Skandinaviska Enskilda Banken AB publ Has $40.69 Million Stock Holdings in W.W. Grainger, Inc. $GWW

Skandinaviska Enskilda Banken AB publ reduced its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 68.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 42,703 shares of the industrial products company’s stock after selling 91,860 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned 0.09% of W.W. Grainger worth $40,694,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of W.W. Grainger by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 5,731,880 shares of the industrial products company’s stock valued at $5,462,252,000 after buying an additional 104,607 shares in the last quarter. State Street Corp boosted its position in shares of W.W. Grainger by 0.4% during the 2nd quarter. State Street Corp now owns 1,982,274 shares of the industrial products company’s stock worth $2,062,041,000 after acquiring an additional 8,735 shares in the last quarter. Geode Capital Management LLC increased its stake in W.W. Grainger by 1.9% in the second quarter. Geode Capital Management LLC now owns 1,260,610 shares of the industrial products company’s stock valued at $1,306,289,000 after acquiring an additional 23,418 shares during the last quarter. Parnassus Investments LLC acquired a new position in W.W. Grainger during the third quarter valued at approximately $721,202,000. Finally, Norges Bank bought a new stake in W.W. Grainger during the second quarter worth $536,916,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

Wall Street Analyst Weigh In

GWW has been the topic of several recent analyst reports. Sanford C. Bernstein initiated coverage on W.W. Grainger in a research note on Wednesday, November 12th. They issued a “market perform” rating and a $975.00 price target on the stock. Royal Bank Of Canada lifted their target price on W.W. Grainger from $1,006.00 to $1,050.00 and gave the company a “sector perform” rating in a research report on Monday, November 3rd. Weiss Ratings raised W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. Barclays raised their price target on shares of W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a research note on Friday, November 7th. Finally, JPMorgan Chase & Co. lifted their price target on shares of W.W. Grainger from $1,100.00 to $1,165.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $1,060.13.

Insider Buying and Selling at W.W. Grainger

In other news, VP Krantz Nancy L. Berardinelli sold 195 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $1,023.93, for a total transaction of $199,666.35. Following the completion of the transaction, the vice president directly owned 3,174 shares in the company, valued at $3,249,953.82. This trade represents a 5.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Donald G. Macpherson sold 12,163 shares of W.W. Grainger stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $972.57, for a total value of $11,829,368.91. Following the completion of the transaction, the chief executive officer directly owned 103,885 shares in the company, valued at approximately $101,035,434.45. This represents a 10.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 26,881 shares of company stock worth $26,157,155. 6.10% of the stock is currently owned by insiders.

W.W. Grainger Stock Performance

NYSE:GWW opened at $1,132.42 on Wednesday. The stock’s 50-day moving average is $1,066.01 and its 200-day moving average is $1,002.77. W.W. Grainger, Inc. has a 1-year low of $893.99 and a 1-year high of $1,218.63. The company has a current ratio of 2.83, a quick ratio of 1.59 and a debt-to-equity ratio of 0.57. The stock has a market cap of $53.85 billion, a P/E ratio of 32.00, a price-to-earnings-growth ratio of 2.38 and a beta of 1.10.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $9.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.46 by ($0.02). W.W. Grainger had a net margin of 9.51% and a return on equity of 47.46%. The business had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $4.39 billion. During the same quarter last year, the business earned $9.71 EPS. The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. Equities research analysts anticipate that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Monday, February 9th will be issued a dividend of $2.26 per share. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Monday, February 9th. W.W. Grainger’s payout ratio is 25.54%.

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.