Tidal Investments LLC Reduces Stock Position in W.W. Grainger, Inc. $GWW

Tidal Investments LLC decreased its position in W.W. Grainger, Inc. (NYSE:GWW) by 13.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 6,805 shares of the industrial products company’s stock after selling 1,053 shares during the period. Tidal Investments LLC’s holdings in W.W. Grainger were worth $9,258,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in shares of W.W. Grainger by 46.8% during the fourth quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock valued at $338,000 after buying an additional 102 shares during the period. Empowered Funds LLC boosted its holdings in W.W. Grainger by 18.0% in the first quarter. Empowered Funds LLC now owns 2,851 shares of the industrial products company’s stock valued at $2,816,000 after acquiring an additional 435 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of W.W. Grainger by 169.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,826 shares of the industrial products company’s stock worth $3,980,000 after purchasing an additional 2,407 shares during the period. Gamco Investors INC. ET AL purchased a new stake in W.W. Grainger during the second quarter worth approximately $208,000. Finally, Sei Investments Co. boosted its position in W.W. Grainger by 35.2% during the 2nd quarter. Sei Investments Co. now owns 41,388 shares of the industrial products company’s stock worth $43,051,000 after purchasing an additional 10,784 shares during the period. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports 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. Wall Street Zen raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Oppenheimer lifted their price target on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada cut their price objective 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 report on Wednesday, August 5th. Finally, DA Davidson increased their price target on W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, W.W. Grainger currently has a consensus rating of “Hold” and a consensus price target of $1,286.62.

W.W. Grainger Trading Up 0.9%

NYSE GWW opened at $1,282.57 on Friday. 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 50-day simple moving average of $1,333.06 and a 200-day simple moving average of $1,245.38. W.W. Grainger, Inc. has a one year low of $906.52 and a one year high of $1,419.91. The firm has a market capitalization of $60.41 billion, a PE ratio of 32.70, a price-to-earnings-growth ratio of 2.27 and a beta of 1.03.

W.W. Grainger (NYSE:GWW) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating the consensus estimate of $11.30 by $0.71. The company 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%.The business’s revenue was up 10.3% compared to the same quarter last year. During the same period in the prior year, the company earned $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, equities analysts forecast that W.W. Grainger, Inc. will post 46.24 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th were paid a dividend of $2.49 per share. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, August 10th. W.W. Grainger’s payout ratio is presently 25.40%.

W.W. Grainger Company Profile

W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) products and related services. The company serves businesses, government agencies and other organizations that need supplies to maintain facilities, equipment and operations. Its product categories include tools, safety equipment, material handling products, cleaning and maintenance supplies, electrical and lighting products, plumbing supplies, HVAC equipment and fasteners.

Founded in 1927 by William W. Grainger, the company has grown from a regional electrical-equipment distributor into a global MRO provider.