Focus Partners Wealth Grows Holdings in W.W. Grainger, Inc. $GWW

Key Points

• Focus Partners Wealth increased its stake in W.W. Grainger, Inc. by 7.5%, bringing its total holdings to 15,989 shares valued at approximately $15.8 million.
• Several institutional investors significantly boosted their stakes in W.W. Grainger during the first quarter, with GAMMA Investing LLC increasing its position by an astounding 100,843.0%.
• W.W. Grainger reported a quarterly EPS of $9.97, slightly missing the consensus estimate, while its revenue increased by 5.6% year-over-year, reaching $4.55 billion.

Focus Partners Wealth boosted its stake in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 7.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,989 shares of the industrial products company's stock after acquiring an additional 1,120 shares during the period. Focus Partners Wealth's holdings in W.W. Grainger were worth $15,795,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in GWW. GAMMA Investing LLC raised its position in W.W. Grainger by 100,843.0% in the first quarter. GAMMA Investing LLC now owns 692,469 shares of the industrial products company's stock worth $684,042,000 after acquiring an additional 691,783 shares during the period. Nuveen LLC bought a new stake in W.W. Grainger in the first quarter worth about $285,574,000. JPMorgan Chase & Co. raised its position in W.W. Grainger by 10.1% in the first quarter. JPMorgan Chase & Co. now owns 822,411 shares of the industrial products company's stock worth $812,403,000 after acquiring an additional 75,644 shares during the period. Kodai Capital Management LP bought a new stake in W.W. Grainger in the first quarter worth about $67,601,000. Finally, Interval Partners LP raised its position in W.W. Grainger by 1,429.9% in the first quarter. Interval Partners LP now owns 67,957 shares of the industrial products company's stock worth $67,130,000 after acquiring an additional 63,515 shares during the period. Institutional investors own 80.70% of the company's stock.

W.W. Grainger Stock Performance

NYSE GWW opened at $1,004.92 on Friday. The company's 50 day moving average is $1,008.49 and its 200-day moving average is $1,018.82. W.W. Grainger, Inc. has a 12-month low of $893.99 and a 12-month high of $1,227.66. The company has a quick ratio of 1.64, a current ratio of 2.82 and a debt-to-equity ratio of 0.57. The firm has a market cap of $48.07 billion, a P/E ratio of 25.50, a price-to-earnings-growth ratio of 2.94 and a beta of 1.18.

W.W. Grainger (NYSE:GWW - Get Free Report) last posted its quarterly earnings results 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 net margin of 10.99% and a return on equity of 49.63%. The business had revenue of $4.55 billion during the quarter, compared to the consensus estimate of $4.52 billion. During the same period last year, the firm earned $9.76 EPS. The business's revenue for the quarter was up 5.6% on a year-over-year basis. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. Sell-side analysts predict that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Announces Dividend

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

Analyst Ratings Changes

Several analysts have commented on the stock. Loop Capital lowered their price objective on shares of W.W. Grainger from $1,000.00 to $950.00 and set a "hold" rating on the stock in a research report on Monday, August 4th. Morgan Stanley lowered their price objective on shares of W.W. Grainger from $1,215.00 to $1,160.00 and set an "equal weight" rating on the stock in a research report on Friday, July 11th. JPMorgan Chase & Co. lowered their price objective 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 report on Thursday, September 4th. Finally, Royal Bank Of Canada lowered their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $1,069.13.

Insiders Place Their Bets

In related news, SVP Jonny M. Leroy sold 500 shares of the company's stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $992.86, for a total transaction of $496,430.00. Following the sale, the senior vice president owned 1,771 shares of the company's stock, valued at approximately $1,758,355.06. This represents a 22.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 6.10% of the company's stock.

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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