Koshinski Asset Management Inc. Makes New $509,000 Investment in W.W. Grainger, Inc. $GWW

Key Points

• Koshinski Asset Management Inc. made a new investment in W.W. Grainger, acquiring 489 shares valued at approximately $509,000.
• The company's quarterly earnings report revealed an EPS of $9.97, missing expectations by $0.10, despite a revenue increase of 5.6% year-over-year.
• W.W. Grainger recently declared a quarterly dividend of $2.26 per share, yielding 0.9%, reflecting a dividend payout ratio of 22.94%.

Koshinski Asset Management Inc. purchased a new position in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 489 shares of the industrial products company's stock, valued at approximately $509,000.

A number of other hedge funds also recently bought and sold shares of the business. Checchi Capital Advisers LLC boosted its position in W.W. Grainger by 2.1% during the first quarter. Checchi Capital Advisers LLC now owns 486 shares of the industrial products company's stock worth $480,000 after purchasing an additional 10 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its position in W.W. Grainger by 3.2% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 323 shares of the industrial products company's stock worth $319,000 after purchasing an additional 10 shares in the last quarter. Hemington Wealth Management lifted its position in shares of W.W. Grainger by 0.9% in the first quarter. Hemington Wealth Management now owns 1,139 shares of the industrial products company's stock valued at $1,125,000 after acquiring an additional 10 shares in the last quarter. Grove Bank & Trust lifted its position in shares of W.W. Grainger by 52.6% in the second quarter. Grove Bank & Trust now owns 29 shares of the industrial products company's stock valued at $30,000 after acquiring an additional 10 shares in the last quarter. Finally, Ridgewood Investments LLC lifted its position in shares of W.W. Grainger by 50.0% in the second quarter. Ridgewood Investments LLC now owns 30 shares of the industrial products company's stock valued at $31,000 after acquiring an additional 10 shares in the last quarter. Hedge funds and other institutional investors own 80.70% of the company's stock.

W.W. Grainger Stock Performance

Shares of W.W. Grainger stock opened at $956.36 on Monday. W.W. Grainger, Inc. has a one year low of $893.99 and a one year high of $1,227.66. The company has a market cap of $45.74 billion, a price-to-earnings ratio of 24.27, a PEG ratio of 2.78 and a beta of 1.17. 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 business's 50 day moving average price is $982.04 and its 200 day moving average price is $1,015.35.

W.W. Grainger (NYSE:GWW - Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The industrial products company reported $9.97 EPS for the quarter, missing analysts' consensus estimates of $10.07 by ($0.10). W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The company had revenue of $4.55 billion for the quarter, compared to analysts' expectations of $4.52 billion. During the same quarter in the previous year, the business posted $9.76 EPS. The business's quarterly revenue was up 5.6% compared to the same quarter last year. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. On average, research analysts predict that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Morgan Stanley decreased their target price on 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. Loop Capital decreased their target price on 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. Royal Bank Of Canada decreased their target price on 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. Weiss Ratings restated a "buy (b)" rating on shares of W.W. Grainger in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. raised their target price on W.W. Grainger from $1,035.00 to $1,050.00 and gave the company a "neutral" rating in a research report on Wednesday, October 15th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $1,053.71.

Insider Buying and Selling

In related news, SVP Jonny M. Leroy sold 500 shares of W.W. Grainger stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total transaction of $496,430.00. Following the transaction, the senior vice president owned 1,771 shares in the company, valued at approximately $1,758,355.06. This trade represents a 22.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 6.10% of the company's stock.

W.W. Grainger 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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