W.W. Grainger, Inc. (GWW) to Distribute Quarterly Dividend of $2.49 on September 1st

W.W. Grainger, Inc. (NYSE:GWW) declared a quarterly dividend on Wednesday, July 29th. Investors of record on Monday, August 10th will be given a dividend of 2.49 per share by the industrial products company on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date is Monday, August 10th.

W.W. Grainger has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 55 years. W.W. Grainger has a payout ratio of 22.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect W.W. Grainger to earn $50.27 per share next year, which means the company should continue to be able to cover its $9.96 annual dividend with an expected future payout ratio of 19.8%.

W.W. Grainger Price Performance

GWW opened at $1,355.00 on Friday. The stock’s 50-day moving average price is $1,333.72 and its 200 day moving average price is $1,202.17. W.W. Grainger has a 12-month low of $906.52 and a 12-month high of $1,419.91. The firm has a market cap of $63.97 billion, a price-to-earnings ratio of 36.44, a PEG ratio of 2.51 and a beta of 1.03. The company has a current ratio of 2.69, a quick ratio of 1.60 and a debt-to-equity ratio of 0.55.

W.W. Grainger (NYSE:GWW) last released its earnings results on Thursday, May 7th. The industrial products company reported $11.65 earnings per share for the quarter, beating the consensus estimate of $10.21 by $1.44. The company had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.58 billion. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.W.W. Grainger’s revenue was up 10.1% compared to the same quarter last year. During the same period in the previous year, the company posted $9.86 EPS. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. As a group, sell-side analysts expect that W.W. Grainger will post 45.46 earnings per share for the current year.

Insider Activity

In other news, VP Laurie R. Thomson sold 313 shares of the business’s stock in a transaction dated 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 completion of the transaction, the vice president directly owned 399 shares of the company’s stock, valued at approximately $491,444.31. The trade was a 43.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Jonny M. Leroy sold 854 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $1,231.06, for a total transaction of $1,051,325.24. Following the sale, the senior vice president owned 1,554 shares in the company, valued at $1,913,067.24. The trade was a 35.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 2,624 shares of company stock worth $3,232,291. 6.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On W.W. Grainger

A number of large investors have recently modified their holdings of GWW. Elevation Wealth Partners LLC lifted its position in shares of W.W. Grainger by 420.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 21 shares during the last quarter. Miller Capital Partners Inc. purchased a new position in W.W. Grainger in the fourth quarter valued at $26,000. MV Capital Management Inc. purchased a new position in W.W. Grainger in the fourth quarter valued at $28,000. Elyxium Wealth LLC acquired a new stake in W.W. Grainger in the fourth quarter valued at $30,000. Finally, Caitlin John LLC purchased a new stake in W.W. Grainger during the 4th quarter worth about $35,000. 80.70% of the stock is owned by hedge funds and other institutional investors.

About W.W. Grainger

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.