W.W. Grainger, Inc. $GWW Shares Sold by Tealwood Asset Management Inc.

Tealwood Asset Management Inc. reduced its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 2.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,050 shares of the industrial products company’s stock after selling 61 shares during the period. Tealwood Asset Management Inc.’s holdings in W.W. Grainger were worth $2,133,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GWW. N.E.W. Advisory Services LLC purchased a new position in W.W. Grainger during the first quarter valued at $25,000. Brown Lisle Cummings Inc. lifted its stake in W.W. Grainger by 316.7% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company’s stock valued at $26,000 after buying an additional 19 shares in the last quarter. Nova Wealth Management Inc. purchased a new position in W.W. Grainger in the 1st quarter valued at about $28,000. Grove Bank & Trust lifted its stake in W.W. Grainger by 52.6% in the 2nd quarter. Grove Bank & Trust now owns 29 shares of the industrial products company’s stock valued at $30,000 after buying an additional 10 shares in the last quarter. Finally, Ridgewood Investments LLC lifted its stake in W.W. Grainger by 50.0% in the 2nd quarter. Ridgewood Investments LLC now owns 30 shares of the industrial products company’s stock valued at $31,000 after buying an additional 10 shares in the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

W.W. Grainger Stock Down 1.3%

Shares of GWW opened at $947.58 on Tuesday. The company’s 50-day moving average price is $995.26 and its 200 day moving average price is $1,018.15. The firm has a market cap of $45.32 billion, a P/E ratio of 24.04, a price-to-earnings-growth ratio of 2.79 and a beta of 1.18. W.W. Grainger, Inc. has a 12-month low of $893.99 and a 12-month high of $1,227.66. The company has a current ratio of 2.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.57.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings results on Friday, August 1st. The industrial products company reported $9.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $10.07 by ($0.10). The company had revenue of $4.55 billion during the quarter, compared to analysts’ expectations of $4.52 billion. W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. W.W. Grainger’s revenue was up 5.6% on a year-over-year basis. During the same period last year, the firm posted $9.76 earnings per share. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. On average, sell-side analysts forecast that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 1st. Investors of record on Monday, August 11th were issued a $2.26 dividend. This represents a $9.04 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Monday, August 11th. W.W. Grainger’s payout ratio is currently 22.94%.

Analysts Set New Price Targets

Several research firms have recently weighed in on GWW. Morgan Stanley decreased their target price on W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating on the stock in a research report on Friday, July 11th. JPMorgan Chase & Co. decreased their price objective on W.W. Grainger from $1,125.00 to $1,035.00 and set a “neutral” rating on the stock in a report on Thursday, September 4th. Loop Capital decreased their price target on shares of W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating on the stock in a research note on Monday, August 4th. Finally, Royal Bank Of Canada decreased their price target on shares of W.W. Grainger from $1,176.00 to $1,007.00 and set a “sector perform” rating on the stock in a research note on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $1,069.13.

Insider Activity

In related news, SVP Jonny M. Leroy sold 500 shares of the business’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total value of $496,430.00. Following the sale, the senior vice president owned 1,771 shares in the company, valued at approximately $1,758,355.06. The trade was a 22.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 6.10% of the company’s stock.

W.W. Grainger Company Profile

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.