Q3 EPS Estimates for W.W. Grainger Raised by Zacks Research

W.W. Grainger, Inc. (NYSE:GWW) – Stock analysts at Zacks Research upped their Q3 2028 earnings per share (EPS) estimates for W.W. Grainger in a research note issued on Tuesday, September 29th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $14.19 for the quarter, up from their prior forecast of $14.16. The consensus estimate for W.W. Grainger’s current full-year earnings is $46.25 per share.

Other equities research analysts also recently issued reports about the company. DA Davidson increased their price target on W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Oppenheimer boosted 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. Weiss Ratings raised W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Morgan Stanley lifted their price target on W.W. Grainger from $1,300.00 to $1,400.00 and gave the company an “equal weight” rating in a research note on Monday, August 24th. Finally, Barclays dropped their price objective on W.W. Grainger from $1,185.00 to $1,172.00 and set an “underweight” rating on the stock in a report on Friday, September 25th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $1,285.00.

W.W. Grainger Trading Up 2.9%

Shares of GWW stock opened at $1,281.31 on Friday. The business’s 50 day moving average is $1,303.23 and its two-hundred day moving average is $1,260.41. W.W. Grainger has a twelve month low of $906.52 and a twelve month high of $1,419.91. The company has a market capitalization of $60.35 billion, a P/E ratio of 32.67, a price-to-earnings-growth ratio of 2.21 and a beta of 1.01. 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 quarterly earnings results 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 firm had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS.

W.W. Grainger Dividend Announcement

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

Institutional Investors Weigh In On W.W. Grainger

Institutional investors have recently modified their holdings of the company. Banco BTG Pactual S.A. acquired a new position in shares of W.W. Grainger in the 4th quarter valued at $1,048,000. Bank of New York Mellon Corp acquired a new stake in shares of W.W. Grainger during the 2nd quarter worth $324,824,000. Assenagon Asset Management S.A. raised its position in shares of W.W. Grainger by 1,353.1% in the 2nd quarter. Assenagon Asset Management S.A. now owns 31,242 shares of the industrial products company’s stock worth $42,502,000 after buying an additional 29,092 shares during the period. Meeder Asset Management Inc. purchased a new position in shares of W.W. Grainger in the 2nd quarter worth $11,591,000. Finally, Rockefeller Capital Management L.P. boosted its holdings in W.W. Grainger by 79.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,764 shares of the industrial products company’s stock valued at $3,799,000 after acquiring an additional 1,664 shares during the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

About W.W. Grainger

W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) products and related services. The company serves businesses, government organizations and other institutions that need supplies to maintain facilities, equipment and operations.

Its product offerings include tools, safety equipment, cleaning and maintenance supplies, material-handling products, electrical and plumbing components, lighting, heating and cooling equipment, and other industrial and facility-management products.