ProShare Advisors LLC Has $173.79 Million Stock Holdings in W.W. Grainger, Inc. $GWW

ProShare Advisors LLC decreased its position in W.W. Grainger, Inc. (NYSE:GWW) by 47.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 167,064 shares of the industrial products company’s stock after selling 148,852 shares during the quarter. ProShare Advisors LLC’s holdings in W.W. Grainger were worth $173,787,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Fiduciary Alliance LLC bought a new stake in W.W. Grainger in the 2nd quarter valued at $274,000. Pure Financial Advisors LLC acquired a new stake in shares of W.W. Grainger during the 2nd quarter valued at about $287,000. J. Safra Sarasin Holding AG increased its stake in W.W. Grainger by 128.8% in the second quarter. J. Safra Sarasin Holding AG now owns 2,128 shares of the industrial products company’s stock valued at $2,214,000 after acquiring an additional 1,198 shares during the period. Focus Partners Wealth raised its position in W.W. Grainger by 7.5% in the first quarter. Focus Partners Wealth now owns 15,989 shares of the industrial products company’s stock worth $15,795,000 after purchasing an additional 1,120 shares in the last quarter. Finally, Acadian Asset Management LLC raised its position in W.W. Grainger by 17.1% in the first quarter. Acadian Asset Management LLC now owns 206,593 shares of the industrial products company’s stock worth $204,057,000 after purchasing an additional 30,208 shares in the last quarter. 80.70% of the stock is owned by institutional investors.

Analyst Ratings Changes

GWW has been the topic of several analyst reports. Royal Bank Of Canada upped their price objective on W.W. Grainger from $1,006.00 to $1,050.00 and gave the company a “sector perform” rating in a research note on Monday, November 3rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of W.W. Grainger in a research note on Thursday, October 30th. Barclays increased their price objective on W.W. Grainger from $963.00 to $975.00 and gave the stock an “underweight” rating in a research note on Friday. JPMorgan Chase & Co. boosted their target price on shares of W.W. Grainger from $1,035.00 to $1,050.00 and gave the company a “neutral” rating in a research note on Wednesday, October 15th. Finally, Loop Capital dropped their target price on shares of W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating for the company in a research report on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $1,061.57.

Insiders Place Their Bets

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of the company’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total transaction of $496,430.00. Following the transaction, the senior vice president owned 1,771 shares of the company’s stock, valued at approximately $1,758,355.06. This represents a 22.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.10% of the stock is owned by company insiders.

W.W. Grainger Stock Performance

Shares of NYSE:GWW opened at $955.71 on Monday. The business has a fifty day moving average of $973.73 and a 200-day moving average of $1,014.89. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.64 and a current ratio of 2.82. W.W. Grainger, Inc. has a twelve month low of $893.99 and a twelve month high of $1,227.66. The firm has a market cap of $45.44 billion, a PE ratio of 24.25, a price-to-earnings-growth ratio of 2.79 and a beta of 1.17.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings data on Friday, October 31st. The industrial products company reported $10.21 EPS for the quarter, topping analysts’ consensus estimates of $9.95 by $0.26. The firm had revenue of $4.66 billion for the quarter, compared to analyst estimates of $4.64 billion. W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. The company’s revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $9.87 EPS. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. On average, equities research analysts predict that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 10th will be issued a $2.26 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.9%. W.W. Grainger’s dividend payout ratio (DPR) is currently 25.35%.

W.W. Grainger 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.