Y.D. More Investments Ltd Acquires Shares of 1,663 W.W. Grainger, Inc. $GWW
by Michael Walen · The Markets DailyY.D. More Investments Ltd acquired a new stake in W.W. Grainger, Inc. (NYSE:GWW – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm acquired 1,663 shares of the industrial products company’s stock, valued at approximately $1,678,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of GWW. DAVENPORT & Co LLC lifted its holdings in W.W. Grainger by 0.6% during the 4th quarter. DAVENPORT & Co LLC now owns 1,789 shares of the industrial products company’s stock worth $1,805,000 after buying an additional 10 shares during the last quarter. Nomura Holdings Inc. increased its holdings in shares of W.W. Grainger by 0.3% in the 2nd quarter. Nomura Holdings Inc. now owns 3,283 shares of the industrial products company’s stock valued at $3,415,000 after acquiring an additional 11 shares during the last quarter. CWA Asset Management Group LLC raised its position in shares of W.W. Grainger by 4.5% during the 3rd quarter. CWA Asset Management Group LLC now owns 277 shares of the industrial products company’s stock worth $264,000 after acquiring an additional 12 shares in the last quarter. Wells Trecaso Financial Group LLC raised its position in shares of W.W. Grainger by 6.0% during the 3rd quarter. Wells Trecaso Financial Group LLC now owns 212 shares of the industrial products company’s stock worth $202,000 after acquiring an additional 12 shares in the last quarter. Finally, Rafferty Asset Management LLC lifted its stake in W.W. Grainger by 0.3% during the third quarter. Rafferty Asset Management LLC now owns 3,958 shares of the industrial products company’s stock worth $3,772,000 after purchasing an additional 12 shares during the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.
Insider Buying and Selling at W.W. Grainger
In other news, CFO Deidra C. Merriwether sold 1,488 shares of W.W. Grainger stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $1,114.28, for a total value of $1,658,048.64. Following the sale, the chief financial officer owned 10,541 shares of the company’s stock, valued at $11,745,625.48. The trade was a 12.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 6.30% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on GWW. Barclays upped their price target on W.W. Grainger from $1,044.00 to $1,047.00 and gave the company an “underweight” rating in a report on Monday, March 16th. JPMorgan Chase & Co. upped their target price on shares of 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. Oppenheimer increased their target price on shares of W.W. Grainger from $1,250.00 to $1,300.00 and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Morgan Stanley boosted their price target on shares of W.W. Grainger from $1,100.00 to $1,190.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 3rd. Finally, Weiss Ratings upgraded shares of W.W. Grainger from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, W.W. Grainger presently has an average rating of “Hold” and an average price target of $1,096.71.
Get Our Latest Research Report on GWW
W.W. Grainger Trading Up 0.1%
Shares of GWW stock opened at $1,118.40 on Monday. The company has a market capitalization of $52.93 billion, a P/E ratio of 31.60, a price-to-earnings-growth ratio of 2.35 and a beta of 1.09. The company has a current ratio of 2.83, a quick ratio of 1.59 and a debt-to-equity ratio of 0.57. The business’s 50 day moving average is $1,110.55 and its two-hundred day moving average is $1,027.93. W.W. Grainger, Inc. has a twelve month low of $893.99 and a twelve month high of $1,218.63.
W.W. Grainger (NYSE:GWW – Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $9.45 earnings per share for the quarter, missing the consensus estimate of $9.46 by ($0.01). W.W. Grainger had a return on equity of 47.46% and a net margin of 9.51%.The company had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.39 billion. During the same period in the prior year, the business earned $9.71 earnings per share. W.W. Grainger’s revenue for the quarter was up 4.5% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. Equities analysts forecast that W.W. Grainger, Inc. will post 40.3 EPS for the current year.
W.W. Grainger Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Monday, February 9th were paid a $2.26 dividend. This represents a $9.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, February 9th. W.W. Grainger’s dividend payout ratio (DPR) is 25.54%.
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.
Further Reading
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