Canada Pension Plan Investment Board Buys Shares of 51,310 W.W. Grainger, Inc. $GWW

Key Points

• Canada Pension Plan Investment Board bought 51,310 shares of W.W. Grainger worth approximately $69.8 million, representing a 0.11% stake. Institutional investors collectively own 80.70% of the company.
• Grainger exceeded quarterly expectations, reporting $12.01 in earnings per share and $5.02 billion in revenue, with revenue up 10.3% year over year. The company issued fiscal 2026 EPS guidance of $45.50 to $47.25.
• The company declared a quarterly dividend of $2.49 per share, equivalent to an annualized $9.96 payout and a 0.8% yield. Analysts’ average rating remains “Hold,” with an average price target of $1,286.62.

Canada Pension Plan Investment Board purchased a new position in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 51,310 shares of the industrial products company's stock, valued at approximately $69,802,000. Canada Pension Plan Investment Board owned 0.11% of W.W. Grainger as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of GWW. Brighton Jones LLC grew its position in W.W. Grainger by 46.8% in the 4th quarter. Brighton Jones LLC now owns 320 shares of the industrial products company's stock valued at $338,000 after buying an additional 102 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of W.W. Grainger by 18.0% in the first quarter. Empowered Funds LLC now owns 2,851 shares of the industrial products company's stock valued at $2,816,000 after acquiring an additional 435 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of W.W. Grainger by 169.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,826 shares of the industrial products company's stock valued at $3,980,000 after acquiring an additional 2,407 shares during the period. Gamco Investors INC. ET AL acquired a new position in shares of W.W. Grainger during the second quarter valued at approximately $208,000. Finally, Sei Investments Co. raised its holdings in W.W. Grainger by 35.2% during the second quarter. Sei Investments Co. now owns 41,388 shares of the industrial products company's stock worth $43,051,000 after purchasing an additional 10,784 shares in the last quarter. Institutional investors own 80.70% of the company's stock.

W.W. Grainger Stock Down 1.2%

Shares of W.W. Grainger stock opened at $1,319.67 on Friday. The firm has a market cap of $62.16 billion, a price-to-earnings ratio of 33.65, a P/E/G ratio of 2.38 and a beta of 1.04. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70. W.W. Grainger, Inc. has a 52-week low of $906.52 and a 52-week high of $1,419.91. The stock has a 50-day simple moving average of $1,344.10 and a 200-day simple moving average of $1,234.33.

W.W. Grainger (NYSE:GWW - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, topping analysts' consensus estimates of $11.30 by $0.71. The firm had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The firm's revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, equities research analysts expect that W.W. Grainger, Inc. will post 46.1 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

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

Analyst Ratings Changes

Several equities analysts have weighed in on GWW shares. Morgan Stanley lifted their price objective on shares of W.W. Grainger from $1,300.00 to $1,400.00 and gave the stock an "equal weight" rating in a research report on Monday. Wolfe Research upgraded W.W. Grainger from an "underperform" rating to a "peer perform" rating in a report on Thursday, July 9th. Wall Street Zen raised W.W. Grainger from a "hold" rating to a "buy" rating in a research report on Sunday, August 9th. Oppenheimer lifted their price target on W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada dropped their price target 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. Two 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. According to data from MarketBeat, W.W. Grainger currently has an average rating of "Hold" and an average price target of $1,286.62.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.