Lombard Odier Asset Management Switzerland SA Takes $3.44 Million Position in W.W. Grainger, Inc. $GWW

Lombard Odier Asset Management Switzerland SA bought a new stake in W.W. Grainger, Inc. (NYSE:GWWFree Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 3,151 shares of the industrial products company’s stock, valued at approximately $3,437,000.

Several other hedge funds have also bought and sold shares of GWW. Avantax Planning Partners Inc. increased its position in W.W. Grainger by 1.9% during the fourth quarter. Avantax Planning Partners Inc. now owns 483 shares of the industrial products company’s stock worth $487,000 after buying an additional 9 shares during the last quarter. Hohimer Wealth Management LLC boosted its stake in shares of W.W. Grainger by 1.2% during the 4th 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 during the period. DAVENPORT & Co LLC increased its holdings in shares of W.W. Grainger by 0.6% during the 4th 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 last quarter. Sawyer & Company Inc increased its holdings in shares of W.W. Grainger by 1.5% during the 4th 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 last quarter. Finally, Dearborn Partners LLC raised its stake 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 during the period. 80.70% of the stock is currently owned by institutional investors and hedge funds.

W.W. Grainger Price Performance

GWW stock opened at $1,381.46 on Monday. The company’s 50-day moving average price is $1,323.39 and its two-hundred day moving average price is $1,192.23. The firm has a market cap of $65.22 billion, a P/E ratio of 37.16, a P/E/G ratio of 2.55 and a beta of 1.03. The company has a quick ratio of 1.60, a current ratio of 2.69 and a debt-to-equity ratio of 0.55. W.W. Grainger, Inc. has a 12 month low of $906.52 and a 12 month high of $1,419.91.

W.W. Grainger (NYSE:GWWGet Free Report) last issued its earnings results on Thursday, May 7th. The industrial products company reported $11.65 earnings per share for the quarter, beating analysts’ consensus estimates of $10.21 by $1.44. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.The firm had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter last year, the business posted $9.86 EPS. The company’s revenue was up 10.1% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. On average, analysts anticipate that W.W. Grainger, Inc. will post 45.46 earnings per share for the current fiscal year.

W.W. Grainger Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 11th were paid a $2.49 dividend. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, May 11th. This is an increase from W.W. Grainger’s previous quarterly dividend of $2.26. W.W. Grainger’s dividend payout ratio is 26.79%.

Analyst Ratings Changes

GWW has been the subject of several research analyst reports. Barclays reduced their target price on shares of W.W. Grainger from $1,171.00 to $1,166.00 and set an “underweight” rating for the company in a report on Tuesday, June 23rd. Wolfe Research upgraded shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Sanford C. Bernstein boosted their price objective on W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a “market perform” rating in a report on Tuesday, April 21st. Royal Bank Of Canada upped their target price on W.W. Grainger from $1,337.00 to $1,460.00 and gave the company a “sector perform” rating in a research report on Thursday, July 16th. Finally, DA Davidson initiated coverage on W.W. Grainger in a research note on Tuesday, June 16th. They set a “neutral” rating and a $1,250.00 target price on the stock. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $1,230.11.

Check Out Our Latest Stock Analysis on W.W. Grainger

Insider Activity at W.W. Grainger

In other W.W. Grainger news, VP Laurie R. Thomson sold 313 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $1,231.69, for a total transaction of $385,518.97. Following the sale, the vice president owned 399 shares of the company’s stock, valued at approximately $491,444.31. The trade was a 43.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Jonny M. Leroy sold 854 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $1,231.06, for a total transaction of $1,051,325.24. Following the transaction, the senior vice president owned 1,554 shares of the company’s stock, valued at $1,913,067.24. This trade represents a 35.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 2,624 shares of company stock valued at $3,232,291. 6.30% of the stock is owned by insiders.

W.W. Grainger Profile

(Free Report)

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.

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Institutional Ownership by Quarter for W.W. Grainger (NYSE:GWW)

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