UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $576.47 Million Position in W.W. Grainger, Inc. $GWW

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC trimmed its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 0.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 583,568 shares of the industrial products company’s stock after selling 1,286 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC’s holdings in W.W. Grainger were worth $576,466,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in GWW. GAMMA Investing LLC increased its position in W.W. Grainger by 100,843.0% during the 1st quarter. GAMMA Investing LLC now owns 692,469 shares of the industrial products company’s stock worth $684,042,000 after purchasing an additional 691,783 shares in the last quarter. Nuveen LLC acquired a new position in W.W. Grainger during the 1st quarter worth approximately $285,574,000. JPMorgan Chase & Co. increased its position in W.W. Grainger by 10.1% during the 1st quarter. JPMorgan Chase & Co. now owns 822,411 shares of the industrial products company’s stock worth $812,403,000 after purchasing an additional 75,644 shares in the last quarter. Kodai Capital Management LP acquired a new position in W.W. Grainger during the 1st quarter worth approximately $67,601,000. Finally, Interval Partners LP increased its position in W.W. Grainger by 1,429.9% during the 1st quarter. Interval Partners LP now owns 67,957 shares of the industrial products company’s stock worth $67,130,000 after purchasing an additional 63,515 shares in the last quarter. 80.70% of the stock is currently owned by institutional investors and hedge funds.

W.W. Grainger Trading Down 0.1%

NYSE:GWW opened at $996.56 on Wednesday. The firm’s fifty day moving average is $1,010.93 and its 200-day moving average is $1,018.85. 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 $1,227.66. The firm has a market cap of $47.67 billion, a P/E ratio of 25.29, a P/E/G ratio of 2.89 and a beta of 1.18.

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

W.W. Grainger Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 1st. Investors of record on Monday, August 11th were paid a dividend of $2.26 per share. 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 currently 22.94%.

Analyst Ratings Changes

GWW has been the topic of a number of research reports. Morgan Stanley reduced their target price on shares of W.W. Grainger from $1,215.00 to $1,160.00 and set an “equal weight” rating on the stock in a report on Friday, July 11th. Loop Capital reduced their target price on shares of W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating on the stock in a report on Monday, August 4th. JPMorgan Chase & Co. reduced their target price on shares of W.W. Grainger from $1,125.00 to $1,035.00 and set a “neutral” rating on the stock in a report on Thursday, September 4th. Finally, Royal Bank Of Canada reduced their target price on shares of W.W. Grainger from $1,176.00 to $1,007.00 and set a “sector perform” rating on the stock in a report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $1,069.13.

W.W. Grainger 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.