Yousif Capital Management LLC Purchases 395 Shares of W.W. Grainger, Inc. $GWW

Yousif Capital Management LLC boosted its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 2.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,263 shares of the industrial products company’s stock after acquiring an additional 395 shares during the quarter. Yousif Capital Management LLC’s holdings in W.W. Grainger were worth $14,837,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Nuveen LLC bought a new position in shares of W.W. Grainger during the first quarter valued at approximately $285,574,000. JPMorgan Chase & Co. lifted its holdings in W.W. Grainger by 10.1% during the first quarter. JPMorgan Chase & Co. now owns 822,411 shares of the industrial products company’s stock worth $812,403,000 after buying an additional 75,644 shares during the period. Kodai Capital Management LP purchased a new stake in W.W. Grainger during the first quarter worth $67,601,000. Interval Partners LP lifted its holdings in W.W. Grainger by 1,429.9% during the first quarter. Interval Partners LP now owns 67,957 shares of the industrial products company’s stock worth $67,130,000 after buying an additional 63,515 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in shares of W.W. Grainger by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 5,388,378 shares of the industrial products company’s stock valued at $5,322,801,000 after purchasing an additional 57,690 shares during the last quarter. 80.70% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

GWW has been the subject of several analyst reports. Royal Bank Of Canada decreased their price objective on W.W. Grainger from $1,176.00 to $1,007.00 and set a “sector perform” rating for the company in a report on Monday, August 4th. Morgan Stanley cut 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. Barclays started coverage on W.W. Grainger in a research report on Wednesday, October 8th. They set an “underweight” rating and a $963.00 target price on the stock. JPMorgan Chase & Co. dropped their target price on W.W. Grainger from $1,125.00 to $1,035.00 and set a “neutral” rating on the stock in a research report on Thursday, September 4th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of W.W. Grainger in a research note on Wednesday, October 8th. One 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $1,073.88.

W.W. Grainger Stock Down 2.3%

GWW stock opened at $946.61 on Monday. The firm has a market cap of $45.28 billion, a PE 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. The firm’s 50 day moving average price is $981.31 and its 200-day moving average price is $1,016.55. W.W. Grainger, Inc. has a one year low of $893.99 and a one year high of $1,227.66.

W.W. Grainger (NYSE:GWW) last released its quarterly 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 firm 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 quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $9.76 EPS. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. On average, equities research analysts anticipate that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

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

Insider Transactions at W.W. Grainger

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of the business’s 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 sale, the senior vice president owned 1,771 shares of the company’s stock, valued at $1,758,355.06. The trade was a 22.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.10% of the stock is currently owned by insiders.

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.