Alpine Woods Capital Investors LLC Takes Position in W.W. Grainger, Inc. $GWW

Alpine Woods Capital Investors LLC acquired a new position in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,494 shares of the industrial products company's stock, valued at approximately $2,032,000.

Other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. acquired a new stake in W.W. Grainger in the 2nd quarter valued at about $6,303,024,000. Wellington Management Group LLP increased its holdings in shares of W.W. Grainger by 1,462.1% in the fourth quarter. Wellington Management Group LLP now owns 1,071,854 shares of the industrial products company's stock valued at $1,081,554,000 after purchasing an additional 1,003,237 shares during the last quarter. Norges Bank purchased a new position in W.W. Grainger during the fourth quarter worth approximately $518,958,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of W.W. Grainger by 34,269.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 435,466 shares of the industrial products company's stock valued at $439,407,000 after acquiring an additional 434,199 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of W.W. Grainger by 61.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,027,286 shares of the industrial products company's stock valued at $1,036,584,000 after acquiring an additional 389,589 shares during the last quarter. Hedge funds and other institutional investors own 80.70% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Sanford C. Bernstein lifted their target price on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a "market perform" rating in a research note on Tuesday, April 21st. Barclays lifted their price target on shares of W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an "underweight" rating in a research report on Tuesday, August 11th. Wall Street Zen upgraded W.W. Grainger from a "hold" rating to a "buy" rating in a research report on Sunday, August 9th. Royal Bank Of Canada reduced 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, Oppenheimer raised their price objective on W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 5th. Two equities research 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. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $1,274.12.

W.W. Grainger Stock Performance

Shares of GWW stock opened at $1,314.38 on Wednesday. The firm has a 50 day moving average of $1,345.40 and a two-hundred day moving average of $1,225.84. The stock has a market capitalization of $61.91 billion, a PE ratio of 33.51, a P/E/G ratio of 2.35 and a beta of 1.04. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. W.W. Grainger, Inc. has a 52 week low of $906.52 and a 52 week high of $1,419.91.

W.W. Grainger (NYSE:GWW - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, topping analysts' consensus estimates 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 business had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same quarter in the prior year, the company earned $9.97 earnings per share. The company'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. On average, research analysts predict that W.W. Grainger, Inc. will post 46.14 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

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

W.W. Grainger Company 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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