W.W. Grainger, Inc. $GWW Shares Sold by Edgestream Partners L.P.

Edgestream Partners L.P. cut its position in W.W. Grainger, Inc. (NYSE:GWW) by 57.2% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,971 shares of the industrial products company’s stock after selling 3,963 shares during the quarter. Edgestream Partners L.P.’s holdings in W.W. Grainger were worth $3,241,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GWW. State Street Corp grew its position in W.W. Grainger by 1.2% in the 4th quarter. State Street Corp now owns 2,019,452 shares of the industrial products company’s stock worth $2,037,728,000 after purchasing an additional 23,399 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of W.W. Grainger by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 1,217,834 shares of the industrial products company’s stock valued at $1,230,214,000 after buying an additional 10,533 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of W.W. Grainger by 1,462.1% during the fourth quarter. Wellington Management Group LLP now owns 1,071,854 shares of the industrial products company’s stock valued at $1,081,554,000 after buying an additional 1,003,237 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of W.W. Grainger by 61.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,027,286 shares of the industrial products company’s stock worth $1,036,584,000 after buying an additional 389,589 shares during the period. Finally, Northern Trust Corp boosted its position in shares of W.W. Grainger by 0.5% during the third quarter. Northern Trust Corp now owns 659,158 shares of the industrial products company’s stock worth $628,151,000 after buying an additional 3,114 shares during the period. 80.70% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

GWW has been the topic of several analyst reports. DA Davidson started coverage on W.W. Grainger in a research report on Tuesday, June 16th. They issued a “neutral” rating and a $1,250.00 target price on the stock. Morgan Stanley boosted their price target on W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 27th. Wall Street Zen cut W.W. Grainger from a “buy” rating to a “hold” rating in a research note on Saturday. Stephens lowered W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price target on the stock. in a report on Tuesday, July 14th. Finally, Sanford C. Bernstein lifted their price objective on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the company a “market perform” rating in a research note on Tuesday, April 21st. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $1,230.11.

W.W. Grainger Price Performance

Shares of NYSE GWW opened at $1,385.45 on Friday. W.W. Grainger, Inc. has a twelve month low of $906.52 and a twelve month high of $1,419.91. The company has a current ratio of 2.69, a quick ratio of 1.60 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $65.41 billion, a price-to-earnings ratio of 37.26, a PEG ratio of 2.55 and a beta of 1.03. The firm has a 50-day moving average of $1,336.47 and a two-hundred day moving average of $1,203.45.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings data on Thursday, May 7th. The industrial products company reported $11.65 earnings per share 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 analyst estimates of $4.58 billion. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The business’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same quarter last year, the firm posted $9.86 EPS. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. As a group, analysts expect that W.W. Grainger, Inc. will post 45.46 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 10th will be 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 is Monday, August 10th. W.W. Grainger’s dividend payout ratio (DPR) is presently 26.79%.

Insider Buying and Selling

In other W.W. Grainger news, SVP Jonny M. Leroy sold 854 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was 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 represents a 35.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Paige K. Robbins sold 1,457 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $1,232.29, for a total value of $1,795,446.53. Following the sale, the vice president owned 2,232 shares of the company’s stock, valued at $2,750,471.28. This trade represents a 39.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 2,624 shares of company stock worth $3,232,291. Corporate insiders own 6.30% of the company’s stock.

About W.W. Grainger

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.