Korea Investment CORP Makes New $38.28 Million Investment in W.W. Grainger, Inc. $GWW

Key Points

• Korea Investment CORP acquired 28,139 shares of W.W. Grainger during the second quarter, valued at approximately $38.28 million. Institutional investors collectively own 80.7% of the company.
• Grainger exceeded quarterly expectations, reporting $12.01 in EPS versus the $11.30 consensus and $5.02 billion in revenue, up 10.3% year over year. The company issued fiscal 2026 EPS guidance of $45.50–$47.25.
• The company declared a quarterly dividend of $2.49 per share, representing a $9.96 annualized payout and a 0.8% yield. Analysts maintain a consensus “Hold” rating with an average price target of $1,274.12.

Korea Investment CORP bought a new stake in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 28,139 shares of the industrial products company's stock, valued at approximately $38,280,000. Korea Investment CORP owned 0.06% of W.W. Grainger at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Miller Capital Partners Inc. bought a new stake in shares of W.W. Grainger during the fourth quarter worth approximately $26,000. MV Capital Management Inc. bought a new position in W.W. Grainger in the fourth quarter valued at approximately $28,000. Elyxium Wealth LLC acquired a new stake in W.W. Grainger during the 4th quarter worth $30,000. Elevation Wealth Partners LLC grew its holdings in W.W. Grainger by 420.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company's stock worth $35,000 after acquiring an additional 21 shares during the period. Finally, Caitlin John LLC bought a new stake in shares of W.W. Grainger during the 4th quarter valued at $35,000. Institutional investors own 80.70% of the company's stock.

W.W. Grainger Trading Up 0.9%

GWW opened at $1,312.12 on Friday. The firm's fifty day moving average is $1,344.74 and its two-hundred day moving average is $1,229.54. The firm has a market cap of $61.80 billion, a PE ratio of 33.46, a price-to-earnings-growth ratio of 2.33 and a beta of 1.04. W.W. Grainger, Inc. has a twelve month low of $906.52 and a twelve month high of $1,419.91. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81.

W.W. Grainger (NYSE:GWW - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.30 by $0.71. The company had revenue of $5.02 billion during 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 firm's revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Equities research analysts anticipate that W.W. Grainger, Inc. will post 46.1 EPS for the current 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 issued a $2.49 dividend. This represents a $9.96 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Monday, August 10th. W.W. Grainger's dividend payout ratio is 25.40%.

Analyst Ratings Changes

GWW has been the topic of several recent research reports. Barclays raised their price target on W.W. Grainger from $1,166.00 to $1,185.00 and gave the stock an "underweight" rating in a research report on Tuesday, August 11th. Stephens downgraded W.W. Grainger from an "overweight" rating to an "equal weight" rating and set a $1,355.00 price objective for the company. in a report on Tuesday, July 14th. Morgan Stanley increased their target price on W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an "equal weight" rating in a research note on Wednesday, May 27th. DA Davidson raised their target price on W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a "neutral" rating in a report on Thursday, August 6th. Finally, Weiss Ratings upgraded W.W. Grainger from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, July 17th. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $1,274.12.

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.

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