Deutsche Bank AG Takes $245.23 Million Position in W.W. Grainger, Inc. $GWW

Deutsche Bank AG purchased a new position in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 180,263 shares of the industrial products company's stock, valued at approximately $245,230,000. Deutsche Bank AG owned about 0.38% of W.W. Grainger at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in GWW. Wellington Management Group LLP increased its position in W.W. Grainger by 1,462.1% in the 4th quarter. Wellington Management Group LLP now owns 1,071,854 shares of the industrial products company's stock valued at $1,081,554,000 after acquiring an additional 1,003,237 shares during the period. Norges Bank acquired a new stake in W.W. Grainger in the fourth quarter valued at $518,958,000. Northwestern Mutual Wealth Management Co. raised its position in 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 worth $439,407,000 after purchasing an additional 434,199 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in W.W. Grainger by 61.1% during 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 buying an additional 389,589 shares during the period. Finally, Sustainable Growth Advisers LP bought a new stake in shares of W.W. Grainger in the 3rd quarter valued at about $239,597,000. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on GWW. Weiss Ratings upgraded shares of W.W. Grainger from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, July 17th. Morgan Stanley boosted their target price on shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an "equal weight" rating in a report on Wednesday, May 27th. Wall Street Zen upgraded W.W. Grainger from a "hold" rating to a "buy" rating in a report on Sunday, August 9th. Stephens downgraded W.W. Grainger from an "overweight" rating to an "equal weight" rating and set a $1,355.00 price objective on the stock. in a research note on Tuesday, July 14th. Finally, Royal Bank Of Canada cut their target price 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 research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $1,274.12.

W.W. Grainger Stock Down 0.3%

Shares of NYSE GWW opened at $1,314.38 on Wednesday. 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 firm has a market cap of $61.91 billion, a PE ratio of 33.51, a P/E/G ratio of 2.35 and a beta of 1.04. The company's fifty day simple moving average is $1,345.40 and its 200 day simple moving average is $1,225.84. W.W. Grainger, Inc. has a 12-month low of $906.52 and a 12-month 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 earnings per share for the quarter, beating the consensus estimate of $11.30 by $0.71. The firm had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.96 billion. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The business's quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, sell-side analysts forecast that W.W. Grainger, Inc. will post 46.14 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

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

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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