Te Ahumairangi Investment Management Ltd Takes Position in W.W. Grainger, Inc. $GWW

Te Ahumairangi Investment Management Ltd acquired a new position in shares of W.W. Grainger, Inc. (NYSE:GWW) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 7,634 shares of the industrial products company’s stock, valued at approximately $10,385,000. W.W. Grainger makes up approximately 1.7% of Te Ahumairangi Investment Management Ltd’s investment portfolio, making the stock its 12th largest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Miller Capital Partners Inc. bought a new stake in W.W. Grainger in the 4th quarter valued at about $26,000. MV Capital Management Inc. bought a new position in shares of W.W. Grainger in the fourth quarter worth $28,000. Elyxium Wealth LLC bought a new position in shares of W.W. Grainger in the fourth quarter worth approximately $30,000. Elevation Wealth Partners LLC raised its position in shares of W.W. Grainger by 420.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock valued at $35,000 after buying an additional 21 shares in the last quarter. Finally, Caitlin John LLC bought a new stake in W.W. Grainger in the 4th quarter worth approximately $35,000. 80.70% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have weighed in on GWW. Wolfe Research raised shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Barclays increased their price objective on W.W. Grainger from $1,166.00 to $1,185.00 and gave the stock an “underweight” rating in a report on Tuesday, August 11th. Morgan Stanley lifted their target price on shares of 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. Oppenheimer raised their price objective on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen upgraded shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. 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. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $1,274.12.

W.W. Grainger Trading Down 0.0%

W.W. Grainger stock opened at $1,312.12 on Monday. W.W. Grainger, Inc. has a 12-month low of $906.52 and a 12-month high of $1,419.91. The firm has a market capitalization of $61.80 billion, a price-to-earnings ratio of 33.46, a P/E/G ratio of 2.33 and a beta of 1.04. The firm has a 50 day moving average of $1,344.74 and a 200 day moving average of $1,230.47. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53.

W.W. Grainger (NYSE:GWW) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 48.73% and a net margin of 9.92%.W.W. Grainger’s revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the company posted $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, research analysts predict that W.W. Grainger, Inc. will post 46.1 earnings per share for the current year.

W.W. Grainger Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be paid a dividend of $2.49 per share. 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 dividend payout ratio (DPR) is presently 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.