Q3 EPS Estimates for W.W. Grainger Lifted by Zacks Research

Key Points

• Zacks Research raised W.W. Grainger’s Q3 2028 EPS estimate to $14.19 from $14.16; analysts expect full-year earnings of $46.25 per share.
• Grainger’s latest quarterly results exceeded expectations, with EPS of $12.01 versus $11.30 expected and revenue of $5.02 billion, up 10.3% year over year. The company reaffirmed FY 2026 EPS guidance of $45.50–$47.25.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $1,285. The company also pays a quarterly dividend of $2.49 per share, yielding approximately 0.8% annually.

W.W. Grainger, Inc. (NYSE:GWW - Free Report) - Research analysts at Zacks Research raised their Q3 2028 EPS estimates for W.W. Grainger in a report released on Tuesday, September 29th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $14.19 for the quarter, up from their previous forecast of $14.16. The consensus estimate for W.W. Grainger's current full-year earnings is $46.25 per share.

Other analysts have also recently issued reports about the company. Weiss Ratings upgraded W.W. Grainger from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, July 17th. Oppenheimer increased their price objective on W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. Stephens downgraded W.W. Grainger from an "overweight" rating to an "equal weight" rating and set a $1,355.00 price objective on the stock. in a report on Tuesday, July 14th. Royal Bank Of Canada cut their target price on W.W. Grainger from $1,460.00 to $1,428.00 and set a "sector perform" rating on the stock in a research report on Wednesday, August 5th. Finally, DA Davidson boosted their target price on W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a "neutral" rating in a research note on Thursday, August 6th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $1,285.00.

W.W. Grainger Stock Performance

Shares of GWW stock opened at $1,281.31 on Friday. The company has a current ratio of 2.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.53. The firm has a fifty day moving average price of $1,303.23 and a 200 day moving average price of $1,260.41. The company has a market cap of $60.35 billion, a P/E ratio of 32.67, a PEG ratio of 2.21 and a beta of 1.01. W.W. Grainger has a 12 month low of $906.52 and a 12 month high of $1,419.91.

W.W. Grainger (NYSE:GWW - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 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 company had revenue of $5.02 billion during the quarter, compared to analysts' expectations of $4.96 billion. During the same quarter in the previous year, the business posted $9.97 EPS. The firm's revenue was up 10.3% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS.

W.W. Grainger Dividend Announcement

The company also recently disclosed 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. The ex-dividend date of this dividend was Monday, August 10th. This represents a $9.96 annualized dividend and a dividend yield of 0.8%. W.W. Grainger's dividend payout ratio (DPR) is presently 25.40%.

Institutional Trading of W.W. Grainger

Hedge funds and other institutional investors have recently made changes to their positions in the company. Continuum Advisory LLC acquired a new position in W.W. Grainger during the second quarter worth approximately $34,000. Elevation Wealth Partners LLC boosted its holdings in shares of 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 valued at $35,000 after acquiring an additional 21 shares during the period. EFG International AG purchased a new position in shares of W.W. Grainger during the second quarter worth approximately $37,000. MV Capital Management Inc. purchased a new position in shares of W.W. Grainger during the fourth quarter worth approximately $28,000. Finally, Caitlin John LLC acquired a new position in shares of W.W. Grainger in the 2nd quarter valued at $48,000. Institutional investors and hedge funds own 80.70% of the company's stock.

About W.W. Grainger

W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) products and related services. The company serves businesses, government organizations and other institutions that need supplies to maintain facilities, equipment and operations.

Its product offerings include tools, safety equipment, cleaning and maintenance supplies, material-handling products, electrical and plumbing components, lighting, heating and cooling equipment, and other industrial and facility-management products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.