Zions Bancorporation National Association UT Has $6.60 Million Holdings in W.W. Grainger, Inc. $GWW

Zions Bancorporation National Association UT grew its position in W.W. Grainger, Inc. (NYSE:GWW) by 7.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 6,545 shares of the industrial products company’s stock after acquiring an additional 465 shares during the quarter. Zions Bancorporation National Association UT’s holdings in W.W. Grainger were worth $6,604,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Ameriflex Group Inc. increased its position in W.W. Grainger by 211.1% in the 3rd quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 19 shares during the last quarter. Harbor Investment Advisory LLC increased its holdings in shares of W.W. Grainger by 314.3% during the 4th quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 22 shares during the last quarter. Elyxium Wealth LLC acquired a new position in shares of W.W. Grainger during the 4th quarter valued at about $30,000. State of Wyoming increased its holdings in shares of W.W. Grainger by 650.0% during the 2nd quarter. State of Wyoming now owns 45 shares of the industrial products company’s stock valued at $47,000 after acquiring an additional 39 shares during the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of W.W. Grainger during the 4th quarter valued at about $57,000. 80.70% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, VP Paige K. Robbins sold 1,457 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $1,232.29, for a total transaction of $1,795,446.53. Following the completion of the sale, the vice president owned 2,232 shares in the company, valued at $2,750,471.28. This represents a 39.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Laurie R. Thomson sold 313 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $1,231.69, for a total value of $385,518.97. Following the sale, the vice president owned 399 shares of the company’s stock, valued at approximately $491,444.31. The trade was a 43.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 6,451 shares of company stock worth $7,380,743 in the last 90 days. 6.30% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Wall Street Zen raised W.W. Grainger from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Morgan Stanley increased their price objective on W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an “equal weight” rating in a report on Wednesday, May 27th. Barclays increased their price objective on W.W. Grainger from $1,047.00 to $1,171.00 and gave the company an “underweight” rating in a report on Tuesday, May 12th. Sanford C. Bernstein increased their price objective on W.W. Grainger from $1,052.00 to $1,125.00 and gave the company a “market perform” rating in a report on Tuesday, April 21st. Finally, Stephens increased their price objective on W.W. Grainger from $1,300.00 to $1,355.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $1,212.88.

W.W. Grainger Stock Performance

Shares of NYSE GWW opened at $1,319.42 on Thursday. The business’s 50-day simple moving average is $1,204.10 and its 200-day simple moving average is $1,110.83. W.W. Grainger, Inc. has a 52 week low of $906.52 and a 52 week high of $1,349.74. The firm has a market cap of $62.29 billion, a price-to-earnings ratio of 35.49, a P/E/G ratio of 2.46 and a beta of 1.04. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.60 and a current ratio of 2.69.

W.W. Grainger (NYSE:GWW) last announced its earnings results on Thursday, May 7th. The industrial products company reported $11.65 earnings per share for the quarter, beating the consensus estimate of $10.21 by $1.44. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.The firm had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter in the prior year, the company earned $9.86 EPS. The firm’s revenue for the quarter was up 10.1% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. As a group, equities research analysts expect that W.W. Grainger, Inc. will post 45.34 earnings per share for the current fiscal year.

W.W. Grainger Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 11th were paid a dividend of $2.49 per share. This represents a $9.96 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, May 11th. This is a positive change from W.W. Grainger’s previous quarterly dividend of $2.26. W.W. Grainger’s dividend payout ratio is currently 26.79%.

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.