VIRGINIA RETIREMENT SYSTEMS ET Al Sells 3,400 Shares of W.W. Grainger, Inc. $GWW

VIRGINIA RETIREMENT SYSTEMS ET Al lessened its position in W.W. Grainger, Inc. (NYSE:GWW) by 43.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,420 shares of the industrial products company’s stock after selling 3,400 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in W.W. Grainger were worth $5,506,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. bought a new position in W.W. Grainger in the 2nd quarter worth about $6,303,024,000. Bank of America Corp DE bought a new stake in shares of W.W. Grainger during the second quarter valued at approximately $621,127,000. Legal & General Group Plc bought a new stake in shares of W.W. Grainger during the second quarter valued at approximately $407,051,000. Bank of New York Mellon Corp bought a new stake in shares of W.W. Grainger during the second quarter valued at approximately $324,824,000. Finally, Deutsche Bank AG acquired a new position in shares of W.W. Grainger during the second quarter worth approximately $245,230,000. 80.70% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on GWW shares. Royal Bank Of Canada decreased their price objective on W.W. Grainger from $1,428.00 to $1,427.00 and set a “sector perform” rating for the company in a report on Wednesday, October 14th. Wolfe Research started coverage on W.W. Grainger in a research report on Tuesday, September 15th. They issued a “peer perform” rating on the stock. Stephens downgraded W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 target price on the stock. in a research note on Tuesday, July 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of W.W. Grainger in a research report on Thursday, October 15th. Finally, Robert W. Baird increased their price target on W.W. Grainger from $1,365.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, W.W. Grainger has a consensus rating of “Hold” and a consensus target price of $1,253.85.

W.W. Grainger Price Performance

Shares of NYSE:GWW opened at $1,357.84 on Monday. The stock has a market cap of $63.96 billion, a price-to-earnings ratio of 34.62, a PEG ratio of 2.41 and a beta of 1.01. 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, Inc. has a 12 month low of $906.52 and a 12 month high of $1,419.91. The stock’s 50 day moving average price is $1,300.71 and its 200 day moving average price is $1,235.62.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (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 for the quarter, compared to analysts’ expectations of $4.96 billion. During the same period last year, the firm earned $9.97 EPS. The firm’s revenue for the quarter 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 research analysts anticipate that W.W. Grainger, Inc. will post 46.31 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, December 1st. Shareholders of record on Monday, November 9th will be issued a $2.49 dividend. This represents a $9.96 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, November 9th. W.W. Grainger’s dividend payout ratio is presently 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.