W.W. Grainger, Inc. (GWW) To Go Ex-Dividend on November 9th

W.W. Grainger, Inc. (NYSE:GWW) announced a quarterly dividend on Wednesday, October 28th. Shareholders of record on Monday, November 9th will be given a dividend of $2.49 per share by the industrial products company on Tuesday, December 1st. This represents a $9.96 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, November 9th.

W.W. Grainger has raised its dividend payment by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 55 consecutive years. W.W. Grainger has a dividend payout ratio of 22.3% meaning its dividend is sufficiently covered by earnings. Analysts expect W.W. Grainger to earn $50.90 per share next year, which means the company should continue to be able to cover its $9.96 annual dividend with an expected future payout ratio of 19.6%.

W.W. Grainger Stock Performance

Shares of GWW opened at $1,373.73 on Friday. W.W. Grainger has a 1 year low of $906.52 and a 1 year high of $1,419.91. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70. The stock’s fifty day moving average price is $1,299.54 and its two-hundred day moving average price is $1,233.98. The firm has a market cap of $64.70 billion, a PE ratio of 35.03, a PEG ratio of 2.37 and a beta of 1.01.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating the consensus estimate of $11.30 by $0.71. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The business had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.96 billion. During the same period in the prior year, the firm earned $9.97 earnings per share. The company’s revenue was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, equities research analysts forecast that W.W. Grainger will post 46.31 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of W.W. Grainger during the second quarter valued at approximately $6,303,024,000. Bank of America Corp DE purchased a new position in shares of W.W. Grainger in the second quarter worth $621,127,000. Amundi raised its position in W.W. Grainger by 24.1% in the 2nd quarter. Amundi now owns 363,308 shares of the industrial products company’s stock worth $494,244,000 after buying an additional 70,451 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in W.W. Grainger by 2.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 409,142 shares of the industrial products company’s stock valued at $446,210,000 after acquiring an additional 9,743 shares during the period. Finally, Legal & General Group Plc bought a new stake in shares of W.W. Grainger in the second quarter worth approximately $407,051,000. 80.70% of the stock is currently owned by institutional investors.

W.W. Grainger Company Profile

W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) supplies for businesses, government agencies and other organizations. Its product offerings include safety equipment, tools, fasteners, electrical and plumbing supplies, material-handling equipment, cleaning and janitorial products, HVAC supplies, and facility-maintenance products.

The company also provides services designed to help customers manage procurement and workplace operations, including product selection support, inventory-management programs, digital purchasing tools, and technical assistance.