Nomura Holdings Inc. Has $3.23 Million Stake in W.W. Grainger, Inc. $GWW

Key Points

• Nomura Holdings Inc. increased its stake in W.W. Grainger, Inc. by 33.5%, bringing its total holdings to 3,272 shares valued at approximately $3.23 million.
• W.W. Grainger reported earnings of $9.97 per share for the last quarter, slightly missing analysts' expectations, but showing a revenue increase of 5.6% year-over-year.
• The company declared a quarterly dividend of $2.26 per share, resulting in an annualized dividend yield of 0.9%.

Nomura Holdings Inc. increased its stake in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 33.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,272 shares of the industrial products company's stock after buying an additional 821 shares during the quarter. Nomura Holdings Inc.'s holdings in W.W. Grainger were worth $3,232,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. N.E.W. Advisory Services LLC bought a new position in W.W. Grainger in the 1st quarter valued at $25,000. Investment Management Corp VA ADV bought a new position in W.W. Grainger in the 4th quarter valued at $35,000. Itau Unibanco Holding S.A. bought a new position in W.W. Grainger in the 1st quarter valued at $46,000. Cornerstone Planning Group LLC raised its position in W.W. Grainger by 34.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 47 shares of the industrial products company's stock valued at $47,000 after purchasing an additional 12 shares during the last quarter. Finally, Columbia River Financial Group LLC bought a new position in W.W. Grainger in the 1st quarter valued at $65,000. Institutional investors own 80.70% of the company's stock.

Wall Street Analysts Forecast Growth

GWW has been the subject of several research analyst reports. Royal Bank Of Canada cut their price objective on W.W. Grainger from $1,176.00 to $1,007.00 and set a "sector perform" rating for the company in a research report on Monday, August 4th. JPMorgan Chase & Co. cut their price objective on W.W. Grainger from $1,125.00 to $1,035.00 and set a "neutral" rating for the company in a research report on Thursday. Morgan Stanley cut their price objective on W.W. Grainger from $1,215.00 to $1,160.00 and set an "equal weight" rating for the company in a research report on Friday, July 11th. Finally, Loop Capital cut their price objective on 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. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $1,069.13.

W.W. Grainger Trading Down 3.4%

NYSE GWW traded down $34.44 on Friday, reaching $993.59. The company had a trading volume of 416,031 shares, compared to its average volume of 275,453. The stock's 50 day moving average is $1,012.87 and its 200-day moving average is $1,019.13. The stock has a market cap of $47.53 billion, a price-to-earnings ratio of 25.21, a PEG ratio of 2.98 and a beta of 1.18. The company has a quick ratio of 1.64, a current ratio of 2.82 and a debt-to-equity ratio of 0.57. W.W. Grainger, Inc. has a 52 week low of $893.99 and a 52 week high of $1,227.66.

W.W. Grainger (NYSE:GWW - Get Free Report) last released 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). 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 net margin of 10.99% and a return on equity of 49.63%. The company's revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $9.76 EPS. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. Equities analysts predict 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 Monday, September 1st. Investors of record on Monday, August 11th were issued a $2.26 dividend. 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 dividend payout ratio is currently 22.94%.

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.