Metis Global Partners LLC Sells 114 Shares of W.W. Grainger, Inc. $GWW

Metis Global Partners LLC reduced its position in W.W. Grainger, Inc. (NYSE:GWW) by 4.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 2,594 shares of the industrial products company’s stock after selling 114 shares during the period. Metis Global Partners LLC’s holdings in W.W. Grainger were worth $2,698,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Fiduciary Alliance LLC acquired a new stake in W.W. Grainger during the 2nd quarter worth $274,000. Pure Financial Advisors LLC acquired a new position in W.W. Grainger in the second quarter valued at about $287,000. J. Safra Sarasin Holding AG increased its holdings in shares of W.W. Grainger by 128.8% in the second quarter. J. Safra Sarasin Holding AG now owns 2,128 shares of the industrial products company’s stock worth $2,214,000 after acquiring an additional 1,198 shares in the last quarter. Focus Partners Wealth raised its position in shares of W.W. Grainger by 7.5% during the first quarter. Focus Partners Wealth now owns 15,989 shares of the industrial products company’s stock worth $15,795,000 after purchasing an additional 1,120 shares during the period. Finally, Acadian Asset Management LLC lifted its holdings in shares of W.W. Grainger by 17.1% during the 1st quarter. Acadian Asset Management LLC now owns 206,593 shares of the industrial products company’s stock valued at $204,057,000 after purchasing an additional 30,208 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

Insider Activity at W.W. Grainger

In other news, SVP Jonny M. Leroy sold 500 shares of the business’s stock in a transaction dated Tuesday, September 9th. The shares were 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 in the company, valued at $1,758,355.06. The trade was a 22.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 6.10% of the stock is currently owned by company insiders.

W.W. Grainger Stock Performance

GWW opened at $955.71 on Monday. The business’s 50-day simple moving average is $973.73 and its 200 day simple moving average is $1,014.89. W.W. Grainger, Inc. has a 52-week low of $893.99 and a 52-week 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. The firm has a market capitalization of $45.44 billion, a PE ratio of 24.25, a PEG ratio of 2.79 and a beta of 1.17.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings results on Friday, October 31st. The industrial products company reported $10.21 earnings per share for the quarter, topping the consensus estimate of $9.95 by $0.26. The firm had revenue of $4.66 billion for the quarter, compared to analyst estimates of $4.64 billion. W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The business’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $9.87 EPS. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. As a group, sell-side analysts expect that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 10th will be paid a $2.26 dividend. The ex-dividend date is Monday, November 10th. This represents a $9.04 dividend on an annualized basis and a yield of 0.9%. W.W. Grainger’s dividend payout ratio (DPR) is currently 25.35%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on GWW shares. Weiss Ratings reissued a “buy (b-)” rating on shares of W.W. Grainger in a research note on Thursday, October 30th. Barclays increased their price objective on shares of W.W. Grainger from $963.00 to $975.00 and gave the stock an “underweight” rating in a research report on Friday. JPMorgan Chase & Co. boosted their price objective on shares of W.W. Grainger from $1,035.00 to $1,050.00 and gave the company a “neutral” rating in a research report on Wednesday, October 15th. Loop Capital lowered their target price on W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating for the company in a report on Monday, August 4th. Finally, Royal Bank Of Canada lifted their price target on W.W. Grainger from $1,006.00 to $1,050.00 and gave the company a “sector perform” rating in a research note on Monday, November 3rd. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $1,061.57.

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.