Northwestern Mutual Wealth Management Co. Buys 254 Shares of W.W. Grainger, Inc. $GWW

Key Points

• Northwestern Mutual Wealth Management Co. increased its holdings in W.W. Grainger, Inc. by 20.8%, acquiring an additional 254 shares, bringing its total ownership to 1,477 shares valued at approximately $1.46 million.
• W.W. Grainger reported a quarterly EPS of $9.97, slightly missing the consensus estimate, while achieving a revenue of $4.55 billion, surpassing analyst expectations.
• The company declared a quarterly dividend of $2.26, with an upcoming payment date of September 1st, resulting in an annual yield of approximately 0.9%.

Northwestern Mutual Wealth Management Co. grew its stake in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 20.8% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 1,477 shares of the industrial products company's stock after purchasing an additional 254 shares during the period. Northwestern Mutual Wealth Management Co.'s holdings in W.W. Grainger were worth $1,459,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC bought a new stake in W.W. Grainger during the 1st quarter worth approximately $25,000. Investment Management Corp VA ADV bought a new stake in W.W. Grainger during the 4th quarter worth approximately $35,000. Cornerstone Planning Group LLC increased its holdings in 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 purchasing an additional 12 shares in the last quarter. Columbia River Financial Group LLC bought a new stake in W.W. Grainger during the 1st quarter worth approximately $65,000. Finally, Strengthening Families & Communities LLC increased its holdings in W.W. Grainger by 78.0% during the 1st quarter. Strengthening Families & Communities LLC now owns 73 shares of the industrial products company's stock worth $66,000 after purchasing an additional 32 shares in the last quarter. 80.70% of the stock is owned by institutional investors.

W.W. Grainger Price Performance

Shares of NYSE GWW opened at $1,014.02 on Friday. W.W. Grainger, Inc. has a twelve month low of $893.99 and a twelve month high of $1,227.66. The stock's 50 day moving average price is $1,014.53 and its 200-day moving average price is $1,019.54. The company has a market capitalization of $48.50 billion, a PE ratio of 25.73, a PEG ratio of 2.94 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 (NYSE:GWW - Get Free Report) last posted 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). 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 analysts' expectations of $4.52 billion. During the same quarter in the previous year, the company posted $9.76 EPS. W.W. Grainger'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. On average, equities analysts anticipate that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Royal Bank Of Canada decreased 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 report on Monday, August 4th. JPMorgan Chase & Co. boosted their target price on W.W. Grainger from $1,100.00 to $1,125.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 27th. Loop Capital cut their target price on W.W. Grainger from $1,000.00 to $950.00 and set a "hold" rating on the stock in a research note on Monday, August 4th. Finally, Morgan Stanley cut their target price on W.W. Grainger from $1,215.00 to $1,160.00 and set an "equal weight" rating on the stock in a research note on Friday, July 11th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $1,080.38.

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.

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