Perigon Wealth Management LLC Takes Position in W.W. Grainger, Inc. $GWW

Key Points

• Perigon Wealth Management acquired 3,390 shares of W.W. Grainger worth approximately $4.6 million in the second quarter. Institutional investors and hedge funds collectively own 80.7% of the company.
• Grainger exceeded quarterly expectations, reporting $12.01 in EPS and $5.02 billion in revenue, with revenue up 10.3% year over year. The company reaffirmed fiscal 2026 EPS guidance of $45.50–$47.25.
• The stock opened at $1,319, while analysts maintain a consensus “Hold” rating and an average price target of $1,274.12. Grainger also announced a quarterly dividend of $2.49 per share, representing a 0.8% yield.

Perigon Wealth Management LLC acquired a new position in W.W. Grainger, Inc. (NYSE:GWW - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 3,390 shares of the industrial products company's stock, valued at approximately $4,612,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Wellington Management Group LLP grew its holdings in shares of W.W. Grainger by 1,462.1% during the 4th quarter. Wellington Management Group LLP now owns 1,071,854 shares of the industrial products company's stock worth $1,081,554,000 after purchasing an additional 1,003,237 shares in the last quarter. Norges Bank acquired a new stake in shares of W.W. Grainger during the 4th quarter valued at about $518,958,000. Northwestern Mutual Wealth Management Co. increased its stake in W.W. Grainger by 34,269.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 435,466 shares of the industrial products company's stock valued at $439,407,000 after acquiring an additional 434,199 shares during the period. Price T Rowe Associates Inc. MD raised its position in W.W. Grainger by 61.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,027,286 shares of the industrial products company's stock worth $1,036,584,000 after purchasing an additional 389,589 shares in the last quarter. Finally, Sustainable Growth Advisers LP acquired a new position in W.W. Grainger in the third quarter worth about $239,597,000. 80.70% of the stock is currently owned by institutional investors and hedge funds.

W.W. Grainger Stock Down 0.3%

W.W. Grainger stock opened at $1,319.00 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70. The company's 50-day moving average is $1,345.69 and its 200-day moving average is $1,224.11. The firm has a market capitalization of $62.12 billion, a PE ratio of 33.63, a P/E/G ratio of 2.35 and a beta of 1.04. W.W. Grainger, Inc. has a fifty-two week low of $906.52 and a fifty-two week high of $1,419.91.

W.W. Grainger (NYSE:GWW - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, topping analysts' consensus estimates of $11.30 by $0.71. The business had revenue of $5.02 billion during the quarter, compared to analysts' expectations of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.W.W. Grainger's quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter last year, the company posted $9.97 earnings per share. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Sell-side analysts anticipate that W.W. Grainger, Inc. will post 46.14 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be given a dividend of $2.49 per share. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Monday, August 10th. W.W. Grainger's dividend payout ratio is presently 25.40%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. DA Davidson boosted their price target on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a "neutral" rating in a research report on Thursday, August 6th. Weiss Ratings raised W.W. Grainger from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, July 17th. Wall Street Zen upgraded W.W. Grainger from a "hold" rating to a "buy" rating in a research report on Sunday, August 9th. Sanford C. Bernstein lifted their target price on W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a "market perform" rating in a report on Tuesday, April 21st. Finally, Barclays lifted their price target on W.W. Grainger from $1,166.00 to $1,185.00 and gave the company an "underweight" rating in a research note on Tuesday, August 11th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, W.W. Grainger presently has a consensus rating of "Hold" and a consensus price target of $1,274.12.

About W.W. Grainger

W.W. Grainger, Inc NYSE: GWW is an industrial supply distributor founded in 1927 and headquartered in Lake Forest, Illinois. The company supplies maintenance, repair and operations (MRO) products and services to businesses, institutions and government customers. Over its long history Grainger has developed a broad product assortment and a national distribution network that supports operations across a range of end markets, including manufacturing, healthcare, hospitality, transportation and public sector organizations.

Grainger's product portfolio spans core categories such as electrical and lighting, safety and personal protective equipment, material handling, motors and power transmission, plumbing and HVAC, fasteners and adhesives, hand and power tools, and janitorial and facility supplies.

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