decreased their price objective on W.W. Grainger from $1,171.00 to $1,166.00 and set an “underweight” rating on the stock in a research report on Tuesday, June 23rd. Weiss Ratings upgraded shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. Stephens cut 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. Finally, Sanford C. Bernstein upped their target price on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the company a “market perform” rating in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $1,230.11.
Check Out Our Latest Analysis on W.W. Grainger
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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