PDS Planning Inc Has $540,000 Position in W.W. Grainger, Inc. $GWW

PDS Planning Inc boosted its position in W.W. Grainger, Inc. (NYSE:GWW) by 4.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 519 shares of the industrial products company’s stock after purchasing an additional 24 shares during the period. PDS Planning Inc’s holdings in W.W. Grainger were worth $540,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of GWW. N.E.W. Advisory Services LLC acquired a new stake in shares of W.W. Grainger in the first quarter valued at about $25,000. Hilltop National Bank acquired a new stake in shares of W.W. Grainger in the second quarter valued at about $25,000. Brown Lisle Cummings Inc. increased its stake in shares of W.W. Grainger by 316.7% in 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. acquired a new stake in shares of W.W. Grainger in the first quarter valued at about $28,000. Finally, Grove Bank & Trust increased its stake in shares of W.W. Grainger by 52.6% in 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. Institutional investors and hedge funds own 80.70% of the company’s stock.

Insider Transactions at W.W. Grainger

In other W.W. Grainger 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 value of $496,430.00. Following the transaction, the senior vice president owned 1,771 shares in the company, valued at approximately $1,758,355.06. This represents a 22.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 6.10% of the company’s stock.

W.W. Grainger Stock Down 2.3%

Shares of NYSE:GWW opened at $946.61 on Friday. The business’s 50 day simple moving average is $981.31 and its two-hundred day simple moving average is $1,016.34. The firm has a market cap of $45.28 billion, a P/E ratio of 24.02, a PEG ratio of 2.75 and a beta of 1.17. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.64 and a current ratio of 2.82. 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) last announced its quarterly earnings results on Friday, August 1st. The industrial products company reported $9.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.07 by ($0.10). The firm 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 firm’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $9.76 EPS. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. As a group, research analysts forecast that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on GWW. 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 for the company 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 for the company in a research note on Friday, July 11th. Barclays assumed coverage on W.W. Grainger in a research note on Wednesday. They issued an “underweight” rating and a $963.00 price target for the company. Loop Capital decreased their target price on W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating for the company in a research note on Monday, August 4th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of W.W. Grainger in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, W.W. Grainger has an average rating of “Hold” and a consensus price target of $1,073.88.

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.