BI Asset Management Fondsmaeglerselskab A S Has $14.21 Million Stock Position in W.W. Grainger, Inc. $GWW

BI Asset Management Fondsmaeglerselskab A S reduced its position in W.W. Grainger, Inc. (NYSE:GWW) by 37.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,907 shares of the industrial products company’s stock after selling 8,767 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in W.W. Grainger were worth $14,206,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Savant Capital LLC increased its holdings in W.W. Grainger by 16.4% in the third quarter. Savant Capital LLC now owns 3,020 shares of the industrial products company’s stock worth $2,878,000 after buying an additional 426 shares during the last quarter. Hantz Financial Services Inc. grew its position in W.W. Grainger by 2.6% in the third quarter. Hantz Financial Services Inc. now owns 5,102 shares of the industrial products company’s stock worth $4,862,000 after acquiring an additional 128 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of W.W. Grainger by 2.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 109,723 shares of the industrial products company’s stock worth $104,562,000 after purchasing an additional 2,548 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in shares of W.W. Grainger by 5.1% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 1,887 shares of the industrial products company’s stock valued at $1,798,000 after purchasing an additional 91 shares in the last quarter. Finally, Premier Path Wealth Partners LLC lifted its stake in shares of W.W. Grainger by 2.4% in the 3rd quarter. Premier Path Wealth Partners LLC now owns 732 shares of the industrial products company’s stock valued at $698,000 after purchasing an additional 17 shares during the last quarter. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other W.W. Grainger news, VP Krantz Nancy L. Berardinelli sold 195 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $1,023.93, for a total value of $199,666.35. Following the completion of the sale, the vice president owned 3,174 shares in the company, valued at approximately $3,249,953.82. This trade represents a 5.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Donald G. Macpherson sold 12,163 shares of W.W. Grainger stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $972.57, for a total value of $11,829,368.91. Following the sale, the chief executive officer directly owned 103,885 shares in the company, valued at $101,035,434.45. The trade was a 10.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 26,881 shares of company stock valued at $26,157,155. 6.10% of the stock is owned by corporate insiders.

W.W. Grainger Stock Performance

Shares of NYSE GWW opened at $1,183.04 on Friday. W.W. Grainger, Inc. has a 12 month low of $893.99 and a 12 month high of $1,204.36. The company has a market cap of $56.25 billion, a P/E ratio of 33.43, a P/E/G ratio of 2.96 and a beta of 1.10. The business’s 50 day moving average is $1,033.95 and its two-hundred day moving average is $996.05. The company has a quick ratio of 1.59, a current ratio of 2.83 and a debt-to-equity ratio of 0.57.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $9.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.46 by ($0.02). W.W. Grainger had a return on equity of 47.46% and a net margin of 9.51%.The company had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.39 billion. During the same quarter in the previous year, the business posted $9.71 EPS. The company’s revenue was up 4.5% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. On average, equities analysts expect that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Monday, February 9th will be given a dividend of $2.26 per share. The ex-dividend date of this dividend is Monday, February 9th. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.8%. W.W. Grainger’s dividend payout ratio is currently 25.54%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. raised their target price on W.W. Grainger from $1,045.00 to $1,100.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Oppenheimer raised their price objective on W.W. Grainger from $1,250.00 to $1,300.00 and gave the company an “outperform” rating in a research note on Wednesday. Sanford C. Bernstein started coverage on W.W. Grainger in a report on Wednesday, November 12th. They issued a “market perform” rating and a $975.00 target price for the company. Barclays increased their price target on W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a report on Friday, November 7th. Finally, Royal Bank Of Canada boosted their price objective on shares of W.W. Grainger from $1,006.00 to $1,050.00 and gave the stock a “sector perform” rating in a research note on Monday, November 3rd. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $1,052.00.

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.