Loring Wolcott & Coolidge Fiduciary Advisors LLP MA cut its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 96.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 100 shares of the industrial products company’s stock after selling 2,545 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in W.W. Grainger were worth $106,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in GWW. Accredited Investors Inc. bought a new position in shares of W.W. Grainger during the third quarter worth approximately $25,000. Ameriflex Group Inc. increased its holdings in shares of W.W. Grainger by 211.1% during the third quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 19 shares during the period. Harbor Investment Advisory LLC increased its holdings in shares of W.W. Grainger by 314.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 22 shares during the period. State of Wyoming increased its holdings in shares of W.W. Grainger by 650.0% during the second quarter. State of Wyoming now owns 45 shares of the industrial products company’s stock worth $47,000 after purchasing an additional 39 shares during the period. Finally, Trifecta Capital Advisors LLC increased its holdings in shares of W.W. Grainger by 25.5% during the third quarter. Trifecta Capital Advisors LLC now owns 64 shares of the industrial products company’s stock worth $61,000 after purchasing an additional 13 shares during the period. 80.70% of the stock is owned by institutional investors.
Insider Buying and Selling at W.W. Grainger
In other news, CFO Deidra C. Merriwether sold 1,488 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $1,114.28, for a total value of $1,658,048.64. Following the sale, the chief financial officer directly owned 10,541 shares in the company, valued at approximately $11,745,625.48. This trade represents a 12.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 6.30% of the company’s stock.
W.W. Grainger Trading Up 0.9%
W.W. Grainger (NYSE:GWW – Get Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $9.45 EPS for the quarter, missing analysts’ consensus estimates of $9.46 by ($0.01). W.W. Grainger had a return on equity of 47.46% and a net margin of 9.51%.The business had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.39 billion. During the same period last year, the firm posted $9.71 EPS. W.W. Grainger’s quarterly revenue was up 4.5% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. Equities analysts predict that W.W. Grainger, Inc. will post 43.61 EPS for the current fiscal year.
W.W. Grainger Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Monday, February 9th were paid a dividend of $2.26 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $9.04 annualized dividend and a yield of 0.8%. W.W. Grainger’s payout ratio is presently 25.54%.
Analyst Ratings Changes
Several brokerages have recently commented on GWW. Sanford C. Bernstein raised their target price on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a “market perform” rating in a report on Tuesday. Barclays raised their target price on shares of W.W. Grainger from $1,044.00 to $1,047.00 and gave the stock an “underweight” rating in a report on Monday, March 16th. Weiss Ratings raised shares of W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. Morgan Stanley raised their target price on shares of W.W. Grainger from $1,100.00 to $1,190.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 3rd. Finally, Oppenheimer raised their target price on shares of W.W. Grainger from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $1,118.14.
View Our Latest Analysis on GWW
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.
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