Nykredit A S Purchases Shares of 20,126 W.W. Grainger, Inc. $GWW

Nykredit A S purchased a new position in shares of W.W. Grainger, Inc. (NYSE:GWW) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 20,126 shares of the industrial products company’s stock, valued at approximately $27,379,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC increased its holdings in shares of W.W. Grainger by 46.8% in the 4th quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock valued at $338,000 after acquiring an additional 102 shares during the last quarter. Empowered Funds LLC lifted its stake in W.W. Grainger by 18.0% during the first quarter. Empowered Funds LLC now owns 2,851 shares of the industrial products company’s stock worth $2,816,000 after purchasing an additional 435 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in W.W. Grainger by 169.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,826 shares of the industrial products company’s stock worth $3,980,000 after purchasing an additional 2,407 shares during the last quarter. Gamco Investors INC. ET AL acquired a new position in W.W. Grainger in the second quarter valued at approximately $208,000. Finally, Sei Investments Co. increased its stake in W.W. Grainger by 35.2% in the second quarter. Sei Investments Co. now owns 41,388 shares of the industrial products company’s stock valued at $43,051,000 after purchasing an additional 10,784 shares during the last quarter. 80.70% of the stock is owned by institutional investors and hedge funds.

W.W. Grainger Trading Up 2.0%

NYSE:GWW opened at $1,311.08 on Friday. The company has a market capitalization of $61.75 billion, a PE ratio of 33.43, a P/E/G ratio of 2.28 and a beta of 1.03. W.W. Grainger, Inc. has a 52-week low of $906.52 and a 52-week high of $1,419.91. The stock’s 50 day moving average price is $1,339.59 and its 200 day moving average price is $1,239.20. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53.

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, beating analysts’ consensus estimates of $11.30 by $0.71. The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the business 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 anticipate that W.W. Grainger, Inc. will post 46.17 EPS for the current year.

W.W. Grainger Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on GWW shares. Weiss Ratings raised shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Stephens cut shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 target price for the company. in a report on Tuesday, July 14th. Oppenheimer increased 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. Morgan Stanley lifted their price target on shares of W.W. Grainger from $1,300.00 to $1,400.00 and gave the stock an “equal weight” rating in a research note on Monday, August 24th. Finally, Wall Street Zen raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $1,286.62.

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.