Cibc World Market Inc. Invests $3.65 Million in W.W. Grainger, Inc. $GWW

Key Points

• CIBC World Market acquired 2,681 shares of W.W. Grainger valued at approximately $3.65 million during the second quarter. Institutional investors collectively own 80.7% of the company, with several major firms also increasing their positions.
• Grainger reported quarterly earnings of $12.01 per share, exceeding estimates of $11.30, while revenue rose 10.3% year over year to $5.02 billion. The company projects fiscal 2026 EPS of $45.50–$47.25.
• The company declared a quarterly dividend of $2.49 per share, equivalent to an annualized $9.96 dividend and a 0.7% yield. Despite several analysts raising price targets, the stock carries a consensus “Hold” rating with a $1,286.62 target.

Cibc World Market Inc. acquired a new position in W.W. Grainger, Inc. (NYSE:GWW - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,681 shares of the industrial products company's stock, valued at approximately $3,647,000.

Several other large investors also recently added to or reduced their stakes in GWW. BlackRock Inc. bought a new position in W.W. Grainger in the second quarter worth approximately $6,303,024,000. Wellington Management Group LLP boosted its stake in shares of W.W. Grainger by 1,462.1% during the 4th quarter. Wellington Management Group LLP now owns 1,071,854 shares of the industrial products company's stock worth $1,081,554,000 after acquiring an additional 1,003,237 shares during the last quarter. Norges Bank bought a new stake in shares of W.W. Grainger during the 4th quarter valued at $518,958,000. Northwestern Mutual Wealth Management Co. grew 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 period. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of W.W. Grainger by 61.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,027,286 shares of the industrial products company's stock worth $1,036,584,000 after purchasing an additional 389,589 shares in the last quarter. 80.70% of the stock is currently owned by institutional investors.

W.W. Grainger Trading Up 2.8%

Shares of GWW stock opened at $1,337.59 on Thursday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81. The stock has a fifty day simple moving average of $1,345.00 and a two-hundred day simple moving average of $1,233.47. The firm has a market capitalization of $63.00 billion, a PE ratio of 34.10, a PEG ratio of 2.32 and a beta of 1.04. 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 announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating the consensus estimate of $11.30 by $0.71. The business 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 business's revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the business earned $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, analysts predict that W.W. Grainger, Inc. will post 46.1 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 10th will be issued a $2.49 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a yield of 0.7%. W.W. Grainger's payout ratio is currently 25.40%.

Analyst Ratings Changes

GWW has been the topic of a number of recent research reports. Oppenheimer raised their target price on W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an "outperform" rating in a report on Wednesday, August 5th. Barclays raised their price objective on W.W. Grainger from $1,166.00 to $1,185.00 and gave the stock an "underweight" rating in a research note on Tuesday, August 11th. Morgan Stanley boosted their price objective on W.W. Grainger from $1,300.00 to $1,400.00 and gave the company an "equal weight" rating in a research note on Monday. Wolfe Research raised shares of W.W. Grainger from an "underperform" rating to a "peer perform" rating in a report on Thursday, July 9th. Finally, Wall Street Zen upgraded shares of W.W. Grainger from a "hold" rating to a "buy" rating in a research note on Sunday, August 9th. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, W.W. Grainger has a consensus rating of "Hold" and a consensus 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.

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