W.W. Grainger, Inc. $GWW Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. reduced its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 48.0% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 597 shares of the industrial products company’s stock after selling 551 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in W.W. Grainger were worth $621,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Cary Street Partners Investment Advisory LLC lifted its holdings in W.W. Grainger by 3.2% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 323 shares of the industrial products company’s stock worth $319,000 after acquiring an additional 10 shares during the last quarter. Hemington Wealth Management lifted its holdings in shares of W.W. Grainger by 0.9% in the 1st quarter. Hemington Wealth Management now owns 1,139 shares of the industrial products company’s stock worth $1,125,000 after purchasing an additional 10 shares during the last quarter. Grove Bank & Trust boosted its position in W.W. Grainger by 52.6% during the 2nd quarter. Grove Bank & Trust now owns 29 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 10 shares during the period. Ridgewood Investments LLC boosted its position in W.W. Grainger by 50.0% during the 2nd quarter. Ridgewood Investments LLC now owns 30 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 10 shares during the period. Finally, Brighton Jones LLC grew its stake in W.W. Grainger by 3.3% during the 2nd quarter. Brighton Jones LLC now owns 313 shares of the industrial products company’s stock worth $326,000 after buying an additional 10 shares during the last quarter. Institutional investors own 80.70% of the company’s stock.

W.W. Grainger Stock Performance

Shares of GWW opened at $946.45 on Wednesday. W.W. Grainger, Inc. has a 12-month low of $893.99 and a 12-month high of $1,227.44. The stock has a market capitalization of $45.00 billion, a P/E ratio of 24.02, a P/E/G ratio of 2.79 and a beta of 1.17. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.82 and a quick ratio of 1.64. The firm’s 50 day moving average is $971.08 and its 200-day moving average is $1,013.92.

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

W.W. Grainger Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 10th will be issued a $2.26 dividend. The ex-dividend date is Monday, November 10th. This represents a $9.04 dividend on an annualized basis and a dividend yield of 1.0%. W.W. Grainger’s dividend payout ratio is presently 25.35%.

Insider Buying and Selling at W.W. Grainger

In related news, SVP Jonny M. Leroy sold 500 shares of the company’s stock in a transaction 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 of the company’s stock, valued at approximately $1,758,355.06. The trade was a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 6.10% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on GWW shares. Royal Bank Of Canada raised their target price on W.W. Grainger from $1,006.00 to $1,050.00 and gave the company a “sector perform” rating in a research note on Monday, November 3rd. Barclays lifted their price objective on shares of W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a research report on Friday, November 7th. Weiss Ratings restated a “buy (b-)” rating on shares of W.W. Grainger in a research report on Thursday, October 30th. Loop Capital dropped their price target on shares of 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. Finally, JPMorgan Chase & Co. lifted their price target on W.W. Grainger from $1,035.00 to $1,050.00 and gave the company a “neutral” rating in a report on Wednesday, October 15th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, W.W. Grainger presently has a consensus rating of “Hold” and an average price target of $1,061.57.

About W.W. Grainger

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.