Linden Thomas Advisory Services LLC Has $1.78 Million Stake in W.W. Grainger, Inc. $GWW

Key Points

• Linden Thomas Advisory Services LLC reduced its stake in W.W. Grainger, Inc. by 57.5% to 1,707 shares, valued at approximately $1.78 million after selling 2,306 shares in the second quarter.
• W.W. Grainger's recent quarterly earnings showed an EPS of $9.97, slightly missing analysts' expectations, with revenue increasing by 5.6% year-over-year.
• The company announced a quarterly dividend of $2.26 per share, representing an annualized yield of 0.9%, paid to shareholders on September 1st.

Linden Thomas Advisory Services LLC lowered its position in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 57.5% during the second quarter, according to its most recent filing with the SEC. The firm owned 1,707 shares of the industrial products company's stock after selling 2,306 shares during the period. Linden Thomas Advisory Services LLC's holdings in W.W. Grainger were worth $1,776,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. N.E.W. Advisory Services LLC acquired a new position in shares of W.W. Grainger in the 1st quarter worth approximately $25,000. Hilltop National Bank acquired a new position in shares of W.W. Grainger in the 2nd quarter worth approximately $25,000. Brown Lisle Cummings Inc. lifted its position in shares of W.W. Grainger by 316.7% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company's stock worth $26,000 after purchasing an additional 19 shares during the period. Nova Wealth Management Inc. acquired a new position in shares of W.W. Grainger in the 1st quarter worth approximately $28,000. Finally, Grove Bank & Trust lifted its position in shares of W.W. Grainger by 52.6% in the 2nd quarter. Grove Bank & Trust now owns 29 shares of the industrial products company's stock worth $30,000 after purchasing an additional 10 shares during the period. Institutional investors and hedge funds own 80.70% of the company's stock.

Insider Buying and Selling

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of the business's stock in a transaction 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 completion of the sale, the senior vice president 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 6.10% of the company's stock.

W.W. Grainger Stock Performance

Shares of GWW stock opened at $968.57 on Friday. The firm has a market capitalization of $46.33 billion, a PE ratio of 24.58, a price-to-earnings-growth ratio of 2.82 and a beta of 1.17. The firm has a fifty day simple moving average of $982.38 and a two-hundred day simple moving average of $1,016.22. 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 12 month low of $893.99 and a 12 month high of $1,227.66.

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

W.W. Grainger Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 1st. Shareholders of record on Monday, August 11th were paid 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 was Monday, August 11th. W.W. Grainger's payout ratio is 22.94%.

Wall Street Analyst Weigh In

GWW has been the topic of a number of research reports. Morgan Stanley dropped their target price 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. Barclays initiated coverage on shares of W.W. Grainger in a research report on Wednesday, October 8th. They set an "underweight" rating and a $963.00 target price on the stock. JPMorgan Chase & Co. boosted their target price on shares of 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. Loop Capital dropped their target price 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. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of W.W. Grainger in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $1,053.71.

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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