Principle Wealth Partners LLC Takes Position in W.W. Grainger, Inc. $GWW

Principle Wealth Partners LLC purchased a new position in shares of W.W. Grainger, Inc. (NYSE:GWW) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,541 shares of the industrial products company’s stock, valued at approximately $3,457,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GWW. Avantax Planning Partners Inc. increased its stake in W.W. Grainger by 1.9% in the 4th quarter. Avantax Planning Partners Inc. now owns 483 shares of the industrial products company’s stock valued at $487,000 after buying an additional 9 shares during the period. Hohimer Wealth Management LLC lifted its position in W.W. Grainger by 1.2% in the 4th quarter. Hohimer Wealth Management LLC now owns 788 shares of the industrial products company’s stock worth $795,000 after buying an additional 9 shares in the last quarter. Sawyer & Company Inc boosted its stake in shares of W.W. Grainger by 1.5% during the 4th quarter. Sawyer & Company Inc now owns 676 shares of the industrial products company’s stock valued at $682,000 after buying an additional 10 shares during the period. Dearborn Partners LLC boosted its stake in shares of W.W. Grainger by 3.4% during the 4th quarter. Dearborn Partners LLC now owns 305 shares of the industrial products company’s stock valued at $308,000 after buying an additional 10 shares during the period. Finally, Andina Capital Management LLC grew its holdings in shares of W.W. Grainger by 2.5% during the 4th quarter. Andina Capital Management LLC now owns 404 shares of the industrial products company’s stock valued at $408,000 after acquiring an additional 10 shares in the last quarter. 80.70% of the stock is owned by hedge funds and other institutional investors.

W.W. Grainger Stock Performance

Shares of GWW opened at $1,319.00 on Tuesday. The firm has a market cap of $62.12 billion, a price-to-earnings ratio of 33.63, a price-to-earnings-growth ratio of 2.35 and a beta of 1.04. The company’s fifty day moving average is $1,345.69 and its 200-day moving average is $1,224.11. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. W.W. Grainger, Inc. has a 12 month low of $906.52 and a 12 month high of $1,419.91.

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

W.W. Grainger Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th will be given a $2.49 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.8%. W.W. Grainger’s payout ratio is currently 25.40%.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Barclays boosted their target price on W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a research note on Tuesday, August 11th. Sanford C. Bernstein upped their target price on W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a “market perform” rating in a research report on Tuesday, April 21st. Wall Street Zen raised W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Finally, Oppenheimer lifted their price target on W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $1,274.12.

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.