W.W. Grainger, Inc. $GWW Stock Position Raised by NewEdge Advisors LLC

NewEdge Advisors LLC increased its position in W.W. Grainger, Inc. (NYSE:GWWFree Report) by 51.1% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 4,810 shares of the industrial products company’s stock after purchasing an additional 1,627 shares during the period. NewEdge Advisors LLC’s holdings in W.W. Grainger were worth $5,247,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Avantax Planning Partners Inc. boosted its position in shares of W.W. Grainger by 1.9% in the fourth quarter. Avantax Planning Partners Inc. now owns 483 shares of the industrial products company’s stock worth $487,000 after buying an additional 9 shares during the period. Hohimer Wealth Management LLC lifted its stake in W.W. Grainger by 1.2% in the 4th quarter. Hohimer Wealth Management LLC now owns 788 shares of the industrial products company’s stock worth $795,000 after acquiring an additional 9 shares in the last quarter. Sawyer & Company Inc lifted its stake in W.W. Grainger by 1.5% in the 4th quarter. Sawyer & Company Inc now owns 676 shares of the industrial products company’s stock worth $682,000 after acquiring an additional 10 shares in the last quarter. Dearborn Partners LLC boosted its position in W.W. Grainger by 3.4% during the 4th quarter. Dearborn Partners LLC now owns 305 shares of the industrial products company’s stock worth $308,000 after acquiring an additional 10 shares during the period. Finally, Andina Capital Management LLC increased its holdings in shares of W.W. Grainger by 2.5% in the 4th quarter. Andina Capital Management LLC now owns 404 shares of the industrial products company’s stock valued at $408,000 after purchasing an additional 10 shares during the period. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

GWW has been the subject of a number of research analyst reports. Oppenheimer increased their price target on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Wall Street Zen upgraded shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Sunday. Morgan Stanley increased their target price on shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 27th. Wolfe Research raised shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Finally, DA Davidson boosted their price target on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $1,274.12.

View Our Latest Analysis on GWW

W.W. Grainger Trading Up 0.3%

Shares of NYSE GWW opened at $1,301.38 on Wednesday. The stock has a market cap of $61.30 billion, a price-to-earnings ratio of 33.18, a PEG ratio of 2.31 and a beta of 1.04. The business has a 50 day simple moving average of $1,343.95 and a 200 day simple moving average of $1,216.81. W.W. Grainger, Inc. has a 52 week low of $906.52 and a 52 week high of $1,419.91. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81.

W.W. Grainger (NYSE:GWWGet Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, beating the consensus estimate of $11.30 by $0.71. The firm had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.96 billion. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter last year, the firm earned $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, research analysts predict that W.W. Grainger, Inc. will post 46.14 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be paid a dividend of $2.49 per share. The ex-dividend date is Monday, August 10th. This represents a $9.96 annualized dividend and a dividend yield of 0.8%. W.W. Grainger’s dividend payout ratio is 25.40%.

W.W. Grainger Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for W.W. Grainger (NYSE:GWW)

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