Heartland Bank & Trust Co Takes $567,000 Position in W.W. Grainger, Inc. $GWW

Heartland Bank & Trust Co 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 Securities and Exchange Commission. The firm bought 417 shares of the industrial products company’s stock, valued at approximately $567,000.

Other hedge funds have also added to or reduced their stakes in the company. Miller Capital Partners Inc. purchased a new stake in W.W. Grainger during the fourth quarter valued at about $26,000. MV Capital Management Inc. bought a new stake in shares of W.W. Grainger in the 4th quarter valued at about $28,000. Elyxium Wealth LLC bought a new stake in shares of W.W. Grainger in the 4th quarter valued at about $30,000. Elevation Wealth Partners LLC boosted its holdings in W.W. Grainger by 420.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 21 shares during the period. Finally, Caitlin John LLC purchased a new stake in W.W. Grainger during the 4th quarter valued at about $35,000. 80.70% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

GWW has been the topic of a number of analyst reports. Morgan Stanley lifted their price target on W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 27th. Wolfe Research upgraded shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Wall Street Zen raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Barclays upped their price target on shares of W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a report on Tuesday, August 11th. Finally, Oppenheimer increased their price target on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $1,274.12.

W.W. Grainger Stock Up 0.9%

Shares of W.W. Grainger stock opened at $1,312.12 on Friday. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53. W.W. Grainger, Inc. has a 12-month low of $906.52 and a 12-month high of $1,419.91. The company has a market cap of $61.80 billion, a P/E ratio of 33.46, a PEG ratio of 2.31 and a beta of 1.04. The company’s fifty day simple moving average is $1,344.74 and its two-hundred day simple moving average is $1,229.54.

W.W. Grainger (NYSE:GWW) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, topping the consensus estimate of $11.30 by $0.71. The firm had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.96 billion. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period last year, the company posted $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Research analysts anticipate that W.W. Grainger, Inc. will post 46.1 EPS for the current year.

W.W. Grainger Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th will be issued a $2.49 dividend. The ex-dividend date is Monday, August 10th. This represents a $9.96 annualized dividend and a yield of 0.8%. W.W. Grainger’s dividend payout ratio (DPR) is 25.40%.

About W.W. Grainger

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.