MBB Public Markets I LLC Invests $306,000 in W.W. Grainger, Inc. $GWW

Key Points

• MBB Public Markets I LLC invested approximately $306,000 in W.W. Grainger, acquiring 310 shares during the first quarter.
• W.W. Grainger's recent earnings fell short of expectations, reporting $9.97 EPS compared to the consensus estimate of $10.07 EPS.
• The company recently announced a quarterly dividend of $2.26 per share, yielding 0.9% annually, with a payout ratio of 22.94%.

MBB Public Markets I LLC bought a new position in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 310 shares of the industrial products company's stock, valued at approximately $306,000.

A number of other large investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of W.W. Grainger by 1.1% during the first quarter. Vanguard Group Inc. now owns 5,388,378 shares of the industrial products company's stock worth $5,322,801,000 after purchasing an additional 57,690 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of W.W. Grainger by 10.1% during the first quarter. JPMorgan Chase & Co. now owns 822,411 shares of the industrial products company's stock worth $812,403,000 after purchasing an additional 75,644 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of W.W. Grainger by 100,843.0% during the first quarter. GAMMA Investing LLC now owns 692,469 shares of the industrial products company's stock worth $684,042,000 after purchasing an additional 691,783 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of W.W. Grainger by 6.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 584,854 shares of the industrial products company's stock worth $616,465,000 after purchasing an additional 37,894 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in W.W. Grainger by 1.7% in the first quarter. Dimensional Fund Advisors LP now owns 416,086 shares of the industrial products company's stock valued at $410,975,000 after buying an additional 6,797 shares during the period. 80.70% of the stock is currently owned by institutional investors and hedge funds.

W.W. Grainger Stock Up 0.1%

Shares of NYSE:GWW opened at $995.51 on Thursday. W.W. Grainger, Inc. has a 52 week low of $893.99 and a 52 week 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 company has a market capitalization of $47.62 billion, a PE ratio of 25.26, a PEG ratio of 2.89 and a beta of 1.18. The company has a 50 day moving average price of $1,010.11 and a two-hundred day moving average price of $1,018.69.

W.W. Grainger (NYSE:GWW - Get Free Report) last issued its earnings results on Friday, August 1st. The industrial products company reported $9.97 EPS for the quarter, missing the consensus estimate of $10.07 by ($0.10). W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. The firm had revenue of $4.55 billion during the quarter, compared to the consensus estimate of $4.52 billion. During the same period in the previous year, the company posted $9.76 EPS. The firm's revenue for the quarter was up 5.6% on a year-over-year basis. 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 earnings per share for the current year.

W.W. Grainger Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages recently weighed in on GWW. JPMorgan Chase & Co. cut their price objective on shares of W.W. Grainger from $1,125.00 to $1,035.00 and set a "neutral" rating on the stock in a report on Thursday, September 4th. Loop Capital cut their price objective on shares of W.W. Grainger from $1,000.00 to $950.00 and set a "hold" rating on the stock in a report on Monday, August 4th. Royal Bank Of Canada cut their price objective on shares of W.W. Grainger from $1,176.00 to $1,007.00 and set a "sector perform" rating on the stock in a report on Monday, August 4th. Finally, Morgan Stanley cut their price objective 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 report on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $1,069.13.

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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