W.W. Grainger, Inc. $GWW Shares Bought by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC raised its position in W.W. Grainger, Inc. (NYSE:GWW) by 35.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 348 shares of the industrial products company’s stock after purchasing an additional 92 shares during the period. Kingswood Wealth Advisors LLC’s holdings in W.W. Grainger were worth $362,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of GWW. Checchi Capital Advisers LLC lifted its position in shares of W.W. Grainger by 2.1% in the first quarter. Checchi Capital Advisers LLC now owns 486 shares of the industrial products company’s stock valued at $480,000 after acquiring an additional 10 shares in the last quarter. Cary Street Partners Investment Advisory LLC lifted its position in shares of W.W. Grainger by 3.2% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 323 shares of the industrial products company’s stock valued at $319,000 after acquiring an additional 10 shares in the last quarter. Hemington Wealth Management lifted its position in shares of W.W. Grainger by 0.9% in the first quarter. Hemington Wealth Management now owns 1,139 shares of the industrial products company’s stock valued at $1,125,000 after acquiring an additional 10 shares in the last quarter. Grove Bank & Trust lifted its position in shares of W.W. Grainger by 52.6% in the second quarter. Grove Bank & Trust now owns 29 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 10 shares in the last quarter. Finally, Ridgewood Investments LLC lifted its position in shares of W.W. Grainger by 50.0% in the second quarter. Ridgewood Investments LLC now owns 30 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 10 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Stock Performance

W.W. Grainger stock opened at $946.61 on Friday. The stock’s 50-day moving average is $981.31 and its 200-day moving average is $1,016.15. The company has a market cap of $45.28 billion, a price-to-earnings ratio of 24.02, a price-to-earnings-growth ratio of 2.81 and a beta of 1.17. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.82 and a quick ratio of 1.64. W.W. Grainger, Inc. has a 12 month low of $893.99 and a 12 month high of $1,227.66.

W.W. Grainger (NYSE:GWW) last posted its earnings results on Friday, August 1st. The industrial products company reported $9.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $10.07 by ($0.10). W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. The company had revenue of $4.55 billion during the quarter, compared to analyst estimates of $4.52 billion. During the same quarter last year, the business posted $9.76 EPS. W.W. Grainger’s quarterly revenue was up 5.6% compared to the same quarter last year. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. Equities analysts anticipate that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 1st. Stockholders of record on Monday, August 11th were paid a $2.26 dividend. The ex-dividend date was Monday, August 11th. This represents a $9.04 dividend on an annualized basis and a dividend yield of 1.0%. W.W. Grainger’s dividend payout ratio (DPR) is 22.94%.

Insider Activity

In other news, SVP Jonny M. Leroy sold 500 shares of the stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total value of $496,430.00. Following the completion of the sale, the senior vice president owned 1,771 shares in the company, valued at approximately $1,758,355.06. This trade represents a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 6.10% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Loop Capital reduced their price objective on W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating on the stock in a research report on Monday, August 4th. Barclays assumed coverage on W.W. Grainger in a research report on Wednesday. They issued an “underweight” rating and a $963.00 price objective on the stock. Royal Bank Of Canada reduced their price objective on W.W. Grainger from $1,176.00 to $1,007.00 and set a “sector perform” rating on the stock in a research report on Monday, August 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of W.W. Grainger in a research report on Wednesday. Finally, Morgan Stanley reduced their target price on W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating on the stock in a research report on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, W.W. Grainger currently has a consensus rating of “Hold” and a consensus target price of $1,073.88.

W.W. Grainger Profile

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.