W.W. Grainger (NYSE:GWW) Given New $1,337.00 Price Target at Royal Bank Of Canada

W.W. Grainger (NYSE:GWW) had its target price raised by Royal Bank Of Canada from $1,170.00 to $1,337.00 in a report released on Friday morning,Benzinga reports. They currently have a sector perform rating on the industrial products company’s stock.

GWW has been the subject of several other reports. Barclays boosted their target price on W.W. Grainger from $1,044.00 to $1,047.00 and gave the stock an “underweight” rating in a research note on Monday, March 16th. Weiss Ratings upgraded shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday. Oppenheimer raised their target price on shares of W.W. Grainger from $1,250.00 to $1,300.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. Morgan Stanley lifted their price target on shares of W.W. Grainger from $1,100.00 to $1,190.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 3rd. Finally, JPMorgan Chase & Co. raised their price objective 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. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, W.W. Grainger has a consensus rating of “Hold” and a consensus price target of $1,159.14.

W.W. Grainger Price Performance

W.W. Grainger stock opened at $1,233.40 on Friday. The company has a quick ratio of 1.59, a current ratio of 2.69 and a debt-to-equity ratio of 0.55. W.W. Grainger has a 52-week low of $906.52 and a 52-week high of $1,286.56. The firm has a market cap of $58.38 billion, a PE ratio of 33.17, a price-to-earnings-growth ratio of 2.60 and a beta of 1.04. The company’s 50 day moving average is $1,121.77 and its two-hundred day moving average is $1,058.34.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings data on Thursday, May 7th. The industrial products company reported $11.65 earnings per share for the quarter, topping analysts’ consensus estimates of $10.21 by $1.44. The business had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.58 billion. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.The company’s revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $9.86 earnings per share. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. On average, research analysts expect that W.W. Grainger will post 43.61 EPS for the current fiscal year.

W.W. Grainger Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be given a $2.49 dividend. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. This is a boost from W.W. Grainger’s previous quarterly dividend of $2.26. The ex-dividend date of this dividend is Monday, May 11th. W.W. Grainger’s dividend payout ratio is presently 25.54%.

Insider Activity

In other W.W. Grainger news, CFO Deidra C. Merriwether sold 2,339 shares of the firm’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $1,064.73, for a total transaction of $2,490,403.47. Following the transaction, the chief financial officer owned 10,235 shares of the company’s stock, valued at approximately $10,897,511.55. This trade represents a 18.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 6.30% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Accredited Investors Inc. purchased a new stake in W.W. Grainger in the third quarter valued at approximately $25,000. Miller Capital Partners Inc. purchased a new position in shares of W.W. Grainger during the fourth quarter worth approximately $26,000. Ameriflex Group Inc. grew its position 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 acquiring an additional 19 shares during the last quarter. MV Capital Management Inc. acquired a new position in shares of W.W. Grainger in the 4th quarter valued at $28,000. Finally, Harbor Investment Advisory LLC raised its position in W.W. Grainger by 314.3% in the 4th quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 22 shares during the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

More W.W. Grainger News

Here are the key news stories impacting W.W. Grainger this week:

• Positive Sentiment: Grainger beat Wall Street expectations with Q1 EPS of $11.65 versus $10.21 expected, and revenue of $4.74 billion versus $4.58 billion expected, signaling stronger-than-anticipated demand. Grainger Reports Results for the First Quarter 2026
• Positive Sentiment: The company raised its FY2026 guidance, now targeting EPS of $44.25 to $46.25 and revenue of $19.2 billion to $19.6 billion, above consensus estimates, which reinforces confidence in continued growth. Grainger Reports Results for the First Quarter 2026
• Positive Sentiment: Management highlighted strong services demand, margin expansion, and robust performance across both business segments, while also announcing a 10% quarterly dividend increase and continued share repurchases. Grainger Reports Results for the First Quarter 2026
• Neutral Sentiment: Royal Bank of Canada raised its price target on GWW to $1,337 from $1,170, but kept a “sector perform” rating, suggesting valuation upside is recognized but the firm remains cautious on near-term relative performance. Benzinga report on RBC price target increase

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.