Mutual of America Capital Management LLC Has $5.22 Million Position in W.W. Grainger, Inc. $GWW

Mutual of America Capital Management LLC lowered its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 2.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,015 shares of the industrial products company’s stock after selling 140 shares during the quarter. Mutual of America Capital Management LLC’s holdings in W.W. Grainger were worth $5,217,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Koshinski Asset Management Inc. acquired a new position in W.W. Grainger in the second quarter worth $509,000. Nicholson Wealth Management Group LLC boosted its stake in W.W. Grainger by 2.4% in the second quarter. Nicholson Wealth Management Group LLC now owns 1,632 shares of the industrial products company’s stock worth $1,698,000 after purchasing an additional 38 shares in the last quarter. Angeles Wealth Management LLC boosted its stake in W.W. Grainger by 21.8% in the second quarter. Angeles Wealth Management LLC now owns 537 shares of the industrial products company’s stock worth $559,000 after purchasing an additional 96 shares in the last quarter. Vectors Research Management LLC boosted its stake in W.W. Grainger by 19.0% in the second quarter. Vectors Research Management LLC now owns 2,344 shares of the industrial products company’s stock worth $2,438,000 after purchasing an additional 375 shares in the last quarter. Finally, Applied Finance Capital Management LLC acquired a new position in W.W. Grainger in the second quarter worth $879,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

Insiders Place Their Bets

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of the stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total value of $496,430.00. Following the transaction, the senior vice president owned 1,771 shares of the company’s stock, valued at approximately $1,758,355.06. This represents a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 6.10% of the company’s stock.

Analyst Ratings Changes

GWW has been the topic of several research reports. JPMorgan Chase & Co. upped their price target on W.W. Grainger from $1,035.00 to $1,050.00 and gave the company a “neutral” rating in a research note on Wednesday, October 15th. Loop Capital cut their price target on W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating on the stock in a research note on Monday, August 4th. Barclays initiated coverage on W.W. Grainger in a research note on Wednesday, October 8th. They set an “underweight” rating and a $963.00 price target on the stock. Royal Bank Of Canada cut their price target on W.W. Grainger from $1,176.00 to $1,007.00 and set a “sector perform” rating on the stock in a research note on Monday, August 4th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of W.W. Grainger in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, W.W. Grainger presently has an average rating of “Hold” and an average price target of $1,053.71.

W.W. Grainger Trading Up 0.1%

NYSE:GWW opened at $972.33 on Wednesday. W.W. Grainger, Inc. has a 1-year low of $893.99 and a 1-year high of $1,227.66. The business’s 50-day moving average price is $982.90 and its two-hundred day moving average price is $1,015.25. The company has a current ratio of 2.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $46.51 billion, a price-to-earnings ratio of 24.67, a PEG ratio of 2.82 and a beta of 1.17.

W.W. Grainger (NYSE:GWW) last released its earnings results on Friday, August 1st. The industrial products company reported $9.97 earnings per share for the quarter, missing the consensus estimate of $10.07 by ($0.10). W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. The company had revenue of $4.55 billion during the quarter, compared to analyst estimates of $4.52 billion. During the same period in the previous year, the company posted $9.76 EPS. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. On average, equities analysts expect that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 1st. Shareholders of record on Monday, August 11th were paid a $2.26 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $9.04 annualized dividend and a yield of 0.9%. W.W. Grainger’s dividend payout ratio is presently 22.94%.

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.