W.W. Grainger, Inc. $GWW Stock: International Assets Investment Management LLC Grows Holdings

International Assets Investment Management LLC boosted its stake in W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 147,683.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 300,000 shares of the industrial products company’s stock after buying an additional 299,797 shares during the quarter. W.W. Grainger makes up approximately 2.8% of International Assets Investment Management LLC’s portfolio, making the stock its 2nd largest holding. International Assets Investment Management LLC owned approximately 0.64% of W.W. Grainger worth $373,728,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GWW. BlackRock Inc. purchased a new stake in W.W. Grainger during the 2nd quarter worth approximately $6,303,024,000. Bank of America Corp DE acquired a new position in shares of W.W. Grainger during the second quarter valued at approximately $621,127,000. Amundi lifted its position in shares of W.W. Grainger by 24.1% in the second quarter. Amundi now owns 363,308 shares of the industrial products company’s stock valued at $494,244,000 after acquiring an additional 70,451 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of W.W. Grainger by 2.4% in the first quarter. Dimensional Fund Advisors LP now owns 409,142 shares of the industrial products company’s stock valued at $446,210,000 after acquiring an additional 9,743 shares in the last quarter. Finally, Legal & General Group Plc purchased a new position in shares of W.W. Grainger in the second quarter valued at approximately $407,051,000. 80.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Oppenheimer increased their price objective on 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. Weiss Ratings restated a “buy (b)” rating on shares of W.W. Grainger in a report on Thursday, October 15th. Wolfe Research started coverage on shares of W.W. Grainger in a research note on Tuesday, September 15th. They set a “peer perform” rating on the stock. Wall Street Zen raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a report on Saturday, October 10th. Finally, Royal Bank Of Canada dropped their target price on shares of W.W. Grainger from $1,428.00 to $1,427.00 and set a “sector perform” rating for the company in a report on Wednesday, October 14th. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $1,253.85.

Read Our Latest Stock Analysis on W.W. Grainger

W.W. Grainger Stock Down 1.0%

GWW stock opened at $1,357.84 on Friday. 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 50-day moving average of $1,300.71 and a two-hundred day moving average of $1,235.62. W.W. Grainger, Inc. has a 12 month low of $906.52 and a 12 month high of $1,419.91. The company has a market cap of $63.95 billion, a price-to-earnings ratio of 34.62, a PEG ratio of 2.43 and a beta of 1.01.

W.W. Grainger (NYSE:GWW – Get Free Report) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, topping the consensus estimate of $11.30 by $0.71. The business 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 business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period 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. As a group, analysts forecast that W.W. Grainger, Inc. will post 46.31 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Monday, November 9th will be given a dividend of $2.49 per share. The ex-dividend date is Monday, November 9th. This represents a $9.96 dividend on an annualized basis and a yield of 0.7%. W.W. Grainger’s dividend payout ratio (DPR) is presently 25.40%.

W.W. Grainger Profile

(Free Report)

W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) supplies for businesses, government agencies and other organizations. Its product offerings include safety equipment, tools, fasteners, electrical and plumbing supplies, material-handling equipment, cleaning and janitorial products, HVAC supplies, and facility-maintenance products.

The company also provides services designed to help customers manage procurement and workplace operations, including product selection support, inventory-management programs, digital purchasing tools, and technical assistance.

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Institutional Ownership by Quarter for W.W. Grainger (NYSE:GWW)

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