Cwm LLC Has $2.02 Million Holdings in W.W. Grainger, Inc. $GWW

Cwm LLC raised its position in W.W. Grainger, Inc. (NYSE:GWW) by 4.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,942 shares of the industrial products company’s stock after acquiring an additional 74 shares during the period. Cwm LLC’s holdings in W.W. Grainger were worth $2,020,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Nuveen LLC bought a new position in shares of W.W. Grainger in the first quarter valued at approximately $285,574,000. JPMorgan Chase & Co. lifted its holdings in shares of W.W. Grainger by 10.1% in the first quarter. JPMorgan Chase & Co. now owns 822,411 shares of the industrial products company’s stock valued at $812,403,000 after purchasing an additional 75,644 shares in the last quarter. Kodai Capital Management LP bought a new position in shares of W.W. Grainger in the first quarter valued at approximately $67,601,000. Interval Partners LP lifted its holdings in shares of W.W. Grainger by 1,429.9% in the first quarter. Interval Partners LP now owns 67,957 shares of the industrial products company’s stock valued at $67,130,000 after purchasing an additional 63,515 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of W.W. Grainger by 1.1% in the first quarter. Vanguard Group Inc. now owns 5,388,378 shares of the industrial products company’s stock valued at $5,322,801,000 after purchasing an additional 57,690 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

Analysts Set New Price Targets

GWW has been the topic of a number of recent research reports. Weiss Ratings restated a “buy (b)” rating on shares of W.W. Grainger in a report on Wednesday, October 8th. Barclays initiated coverage on W.W. Grainger in a report on Wednesday, October 8th. They issued an “underweight” rating and a $963.00 target price on the stock. Royal Bank Of Canada dropped 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 report on Monday, August 4th. Loop Capital dropped their target price on W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating on the stock in a report on Monday, August 4th. Finally, Morgan Stanley dropped their price target on W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating on the stock in a report on Friday, July 11th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, W.W. Grainger currently has an average rating of “Hold” and a consensus price target of $1,053.71.

W.W. Grainger Stock Performance

Shares of W.W. Grainger stock opened at $956.36 on Monday. The business’s fifty day simple moving average is $982.04 and its 200 day simple moving average is $1,015.35. The firm has a market capitalization of $45.74 billion, a P/E ratio of 24.27, a price-to-earnings-growth ratio of 2.78 and a beta of 1.17. W.W. Grainger, Inc. has a 12 month low of $893.99 and a 12 month high of $1,227.66. The company has a current ratio of 2.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.57.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings results on Friday, August 1st. The industrial products company reported $9.97 EPS for the quarter, missing analysts’ consensus estimates of $10.07 by ($0.10). The business 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 business’s revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the business posted $9.76 earnings per share. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. As a group, analysts anticipate that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 1st. Shareholders of record on Monday, August 11th were paid a $2.26 dividend. The ex-dividend date was Monday, August 11th. This represents a $9.04 annualized dividend and a dividend yield of 0.9%. W.W. Grainger’s payout ratio is presently 22.94%.

Insider Activity

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of the business’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total value of $496,430.00. Following the sale, the senior vice president directly owned 1,771 shares in the company, valued at $1,758,355.06. The trade was a 22.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 6.10% of the stock is currently owned by insiders.

About W.W. Grainger

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.