Frank Rimerman Advisors LLC Buys New Shares in W.W. Grainger, Inc. $GWW

Frank Rimerman Advisors LLC purchased a new stake in shares of W.W. Grainger, Inc. (NYSE:GWW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 562 shares of the industrial products company’s stock, valued at approximately $567,000.

Several other hedge funds have also recently added to or reduced their stakes in GWW. Vanguard Group Inc. lifted its position in W.W. Grainger by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 5,731,880 shares of the industrial products company’s stock worth $5,462,252,000 after buying an additional 104,607 shares during the last quarter. State Street Corp grew its position in W.W. Grainger by 0.7% during the third quarter. State Street Corp now owns 1,996,053 shares of the industrial products company’s stock valued at $1,902,159,000 after acquiring an additional 13,779 shares during the last quarter. Parnassus Investments LLC bought a new position in W.W. Grainger during the third quarter valued at approximately $721,202,000. Northern Trust Corp raised its stake in shares of W.W. Grainger by 0.5% during the third quarter. Northern Trust Corp now owns 659,158 shares of the industrial products company’s stock worth $628,151,000 after acquiring an additional 3,114 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of W.W. Grainger by 15.2% in the 2nd quarter. Invesco Ltd. now owns 473,771 shares of the industrial products company’s stock worth $492,836,000 after acquiring an additional 62,675 shares during the last quarter. Institutional investors own 80.70% of the company’s stock.

Insider Buying and Selling

In related news, CFO Deidra C. Merriwether sold 1,488 shares of W.W. Grainger stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $1,114.28, for a total value of $1,658,048.64. Following the sale, the chief financial officer owned 10,541 shares in the company, valued at $11,745,625.48. The trade was a 12.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 6.30% of the stock is owned by insiders.

W.W. Grainger Stock Up 1.0%

NYSE GWW opened at $1,118.40 on Friday. W.W. Grainger, Inc. has a 1 year low of $893.99 and a 1 year high of $1,218.63. The stock has a market capitalization of $52.93 billion, a PE ratio of 31.60, a PEG ratio of 2.33 and a beta of 1.09. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.83 and a quick ratio of 1.59. The business’s 50-day moving average is $1,109.31 and its 200 day moving average is $1,026.76.

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 net margin of 9.51% and a return on equity of 47.46%. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the company earned $9.71 EPS. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. Sell-side analysts forecast that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. increased their target price on shares of W.W. Grainger from $1,100.00 to $1,165.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Barclays lifted their price target on W.W. Grainger from $1,044.00 to $1,047.00 and gave the stock an “underweight” rating in a research note on Monday, March 16th. Weiss Ratings raised W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. Oppenheimer raised 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. Finally, Morgan Stanley lifted their target price on shares of W.W. Grainger from $1,100.00 to $1,190.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 3rd. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $1,096.71.

W.W. Grainger 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.