TD Waterhouse Canada Inc. Grows Stake in W.W. Grainger, Inc. $GWW

TD Waterhouse Canada Inc. lifted its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 4.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 16,368 shares of the industrial products company’s stock after buying an additional 702 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in W.W. Grainger were worth $21,934,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of GWW. Banco BTG Pactual S.A. purchased a new stake in shares of W.W. Grainger during the 4th quarter valued at approximately $1,048,000. Bank of New York Mellon Corp bought a new stake in W.W. Grainger during the 2nd quarter valued at $324,824,000. Assenagon Asset Management S.A. raised its holdings in W.W. Grainger by 1,353.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 31,242 shares of the industrial products company’s stock valued at $42,502,000 after acquiring an additional 29,092 shares during the period. Meeder Asset Management Inc. purchased a new stake in shares of W.W. Grainger during the second quarter worth $11,591,000. Finally, Tredje AP fonden lifted its position in shares of W.W. Grainger by 28.9% during the fourth quarter. Tredje AP fonden now owns 3,871 shares of the industrial products company’s stock worth $3,906,000 after acquiring an additional 869 shares in the last quarter. Institutional investors own 80.70% of the company’s stock.

Analyst Upgrades and Downgrades

GWW has been the subject of several recent research reports. DA Davidson lifted their price target on W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Morgan Stanley lifted their target price on W.W. Grainger from $1,300.00 to $1,400.00 and gave the company an “equal weight” rating in a report on Monday, August 24th. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. Finally, Wolfe Research upgraded shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $1,286.62.

W.W. Grainger Trading Up 0.9%

Shares of GWW stock opened at $1,324.65 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81. W.W. Grainger, Inc. has a 52-week low of $906.52 and a 52-week high of $1,419.91. The company has a market capitalization of $62.39 billion, a PE ratio of 33.77, a price-to-earnings-growth ratio of 2.33 and a beta of 1.03. The business’s fifty day moving average is $1,339.02 and its 200 day moving average is $1,239.80.

W.W. Grainger (NYSE:GWW) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, topping the consensus estimate of $11.30 by $0.71. The business had revenue of $5.02 billion during 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 was up 10.3% on a year-over-year basis. During the same period in the previous year, the business earned $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, equities research analysts anticipate that W.W. Grainger, Inc. will post 46.17 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

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

W.W. Grainger 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.