Pallas Capital Advisors LLC bought a new position in W.W. Grainger, Inc. (NYSE:GWW – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,297 shares of the industrial products company’s stock, valued at approximately $5,846,000.
Other institutional investors also recently modified their holdings of the company. Deutsche Bank AG bought a new position in shares of W.W. Grainger during the second quarter valued at approximately $245,230,000. Perigon Wealth Management LLC bought a new stake in shares of W.W. Grainger in the 2nd quarter worth approximately $4,612,000. Commerzbank Aktiengesellschaft FI bought a new stake in shares of W.W. Grainger in the 2nd quarter worth approximately $250,000. Trust Co. of Vermont purchased a new stake in shares of W.W. Grainger in the 2nd quarter worth approximately $238,000. Finally, Principle Wealth Partners LLC purchased a new stake in shares of W.W. Grainger in the 2nd quarter worth approximately $3,457,000. 80.70% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on GWW shares. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Wolfe Research raised W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Royal Bank Of Canada reduced their price target on W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating for the company in a report on Wednesday, August 5th. Stephens lowered W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price target for the company. in a research report on Tuesday, July 14th. Finally, Wall Street Zen upgraded shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $1,274.12.
W.W. Grainger Stock Down 0.3%
W.W. Grainger stock opened at $1,319.00 on Tuesday. W.W. Grainger, Inc. has a 12 month low of $906.52 and a 12 month high of $1,419.91. The stock has a fifty day simple moving average of $1,345.69 and a two-hundred day simple moving average of $1,224.11. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53. The firm has a market cap of $62.12 billion, a price-to-earnings ratio of 33.63, a PEG ratio of 2.35 and a beta of 1.04.
W.W. Grainger (NYSE:GWW – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $4.96 billion. During the same period last year, the company earned $9.97 EPS. W.W. Grainger’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. Equities analysts predict that W.W. Grainger, Inc. will post 46.14 EPS for the current fiscal year.
W.W. Grainger Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 10th will be issued a $2.49 dividend. The ex-dividend date is Monday, August 10th. This represents a $9.96 annualized dividend and a yield of 0.8%. W.W. Grainger’s dividend payout ratio (DPR) is currently 25.40%.
W.W. Grainger 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.
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