Wolfe Research Reiterates “Peer Perform” Rating for W.W. Grainger (NYSE:GWW)

W.W. Grainger (NYSE:GWW)‘s stock had its “peer perform” rating reaffirmed by investment analysts at Wolfe Research in a note issued to investors on Tuesday, Benzinga reports.

Several other analysts have also recently issued reports on the company. Wall Street Zen raised W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Morgan Stanley boosted their price target on W.W. Grainger from $1,300.00 to $1,400.00 and gave the stock an “equal weight” rating in a research report on Monday, August 24th. Stephens cut W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price objective for the company. in a research note on Tuesday, July 14th. Oppenheimer raised their price objective on W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Finally, Royal Bank Of Canada cut their target price on W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $1,286.62.

W.W. Grainger Price Performance

GWW opened at $1,275.96 on Tuesday. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53. The business’s fifty day simple moving average is $1,331.17 and its 200-day simple moving average is $1,247.32. The company has a market capitalization of $60.10 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 2.27 and a beta of 1.03. W.W. Grainger has a 12-month low of $906.52 and a 12-month high of $1,419.91.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $11.30 by $0.71. The firm had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.96 billion. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The company’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period last year, the firm earned $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, equities research analysts anticipate that W.W. Grainger will post 46.24 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. MV Capital Management Inc. acquired a new stake in W.W. Grainger in the fourth quarter worth about $28,000. Elyxium Wealth LLC acquired a new position in shares of W.W. Grainger during the fourth quarter valued at about $30,000. Continuum Advisory LLC purchased a new position in shares of W.W. Grainger in the 2nd quarter valued at approximately $34,000. Elevation Wealth Partners LLC boosted its stake in W.W. Grainger by 420.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 21 shares in the last quarter. Finally, EFG International AG purchased a new stake in W.W. Grainger during the 2nd quarter worth approximately $37,000. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

W.W. Grainger Company Profile

W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) products and related services. The company serves businesses, government agencies and other organizations that need supplies to maintain facilities, equipment and operations. Its product categories include tools, safety equipment, material handling products, cleaning and maintenance supplies, electrical and lighting products, plumbing supplies, HVAC equipment and fasteners.

Founded in 1927 by William W. Grainger, the company has grown from a regional electrical-equipment distributor into a global MRO provider.