Callan Family Office LLC Acquires 2,845 Shares of W.W. Grainger, Inc. $GWW

Key Points

• Callan Family Office LLC increased its stake in W.W. Grainger, acquiring an additional 2,845 shares during the second quarter, bringing its total ownership to 7,477 shares valued at approximately $7.78 million.
• W.W. Grainger reported earnings of $9.97 per share for the last quarter, which was lower than the analyst consensus estimate of $10.07, but the company's revenue rose by 5.6% year-over-year.
• The company recently announced a quarterly dividend of $2.26 per share, reflecting an annual yield of 0.9% and a payout ratio of 22.94%.

Callan Family Office LLC boosted its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 61.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,477 shares of the industrial products company's stock after acquiring an additional 2,845 shares during the period. Callan Family Office LLC's holdings in W.W. Grainger were worth $7,778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the company. Checchi Capital Advisers LLC boosted its holdings in 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 valued at $480,000 after purchasing an additional 10 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its stake in shares of W.W. Grainger by 3.2% during the first 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 last quarter. Hemington Wealth Management raised its stake in shares of W.W. Grainger by 0.9% during the first 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 last quarter. Grove Bank & Trust raised its stake in shares of W.W. Grainger by 52.6% during the second quarter. Grove Bank & Trust now owns 29 shares of the industrial products company's stock worth $30,000 after purchasing an additional 10 shares during the last quarter. Finally, Ridgewood Investments LLC raised its stake in shares of W.W. Grainger by 50.0% during the second quarter. Ridgewood Investments LLC now owns 30 shares of the industrial products company's stock worth $31,000 after purchasing an additional 10 shares during the last quarter. 80.70% of the stock is currently owned by institutional investors.

Insider Buying and Selling at W.W. Grainger

In other news, SVP Jonny M. Leroy sold 500 shares of the business's stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total value of $496,430.00. Following the completion of the sale, the senior vice president directly owned 1,771 shares in the company, valued at approximately $1,758,355.06. The trade was a 22.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 6.10% of the company's stock.

W.W. Grainger Stock Performance

Shares of NYSE:GWW opened at $967.17 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.64 and a current ratio of 2.82. W.W. Grainger, Inc. has a one year low of $893.99 and a one year high of $1,227.66. The business's 50-day simple moving average is $981.02 and its 200 day simple moving average is $1,016.44. The company has a market cap of $46.26 billion, a P/E ratio of 24.54, a PEG ratio of 2.81 and a beta of 1.17.

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

W.W. Grainger Dividend Announcement

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

Wall Street Analyst Weigh In

GWW has been the subject of several research analyst reports. Loop Capital cut their price objective on 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. Weiss Ratings reaffirmed a "buy (b)" rating on shares of W.W. Grainger in a research note on Wednesday. Barclays initiated coverage on W.W. Grainger in a research note on Wednesday. They set an "underweight" rating and a $963.00 price objective on the stock. Royal Bank Of Canada decreased their target price on shares of W.W. Grainger from $1,176.00 to $1,007.00 and set a "sector perform" rating on the stock in a research report on Monday, August 4th. Finally, JPMorgan Chase & Co. cut their price target on shares of W.W. Grainger from $1,125.00 to $1,035.00 and set a "neutral" rating on the stock in a research note on Thursday, September 4th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $1,073.88.

W.W. Grainger Company Profile

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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