W.W. Grainger, Inc. $GWW Shares Acquired by Mn Services Vermogensbeheer B.V.

Key Points

• Mn Services Vermogensbeheer B.V. increased its stakes in W.W. Grainger, Inc. by 4.9%, holding 17,177 shares valued at approximately $17.87 million as of the end of the 2nd quarter.
• W.W. Grainger's quarterly earnings report indicated an EPS of $9.97, falling short of analysts' expectations, while revenue increased by 5.6% year-over-year.
• The company announced a quarterly dividend of $2.26 per share, translating to an annual yield of 0.9% and a payout ratio of 22.94%.

Mn Services Vermogensbeheer B.V. boosted its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 4.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,177 shares of the industrial products company's stock after buying an additional 800 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in W.W. Grainger were worth $17,868,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. N.E.W. Advisory Services LLC acquired a new position in shares of W.W. Grainger during the 1st quarter valued at about $25,000. Nova Wealth Management Inc. purchased a new stake in shares of W.W. Grainger during the first quarter worth approximately $28,000. Investment Management Corp VA ADV acquired a new stake in shares of W.W. Grainger during the 4th quarter worth about $35,000. Cornerstone Planning Group LLC raised its position in shares of W.W. Grainger by 34.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 47 shares of the industrial products company's stock worth $47,000 after acquiring an additional 12 shares in the last quarter. Finally, Itau Unibanco Holding S.A. purchased a new stake in W.W. Grainger in the first quarter valued at $46,000. 80.70% of the stock is owned by hedge funds and other institutional investors.

W.W. Grainger Trading Down 1.7%

GWW stock traded down $16.90 during midday trading on Friday, hitting $988.33. The stock had a trading volume of 488,410 shares, compared to its average volume of 293,053. The company has a current ratio of 2.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.57. The business has a fifty day moving average price of $1,004.02 and a two-hundred day moving average price of $1,018.85. The firm has a market cap of $47.27 billion, a P/E ratio of 25.08, a price-to-earnings-growth ratio of 2.86 and a beta of 1.18. W.W. Grainger, Inc. has a 1-year low of $893.99 and a 1-year high of $1,227.66.

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 the consensus estimate of $10.07 by ($0.10). The company had revenue of $4.55 billion during the quarter, compared to the consensus estimate of $4.52 billion. W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The business's revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the firm posted $9.76 EPS. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. On average, sell-side analysts predict that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

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

Wall Street Analysts Forecast Growth

GWW has been the subject of a number of research reports. Loop Capital reduced their price target on shares of W.W. Grainger from $1,000.00 to $950.00 and set a "hold" rating for the company in a research report on Monday, August 4th. JPMorgan Chase & Co. cut their price target on W.W. Grainger from $1,125.00 to $1,035.00 and set a "neutral" rating for the company in a report on Thursday, September 4th. Royal Bank Of Canada cut 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. Finally, Morgan Stanley dropped 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 investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $1,069.13.

Insiders Place Their Bets

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of the firm's stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total transaction of $496,430.00. Following the sale, the senior vice president directly owned 1,771 shares of the company's stock, valued at $1,758,355.06. This trade represents a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 6.10% of the company's stock.

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.