W.W. Grainger, Inc. $GWW Shares Purchased by DeDora Capital Inc.

DeDora Capital Inc. increased its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW) by 3.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 556 shares of the industrial products company’s stock after acquiring an additional 16 shares during the quarter. DeDora Capital Inc.’s holdings in W.W. Grainger were worth $578,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GWW. Hilltop National Bank acquired a new position in W.W. Grainger in the 2nd quarter valued at about $25,000. N.E.W. Advisory Services LLC acquired a new position in W.W. Grainger in the 1st quarter valued at about $25,000. Brown Lisle Cummings Inc. boosted its holdings in W.W. Grainger by 316.7% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 19 shares during the last quarter. Nova Wealth Management Inc. acquired a new position in W.W. Grainger in the 1st quarter valued at about $28,000. Finally, Grove Bank & Trust boosted its holdings in W.W. Grainger by 52.6% in the 2nd quarter. Grove Bank & Trust now owns 29 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 10 shares during the last quarter. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, SVP Jonny M. Leroy sold 500 shares of the company’s stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $992.86, for a total transaction of $496,430.00. Following the sale, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 6.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

GWW has been the topic of several recent analyst reports. Morgan Stanley decreased their target price on shares of W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating on the stock in a report on Friday, July 11th. JPMorgan Chase & Co. boosted their target price on shares of W.W. Grainger from $1,035.00 to $1,050.00 and gave the company a “neutral” rating in a report on Wednesday. Barclays assumed coverage on shares of W.W. Grainger in a report on Wednesday, October 8th. They issued an “underweight” rating and a $963.00 target price on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of W.W. Grainger in a research note on Wednesday, October 8th. Finally, Loop Capital reduced their price target on shares of 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. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, W.W. Grainger presently has an average rating of “Hold” and a consensus target price of $1,053.71.

W.W. Grainger Price Performance

W.W. Grainger stock opened at $956.36 on Friday. The company’s 50 day simple moving average is $982.04 and its 200-day simple moving average is $1,015.05. The company has a market capitalization of $45.74 billion, a price-to-earnings ratio of 24.27, a price-to-earnings-growth ratio of 2.78 and a beta of 1.17. W.W. Grainger, Inc. has a 1 year low of $893.99 and a 1 year high of $1,227.66. 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 (NYSE:GWW) last announced its earnings results on Friday, August 1st. The industrial products company reported $9.97 earnings per share for the quarter, missing the consensus estimate of $10.07 by ($0.10). W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The business had revenue of $4.55 billion for the quarter, compared to analysts’ expectations of $4.52 billion. During the same period in the previous year, the company earned $9.76 earnings per share. W.W. Grainger’s quarterly revenue was up 5.6% on a year-over-year basis. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. As a group, equities research analysts expect that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 1st. Investors of record on Monday, August 11th were paid a dividend of $2.26 per share. This represents a $9.04 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Monday, August 11th. W.W. Grainger’s dividend payout ratio is presently 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.