J. Safra Sarasin Holding AG Has $2.21 Million Stock Position in W.W. Grainger, Inc. $GWW

Key Points

• J. Safra Sarasin Holding AG increased its stake in W.W. Grainger, Inc. by 128.8% in Q2, now holding shares worth $2.21 million.
• The company's recent quarterly earnings reported a net margin of 10.99% and missed EPS estimates by $0.10, with revenues rising 5.6% year-over-year.
• W.W. Grainger announced a quarterly dividend of $2.26, yielding 0.9%, with a payout ratio of 22.94% as of the recent report.

J. Safra Sarasin Holding AG boosted its position in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 128.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,128 shares of the industrial products company's stock after purchasing an additional 1,198 shares during the period. J. Safra Sarasin Holding AG's holdings in W.W. Grainger were worth $2,214,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new stake in shares of W.W. Grainger in the first quarter worth $285,574,000. JPMorgan Chase & Co. boosted its position in W.W. Grainger by 10.1% during the 1st 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 acquired a new stake in W.W. Grainger during the 1st quarter worth about $67,601,000. Interval Partners LP boosted its position in W.W. Grainger by 1,429.9% during the 1st 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. Finally, Vanguard Group Inc. boosted its holdings in shares of W.W. Grainger by 1.1% during the first quarter. Vanguard Group Inc. now owns 5,388,378 shares of the industrial products company's stock worth $5,322,801,000 after purchasing an additional 57,690 shares during the period. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

W.W. Grainger Stock Up 0.4%

GWW stock opened at $957.17 on Friday. The company has a current ratio of 2.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.57. W.W. Grainger, Inc. has a 1 year low of $893.99 and a 1 year high of $1,227.66. The company has a fifty day simple moving average of $987.72 and a 200 day simple moving average of $1,016.92. The firm has a market cap of $45.78 billion, a PE ratio of 24.29, a PEG ratio of 2.77 and a beta of 1.17.

W.W. Grainger (NYSE:GWW - Get Free Report) last released its quarterly earnings data 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 analyst estimates of $4.52 billion. During the same period in the previous year, the firm posted $9.76 EPS. The firm'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 anticipate that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

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

Insiders Place Their Bets

In related news, SVP Jonny M. Leroy sold 500 shares of the business's stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total value of $496,430.00. Following the completion of the sale, the senior vice president directly owned 1,771 shares in the company, valued at approximately $1,758,355.06. The trade was a 22.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 6.10% of the company's stock.

Analyst Ratings Changes

GWW has been the subject of several research reports. Morgan Stanley decreased their price target on shares of W.W. Grainger from $1,215.00 to $1,160.00 and set an "equal weight" rating for the company in a report on Friday, July 11th. Royal Bank Of Canada decreased their target price on shares of W.W. Grainger from $1,176.00 to $1,007.00 and set a "sector perform" rating for the company in a research note on Monday, August 4th. Loop Capital decreased their target price on shares of W.W. Grainger from $1,000.00 to $950.00 and set a "hold" rating for the company in a research note on Monday, August 4th. Weiss Ratings reissued a "buy (b)" rating on shares of W.W. Grainger in a research note on Saturday, September 27th. Finally, JPMorgan Chase & Co. reduced their price objective on W.W. Grainger from $1,125.00 to $1,035.00 and set a "neutral" rating for the company in a research report on Thursday, September 4th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, W.W. Grainger has an average rating of "Hold" and an average target price of $1,069.13.

About W.W. Grainger

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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