Kestra Advisory Services LLC Has $2.28 Million Stake in W.W. Grainger, Inc. $GWW

Key Points

• Kestra Advisory Services LLC has reduced its stake in W.W. Grainger, Inc. by 11.6%, selling 303 shares to hold a total of 2,309 shares valued at approximately $2.28 million.
• W.W. Grainger's recent quarterly earnings report showed an EPS of $9.97, falling short of analyst expectations of $10.07, despite a year-over-year revenue increase of 5.6%.
• The company announced a quarterly dividend of $2.26 per share, with an ex-dividend date of August 11th, resulting in an annualized yield of 0.9%.

Kestra Advisory Services LLC decreased its position in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 11.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,309 shares of the industrial products company's stock after selling 303 shares during the quarter. Kestra Advisory Services LLC's holdings in W.W. Grainger were worth $2,281,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of GWW. Brighton Jones LLC lifted its holdings in shares of W.W. Grainger by 46.8% in the fourth quarter. Brighton Jones LLC now owns 320 shares of the industrial products company's stock valued at $338,000 after buying an additional 102 shares during the period. Quarry LP purchased a new stake in shares of W.W. Grainger during the fourth quarter valued at $54,000. Beacon Pointe Advisors LLC lifted its holdings in shares of W.W. Grainger by 10.0% during the fourth quarter. Beacon Pointe Advisors LLC now owns 320 shares of the industrial products company's stock valued at $337,000 after purchasing an additional 29 shares during the last quarter. Lido Advisors LLC lifted its holdings in shares of W.W. Grainger by 54.4% during the fourth quarter. Lido Advisors LLC now owns 2,450 shares of the industrial products company's stock valued at $2,583,000 after purchasing an additional 863 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec lifted its holdings in shares of W.W. Grainger by 21.5% during the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 79,770 shares of the industrial products company's stock valued at $84,082,000 after purchasing an additional 14,090 shares during the last quarter. Institutional investors and hedge funds own 80.70% of the company's stock.

W.W. Grainger Stock Down 0.0%

NYSE:GWW traded down $0.45 during trading hours on Monday, hitting $1,014.02. 337,931 shares of the company's stock traded hands, compared to its average volume of 308,938. The firm has a market cap of $48.50 billion, a P/E ratio of 25.73, a P/E/G ratio of 2.94 and a beta of 1.18. W.W. Grainger, Inc. has a twelve month low of $893.99 and a twelve month high of $1,227.66. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.64 and a current ratio of 2.82. The stock's fifty day moving average price is $1,014.53 and its two-hundred day moving average price is $1,019.47.

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 for the quarter, missing the consensus estimate of $10.07 by ($0.10). The business had revenue of $4.55 billion for the quarter, compared to analyst estimates of $4.52 billion. W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. The firm's quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the firm posted $9.76 earnings per share. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. On average, research analysts expect that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 1st. Shareholders of record on Monday, August 11th will be given a $2.26 dividend. This represents a $9.04 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Monday, August 11th. W.W. Grainger's dividend payout ratio is presently 22.94%.

Wall Street Analysts Forecast Growth

GWW has been the subject of several analyst reports. Royal Bank Of Canada reduced their target price on W.W. Grainger from $1,176.00 to $1,007.00 and set a "sector perform" rating for the company in a report on Monday, August 4th. Loop Capital reduced their target price on W.W. Grainger from $1,000.00 to $950.00 and set a "hold" rating for the company in a report on Monday, August 4th. JPMorgan Chase & Co. upped their target price on W.W. Grainger from $1,100.00 to $1,125.00 and gave the company a "neutral" rating in a report on Tuesday, May 27th. Finally, Morgan Stanley reduced their target price on 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. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, W.W. Grainger presently has a consensus rating of "Hold" and an average price target of $1,080.38.

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.