Valeo Financial Advisors LLC boosted its stake in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 45.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 442 shares of the industrial products company’s stock after buying an additional 138 shares during the period. Valeo Financial Advisors LLC’s holdings in W.W. Grainger were worth $460,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GWW. Brighton Jones LLC boosted its stake in W.W. Grainger by 46.8% during the fourth quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock worth $338,000 after buying an additional 102 shares during the last quarter. Park Avenue Securities LLC boosted its stake in W.W. Grainger by 15.9% during the first quarter. Park Avenue Securities LLC now owns 1,636 shares of the industrial products company’s stock worth $1,616,000 after buying an additional 224 shares during the last quarter. Capital Investment Advisors LLC boosted its stake in W.W. Grainger by 5.0% during the first quarter. Capital Investment Advisors LLC now owns 654 shares of the industrial products company’s stock worth $646,000 after buying an additional 31 shares during the last quarter. Harbor Capital Advisors Inc. boosted its stake in W.W. Grainger by 33.4% during the first quarter. Harbor Capital Advisors Inc. now owns 1,722 shares of the industrial products company’s stock worth $1,701,000 after buying an additional 431 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in W.W. Grainger by 2.2% during the first quarter. GAMMA Investing LLC now owns 701 shares of the industrial products company’s stock worth $692,000 after buying an additional 15 shares during the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the company. Loop Capital decreased their price target on W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating on the stock in a research note on Monday, August 4th. JPMorgan Chase & Co. decreased their price target on W.W. Grainger from $1,125.00 to $1,035.00 and set a “neutral” rating on the stock in a research note on Thursday, September 4th. Royal Bank Of Canada decreased their price target on W.W. Grainger from $1,176.00 to $1,007.00 and set a “sector perform” rating on the stock in a research note on Monday, August 4th. Morgan Stanley decreased their price target on W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating on the stock in a research note on Friday, July 11th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of W.W. Grainger in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, W.W. Grainger currently has a consensus rating of “Hold” and a consensus target price of $1,073.88.
Insider Activity
In other news, SVP Jonny M. Leroy sold 500 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total transaction of $496,430.00. Following the completion of the transaction, the senior vice president directly owned 1,771 shares of the company’s stock, valued at approximately $1,758,355.06. This represents a 22.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 6.10% of the company’s stock.
W.W. Grainger Stock Up 0.8%
GWW opened at $966.42 on Thursday. The business has a 50 day moving average price of $982.47 and a two-hundred day moving average price of $1,016.61. The company has a quick ratio of 1.64, a current ratio of 2.82 and a debt-to-equity ratio of 0.57. The company has a market cap of $46.22 billion, a PE ratio of 24.52, a P/E/G ratio of 2.78 and a beta of 1.17. W.W. Grainger, Inc. has a 52 week low of $893.99 and a 52 week high of $1,227.66.
W.W. Grainger (NYSE:GWW – Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The industrial products company reported $9.97 EPS for the quarter, missing the consensus estimate of $10.07 by ($0.10). The company had revenue of $4.55 billion for the quarter, compared to analysts’ expectations of $4.52 billion. W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. The firm’s revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the company earned $9.76 earnings per share. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. As a group, research analysts anticipate that W.W. Grainger, Inc. will post 40.3 EPS for the current year.
W.W. Grainger Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, September 1st. Stockholders of record on Monday, August 11th were paid a dividend of $2.26 per share. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Monday, August 11th. W.W. Grainger’s dividend payout ratio is 22.94%.
W.W. Grainger Company Profile
W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.
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