Wealthfront Advisers LLC Purchases New Shares in W.W. Grainger, Inc. $GWW

Wealthfront Advisers LLC purchased a new position in shares of W.W. Grainger, Inc. (NYSE:GWW) in the second quarter, HoldingsChannel.com reports. The firm purchased 9,199 shares of the industrial products company’s stock, valued at approximately $12,514,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Miller Capital Partners Inc. purchased a new stake in shares of W.W. Grainger in the fourth quarter valued at about $26,000. MV Capital Management Inc. acquired a new stake in shares of W.W. Grainger in the 4th quarter worth $28,000. Elyxium Wealth LLC purchased a new stake in W.W. Grainger in the 4th quarter valued at approximately $30,000. Elevation Wealth Partners LLC boosted its stake in shares of W.W. Grainger by 420.0% in the second quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock valued at $35,000 after buying an additional 21 shares in the last quarter. Finally, Caitlin John LLC purchased a new stake in shares of W.W. Grainger during the 4th quarter worth $35,000. 80.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on GWW. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Stephens cut W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price objective for the company. in a report on Tuesday, July 14th. Sanford C. Bernstein boosted their target price on W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a “market perform” rating in a research report on Tuesday, April 21st. Oppenheimer upped their target price on W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Finally, Wolfe Research upgraded W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $1,274.12.

W.W. Grainger Stock Down 0.3%

Shares of NYSE GWW opened at $1,314.38 on Wednesday. The firm’s 50-day moving average is $1,345.40 and its two-hundred day moving average is $1,225.84. The company has a market capitalization of $61.91 billion, a PE ratio of 33.51, a price-to-earnings-growth ratio of 2.35 and a beta of 1.04. W.W. Grainger, Inc. has a 12-month low of $906.52 and a 12-month high of $1,419.91. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, topping analysts’ consensus estimates of $11.30 by $0.71. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The business had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.96 billion. During the same period last year, the company posted $9.97 EPS. The company’s revenue was up 10.3% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Equities analysts anticipate that W.W. Grainger, Inc. will post 46.14 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

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

W.W. Grainger Profile

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.