Marks Group Wealth Management Inc Has $7.64 Million Stake in W.W. Grainger, Inc. $GWW

Marks Group Wealth Management Inc lowered its position in W.W. Grainger, Inc. (NYSE:GWW) by 11.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,000 shares of the industrial products company’s stock after selling 889 shares during the period. Marks Group Wealth Management Inc’s holdings in W.W. Grainger were worth $7,636,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Miller Capital Partners Inc. bought a new stake in W.W. Grainger during the 4th quarter worth approximately $26,000. MV Capital Management Inc. bought a new position in W.W. Grainger in the 4th quarter valued at $28,000. Harbor Investment Advisory LLC raised its position in W.W. Grainger by 314.3% in the 4th quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 22 shares during the last quarter. Elyxium Wealth LLC acquired a new position in W.W. Grainger in the fourth quarter worth $30,000. Finally, Caitlin John LLC acquired a new position in W.W. Grainger in the fourth quarter worth $35,000. 80.70% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, SVP Jonny M. Leroy sold 854 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,231.06, for a total value of $1,051,325.24. Following the transaction, the senior vice president owned 1,554 shares of the company’s stock, valued at approximately $1,913,067.24. This trade represents a 35.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Laurie R. Thomson sold 313 shares of W.W. Grainger stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $1,231.69, for a total transaction of $385,518.97. Following the sale, the vice president owned 399 shares of the company’s stock, valued at approximately $491,444.31. This represents a 43.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 2,624 shares of company stock worth $3,232,291 over the last three months. 6.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Stephens cut 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 report on Tuesday. Wall Street Zen upgraded shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Wolfe Research raised shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Royal Bank Of Canada increased their price objective on shares of W.W. Grainger from $1,170.00 to $1,337.00 and gave the stock a “sector perform” rating in a report on Friday, May 8th. Finally, DA Davidson initiated coverage on shares of W.W. Grainger in a research report on Tuesday, June 16th. They issued a “neutral” rating and a $1,250.00 price objective for the company. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $1,216.44.

W.W. Grainger Stock Down 0.1%

Shares of GWW opened at $1,369.66 on Thursday. The firm has a market capitalization of $64.66 billion, a price-to-earnings ratio of 36.84, a PEG ratio of 2.53 and a beta of 1.03. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.60 and a current ratio of 2.69. The business’s fifty day moving average price is $1,305.76 and its two-hundred day moving average price is $1,174.54. W.W. Grainger, Inc. has a 52 week low of $906.52 and a 52 week high of $1,405.72.

W.W. Grainger (NYSE:GWW) last released its earnings results on Thursday, May 7th. The industrial products company reported $11.65 EPS for the quarter, beating the consensus estimate of $10.21 by $1.44. The company had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.58 billion. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.The business’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period last year, the firm earned $9.86 EPS. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. On average, analysts predict that W.W. Grainger, Inc. will post 45.45 earnings per share for the current year.

W.W. Grainger Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 11th were given a $2.49 dividend. The ex-dividend date was Monday, May 11th. This is a positive change from W.W. Grainger’s previous quarterly dividend of $2.26. This represents a $9.96 dividend on an annualized basis and a yield of 0.7%. W.W. Grainger’s dividend payout ratio is 26.79%.

W.W. Grainger Company 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.