Capstone Capital Management Ltd purchased a new position in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 640 shares of the industrial products company’s stock, valued at approximately $797,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Continuum Advisory LLC bought a new position in shares of W.W. Grainger in the second quarter worth $34,000. Elevation Wealth Partners LLC raised its position in shares of W.W. Grainger by 420.0% in the 2nd 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. EFG International AG bought a new stake in shares of W.W. Grainger during the 2nd quarter worth approximately $37,000. Caitlin John LLC bought a new position in W.W. Grainger in the second quarter valued at approximately $48,000. Finally, Anchor Investment Management LLC increased its stake in W.W. Grainger by 56.5% in the second quarter. Anchor Investment Management LLC now owns 36 shares of the industrial products company’s stock valued at $49,000 after acquiring an additional 13 shares during the last quarter. Institutional investors own 80.70% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the company. Morgan Stanley boosted their price target on W.W. Grainger from $1,300.00 to $1,400.00 and gave the stock an “equal weight” rating in a report on Monday, August 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of W.W. Grainger in a research note on Thursday, October 15th. Wolfe Research assumed coverage on shares of W.W. Grainger in a report on Tuesday, September 15th. They issued a “peer perform” rating for the company. Robert W. Baird raised their price target on shares of W.W. Grainger from $1,365.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Finally, DA Davidson lifted 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. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, W.W. Grainger currently has a consensus rating of “Hold” and an average target price of $1,253.85.
W.W. Grainger Stock Up 1.3%
Shares of W.W. Grainger stock opened at $1,335.09 on Wednesday. W.W. Grainger, Inc. has a one year low of $906.52 and a one year 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. The stock’s 50-day moving average is $1,294.25 and its 200 day moving average is $1,282.29. The firm has a market cap of $62.88 billion, a price-to-earnings ratio of 34.04, a PEG ratio of 2.33 and a beta of 1.01.
W.W. Grainger (NYSE:GWW – Get Free Report) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating the consensus estimate of $11.30 by $0.71. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%. The company had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same period last year, the business posted $9.97 EPS. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Equities research analysts anticipate that W.W. Grainger, Inc. will post 46.31 EPS for the current year.
W.W. Grainger Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th were issued a dividend of $2.49 per share. This represents a $9.96 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, August 10th. W.W. Grainger’s payout ratio is currently 25.40%.
W.W. Grainger Profile
W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) supplies for businesses, government agencies and other organizations. Its product offerings include safety equipment, tools, fasteners, electrical and plumbing supplies, material-handling equipment, cleaning and janitorial products, HVAC supplies, and facility-maintenance products.
The company also provides services designed to help customers manage procurement and workplace operations, including product selection support, inventory-management programs, digital purchasing tools, and technical assistance.
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