W.W. Grainger, Inc. (NYSE:GWW) Stock Has Average Target Price of $1,253.85 According to Analysts

Shares of W.W. Grainger, Inc. (NYSE:GWW) have been given a consensus recommendation of “Hold” by the thirteen research firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $1,253.85.

GWW has been the subject of a number of research analyst reports. Robert W. Baird lifted their target price on W.W. Grainger from $1,365.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Wall Street Zen raised W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. Royal Bank Of Canada cut their price target on W.W. Grainger from $1,428.00 to $1,427.00 and set a “sector perform” rating on the stock in a research note on Wednesday, October 14th. DA Davidson raised their price target on W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Finally, Stephens downgraded W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price objective for the company. in a report on Tuesday, July 14th.

W.W. Grainger Price Performance

W.W. Grainger stock opened at $1,359.16 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70. The stock has a market cap of $64.02 billion, a price-to-earnings ratio of 34.65, a price-to-earnings-growth ratio of 2.39 and a beta of 1.01. The firm has a 50-day moving average of $1,297.16 and a two-hundred day moving average of $1,229.04. W.W. Grainger has a 1 year low of $906.52 and a 1 year high of $1,419.91.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, beating the consensus estimate of $11.30 by $0.71. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The firm had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same quarter in the previous year, the firm posted $9.97 earnings per share. The company’s revenue was up 10.3% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, research analysts forecast that W.W. Grainger will post 46.31 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th were issued a dividend of $2.49 per share. This represents a $9.96 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, August 10th. W.W. Grainger’s dividend payout ratio is presently 25.40%.

Institutional Investors Weigh In On W.W. Grainger

Large investors have recently modified their holdings of the business. Bank of New York Mellon Corp purchased a new stake in W.W. Grainger during the second quarter worth $324,824,000. Assenagon Asset Management S.A. boosted its position in W.W. Grainger by 1,353.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 31,242 shares of the industrial products company’s stock valued at $42,502,000 after acquiring an additional 29,092 shares in the last quarter. NEOS Investment Management LLC increased its holdings in shares of W.W. Grainger by 15.2% in the 2nd quarter. NEOS Investment Management LLC now owns 6,816 shares of the industrial products company’s stock valued at $9,272,000 after acquiring an additional 899 shares during the period. Meeder Asset Management Inc. purchased a new position in shares of W.W. Grainger in the 2nd quarter valued at $11,591,000. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of W.W. Grainger by 79.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,764 shares of the industrial products company’s stock valued at $3,799,000 after acquiring an additional 1,664 shares during the period. Institutional investors own 80.70% of the company’s stock.

W.W. Grainger Company Profile

W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) supplies for businesses, government agencies and other organizations. Its product offerings include safety equipment, tools, fasteners, electrical and plumbing supplies, material-handling equipment, cleaning and janitorial products, HVAC supplies, and facility-maintenance products.

The company also provides services designed to help customers manage procurement and workplace operations, including product selection support, inventory-management programs, digital purchasing tools, and technical assistance.