Strengthening Families & Communities LLC Decreases Stake in W.W. Grainger, Inc. $GWW

Strengthening Families & Communities LLC reduced its stake in W.W. Grainger, Inc. (NYSE:GWW) by 43.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41 shares of the industrial products company’s stock after selling 32 shares during the period. Strengthening Families & Communities LLC’s holdings in W.W. Grainger were worth $41,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of GWW. N.E.W. Advisory Services LLC purchased a new position in shares of W.W. Grainger during the first quarter valued at approximately $25,000. Hilltop National Bank purchased a new position in shares of W.W. Grainger during the second quarter valued at approximately $25,000. Brown Lisle Cummings Inc. increased its stake in shares of W.W. Grainger by 316.7% during the second quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company’s stock valued at $26,000 after buying an additional 19 shares during the period. Nova Wealth Management Inc. purchased a new position in shares of W.W. Grainger during the first quarter valued at approximately $28,000. Finally, Grove Bank & Trust increased its stake in shares of W.W. Grainger by 52.6% during the second quarter. Grove Bank & Trust now owns 29 shares of the industrial products company’s stock valued at $30,000 after buying an additional 10 shares during the period. 80.70% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

GWW has been the topic of several research analyst reports. Barclays started coverage on W.W. Grainger in a research note on Wednesday. They set an “underweight” rating and a $963.00 target price on the stock. Loop Capital dropped 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 report on Monday, August 4th. Weiss Ratings restated a “buy (b)” rating on shares of W.W. Grainger in a research report on Wednesday. Morgan Stanley dropped 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 report on Friday, July 11th. Finally, Royal Bank Of Canada dropped 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 report on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, W.W. Grainger presently has an average rating of “Hold” and an average target price of $1,073.88.

W.W. Grainger Trading Down 2.3%

W.W. Grainger stock opened at $946.61 on Friday. The company has a current ratio of 2.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.57. The business’s fifty day simple moving average is $981.31 and its two-hundred day simple moving average is $1,016.15. W.W. Grainger, Inc. has a 12 month low of $893.99 and a 12 month high of $1,227.66. The company has a market capitalization of $45.28 billion, a price-to-earnings ratio of 24.02, a price-to-earnings-growth ratio of 2.81 and a beta of 1.17.

W.W. Grainger (NYSE:GWW) last released its earnings results 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 during the quarter, compared to the consensus estimate of $4.52 billion. W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The company’s revenue was up 5.6% compared to the same quarter last year. During the same period last year, the firm posted $9.76 earnings per share. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. As a group, equities analysts predict that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 1st. Stockholders of record on Monday, August 11th were issued a dividend of $2.26 per share. This represents a $9.04 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, August 11th. W.W. Grainger’s dividend payout ratio is presently 22.94%.

Insider Activity

In other news, SVP Jonny M. Leroy sold 500 shares of the company’s stock in a transaction 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 transaction, the senior vice president directly owned 1,771 shares of the company’s stock, valued at $1,758,355.06. This represents a 22.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 6.10% of the stock is currently owned by insiders.

W.W. Grainger 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.