Nykredit A S Makes New Investment in W.W. Grainger, Inc. $GWW

Key Points

• Nykredit A/S acquired 17,647 W.W. Grainger shares during the second quarter, worth approximately $24 million. Institutional investors collectively own 80.7% of the company.
• Analyst sentiment remains cautious, with two Buy, seven Hold, and one Sell rating; the consensus rating is Hold with a price target of $1,286.62.
• Grainger exceeded quarterly expectations, reporting $12.01 in EPS and $5.02 billion in revenue, while revenue grew 10.3% year over year. The company also declared a $2.49 quarterly dividend, yielding about 0.8% annually.

Nykredit A S acquired a new position in W.W. Grainger, Inc. (NYSE:GWW - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 17,647 shares of the industrial products company's stock, valued at approximately $24,007,000.

Other large investors have also recently made changes to their positions in the company. Corient Private Wealth LP increased its stake in shares of W.W. Grainger by 38.3% in the second quarter. Corient Private Wealth LP now owns 46,533 shares of the industrial products company's stock worth $63,305,000 after purchasing an additional 12,881 shares in the last quarter. HORAN Wealth LLC purchased a new position in shares of W.W. Grainger during the 2nd quarter valued at $875,000. Amundi lifted its stake in shares of W.W. Grainger by 24.1% during the 2nd quarter. Amundi now owns 363,308 shares of the industrial products company's stock valued at $494,244,000 after buying an additional 70,451 shares in the last quarter. Groupe la Francaise boosted its holdings in W.W. Grainger by 1.0% in the 2nd quarter. Groupe la Francaise now owns 3,509 shares of the industrial products company's stock worth $4,774,000 after buying an additional 36 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in W.W. Grainger in the 2nd quarter worth $10,638,000. 80.70% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on GWW shares. Royal Bank Of Canada decreased their price target on W.W. Grainger from $1,460.00 to $1,428.00 and set a "sector perform" rating on the stock in a report on Wednesday, August 5th. Stephens lowered W.W. Grainger from an "overweight" rating to an "equal weight" rating and set a $1,355.00 price objective for the company. in a research note on Tuesday, July 14th. Wolfe Research initiated coverage on W.W. Grainger in a research report on Tuesday, September 15th. They set a "peer perform" rating for the company. Weiss Ratings raised W.W. Grainger from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, July 17th. Finally, Barclays boosted their price target on W.W. Grainger from $1,166.00 to $1,185.00 and gave the stock an "underweight" rating in a report on Tuesday, August 11th. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, W.W. Grainger currently has an average rating of "Hold" and a consensus price target of $1,286.62.

W.W. Grainger Stock Performance

Shares of NYSE GWW opened at $1,267.38 on Friday. The company has a market cap of $59.69 billion, a P/E ratio of 32.31, a P/E/G ratio of 2.25 and a beta of 1.03. W.W. Grainger, Inc. has a 52-week low of $906.52 and a 52-week high of $1,419.91. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.70 and a current ratio of 2.81. The firm's fifty day moving average is $1,323.40 and its two-hundred day moving average is $1,250.43.

W.W. Grainger (NYSE:GWW - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, beating analysts' consensus estimates of $11.30 by $0.71. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The firm had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same quarter last year, the business posted $9.97 earnings per share. The business's quarterly revenue was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, analysts anticipate that W.W. Grainger, Inc. will post 46.24 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th were issued a dividend of $2.49 per share. This represents a $9.96 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, August 10th. W.W. Grainger's dividend payout ratio (DPR) is currently 25.40%.

W.W. Grainger Profile

W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) products and related services. The company serves businesses, government agencies and other organizations that need supplies to maintain facilities, equipment and operations. Its product categories include tools, safety equipment, material handling products, cleaning and maintenance supplies, electrical and lighting products, plumbing supplies, HVAC equipment and fasteners.

Founded in 1927 by William W. Grainger, the company has grown from a regional electrical-equipment distributor into a global MRO provider.

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