276 Shares in W.W. Grainger, Inc. $GWW Purchased by Pure Financial Advisors LLC

Key Points

• Pure Financial Advisors LLC acquired a new stake in W.W. Grainger, Inc. by purchasing 276 shares valued at approximately $287,000 during the second quarter.
• W.W. Grainger's stock recently increased by 0.4%, with a current price of $957.17 and a market cap of $45.78 billion.
• The company reported quarterly earnings of $9.97 EPS, missing analysts' estimates by $0.10, but achieved revenue of $4.55 billion, exceeding expectations.

Pure Financial Advisors LLC bought a new stake in W.W. Grainger, Inc. (NYSE:GWW - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 276 shares of the industrial products company's stock, valued at approximately $287,000.

A number of other large investors have also recently bought and sold shares of the company. Checchi Capital Advisers LLC lifted its position in shares of W.W. Grainger by 2.1% in the first quarter. Checchi Capital Advisers LLC now owns 486 shares of the industrial products company's stock worth $480,000 after purchasing an additional 10 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its stake in W.W. Grainger by 3.2% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 323 shares of the industrial products company's stock valued at $319,000 after buying an additional 10 shares during the last quarter. Hemington Wealth Management lifted its position in W.W. Grainger by 0.9% during the 1st quarter. Hemington Wealth Management now owns 1,139 shares of the industrial products company's stock worth $1,125,000 after buying an additional 10 shares in the last quarter. Grove Bank & Trust boosted its stake in shares of W.W. Grainger by 52.6% during the 2nd quarter. Grove Bank & Trust now owns 29 shares of the industrial products company's stock worth $30,000 after buying an additional 10 shares during the last quarter. Finally, Ridgewood Investments LLC grew its holdings in shares of W.W. Grainger by 50.0% in the 2nd quarter. Ridgewood Investments LLC now owns 30 shares of the industrial products company's stock valued at $31,000 after acquiring an additional 10 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company's stock.

W.W. Grainger Stock Up 0.4%

GWW stock opened at $957.17 on Friday. W.W. Grainger, Inc. has a 52 week low of $893.99 and a 52 week high of $1,227.66. The business has a 50-day simple moving average of $987.72 and a 200 day simple moving average of $1,017.15. The company has a quick ratio of 1.64, a current ratio of 2.82 and a debt-to-equity ratio of 0.57. The company has a market cap of $45.78 billion, a PE ratio of 24.29, a price-to-earnings-growth ratio of 2.78 and a beta of 1.17.

W.W. Grainger (NYSE:GWW - Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The industrial products company reported $9.97 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $10.07 by ($0.10). The firm had revenue of $4.55 billion for the quarter, compared to analyst estimates of $4.52 billion. W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The company's quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $9.76 earnings per share. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. Sell-side analysts anticipate that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 1st. Shareholders of record on Monday, August 11th were given a dividend of $2.26 per share. This represents a $9.04 annualized dividend and a yield of 0.9%. The ex-dividend date was Monday, August 11th. W.W. Grainger's payout ratio is currently 22.94%.

Insider Buying and Selling

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of the company's stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total transaction of $496,430.00. Following the completion of the sale, the senior vice president directly owned 1,771 shares in the company, valued at $1,758,355.06. This represents a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 6.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. JPMorgan Chase & Co. dropped their target price on W.W. Grainger from $1,125.00 to $1,035.00 and set a "neutral" rating on the stock in a report on Thursday, September 4th. Morgan Stanley cut their target price on shares of W.W. Grainger from $1,215.00 to $1,160.00 and set an "equal weight" rating for the company in a research note on Friday, July 11th. Royal Bank Of Canada decreased their target price on W.W. Grainger from $1,176.00 to $1,007.00 and set a "sector perform" rating on the stock in a report on Monday, August 4th. Weiss Ratings reissued a "buy (b)" rating on shares of W.W. Grainger in a research report on Saturday, September 27th. Finally, Loop Capital reduced their target price on shares of W.W. Grainger from $1,000.00 to $950.00 and set a "hold" rating for the company in a report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $1,069.13.

About W.W. Grainger

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.

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