California State Teachers Retirement System reduced its stake in W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 2.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,064 shares of the industrial products company’s stock after selling 1,748 shares during the period. California State Teachers Retirement System’s holdings in W.W. Grainger were worth $77,517,000 as of its most recent SEC filing.
Several other institutional investors also recently made changes to their positions in the stock. Miller Capital Partners Inc. acquired a new stake in shares of W.W. Grainger during the 4th quarter worth approximately $26,000. MV Capital Management Inc. acquired a new position in W.W. Grainger during the 4th quarter valued at approximately $28,000. Elyxium Wealth LLC acquired a new position in W.W. Grainger during the 4th quarter valued at approximately $30,000. Caitlin John LLC acquired a new stake in W.W. Grainger in the fourth quarter worth $35,000. Finally, Harbor Investment Advisory LLC increased its position in W.W. Grainger by 34.5% in the first quarter. Harbor Investment Advisory LLC now owns 39 shares of the industrial products company’s stock worth $43,000 after buying an additional 10 shares during the period. 80.70% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several brokerages have recently issued reports on GWW. Wolfe Research raised shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. DA Davidson began coverage on shares of W.W. Grainger in a report on Tuesday, June 16th. They issued a “neutral” rating and a $1,250.00 price objective on the stock. Morgan Stanley increased their price objective on shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 27th. Sanford C. Bernstein lifted their price objective on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the company a “market perform” rating in a research report on Tuesday, April 21st. Finally, Barclays reduced their target price on shares of W.W. Grainger from $1,171.00 to $1,166.00 and set an “underweight” rating for the company in a research note on Tuesday, June 23rd. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, W.W. Grainger currently has a consensus rating of “Hold” and an average price target of $1,230.11.
W.W. Grainger Trading Down 0.3%
Shares of GWW stock opened at $1,355.00 on Friday. W.W. Grainger, Inc. has a 1 year low of $906.52 and a 1 year high of $1,419.91. The firm has a market capitalization of $63.97 billion, a PE ratio of 36.44, a price-to-earnings-growth ratio of 2.51 and a beta of 1.03. The stock has a fifty day moving average of $1,333.72 and a two-hundred day moving average of $1,202.17. 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 – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The industrial products company reported $11.65 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same period last year, the company earned $9.86 earnings per share. The company’s quarterly revenue 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, research analysts expect that W.W. Grainger, Inc. will post 45.46 EPS for the current year.
W.W. Grainger Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th will be paid a dividend of $2.49 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $9.96 annualized dividend and a yield of 0.7%. W.W. Grainger’s dividend payout ratio (DPR) is presently 26.79%.
Insider Buying and Selling at W.W. Grainger
In other W.W. Grainger news, SVP Jonny M. Leroy sold 854 shares of the business’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 sale, the senior vice president directly owned 1,554 shares in the company, valued at approximately $1,913,067.24. The trade was a 35.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Laurie R. Thomson sold 313 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $1,231.69, for a total transaction of $385,518.97. Following the completion of the sale, the vice president directly owned 399 shares of the company’s stock, valued at approximately $491,444.31. This represents a 43.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 2,624 shares of company stock valued at $3,232,291. Company 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.
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