351 Shares in W.W. Grainger, Inc. $GWW Bought by Andina Capital Management LLC

Key Points

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Andina Capital Management LLC purchased a new position in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 351 shares of the industrial products company's stock, valued at approximately $347,000.

A number of other large investors have also recently made changes to their positions in GWW. Checchi Capital Advisers LLC boosted its position in W.W. Grainger by 2.1% in the 1st quarter. Checchi Capital Advisers LLC now owns 486 shares of the industrial products company's stock valued at $480,000 after buying an additional 10 shares during the period. Cary Street Partners Investment Advisory LLC lifted its position in shares of 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 worth $319,000 after purchasing an additional 10 shares during the period. Hemington Wealth Management lifted its position in shares of W.W. Grainger by 0.9% in the 1st quarter. Hemington Wealth Management now owns 1,139 shares of the industrial products company's stock worth $1,125,000 after purchasing an additional 10 shares during the period. Crew Capital Management Ltd. lifted its position in shares of W.W. Grainger by 4.7% in the 1st quarter. Crew Capital Management Ltd. now owns 270 shares of the industrial products company's stock worth $267,000 after purchasing an additional 12 shares during the period. Finally, Cornerstone Planning Group LLC lifted its position in shares of W.W. Grainger by 34.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 47 shares of the industrial products company's stock worth $47,000 after purchasing an additional 12 shares during the period. 80.70% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Morgan Stanley lowered their price target 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 report on Friday, July 11th. Royal Bank Of Canada lowered their price target on shares of W.W. Grainger from $1,176.00 to $1,007.00 and set a "sector perform" rating for the company in a research report on Monday, August 4th. Loop Capital lowered their price target on shares of W.W. Grainger from $1,000.00 to $950.00 and set a "hold" rating for the company in a research report on Monday, August 4th. Finally, JPMorgan Chase & Co. upped their price target on shares of W.W. Grainger from $1,100.00 to $1,125.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $1,080.38.

W.W. Grainger Stock Performance

Shares of NYSE GWW traded up $26.5310 during midday trading on Friday, reaching $1,020.6010. The company had a trading volume of 333,372 shares, compared to its average volume of 289,364. The business's 50-day simple moving average is $1,018.75 and its 200 day simple moving average is $1,020.69. The stock has a market cap of $48.82 billion, a P/E ratio of 25.90, a P/E/G ratio of 2.91 and a beta of 1.18. W.W. Grainger, Inc. has a 1 year low of $893.99 and a 1 year high of $1,227.66. The company has a current ratio of 2.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.57.

W.W. Grainger (NYSE:GWW - Get Free Report) last posted its quarterly earnings results 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 company had revenue of $4.55 billion during the quarter, compared to analysts' expectations 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 period in the prior year, the business posted $9.76 EPS. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. On average, analysts forecast that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 1st. Shareholders of record on Monday, August 11th will be issued a $2.26 dividend. The ex-dividend date of this dividend is Monday, August 11th. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.9%. W.W. Grainger's dividend payout ratio (DPR) is currently 22.94%.

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.