W.W. Grainger (NYSE:GWW) Upgraded at Wall Street Zen

by · The Markets Daily

Wall Street Zen upgraded shares of W.W. Grainger (NYSE:GWW – Free Report) from a hold rating to a buy rating in a research note issued to investors on Sunday morning.

GWW has been the topic of a number of other research reports. Oppenheimer raised their target price on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Weiss Ratings raised W.W. Grainger from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Wolfe Research upgraded W.W. Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Barclays cut their price target on W.W. Grainger from $1,171.00 to $1,166.00 and set an “underweight” rating on the stock in a report on Tuesday, June 23rd. Finally, Morgan Stanley boosted their price objective on W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 27th. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $1,274.12.

Read Our Latest Stock Analysis on W.W. Grainger

W.W. Grainger Trading Up 0.3%

NYSE:GWW opened at $1,301.38 on Friday. 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 business’s 50 day moving average is $1,343.95 and its two-hundred day moving average is $1,216.81. W.W. Grainger has a 52 week low of $906.52 and a 52 week high of $1,419.91. The company has a market cap of $61.30 billion, a PE ratio of 33.18, a P/E/G ratio of 2.31 and a beta of 1.04.

W.W. Grainger (NYSE:GWW – Get Free Report) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $4.96 billion. During the same period in the prior year, the company earned $9.97 earnings per share. The firm’s 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. On average, analysts predict that W.W. Grainger will post 46.14 EPS for the current year.

W.W. Grainger Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th will be paid 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 of this dividend is Monday, August 10th. W.W. Grainger’s payout ratio is presently 25.40%.

Institutional Investors Weigh In On W.W. Grainger

Several large investors have recently made changes to their positions in the company. Ieq Capital LLC bought a new stake in shares of W.W. Grainger during the second quarter valued at approximately $320,000. Callan Family Office LLC bought a new position in W.W. Grainger in the 2nd quarter worth approximately $10,149,000. Blue Capital Inc. bought a new position in W.W. Grainger in the 2nd quarter worth approximately $298,000. Keating Financial Advisory Services Inc. acquired a new stake in W.W. Grainger in the 2nd quarter valued at approximately $362,000. Finally, Patron Partners LLC acquired a new stake in W.W. Grainger in the 2nd quarter valued at approximately $3,069,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Company Profile

(Get Free Report)

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.

Further Reading