Wealthfront Advisers LLC Raises Stock Holdings in W.W. Grainger, Inc. $GWW

Wealthfront Advisers LLC boosted its position in shares of W.W. Grainger, Inc. (NYSE:GWW) by 6.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,551 shares of the industrial products company’s stock after buying an additional 619 shares during the quarter. Wealthfront Advisers LLC’s holdings in W.W. Grainger were worth $9,102,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Parnassus Investments LLC purchased a new position in W.W. Grainger during the 3rd quarter valued at about $721,202,000. Norges Bank bought a new stake in shares of W.W. Grainger in the 2nd quarter worth approximately $536,916,000. Vanguard Group Inc. increased its stake in shares of W.W. Grainger by 4.4% during the second quarter. Vanguard Group Inc. now owns 5,627,273 shares of the industrial products company’s stock valued at $5,853,714,000 after buying an additional 238,895 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of W.W. Grainger by 46.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 443,386 shares of the industrial products company’s stock valued at $422,529,000 after acquiring an additional 140,869 shares in the last quarter. Finally, Rakuten Investment Management Inc. purchased a new stake in W.W. Grainger in the third quarter worth $63,913,000. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at W.W. Grainger

In other news, CEO Donald G. Macpherson sold 12,163 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $972.57, for a total value 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 represents a 10.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Krantz Nancy L. Berardinelli sold 195 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $1,023.93, for a total transaction of $199,666.35. Following the sale, the vice president directly owned 3,174 shares of the company’s stock, valued at $3,249,953.82. This trade represents a 5.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 26,881 shares of company stock valued at $26,157,155. 6.10% of the stock is owned by company insiders.

W.W. Grainger Price Performance

GWW stock opened at $1,202.12 on Thursday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.59 and a current ratio of 2.83. The firm has a 50 day moving average price of $1,053.04 and a 200-day moving average price of $1,000.01. W.W. Grainger, Inc. has a 52-week low of $893.99 and a 52-week high of $1,208.28. The firm has a market capitalization of $57.16 billion, a price-to-earnings ratio of 33.97, a PEG ratio of 2.49 and a beta of 1.10.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $9.44 earnings per share for the quarter, missing analysts’ consensus estimates of $9.46 by ($0.02). W.W. Grainger had a net margin of 9.51% and a return on equity of 47.46%. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.39 billion. During the same period last year, the business earned $9.71 EPS. The firm’s quarterly revenue was up 4.5% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. Equities research analysts forecast that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. boosted 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. Morgan Stanley cut their target price 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 research note on Tuesday, November 25th. Weiss Ratings raised shares of W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. Oppenheimer raised their price objective 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, Royal Bank Of Canada upped their target price on 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. Three 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 company has an average rating of “Hold” and a consensus price target of $1,060.13.

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.