Caisse de depot et placement du Quebec Invests $178.56 Million in W.W. Grainger, Inc. $GWW

Caisse de depot et placement du Quebec acquired a new position in shares of W.W. Grainger, Inc. (NYSE:GWW) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 131,258 shares of the industrial products company’s stock, valued at approximately $178,563,000. Caisse de depot et placement du Quebec owned approximately 0.28% of W.W. Grainger at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of GWW. Miller Capital Partners Inc. bought a new position in shares of W.W. Grainger in the 4th quarter valued at about $26,000. MV Capital Management Inc. acquired a new position in shares of W.W. Grainger during the 4th quarter worth about $28,000. Elyxium Wealth LLC acquired a new position in shares of W.W. Grainger during the 4th quarter worth about $30,000. Elevation Wealth Partners LLC increased its stake in shares of W.W. Grainger by 420.0% in 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 last quarter. Finally, Caitlin John LLC bought a new stake in shares of W.W. Grainger in the 4th quarter valued at about $35,000. 80.70% of the stock is currently owned by institutional investors and hedge funds.

W.W. Grainger Stock Up 2.8%

Shares of GWW stock opened at $1,337.59 on Thursday. 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 quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. The firm has a fifty day moving average of $1,345.00 and a 200-day moving average of $1,233.47. The company has a market capitalization of $63.00 billion, a price-to-earnings ratio of 34.10, a P/E/G ratio of 2.32 and a beta of 1.04.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating the consensus estimate of $11.30 by $0.71. The business had revenue of $5.02 billion for 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 firm’s revenue was up 10.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, equities research analysts predict that W.W. Grainger, Inc. will post 46.1 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 10th will be issued a dividend of $2.49 per share. The ex-dividend date is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.7%. W.W. Grainger’s dividend payout ratio (DPR) is presently 25.40%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Morgan Stanley lifted their price objective on shares of W.W. Grainger from $1,300.00 to $1,400.00 and gave the stock an “equal weight” rating in a research note on Monday. Stephens lowered shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 target price on the stock. in a report on Tuesday, July 14th. Weiss Ratings raised shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. Oppenheimer boosted 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 report on Wednesday, August 5th. Finally, DA Davidson upped their price objective on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, W.W. Grainger currently has a consensus rating of “Hold” and an average target price of $1,286.62.

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.