Mitsubishi UFJ Asset Management Co. Ltd. Invests $154.26 Million in W.W. Grainger, Inc. $GWW

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in W.W. Grainger, Inc. (NYSE:GWW) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 113,448 shares of the industrial products company’s stock, valued at approximately $154,257,000. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.24% of W.W. Grainger as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GWW. Miller Capital Partners Inc. purchased a new position in W.W. Grainger during the fourth quarter valued at $26,000. MV Capital Management Inc. purchased a new stake 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 during the fourth quarter valued at $30,000. Elevation Wealth Partners LLC raised its position in shares of W.W. Grainger by 420.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 21 shares during the last quarter. Finally, Caitlin John LLC purchased a new position in shares of W.W. Grainger in the 4th quarter worth about $35,000. Institutional investors own 80.70% of the company’s stock.

W.W. Grainger Trading Down 0.3%

W.W. Grainger stock opened at $1,319.00 on Tuesday. W.W. Grainger, Inc. has a one year low of $906.52 and a one year high of $1,419.91. The business’s fifty day moving average is $1,345.69 and its 200 day moving average is $1,224.11. The stock has a market capitalization of $62.12 billion, a PE ratio of 33.63, a price-to-earnings-growth ratio of 2.35 and a beta of 1.04. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70.

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, topping 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 quarter in the previous year, the firm earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, sell-side analysts predict that W.W. Grainger, Inc. will post 46.14 EPS for the current year.

W.W. Grainger Announces Dividend

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

Analyst Upgrades and Downgrades

Several analysts recently commented on GWW shares. Weiss Ratings raised shares of W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. Royal Bank Of Canada decreased their target price on shares of 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 downgraded shares of W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 target price on the stock. in a research note on Tuesday, July 14th. Oppenheimer increased their price target on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Finally, Barclays raised their price target on shares of W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an “underweight” rating in a research report on Tuesday, August 11th. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $1,274.12.

W.W. Grainger Company 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.