Simplicity Wealth LLC Invests $891,000 in W.W. Grainger, Inc. $GWW

Simplicity Wealth LLC purchased a new position in W.W. Grainger, Inc. (NYSE:GWW) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 655 shares of the industrial products company’s stock, valued at approximately $891,000.

Several other institutional investors and hedge funds have also bought and sold shares of GWW. Trivium Point Advisory LLC purchased a new position in shares of W.W. Grainger in the 2nd quarter valued at approximately $555,000. HBK Sorce Advisory LLC purchased a new stake in W.W. Grainger in the second quarter worth $1,988,000. Horizon Investment Services LLC purchased a new stake in W.W. Grainger in the second quarter worth $805,000. Global Retirement Partners LLC bought a new position in W.W. Grainger in the second quarter worth $2,051,000. Finally, 1ST Source Bank bought a new position in W.W. Grainger in the second quarter worth $1,722,000. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

W.W. Grainger Price Performance

Shares of NYSE GWW opened at $1,322.34 on Monday. The company has a 50 day moving average of $1,345.39 and a 200 day moving average of $1,222.27. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. W.W. Grainger, Inc. has a twelve month low of $906.52 and a twelve month high of $1,419.91. The firm has a market cap of $62.28 billion, a P/E ratio of 33.72, a PEG ratio of 2.35 and a beta of 1.04.

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 analysts’ consensus estimates of $11.30 by $0.71. The business had revenue of $5.02 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter 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, research analysts expect that W.W. Grainger, Inc. will post 46.14 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

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 $2.49 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $9.96 annualized dividend and a dividend yield of 0.8%. W.W. Grainger’s payout ratio is presently 25.40%.

Analyst Upgrades and Downgrades

GWW has been the subject of several research reports. Wolfe Research upgraded shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note 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. Oppenheimer upped their price objective on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Stephens downgraded shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 target price for the company. in a research note on Tuesday, July 14th. Finally, Royal Bank Of Canada lowered their target price on shares of W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating for the company in a report on Wednesday, August 5th. Two equities research 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’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $1,274.12.

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.