Barclays Forecasts Strong Price Appreciation for W.W. Grainger (NYSE:GWW) Stock

W.W. Grainger (NYSE:GWW) had its price target hoisted by equities researchers at Barclays from $1,166.00 to $1,185.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has an “underweight” rating on the industrial products company’s stock. Barclays‘s price target would suggest a potential downside of 9.42% from the stock’s current price.

A number of other equities analysts also recently weighed in on GWW. Morgan Stanley upped 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 report on Wednesday, May 27th. Stephens lowered shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price objective on the stock. in a research note on Tuesday, July 14th. Wolfe Research raised shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Sanford C. Bernstein boosted their price target on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the company a “market perform” rating in a report on Tuesday, April 21st. Finally, Royal Bank Of Canada dropped their price target on shares of W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $1,274.12.

W.W. Grainger Trading Up 0.8%

Shares of NYSE:GWW traded up $10.72 during mid-day trading on Tuesday, hitting $1,308.17. The stock had a trading volume of 8,865 shares, compared to its average volume of 286,869. The company’s 50 day moving average is $1,343.28 and its 200-day moving average is $1,215.10. W.W. Grainger has a 12-month low of $906.52 and a 12-month high of $1,419.91. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81. The company has a market cap of $61.62 billion, a PE ratio of 33.38, a P/E/G ratio of 2.32 and a beta of 1.04.

W.W. Grainger (NYSE:GWW) last released its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $11.30 by $0.71. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The company had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same quarter in the prior year, the company earned $9.97 earnings per share. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, sell-side analysts predict that W.W. Grainger will post 46.14 EPS for the current year.

Institutional Investors Weigh In On W.W. Grainger

Hedge funds have recently modified their holdings of the business. Miller Capital Partners Inc. acquired a new stake in shares of W.W. Grainger in the fourth quarter worth $26,000. MV Capital Management Inc. acquired a new position in W.W. Grainger during the 4th quarter valued at $28,000. Elyxium Wealth LLC bought a new stake in W.W. Grainger in the 4th quarter valued at $30,000. Elevation Wealth Partners LLC boosted its holdings in W.W. Grainger by 420.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 21 shares during the period. Finally, Caitlin John LLC acquired a new stake in W.W. Grainger in the 4th quarter worth $35,000. 80.70% of the stock is owned by institutional investors.

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.