Mitsubishi UFJ Trust & Banking Corp Has $42.38 Million Holdings in W.W. Grainger, Inc. $GWW

Mitsubishi UFJ Trust & Banking Corp raised its stake in W.W. Grainger, Inc. (NYSE:GWW) by 4.8% in the second quarter, Holdings Channel reports. The firm owned 40,740 shares of the industrial products company’s stock after acquiring an additional 1,883 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in W.W. Grainger were worth $42,379,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of GWW. N.E.W. Advisory Services LLC acquired a new stake in shares of W.W. Grainger during the 1st quarter worth about $25,000. Hilltop National Bank acquired a new stake in shares of W.W. Grainger during the 2nd quarter worth $25,000. Quaker Wealth Management LLC raised its position in shares of W.W. Grainger by 196.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 24 shares of the industrial products company’s stock valued at $25,000 after buying an additional 49 shares in the last quarter. Brown Lisle Cummings Inc. boosted its holdings in shares of W.W. Grainger by 316.7% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 19 shares in the last quarter. Finally, Nova Wealth Management Inc. bought a new position in W.W. Grainger in the first quarter valued at about $28,000. 80.70% of the stock is owned by institutional investors.

Analysts Set New Price Targets

GWW has been the topic of a number of research reports. Barclays boosted their price objective on W.W. Grainger from $963.00 to $975.00 and gave the stock an “underweight” rating in a research report on Friday, November 7th. Royal Bank Of Canada lifted their price objective on W.W. Grainger from $1,006.00 to $1,050.00 and gave the stock a “sector perform” rating in a research report on Monday, November 3rd. JPMorgan Chase & Co. raised their price target on shares of W.W. Grainger from $1,035.00 to $1,050.00 and gave the stock a “neutral” rating in a report on Wednesday, October 15th. Loop Capital decreased their price objective on W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating for the company in a report on Monday, August 4th. Finally, Sanford C. Bernstein began coverage on shares of W.W. Grainger in a report on Wednesday. They issued a “market perform” rating and a $975.00 target price on the stock. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, W.W. Grainger currently has a consensus rating of “Hold” and an average price target of $1,018.00.

W.W. Grainger Trading Down 1.1%

Shares of GWW stock opened at $934.58 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.64 and a current ratio of 2.82. W.W. Grainger, Inc. has a 52-week low of $893.99 and a 52-week high of $1,227.44. The company has a market capitalization of $44.44 billion, a PE ratio of 23.71, a price-to-earnings-growth ratio of 2.79 and a beta of 1.17. The business’s fifty day moving average is $967.77 and its 200 day moving average is $1,012.89.

W.W. Grainger (NYSE:GWW) last announced its earnings results on Friday, October 31st. The industrial products company reported $10.21 earnings per share for the quarter, beating analysts’ consensus estimates of $9.95 by $0.26. The business had revenue of $4.66 billion for the quarter, compared to the consensus estimate of $4.64 billion. W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. W.W. Grainger’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period last year, the firm posted $9.87 earnings per share. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. On average, equities research analysts anticipate that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 10th will be paid a dividend of $2.26 per share. This represents a $9.04 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, November 10th. W.W. Grainger’s dividend payout ratio (DPR) is 25.35%.

Insider Activity at W.W. Grainger

In related news, SVP Jonny M. Leroy sold 500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total transaction of $496,430.00. Following the transaction, the senior vice president directly owned 1,771 shares in the company, valued at $1,758,355.06. This trade represents a 22.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 6.10% of the company’s stock.

W.W. Grainger Company Profile

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.