Hsbc Holdings PLC Purchases 12,250 Shares of W.W. Grainger, Inc. $GWW

Hsbc Holdings PLC increased its position in W.W. Grainger, Inc. (NYSE:GWW) by 9.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 144,596 shares of the industrial products company’s stock after acquiring an additional 12,250 shares during the quarter. Hsbc Holdings PLC’s holdings in W.W. Grainger were worth $157,632,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Whipplewood Advisors LLC bought a new position in shares of W.W. Grainger in the first quarter worth about $96,000. Kestra Advisory Services LLC boosted its stake in W.W. Grainger by 1.7% during the 1st quarter. Kestra Advisory Services LLC now owns 4,682 shares of the industrial products company’s stock valued at $5,108,000 after purchasing an additional 76 shares during the period. Granite Investment Partners LLC boosted its stake in W.W. Grainger by 11.8% during the 1st quarter. Granite Investment Partners LLC now owns 3,934 shares of the industrial products company’s stock valued at $4,291,000 after purchasing an additional 415 shares during the period. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new stake in W.W. Grainger in the 1st quarter valued at approximately $192,000. Finally, Personal CFO Solutions LLC increased its position in W.W. Grainger by 30.4% in the 1st quarter. Personal CFO Solutions LLC now owns 352 shares of the industrial products company’s stock worth $384,000 after buying an additional 82 shares during the period. Institutional investors and hedge funds own 80.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on GWW. Stephens lowered W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price target for the company. in a report on Tuesday, July 14th. Sanford C. Bernstein raised their price objective on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a “market perform” rating in a research note on Tuesday, April 21st. Barclays dropped their target price on shares of W.W. Grainger from $1,171.00 to $1,166.00 and set an “underweight” rating on the stock in a research report on Tuesday, June 23rd. Royal Bank Of Canada upped their target price on shares of W.W. Grainger from $1,337.00 to $1,460.00 and gave the company a “sector perform” rating in a research note on Thursday. Finally, Weiss Ratings raised shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $1,230.11.

W.W. Grainger Price Performance

Shares of GWW stock opened at $1,392.73 on Friday. The stock has a 50 day moving average of $1,312.23 and a two-hundred day moving average of $1,178.69. The company has a current ratio of 2.69, a quick ratio of 1.60 and a debt-to-equity ratio of 0.55. 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 capitalization of $65.75 billion, a P/E ratio of 37.46, a P/E/G ratio of 2.57 and a beta of 1.03.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings data on Thursday, May 7th. The industrial products company reported $11.65 earnings per share for the quarter, topping the consensus estimate of $10.21 by $1.44. The company had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.58 billion. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.W.W. Grainger’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter last year, the firm earned $9.86 EPS. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. As a group, equities analysts expect that W.W. Grainger, Inc. will post 45.46 EPS for the current year.

W.W. Grainger Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 11th were paid a dividend of $2.49 per share. This is an increase from W.W. Grainger’s previous quarterly dividend of $2.26. This represents a $9.96 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Monday, May 11th. W.W. Grainger’s dividend payout ratio is presently 26.79%.

Insiders Place Their Bets

In other news, SVP Jonny M. Leroy sold 854 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,231.06, for a total transaction of $1,051,325.24. Following the completion of the transaction, the senior vice president directly owned 1,554 shares of the company’s stock, valued at approximately $1,913,067.24. This trade represents a 35.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Paige K. Robbins sold 1,457 shares of W.W. Grainger stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,232.29, for a total transaction of $1,795,446.53. Following the sale, the vice president owned 2,232 shares in the company, valued at approximately $2,750,471.28. This trade represents a 39.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,624 shares of company stock worth $3,232,291 over the last 90 days. Corporate insiders own 6.30% of the company’s stock.

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.