Kinsale Capital Group Inc. Buys 400 Shares of W.W. Grainger, Inc. $GWW

Kinsale Capital Group Inc. increased its stake in W.W. Grainger, Inc. (NYSE:GWW) by 4.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 9,107 shares of the industrial products company’s stock after purchasing an additional 400 shares during the quarter. W.W. Grainger makes up 1.6% of Kinsale Capital Group Inc.’s investment portfolio, making the stock its 25th largest holding. Kinsale Capital Group Inc.’s holdings in W.W. Grainger were worth $9,934,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Miller Capital Partners Inc. bought a new position in shares of W.W. Grainger in the fourth quarter valued at approximately $26,000. MV Capital Management Inc. bought a new stake in shares of W.W. Grainger during the 4th quarter worth $28,000. Harbor Investment Advisory LLC boosted its holdings in shares of W.W. Grainger by 314.3% during the 4th quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock worth $29,000 after buying an additional 22 shares during the period. Elyxium Wealth LLC bought a new stake in shares of W.W. Grainger during the 4th quarter worth $30,000. Finally, Caitlin John LLC acquired a new position in W.W. Grainger in the 4th quarter valued at $35,000. Institutional investors own 80.70% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on GWW. DA Davidson initiated coverage on shares of W.W. Grainger in a report on Tuesday, June 16th. They issued a “neutral” rating and a $1,250.00 target price on the stock. Barclays decreased their price target on shares of W.W. Grainger from $1,171.00 to $1,166.00 and set an “underweight” rating for the company in a report on Tuesday, June 23rd. Royal Bank Of Canada raised their price target on W.W. Grainger from $1,337.00 to $1,460.00 and gave the company a “sector perform” rating in a research report on Thursday. Weiss Ratings raised W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Finally, Morgan Stanley increased their target price on W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 27th. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, W.W. Grainger currently has an average rating of “Hold” and an average target price of $1,230.11.

Insider Buying and Selling

In related news, VP Paige K. Robbins sold 1,457 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $1,232.29, for a total transaction of $1,795,446.53. Following the transaction, the vice president directly owned 2,232 shares in the company, valued at $2,750,471.28. The trade was a 39.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Laurie R. Thomson sold 313 shares of the company’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $491,444.31. This trade represents a 43.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,624 shares of company stock valued at $3,232,291 over the last three months. 6.30% of the stock is owned by corporate insiders.

W.W. Grainger Price Performance

NYSE:GWW opened at $1,392.73 on Friday. The stock has a market cap of $65.75 billion, a P/E ratio of 37.46, a PEG ratio of 2.57 and a beta of 1.03. W.W. Grainger, Inc. has a one year low of $906.52 and a one year high of $1,419.91. The company has a fifty day moving average price of $1,312.23 and a 200 day moving average price of $1,178.69. 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 (NYSE:GWW) last issued its quarterly earnings results on Thursday, May 7th. The industrial products company reported $11.65 earnings per share for the quarter, beating analysts’ consensus estimates of $10.21 by $1.44. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The firm had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same period in the prior year, the firm earned $9.86 EPS. The business’s revenue was up 10.1% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. Analysts anticipate that W.W. Grainger, Inc. will post 45.46 earnings per share for the current year.

W.W. Grainger Increases Dividend

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

W.W. Grainger Company Profile

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.