Campbell & CO Investment Adviser LLC Sells 172 Shares of W.W. Grainger, Inc. $GWW

Campbell & CO Investment Adviser LLC lowered its position in shares of W.W. Grainger, Inc. (NYSE:GWW) by 4.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,897 shares of the industrial products company’s stock after selling 172 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in W.W. Grainger were worth $4,054,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. N.E.W. Advisory Services LLC bought a new position in W.W. Grainger in the first quarter valued at $25,000. Hilltop National Bank acquired a new position in shares of W.W. Grainger during the 2nd quarter worth about $25,000. Quaker Wealth Management LLC grew its holdings in shares of W.W. Grainger by 196.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 24 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 49 shares in the last quarter. Brown Lisle Cummings Inc. increased its position in shares of W.W. Grainger by 316.7% in the second quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 19 shares during the last quarter. Finally, Nova Wealth Management Inc. acquired a new stake in shares of W.W. Grainger in the first quarter valued at about $28,000. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Jonny M. Leroy sold 500 shares of W.W. Grainger stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total transaction of $496,430.00. Following the completion of the sale, the senior vice president owned 1,771 shares of the company’s stock, 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 hyperlink. 6.10% of the stock is owned by insiders.

W.W. Grainger Stock Up 0.3%

Shares of GWW opened at $955.71 on Friday. The firm has a market cap of $45.44 billion, a P/E ratio of 24.25, a price-to-earnings-growth ratio of 2.79 and a beta of 1.17. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.64 and a current ratio of 2.82. W.W. Grainger, Inc. has a 52 week low of $893.99 and a 52 week high of $1,227.66. The firm’s 50-day simple moving average is $973.73 and its 200 day simple moving average is $1,014.73.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings data on Friday, October 31st. The industrial products company reported $10.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.95 by $0.26. W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The company had revenue of $4.66 billion during the quarter, compared to analysts’ expectations of $4.64 billion. During the same quarter in the previous year, the company posted $9.87 earnings per share. The business’s revenue was up 6.1% on a year-over-year basis. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. On average, analysts forecast that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 10th will be issued a $2.26 dividend. This represents a $9.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Monday, November 10th. W.W. Grainger’s dividend payout ratio is currently 25.35%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Royal Bank Of Canada raised their price target on W.W. Grainger from $1,006.00 to $1,050.00 and gave the company a “sector perform” rating in a research note on Monday, November 3rd. Loop Capital decreased their target price on shares of W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating for the company in a research note on Monday, August 4th. JPMorgan Chase & Co. boosted their target price on shares of W.W. Grainger from $1,035.00 to $1,050.00 and gave the stock a “neutral” rating in a report on Wednesday, October 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of W.W. Grainger in a research note on Thursday, October 30th. Finally, Barclays boosted their price objective on shares of W.W. Grainger from $963.00 to $975.00 and gave the stock an “underweight” rating in a research note on Friday. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $1,061.57.

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.