W.W. Grainger, Inc. $GWW Shares Bought by ING Groep NV

ING Groep NV increased its position in W.W. Grainger, Inc. (NYSE:GWW) by 103.2% during the third quarter, Holdings Channel reports. The fund owned 11,689 shares of the industrial products company’s stock after purchasing an additional 5,937 shares during the quarter. ING Groep NV’s holdings in W.W. Grainger were worth $11,139,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Quaker Wealth Management LLC grew its position in W.W. Grainger by 196.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 24 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 49 shares during the last quarter. Loomis Sayles & Co. L P bought a new stake in shares of W.W. Grainger during the second quarter valued at approximately $27,000. Asset Dedication LLC boosted its position in shares of W.W. Grainger by 136.4% during the second quarter. Asset Dedication LLC now owns 26 shares of the industrial products company’s stock worth $27,000 after buying an additional 15 shares during the period. Accredited Investors Inc. bought a new position in W.W. Grainger in the 3rd quarter worth approximately $25,000. Finally, Tobam grew its holdings in W.W. Grainger by 3,900.0% in the 2nd quarter. Tobam now owns 40 shares of the industrial products company’s stock worth $42,000 after buying an additional 39 shares in the last quarter. 80.70% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Morgan Stanley cut their target price on W.W. Grainger from $1,150.00 to $1,100.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 25th. Oppenheimer lifted their price objective on shares of W.W. Grainger from $1,250.00 to $1,300.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. JPMorgan Chase & Co. upped their price objective on shares of W.W. Grainger from $1,100.00 to $1,165.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Sanford C. Bernstein began coverage on shares of W.W. Grainger in a research report on Wednesday, November 12th. They issued a “market perform” rating and a $975.00 target price for the company. Finally, Barclays boosted their price target on shares of W.W. Grainger from $963.00 to $975.00 and gave the stock an “underweight” rating in a research report on Friday, November 7th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $1,060.13.

Insider Buying and Selling

In other W.W. Grainger news, VP Krantz Nancy L. Berardinelli sold 195 shares of W.W. Grainger stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $1,023.93, for a total value of $199,666.35. Following the transaction, the vice president owned 3,174 shares in the company, valued at approximately $3,249,953.82. The trade was a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Donald G. Macpherson sold 12,163 shares of the company’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $972.57, for a total value of $11,829,368.91. Following the completion of the transaction, the chief executive officer directly owned 103,885 shares in the company, valued at $101,035,434.45. This represents a 10.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 26,881 shares of company stock valued at $26,157,155 over the last 90 days. 6.10% of the stock is currently owned by insiders.

W.W. Grainger Trading Up 1.2%

Shares of W.W. Grainger stock opened at $1,202.12 on Thursday. The business has a fifty day simple moving average of $1,053.04 and a 200-day simple moving average of $1,000.01. W.W. Grainger, Inc. has a fifty-two week low of $893.99 and a fifty-two week high of $1,208.28. The firm has a market cap of $57.16 billion, a price-to-earnings ratio of 33.97, a price-to-earnings-growth ratio of 2.49 and a beta of 1.10. 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 issued its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $9.44 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 business had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $4.39 billion. During the same quarter last year, the firm posted $9.71 earnings per share. W.W. Grainger’s revenue was up 4.5% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. On average, equities analysts forecast that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

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

W.W. Grainger 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.