OMERS ADMINISTRATION Corp Takes Position in W.W. Grainger, Inc. $GWW

OMERS ADMINISTRATION Corp bought a new stake in W.W. Grainger, Inc. (NYSE:GWW) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 3,769 shares of the industrial products company’s stock, valued at approximately $5,127,000.

A number of other institutional investors have also recently bought and sold shares of GWW. Osmosis Investment Management UK Ltd acquired a new stake in shares of W.W. Grainger in the second quarter valued at approximately $216,000. Sanctuary Advisors LLC bought a new stake in W.W. Grainger in the 2nd quarter valued at $3,844,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in W.W. Grainger during the 2nd quarter valued at $273,000. Meiji Yasuda Asset Management Co Ltd. acquired a new stake in W.W. Grainger during the 2nd quarter valued at $13,582,000. Finally, Te Ahumairangi Investment Management Ltd bought a new position in W.W. Grainger during the second quarter worth $10,385,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

Analyst Upgrades and Downgrades

GWW has been the topic of several research reports. Barclays upped their price objective on shares of W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a report on Tuesday, August 11th. DA Davidson raised their target price on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Weiss Ratings raised shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Morgan Stanley upped their price target on shares of W.W. Grainger from $1,300.00 to $1,400.00 and gave the company an “equal weight” rating in a research note on Monday. Finally, Oppenheimer raised their price objective on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $1,286.62.

W.W. Grainger Trading Up 0.8%

Shares of GWW stock opened at $1,322.16 on Tuesday. W.W. Grainger, Inc. has a fifty-two week low of $906.52 and a fifty-two week high of $1,419.91. The stock’s fifty day moving average price is $1,344.88 and its two-hundred day moving average price is $1,231.64. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81. The company has a market cap of $62.27 billion, a PE ratio of 33.71, a P/E/G ratio of 2.33 and a beta of 1.04.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $4.96 billion. During the same quarter in the previous year, the firm earned $9.97 EPS. W.W. Grainger’s revenue 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 analysts predict that W.W. Grainger, Inc. will post 46.1 EPS 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. Shareholders of record on Monday, August 10th will be given a $2.49 dividend. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Monday, August 10th. W.W. Grainger’s payout ratio is currently 25.40%.

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.