Strengthening Families & Communities LLC Reduces Stock Position in W.W. Grainger, Inc. $GWW

Strengthening Families & Communities LLC reduced its stake in W.W. Grainger, Inc. (NYSE:GWWFree Report) by 98.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20 shares of the industrial products company’s stock after selling 1,625 shares during the period. Strengthening Families & Communities LLC’s holdings in W.W. Grainger were worth $28,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GWW. Banco BTG Pactual S.A. bought a new stake in W.W. Grainger during the 4th quarter worth approximately $1,048,000. Bank of New York Mellon Corp purchased a new position in shares of W.W. Grainger during the 2nd quarter valued at $324,824,000. Assenagon Asset Management S.A. grew its position in shares of W.W. Grainger by 1,353.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 31,242 shares of the industrial products company’s stock valued at $42,502,000 after purchasing an additional 29,092 shares in the last quarter. Meeder Asset Management Inc. bought a new position in shares of W.W. Grainger in the second quarter worth $11,591,000. Finally, Tredje AP fonden increased its holdings in shares of W.W. Grainger by 28.9% in the fourth quarter. Tredje AP fonden now owns 3,871 shares of the industrial products company’s stock worth $3,906,000 after purchasing an additional 869 shares during the period. 80.70% of the stock is currently owned by institutional investors.

W.W. Grainger Price Performance

GWW opened at $1,284.82 on Thursday. The stock has a market capitalization of $60.52 billion, a P/E ratio of 32.76, a PEG ratio of 2.33 and a beta of 1.03. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53. W.W. Grainger, Inc. has a 12-month low of $906.52 and a 12-month high of $1,419.91. The stock has a 50-day moving average price of $1,340.80 and a 200-day moving average price of $1,237.93.

W.W. Grainger (NYSE:GWWGet Free Report) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $11.30 by $0.71. The business had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.W.W. Grainger’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Equities analysts predict that W.W. Grainger, Inc. will post 46.17 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms recently issued reports on GWW. Barclays lifted their price objective on W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a research note on Tuesday, August 11th. Stephens cut W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price target on the stock. in a report on Tuesday, July 14th. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. DA Davidson upped their price objective on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Finally, Oppenheimer lifted their target price on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $1,286.62.

Check Out Our Latest Research Report on GWW

About W.W. Grainger

(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.

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

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