845 Shares in W.W. Grainger, Inc. $GWW Purchased by Applied Finance Capital Management LLC

Applied Finance Capital Management LLC bought a new stake in shares of W.W. Grainger, Inc. (NYSE:GWW) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 845 shares of the industrial products company’s stock, valued at approximately $879,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Fiduciary Alliance LLC purchased a new position in W.W. Grainger during the 2nd quarter valued at about $274,000. Pure Financial Advisors LLC purchased a new position in W.W. Grainger during the 2nd quarter valued at about $287,000. J. Safra Sarasin Holding AG grew its stake in W.W. Grainger by 128.8% during the 2nd quarter. J. Safra Sarasin Holding AG now owns 2,128 shares of the industrial products company’s stock valued at $2,214,000 after acquiring an additional 1,198 shares in the last quarter. Focus Partners Wealth grew its stake in W.W. Grainger by 7.5% during the 1st quarter. Focus Partners Wealth now owns 15,989 shares of the industrial products company’s stock valued at $15,795,000 after acquiring an additional 1,120 shares in the last quarter. Finally, Golden State Wealth Management LLC grew its stake in W.W. Grainger by 1,685.7% during the 1st quarter. Golden State Wealth Management LLC now owns 125 shares of the industrial products company’s stock valued at $123,000 after acquiring an additional 118 shares in the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Insider Transactions at W.W. Grainger

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of the company’s stock in a transaction that occurred 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 $1,758,355.06. This represents a 22.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 6.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on GWW shares. Royal Bank Of Canada lowered their target price on W.W. Grainger from $1,176.00 to $1,007.00 and set a “sector perform” rating on the stock in a research note on Monday, August 4th. Barclays assumed coverage on W.W. Grainger in a report on Wednesday, October 8th. They set an “underweight” rating and a $963.00 price target for the company. JPMorgan Chase & Co. lifted their price target on W.W. Grainger from $1,035.00 to $1,050.00 and gave the company a “neutral” rating in a report on Wednesday. Morgan Stanley reduced their price target on W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating for the company in a report on Friday, July 11th. Finally, Loop Capital reduced their price target on W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating for the company in a report on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, W.W. Grainger presently has an average rating of “Hold” and a consensus target price of $1,053.71.

W.W. Grainger Stock Up 0.2%

Shares of W.W. Grainger stock opened at $956.36 on Friday. The stock has a market capitalization of $45.74 billion, a P/E ratio of 24.27, a PEG ratio of 2.78 and a beta of 1.17. The company has a quick ratio of 1.64, a current ratio of 2.82 and a debt-to-equity ratio of 0.57. The stock has a 50 day moving average price of $982.04 and a two-hundred day moving average price of $1,015.00. 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 announced 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). The company had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $4.52 billion. W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the previous year, the company earned $9.76 EPS. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. Equities analysts expect 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. Shareholders of record on Monday, August 11th were given a dividend of $2.26 per share. The ex-dividend date of this dividend was Monday, August 11th. This represents a $9.04 dividend on an annualized basis and a yield of 0.9%. W.W. Grainger’s dividend payout ratio is presently 22.94%.

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.