WINTON GROUP Ltd bought a new position in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 562 shares of the industrial products company’s stock, valued at approximately $567,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in GWW. Norges Bank purchased a new position in W.W. Grainger during the fourth quarter worth about $518,958,000. Northwestern Mutual Wealth Management Co. grew its position in W.W. Grainger by 34,269.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 435,466 shares of the industrial products company’s stock worth $439,407,000 after buying an additional 434,199 shares in the last quarter. Sustainable Growth Advisers LP purchased a new position in W.W. Grainger during the third quarter worth about $239,597,000. Vanguard Group Inc. grew its position in W.W. Grainger by 1.9% during the third quarter. Vanguard Group Inc. now owns 5,731,880 shares of the industrial products company’s stock worth $5,462,252,000 after buying an additional 104,607 shares in the last quarter. Finally, M&T Bank Corp grew its position in W.W. Grainger by 899.0% during the fourth quarter. M&T Bank Corp now owns 94,737 shares of the industrial products company’s stock worth $95,594,000 after buying an additional 85,254 shares in the last quarter. 80.70% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
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 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 legal filing with the SEC, 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 approximately $1,913,067.24. This trade represents a 35.47% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 6,451 shares of company stock worth $7,380,743. Insiders own 6.30% of the company’s stock.
W.W. Grainger Trading Down 0.8%
W.W. Grainger (NYSE:GWW – Get Free Report) last released 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 company had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.58 billion. During the same quarter in the previous year, the company posted $9.86 EPS. W.W. Grainger’s revenue for the quarter 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. Equities analysts anticipate that W.W. Grainger, Inc. will post 45.34 EPS for the current fiscal year.
W.W. Grainger Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 11th were paid a $2.49 dividend. This is a boost from W.W. Grainger’s previous quarterly dividend of $2.26. The ex-dividend date of this dividend was Monday, May 11th. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.8%. W.W. Grainger’s dividend payout ratio is presently 26.79%.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on the company. Wall Street Zen upgraded W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Sanford C. Bernstein boosted their target price on W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a “market perform” rating in a research report on Tuesday, April 21st. Royal Bank Of Canada lifted their price target on W.W. Grainger from $1,170.00 to $1,337.00 and gave the stock a “sector perform” rating in a research note on Friday, May 8th. Finally, Stephens lifted their price target on W.W. Grainger from $1,300.00 to $1,355.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Three equities research 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, the stock has an average rating of “Hold” and a consensus price target of $1,212.88.
View Our Latest Stock Analysis on W.W. Grainger
W.W. Grainger 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.
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