W.W. Grainger (NYSE:GWW) Price Target Raised to $1,190.00

W.W. Grainger (NYSE:GWW) had its target price boosted by Morgan Stanley from $1,100.00 to $1,190.00 in a report published on Tuesday morning,Benzinga reports. They currently have an equal weight rating on the industrial products company’s stock.

Several other equities research analysts have also recently weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of W.W. Grainger from $1,100.00 to $1,165.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Weiss Ratings upgraded shares of W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. Sanford C. Bernstein began coverage on shares of W.W. Grainger in a research report on Wednesday, November 12th. They set a “market perform” rating and a $975.00 price target for the company. Royal Bank Of Canada increased their price objective on shares of W.W. Grainger from $1,006.00 to $1,050.00 and gave the company a “sector perform” rating in a report on Monday, November 3rd. Finally, Oppenheimer lifted their target price on shares of W.W. Grainger from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $1,071.38.

W.W. Grainger Stock Performance

NYSE:GWW opened at $1,145.08 on Tuesday. The stock has a market capitalization of $54.24 billion, a P/E ratio of 32.36, a price-to-earnings-growth ratio of 2.42 and a beta of 1.10. The company has a current ratio of 2.83, a quick ratio of 1.59 and a debt-to-equity ratio of 0.57. W.W. Grainger has a 1 year low of $893.99 and a 1 year high of $1,218.63. The firm has a 50 day moving average of $1,092.16 and a 200-day moving average of $1,016.91.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $9.45 EPS for the quarter, missing analysts’ consensus estimates of $9.46 by ($0.01). The business had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.39 billion. W.W. Grainger had a return on equity of 47.46% and a net margin of 9.51%.The firm’s revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the company earned $9.71 earnings per share. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. As a group, sell-side analysts anticipate that W.W. Grainger will post 40.3 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Monday, February 9th were paid a dividend of $2.26 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $9.04 annualized dividend and a yield of 0.8%. W.W. Grainger’s dividend payout ratio (DPR) is presently 25.54%.

Insiders Place Their Bets

In other news, VP Krantz Nancy L. Berardinelli sold 195 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $1,023.93, for a total value of $199,666.35. Following the completion of the transaction, the vice president owned 3,174 shares of the company’s stock, valued at $3,249,953.82. The trade was a 5.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 6.10% of the company’s stock.

Institutional Investors Weigh In On W.W. Grainger

A number of hedge funds have recently modified their holdings of the business. Avantax Planning Partners Inc. increased its stake in W.W. Grainger by 1.9% during the 4th quarter. Avantax Planning Partners Inc. now owns 483 shares of the industrial products company’s stock worth $487,000 after purchasing an additional 9 shares in the last quarter. Hohimer Wealth Management LLC increased its position in shares of W.W. Grainger by 1.2% during the fourth quarter. Hohimer Wealth Management LLC now owns 788 shares of the industrial products company’s stock worth $795,000 after acquiring an additional 9 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in shares of W.W. Grainger by 0.6% during the fourth quarter. DAVENPORT & Co LLC now owns 1,789 shares of the industrial products company’s stock worth $1,805,000 after acquiring an additional 10 shares during the period. Sawyer & Company Inc raised its holdings in shares of W.W. Grainger by 1.5% during the fourth quarter. Sawyer & Company Inc now owns 676 shares of the industrial products company’s stock worth $682,000 after acquiring an additional 10 shares during the period. Finally, Dearborn Partners LLC lifted its position in W.W. Grainger by 3.4% in the 4th quarter. Dearborn Partners LLC now owns 305 shares of the industrial products company’s stock valued at $308,000 after acquiring an additional 10 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Company 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.