Integrated Advisors Network LLC Purchases Shares of 594 W.W. Grainger, Inc. $GWW

Integrated Advisors Network LLC acquired a new position in shares of W.W. Grainger, Inc. (NYSE:GWW) during the 1st quarter, Holdings Channel reports. The fund acquired 594 shares of the industrial products company’s stock, valued at approximately $648,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in GWW. Mattern Capital Management LLC boosted its position in shares of W.W. Grainger by 4.8% in the fourth quarter. Mattern Capital Management LLC now owns 12,234 shares of the industrial products company’s stock worth $12,345,000 after acquiring an additional 563 shares during the last quarter. Banco BTG Pactual S.A. acquired a new position in W.W. Grainger during the fourth quarter worth approximately $1,048,000. Wealth Enhancement Advisory Services LLC increased its position in W.W. Grainger by 212.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 54,215 shares of the industrial products company’s stock worth $55,795,000 after purchasing an additional 36,855 shares during the last quarter. SG Americas Securities LLC raised its stake in W.W. Grainger by 160.6% during the fourth quarter. SG Americas Securities LLC now owns 68,139 shares of the industrial products company’s stock worth $68,756,000 after purchasing an additional 41,990 shares during the period. Finally, Merit Financial Group LLC raised its stake in W.W. Grainger by 72.3% during the fourth quarter. Merit Financial Group LLC now owns 2,353 shares of the industrial products company’s stock worth $2,374,000 after purchasing an additional 987 shares during the period. Hedge funds and other institutional investors own 80.70% of the company’s stock.

W.W. Grainger Price Performance

Shares of NYSE GWW opened at $1,363.25 on Friday. The company has a market capitalization of $64.36 billion, a price-to-earnings ratio of 36.67, a PEG ratio of 2.49 and a beta of 1.03. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.60. W.W. Grainger, Inc. has a 1-year low of $906.52 and a 1-year high of $1,390.96. The business has a 50-day moving average of $1,287.74 and a 200-day moving average of $1,164.73.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings results on Thursday, May 7th. The industrial products company reported $11.65 EPS for the quarter, topping the consensus estimate of $10.21 by $1.44. The firm had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.58 billion. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.W.W. Grainger’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period in the previous year, the company posted $9.86 EPS. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. On average, equities analysts anticipate that W.W. Grainger, Inc. will post 45.47 EPS for the current fiscal year.

W.W. Grainger Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 11th were given a dividend of $2.49 per share. The ex-dividend date of this dividend was Monday, May 11th. This is an increase from W.W. Grainger’s previous quarterly dividend of $2.26. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.7%. W.W. Grainger’s dividend payout ratio is presently 26.79%.

Insider Activity

In other news, VP Laurie R. Thomson sold 313 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $1,231.69, for a total value of $385,518.97. Following the completion of the transaction, the vice president directly owned 399 shares in the company, valued at approximately $491,444.31. This represents a 43.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jonny M. Leroy sold 854 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $1,231.06, for a total transaction of $1,051,325.24. Following the sale, the senior vice president directly owned 1,554 shares of the company’s stock, valued at approximately $1,913,067.24. The trade was a 35.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 2,624 shares of company stock worth $3,232,291. 6.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

GWW has been the subject of several research reports. DA Davidson initiated coverage on shares of W.W. Grainger in a research note on Tuesday, June 16th. They set a “neutral” rating and a $1,250.00 price objective for the company. Morgan Stanley increased their target price on W.W. Grainger from $1,190.00 to $1,300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 27th. Wolfe Research upgraded W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday. Barclays dropped their price target on W.W. Grainger from $1,171.00 to $1,166.00 and set an “underweight” rating for the company in a research note on Tuesday, June 23rd. Finally, Royal Bank Of Canada raised their price objective on W.W. Grainger from $1,170.00 to $1,337.00 and gave the stock a “sector perform” rating in a report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $1,216.44.

About W.W. Grainger

W.W. Grainger, Inc (NYSE: GWW) is an industrial supply distributor founded in 1927 and headquartered in Lake Forest, Illinois. The company supplies maintenance, repair and operations (MRO) products and services to businesses, institutions and government customers. Over its long history Grainger has developed a broad product assortment and a national distribution network that supports operations across a range of end markets, including manufacturing, healthcare, hospitality, transportation and public sector organizations.

Grainger’s product portfolio spans core categories such as electrical and lighting, safety and personal protective equipment, material handling, motors and power transmission, plumbing and HVAC, fasteners and adhesives, hand and power tools, and janitorial and facility supplies.