California State Teachers Retirement System Sells 5,321 Shares of W.W. Grainger, Inc. $GWW

California State Teachers Retirement System decreased its holdings in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 7.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,743 shares of the industrial products company's stock after selling 5,321 shares during the period. California State Teachers Retirement System owned about 0.14% of W.W. Grainger worth $89,436,777 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Ameritas Advisory Services LLC acquired a new stake in W.W. Grainger during the second quarter valued at $813,000. Wedmont Private Capital increased its stake in W.W. Grainger by 3.5% during the second quarter. Wedmont Private Capital now owns 774 shares of the industrial products company's stock worth $1,065,000 after acquiring an additional 26 shares during the last quarter. HB Wealth Management LLC increased its stake in W.W. Grainger by 2.8% during the second quarter. HB Wealth Management LLC now owns 1,717 shares of the industrial products company's stock valued at $2,336,000 after purchasing an additional 47 shares during the last quarter. Saudi Central Bank lifted its stake in W.W. Grainger by 83.9% during the second quarter. Saudi Central Bank now owns 3,065 shares of the industrial products company's stock valued at $4,170,000 after purchasing an additional 1,398 shares during the last quarter. Finally, Hutchens & Kramer Investment Management Group LLC grew its position in W.W. Grainger by 4.0% in the second quarter. Hutchens & Kramer Investment Management Group LLC now owns 311 shares of the industrial products company's stock worth $423,000 after acquiring an additional 12 shares in the last quarter. Institutional investors own 80.70% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on GWW. Wolfe Research reaffirmed a "peer perform" rating on shares of W.W. Grainger in a research note on Tuesday. Stephens cut shares of W.W. Grainger from an "overweight" rating to an "equal weight" rating and set a $1,355.00 target price on the stock. in a research note on Tuesday, July 14th. Royal Bank Of Canada lowered their price target on shares of W.W. Grainger from $1,460.00 to $1,428.00 and set a "sector perform" rating for the company in a research report on Wednesday, August 5th. Weiss Ratings upgraded W.W. Grainger from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, July 17th. Finally, Wall Street Zen upgraded W.W. Grainger from a "hold" rating to a "buy" rating in a research note on Sunday, August 9th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $1,286.62.

W.W. Grainger Price Performance

W.W. Grainger stock traded down $0.03 during mid-day trading on Tuesday, hitting $1,277.48. The company's stock had a trading volume of 149,158 shares, compared to its average volume of 277,922. W.W. Grainger, Inc. has a twelve month low of $906.52 and a twelve month high of $1,419.91. The stock's fifty day moving average price is $1,331.17 and its two-hundred day moving average price is $1,247.32. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $60.17 billion, a P/E ratio of 32.54, a P/E/G ratio of 2.27 and a beta of 1.03.

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, beating 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 firm had revenue of $5.02 billion during the quarter, compared to analysts' expectations of $4.96 billion. During the same quarter last year, the company posted $9.97 EPS. The company's quarterly revenue was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Research analysts forecast that W.W. Grainger, Inc. will post 46.24 earnings per share for the current year.

W.W. Grainger Announces Dividend

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

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 agencies and other organizations that need supplies to maintain facilities, equipment and operations. Its product categories include tools, safety equipment, material handling products, cleaning and maintenance supplies, electrical and lighting products, plumbing supplies, HVAC equipment and fasteners.

Founded in 1927 by William W. Grainger, the company has grown from a regional electrical-equipment distributor into a global MRO provider.

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