Hsbc Holdings PLC Has $184.25 Million Holdings in W.W. Grainger, Inc. $GWW

Hsbc Holdings PLC cut its position in shares of W.W. Grainger, Inc. (NYSE:GWW) by 6.4% in the second quarter, Holdings Channel reports. The firm owned 135,375 shares of the industrial products company’s stock after selling 9,221 shares during the period. Hsbc Holdings PLC’s holdings in W.W. Grainger were worth $184,246,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Elevation Wealth Partners LLC increased its holdings in W.W. Grainger by 420.0% in the second quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company’s stock worth $35,000 after buying an additional 21 shares during the last quarter. Miller Capital Partners Inc. acquired a new stake in W.W. Grainger in the fourth quarter valued at approximately $26,000. EFG International AG bought a new stake in W.W. Grainger in the second quarter worth approximately $37,000. MV Capital Management Inc. bought a new stake in W.W. Grainger in the fourth quarter worth approximately $28,000. Finally, Elyxium Wealth LLC acquired a new position in shares of W.W. Grainger during the 4th quarter worth $30,000. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on GWW shares. DA Davidson raised their price target on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Royal Bank Of Canada decreased their price objective on shares of W.W. Grainger from $1,460.00 to $1,428.00 and set a “sector perform” rating for the company in a report on Wednesday, August 5th. Wolfe Research raised shares of W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Weiss Ratings upgraded W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Finally, Barclays boosted their price target on W.W. Grainger from $1,166.00 to $1,185.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 11th. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $1,286.62.

W.W. Grainger Trading Up 0.0%

NYSE:GWW opened at $1,324.65 on Monday. W.W. Grainger, Inc. has a 12 month low of $906.52 and a 12 month high of $1,419.91. The firm has a market cap of $62.39 billion, a price-to-earnings ratio of 33.77, a P/E/G ratio of 2.35 and a beta of 1.03. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. The company’s 50 day moving average is $1,339.02 and its 200-day moving average is $1,240.57.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $11.30 by $0.71. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The business had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same period in the prior year, the firm earned $9.97 EPS. W.W. Grainger’s quarterly revenue was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Equities analysts anticipate that W.W. Grainger, Inc. will post 46.17 EPS for the current year.

W.W. Grainger Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th were issued a dividend of $2.49 per share. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Monday, August 10th. W.W. Grainger’s dividend payout ratio is 25.40%.

About W.W. Grainger

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.