W.W. Grainger (NYSE:GWW) VP Krantz Nancy Berardinelli Sells 195 Shares of Stock

W.W. Grainger, Inc. (NYSE:GWW) VP Krantz Nancy Berardinelli sold 195 shares of W.W. Grainger stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $1,023.93, for a total value of $199,666.35. Following the completion of the sale, the vice president directly owned 3,174 shares in the company, valued at approximately $3,249,953.82. The trade was a 5.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

W.W. Grainger Price Performance

W.W. Grainger stock traded up $4.58 during mid-day trading on Thursday, reaching $1,024.63. 22,710 shares of the company’s stock traded hands, compared to its average volume of 289,156. The stock has a 50 day moving average of $961.30 and a two-hundred day moving average of $995.63. W.W. Grainger, Inc. has a 12-month low of $893.99 and a 12-month high of $1,139.15. The company has a quick ratio of 1.59, a current ratio of 2.72 and a debt-to-equity ratio of 0.60. The company has a market cap of $48.72 billion, a price-to-earnings ratio of 28.74, a PEG ratio of 2.78 and a beta of 1.11.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings results on Friday, October 31st. The industrial products company reported $10.21 EPS for the quarter, beating analysts’ consensus estimates of $9.95 by $0.26. The firm had revenue of $4.66 billion during the quarter, compared to the consensus estimate of $4.64 billion. W.W. Grainger had a net margin of 9.75% and a return on equity of 49.40%. The firm’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter last year, the firm earned $9.87 EPS. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. Equities analysts forecast 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 declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 10th were issued a dividend of $2.26 per share. This represents a $9.04 annualized dividend and a yield of 0.9%. The ex-dividend date was Monday, November 10th. W.W. Grainger’s dividend payout ratio is presently 25.35%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. IFP Advisors Inc raised its stake in W.W. Grainger by 20.5% in the 3rd quarter. IFP Advisors Inc now owns 1,653 shares of the industrial products company’s stock valued at $1,623,000 after acquiring an additional 281 shares during the period. Strategic Advocates LLC grew its stake in W.W. Grainger by 3.4% in the 3rd quarter. Strategic Advocates LLC now owns 990 shares of the industrial products company’s stock valued at $944,000 after buying an additional 33 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in W.W. Grainger in the 3rd quarter valued at approximately $67,000. CIBC Private Wealth Group LLC raised its holdings in W.W. Grainger by 1.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 12,090 shares of the industrial products company’s stock valued at $11,521,000 after acquiring an additional 115 shares during the period. Finally, CIBC Bancorp USA Inc. purchased a new stake in shares of W.W. Grainger during the third quarter worth $5,841,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Analyst Upgrades and Downgrades

GWW has been the subject of several recent analyst reports. Morgan Stanley dropped their price objective on shares of W.W. Grainger from $1,150.00 to $1,100.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 25th. JPMorgan Chase & Co. upped their price target on shares of 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. Royal Bank Of Canada raised their price objective on shares of W.W. Grainger from $1,006.00 to $1,050.00 and gave the stock a “sector perform” rating in a research note on Monday, November 3rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of W.W. Grainger in a research note on Monday. Finally, Sanford C. Bernstein assumed coverage on W.W. Grainger in a report on Wednesday, November 12th. They issued a “market perform” rating and a $975.00 price target on the stock. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $1,009.43.

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.