1ST Source Bank Makes New Investment in W.W. Grainger, Inc. $GWW

Key Points

• 1ST Source Bank bought 1,266 shares of W.W. Grainger worth approximately $1.72 million, while institutional investors collectively own 80.7% of the company.
• Grainger exceeded quarterly expectations, reporting $12.01 EPS and $5.02 billion in revenue, with revenue up 10.3% year over year. The company set fiscal 2026 EPS guidance at $45.50–$47.25.
• Analysts maintain a consensus “Hold” rating with a $1,274.12 price target, while Grainger declared a quarterly dividend of $2.49, equivalent to a 0.8% annual yield.

1ST Source Bank bought a new position in W.W. Grainger, Inc. (NYSE:GWW - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,266 shares of the industrial products company's stock, valued at approximately $1,722,000.

A number of other institutional investors have also modified their holdings of the stock. Elevation Wealth Partners LLC lifted its holdings in W.W. Grainger by 420.0% during the 2nd 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 position in W.W. Grainger in the fourth quarter valued at approximately $26,000. MV Capital Management Inc. bought a new position in shares of W.W. Grainger during the fourth quarter valued at approximately $28,000. Elyxium Wealth LLC acquired a new position in W.W. Grainger during the 4th quarter valued at approximately $30,000. Finally, Caitlin John LLC acquired a new position in W.W. Grainger during the 4th quarter valued at approximately $35,000. Institutional investors and hedge funds own 80.70% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on GWW shares. Morgan Stanley raised their target price on W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an "equal weight" rating in a research note on Wednesday, May 27th. 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 research note on Thursday, August 6th. Wall Street Zen upgraded W.W. Grainger from a "hold" rating to a "buy" rating in a research report on Sunday, August 9th. Barclays raised their price target on W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an "underweight" rating in a report on Tuesday, August 11th. Finally, Wolfe Research upgraded shares of W.W. Grainger from an "underperform" rating to a "peer perform" rating in a research note on Thursday, July 9th. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, W.W. Grainger currently has an average rating of "Hold" and a consensus price target of $1,274.12.

W.W. Grainger Stock Performance

Shares of GWW opened at $1,322.34 on Monday. W.W. Grainger, Inc. has a one year low of $906.52 and a one year high of $1,419.91. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70. The stock has a market cap of $62.28 billion, a price-to-earnings ratio of 33.72, a PEG ratio of 2.35 and a beta of 1.04. The company has a 50-day moving average of $1,345.39 and a two-hundred day moving average of $1,222.27.

W.W. Grainger (NYSE:GWW - Get Free Report) last announced 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 return on equity of 48.73% and a net margin of 9.92%.The firm 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 business earned $9.97 EPS. The business's revenue for the quarter 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. On average, equities research analysts expect that W.W. Grainger, Inc. will post 46.14 earnings per share for the current year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be paid a $2.49 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.8%. W.W. Grainger's dividend payout ratio is 25.40%.

W.W. Grainger Profile

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.

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