Commerce Bank Takes Position in W.W. Grainger, Inc. $GWW

Key Points

• Commerce Bank acquired 6,347 shares of W.W. Grainger during the second quarter, valued at approximately $8.6 million. Institutional investors and hedge funds collectively own 80.70% of the company.
• Grainger reported quarterly EPS of $12.01, beating estimates of $11.30, while revenue rose 10.3% year over year to $5.02 billion. The company provided fiscal 2026 EPS guidance of $45.50–$47.25.
• Analysts maintain a broadly neutral outlook, with an average rating of “Hold” and a consensus price target of $1,274.12 versus the stock’s reported price of $1,312.12. Grainger also declared a quarterly dividend of $2.49, equivalent to a 0.8% annualized yield.

Commerce Bank acquired a new stake in W.W. Grainger, Inc. (NYSE:GWW - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 6,347 shares of the industrial products company's stock, valued at approximately $8,634,000.

Other hedge funds have also recently bought and sold shares of the company. Avantax Planning Partners Inc. increased its stake in W.W. Grainger by 1.9% during the fourth quarter. Avantax Planning Partners Inc. now owns 483 shares of the industrial products company's stock worth $487,000 after purchasing an additional 9 shares during the period. Hohimer Wealth Management LLC boosted its stake in shares of W.W. Grainger by 1.2% in the fourth quarter. Hohimer Wealth Management LLC now owns 788 shares of the industrial products company's stock valued at $795,000 after purchasing an additional 9 shares during the period. Sawyer & Company Inc grew its holdings in shares of W.W. Grainger by 1.5% in the fourth quarter. Sawyer & Company Inc now owns 676 shares of the industrial products company's stock valued at $682,000 after purchasing an additional 10 shares in the last quarter. Dearborn Partners LLC increased its stake in W.W. Grainger by 3.4% during the 4th quarter. Dearborn Partners LLC now owns 305 shares of the industrial products company's stock worth $308,000 after buying an additional 10 shares during the period. Finally, Andina Capital Management LLC increased its stake in W.W. Grainger by 2.5% during the 4th quarter. Andina Capital Management LLC now owns 404 shares of the industrial products company's stock worth $408,000 after buying an additional 10 shares during the period. Institutional investors and hedge funds own 80.70% of the company's stock.

Wall Street Analysts Forecast Growth

GWW has been the subject of several recent research reports. Barclays raised their price target on shares of W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an "underweight" rating in a research report on Tuesday, August 11th. Royal Bank Of Canada cut their price objective 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. DA Davidson increased their price objective on W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a "neutral" rating in a research note on Thursday, August 6th. Weiss Ratings upgraded W.W. Grainger from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, July 17th. Finally, Oppenheimer boosted their target price on W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, W.W. Grainger presently has an average rating of "Hold" and a consensus target price of $1,274.12.

W.W. Grainger Stock Down 0.0%

Shares of W.W. Grainger stock opened at $1,312.12 on Monday. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. W.W. Grainger, Inc. has a 52-week low of $906.52 and a 52-week high of $1,419.91. The company has a market capitalization of $61.80 billion, a P/E ratio of 33.46, a P/E/G ratio of 2.33 and a beta of 1.04. The company has a 50 day moving average of $1,344.74 and a 200 day moving average of $1,230.47.

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 earnings per share (EPS) for the quarter, topping the consensus estimate of $11.30 by $0.71. The business had revenue of $5.02 billion during the quarter, compared to analysts' expectations of $4.96 billion. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The company's revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the company earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, research analysts forecast that W.W. Grainger, Inc. will post 46.1 EPS 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. Shareholders of record on Monday, August 10th will be paid a $2.49 dividend. The ex-dividend date is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. W.W. Grainger's dividend payout ratio (DPR) is currently 25.40%.

W.W. Grainger 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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source