W.W. Grainger, Inc. $GWW Shares Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd boosted its stake in W.W. Grainger, Inc. (NYSE:GWW) by 107.7% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 8,294 shares of the industrial products company’s stock after acquiring an additional 4,300 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in W.W. Grainger were worth $7,904,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Hilltop National Bank purchased a new position in shares of W.W. Grainger during the 2nd quarter worth $25,000. Quaker Wealth Management LLC raised its position in W.W. Grainger by 196.0% in the second quarter. Quaker Wealth Management LLC now owns 24 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 49 shares during the period. Accredited Investors Inc. purchased a new stake in shares of W.W. Grainger in the 3rd quarter valued at $25,000. Brown Lisle Cummings Inc. boosted its stake in shares of W.W. Grainger by 316.7% in the second quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 19 shares during the period. Finally, Loomis Sayles & Co. L P purchased a new stake in shares of W.W. Grainger during the second quarter worth $27,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.

W.W. Grainger Trading Down 1.0%

GWW opened at $1,056.47 on Friday. The company has a quick ratio of 1.59, a current ratio of 2.72 and a debt-to-equity ratio of 0.60. W.W. Grainger, Inc. has a 52 week low of $893.99 and a 52 week high of $1,139.15. The business’s 50 day moving average is $1,002.66 and its two-hundred day moving average is $991.90. The firm has a market cap of $50.23 billion, a price-to-earnings ratio of 29.63, a price-to-earnings-growth ratio of 2.62 and a beta of 1.12.

W.W. Grainger (NYSE:GWW) last announced its 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 business had revenue of $4.66 billion for the quarter, compared to analysts’ expectations of $4.64 billion. W.W. Grainger had a net margin of 9.75% and a return on equity of 49.40%. The company’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the company posted $9.87 EPS. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. On average, research analysts predict that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 10th were paid a dividend of $2.26 per share. This represents a $9.04 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Monday, November 10th. W.W. Grainger’s dividend payout ratio is 25.35%.

Insider Buying and Selling at W.W. Grainger

In other news, VP Krantz Nancy L. Berardinelli sold 195 shares of W.W. Grainger stock in a transaction dated 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 sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Donald G. Macpherson sold 12,163 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $972.57, for a total transaction of $11,829,368.91. Following the transaction, the chief executive officer owned 103,885 shares in the company, valued at approximately $101,035,434.45. This trade represents a 10.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 26,881 shares of company stock valued at $26,157,155 in the last 90 days. Company insiders own 6.10% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on GWW. JPMorgan Chase & Co. lifted their price objective on W.W. Grainger from $1,045.00 to $1,100.00 and gave the company a “neutral” rating in a research note on Friday, January 16th. Barclays raised their target price on shares of W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a report on Friday, November 7th. Royal Bank Of Canada boosted their price target on shares of W.W. Grainger from $1,006.00 to $1,050.00 and gave the stock a “sector perform” rating in a report on Monday, November 3rd. Morgan Stanley reduced their price objective on shares of W.W. Grainger from $1,150.00 to $1,100.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 25th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of W.W. Grainger in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, W.W. Grainger presently has an average rating of “Reduce” and an average target price of $1,016.57.

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.