W.W. Grainger, Inc. $GWW Shares Sold by Suncoast Equity Management

Suncoast Equity Management trimmed its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 2.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,334 shares of the industrial products company’s stock after selling 599 shares during the period. W.W. Grainger comprises 3.0% of Suncoast Equity Management’s holdings, making the stock its 16th largest position. Suncoast Equity Management owned approximately 0.06% of W.W. Grainger worth $29,599,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameriflex Group Inc. grew its holdings in W.W. Grainger by 211.1% in the third quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 19 shares during the period. Harbor Investment Advisory LLC grew its holdings in W.W. Grainger by 314.3% in the fourth quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 22 shares during the period. Elyxium Wealth LLC acquired a new stake in W.W. Grainger in the fourth quarter valued at approximately $30,000. State of Wyoming grew its holdings in W.W. Grainger by 650.0% in the second quarter. State of Wyoming now owns 45 shares of the industrial products company’s stock valued at $47,000 after purchasing an additional 39 shares during the period. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in W.W. Grainger in the fourth quarter valued at approximately $57,000. 80.70% of the stock is owned by institutional investors and hedge funds.

W.W. Grainger Trading Down 0.0%

NYSE:GWW opened at $1,234.01 on Monday. The stock has a 50-day simple moving average of $1,166.47 and a 200-day simple moving average of $1,090.43. The stock has a market cap of $58.26 billion, a P/E ratio of 33.19, a P/E/G ratio of 2.28 and a beta of 1.04. W.W. Grainger, Inc. has a 1 year low of $906.52 and a 1 year high of $1,286.56. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.60 and a current ratio of 2.69.

W.W. Grainger (NYSE:GWW) last posted its earnings results on Thursday, May 7th. The industrial products company reported $11.65 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same period in the previous year, the business earned $9.86 EPS. The business’s quarterly revenue was up 10.1% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. As a group, analysts anticipate that W.W. Grainger, Inc. will post 45.34 earnings per share for the current fiscal year.

W.W. Grainger Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Monday, May 11th will be issued a $2.49 dividend. This represents a $9.96 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is 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 (DPR) is presently 26.79%.

Wall Street Analysts Forecast Growth

Several analysts have commented on GWW shares. JPMorgan Chase & Co. raised their price objective on 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. Weiss Ratings raised W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Sanford C. Bernstein increased their price target 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. Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Finally, Barclays increased their price target on W.W. Grainger from $1,047.00 to $1,171.00 and gave the stock an “underweight” rating in a report on Tuesday, May 12th. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, W.W. Grainger has an average rating of “Hold” and a consensus target price of $1,212.88.

Insider Transactions at W.W. Grainger

In other news, VP Paige K. Robbins sold 1,457 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $1,232.29, for a total value of $1,795,446.53. Following the completion of the sale, the vice president directly owned 2,232 shares of the company’s stock, valued at approximately $2,750,471.28. The trade was a 39.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jonny M. Leroy sold 854 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,231.06, for a total value of $1,051,325.24. Following the completion of the sale, the senior vice president directly owned 1,554 shares of the company’s stock, valued at $1,913,067.24. The trade was a 35.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 6,451 shares of company stock valued at $7,380,743 over the last quarter. Company insiders own 6.30% of the company’s stock.

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.