W.W. Grainger (NYSE:GWW) Given New $1,645.00 Price Target at Oppenheimer

Key Points

• Oppenheimer raised W.W. Grainger’s price target to $1,645 from $1,375 and reiterated an “outperform” rating, implying 13.37% upside from the share price cited in the report.
• Grainger’s latest quarter beat expectations, with EPS of $12.54 versus $11.68 anticipated and revenue of $5.18 billion versus $5.08 billion; revenue grew 11.3% year over year.
• Analyst sentiment overall remains “Hold,” with a consensus price target of $1,309.92; the stock traded at $1,450.98 in the report.

W.W. Grainger (NYSE:GWW - Get Free Report) had its price objective increased by investment analysts at Oppenheimer from $1,375.00 to $1,645.00 in a report released on Thursday, Benzinga reports. The brokerage presently has an "outperform" rating on the industrial products company's stock. Oppenheimer's price objective would suggest a potential upside of 13.37% from the company's current price.

Several other research firms have also recently commented on GWW. Stephens lifted their target price on shares of W.W. Grainger from $1,355.00 to $1,380.00 and gave the stock an "equal weight" rating in a research note on Thursday. Morgan Stanley increased their price target on W.W. Grainger from $1,300.00 to $1,400.00 and gave the stock an "equal weight" rating in a research note on Monday, August 24th. Wall Street Zen upgraded W.W. Grainger from a "hold" rating to a "buy" rating in a report on Saturday, October 10th. Jefferies Financial Group raised their price objective on W.W. Grainger from $1,150.00 to $1,300.00 and gave the stock a "hold" rating in a report on Monday, July 20th. Finally, Barclays lowered their price objective on W.W. Grainger from $1,185.00 to $1,172.00 and set an "underweight" rating for the company in a research report on Friday, September 25th. Three investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, W.W. Grainger presently has a consensus rating of "Hold" and a consensus target price of $1,309.92.

W.W. Grainger Price Performance

Shares of NYSE:GWW traded down $38.41 on Thursday, hitting $1,450.98. The company had a trading volume of 195,510 shares, compared to its average volume of 276,450. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53. W.W. Grainger has a 52-week low of $906.52 and a 52-week high of $1,521.41. The business has a 50 day moving average of $1,307.27 and a 200 day moving average of $1,241.15. The company has a market cap of $68.34 billion, a PE ratio of 36.87, a PEG ratio of 2.48 and a beta of 0.95.

W.W. Grainger (NYSE:GWW - Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The industrial products company reported $12.54 EPS for the quarter, topping analysts' consensus estimates of $11.68 by $0.86. The firm had revenue of $5.18 billion during the quarter, compared to analysts' expectations of $5.08 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%. The firm's quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the business posted $10.21 EPS. As a group, equities analysts anticipate that W.W. Grainger will post 46.31 earnings per share for the current fiscal year.

Institutional Trading of W.W. Grainger

Several institutional investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new position in shares of W.W. Grainger during the 2nd quarter valued at $6,303,024,000. Bank of America Corp DE increased its stake in shares of W.W. Grainger by 4.5% in the first quarter. Bank of America Corp DE now owns 527,969 shares of the industrial products company's stock worth $575,914,000 after acquiring an additional 22,731 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of W.W. Grainger by 2.4% during the first quarter. Dimensional Fund Advisors LP now owns 409,142 shares of the industrial products company's stock worth $446,210,000 after acquiring an additional 9,743 shares in the last quarter. Amundi raised its holdings in shares of W.W. Grainger by 24.1% during the second quarter. Amundi now owns 363,308 shares of the industrial products company's stock worth $494,244,000 after acquiring an additional 70,451 shares in the last quarter. Finally, International Assets Investment Management LLC raised its holdings in shares of W.W. Grainger by 147,683.3% during the third quarter. International Assets Investment Management LLC now owns 300,000 shares of the industrial products company's stock worth $373,728,000 after acquiring an additional 299,797 shares in the last quarter. 80.70% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about W.W. Grainger

Here are the key news stories impacting W.W. Grainger this week:

• Positive Sentiment: Third-quarter sales rose 11.3% year over year to $5.18 billion, while adjusted EPS of $12.54 topped analyst expectations. Adjusted operating margin increased 90 basis points to 16.1%. Grainger reports third-quarter 2026 results
• Positive Sentiment: Grainger raised its 2026 adjusted EPS outlook to $47–$48, citing continued strong performance and an improving demand environment. Grainger posts higher earnings and lifts FY26 outlook
• Negative Sentiment: Stephens raised its price target to $1,380 but maintained an “equal weight” rating; the target is still below the recent share price, signaling limited upside in the firm’s view. Stephens stock recommendations
• Negative Sentiment: Commentary that the earnings rally raises Grainger’s valuation hurdle suggests investors may expect continued strong execution, potentially making the stock more sensitive to any slowdown. Grainger earnings rally raises the valuation hurdle

W.W. Grainger Company Profile

W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) supplies for businesses, government agencies and other organizations. Its product offerings include safety equipment, tools, fasteners, electrical and plumbing supplies, material-handling equipment, cleaning and janitorial products, HVAC supplies, and facility-maintenance products.

The company also provides services designed to help customers manage procurement and workplace operations, including product selection support, inventory-management programs, digital purchasing tools, and technical assistance.

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