Marietta Investment Partners LLC Sells 2,928 Shares of W.W. Grainger, Inc. $GWW

Key Points

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Marietta Investment Partners LLC lowered its position in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 24.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,254 shares of the industrial products company's stock after selling 2,928 shares during the period. W.W. Grainger comprises about 1.7% of Marietta Investment Partners LLC's portfolio, making the stock its 15th biggest position. Marietta Investment Partners LLC's holdings in W.W. Grainger were worth $8,819,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Parnassus Investments LLC bought a new stake in shares of W.W. Grainger during the third quarter worth about $721,202,000. Norges Bank acquired a new stake in W.W. Grainger during the 2nd quarter worth approximately $536,916,000. Vanguard Group Inc. boosted its position in W.W. Grainger by 4.4% during the 2nd quarter. Vanguard Group Inc. now owns 5,627,273 shares of the industrial products company's stock worth $5,853,714,000 after buying an additional 238,895 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in W.W. Grainger by 46.6% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 443,386 shares of the industrial products company's stock worth $422,529,000 after acquiring an additional 140,869 shares during the last quarter. Finally, Rakuten Investment Management Inc. acquired a new position in W.W. Grainger in the 3rd quarter valued at approximately $63,913,000. Institutional investors and hedge funds own 80.70% of the company's stock.

Insider Activity

In other news, VP Krantz Nancy L. Berardinelli sold 195 shares of the firm's stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $1,023.93, for a total value of $199,666.35. Following the completion of the sale, the vice president directly owned 3,174 shares in the company, valued at $3,249,953.82. This trade represents a 5.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 6.10% of the stock is owned by company insiders.

W.W. Grainger Trading Down 0.3%

NYSE GWW opened at $1,145.08 on Friday. The stock has a market capitalization of $54.24 billion, a P/E ratio of 32.36, a P/E/G ratio of 2.42 and a beta of 1.10. The business has a 50 day simple moving average of $1,092.16 and a 200 day simple moving average of $1,016.91. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.83 and a quick ratio of 1.59. W.W. Grainger, Inc. has a one year low of $893.99 and a one year high of $1,218.63.

W.W. Grainger (NYSE:GWW - Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $9.45 EPS for the quarter, missing the consensus estimate of $9.46 by ($0.01). W.W. Grainger had a return on equity of 47.46% and a net margin of 9.51%.The company had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.39 billion. During the same period last year, the business earned $9.71 EPS. The business's quarterly revenue was up 4.5% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. Research analysts expect that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Monday, February 9th were issued a dividend of $2.26 per share. The ex-dividend date was Monday, February 9th. This represents a $9.04 annualized dividend and a dividend yield of 0.8%. W.W. Grainger's dividend payout ratio is currently 25.54%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on GWW shares. Weiss Ratings raised shares of W.W. Grainger from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, February 6th. Oppenheimer lifted their target price on W.W. Grainger from $1,250.00 to $1,300.00 and gave the stock an "outperform" rating in a report on Wednesday, February 4th. Barclays increased their price target on W.W. Grainger from $963.00 to $975.00 and gave the company an "underweight" rating in a research note on Friday, November 7th. Morgan Stanley lifted their price objective on W.W. Grainger from $1,100.00 to $1,190.00 and gave the stock an "equal weight" rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. increased their target price on shares of W.W. Grainger from $1,100.00 to $1,165.00 and gave the company a "neutral" rating in a research report on Friday, February 6th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, W.W. Grainger currently has an average rating of "Hold" and a consensus target price of $1,071.38.

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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