Quantbot Technologies LP Has $1.99 Million Holdings in W.W. Grainger, Inc. $GWW

Key Points

• Quantbot Technologies LP significantly increased its holdings in W.W. Grainger, Inc. by 417.7%, owning 2,014 shares valued at approximately $1.99 million.
• W.W. Grainger's earnings report for the last quarter revealed earnings per share of $9.97, which fell short of the consensus estimate of $10.07.
• The company declared a quarterly dividend of $2.26 per share, with the stock yielding 0.9% annually, and the ex-dividend date set for August 11.

Quantbot Technologies LP grew its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 417.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,014 shares of the industrial products company's stock after acquiring an additional 1,625 shares during the quarter. Quantbot Technologies LP's holdings in W.W. Grainger were worth $1,989,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of GWW. GAMMA Investing LLC raised its stake in W.W. Grainger by 100,843.0% during the first quarter. GAMMA Investing LLC now owns 692,469 shares of the industrial products company's stock worth $684,042,000 after acquiring an additional 691,783 shares in the last quarter. Nuveen LLC acquired a new position in W.W. Grainger during the first quarter worth about $285,574,000. Northern Trust Corp raised its stake in W.W. Grainger by 14.2% during the fourth quarter. Northern Trust Corp now owns 681,912 shares of the industrial products company's stock worth $718,769,000 after acquiring an additional 84,595 shares in the last quarter. JPMorgan Chase & Co. raised its stake in W.W. Grainger by 10.1% during the first quarter. JPMorgan Chase & Co. now owns 822,411 shares of the industrial products company's stock worth $812,403,000 after acquiring an additional 75,644 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in W.W. Grainger by 1.1% during the first quarter. Vanguard Group Inc. now owns 5,388,378 shares of the industrial products company's stock worth $5,322,801,000 after acquiring an additional 57,690 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Royal Bank Of Canada lowered their target price on W.W. Grainger from $1,176.00 to $1,007.00 and set a "sector perform" rating for the company in a research note on Monday, August 4th. Morgan Stanley reduced their price target on 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. JPMorgan Chase & Co. boosted their price target on W.W. Grainger from $1,100.00 to $1,125.00 and gave the stock a "neutral" rating in a report on Tuesday, May 27th. Finally, Loop Capital reduced their price target on W.W. Grainger from $1,000.00 to $950.00 and set a "hold" rating on the stock in a report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, W.W. Grainger has a consensus rating of "Hold" and an average price target of $1,080.38.

W.W. Grainger Trading Up 2.7%

Shares of NYSE:GWW traded up $26.5310 during midday trading on Friday, hitting $1,020.6010. 333,372 shares of the stock were exchanged, compared to its average volume of 353,355. The stock has a market capitalization of $48.82 billion, a price-to-earnings ratio of 25.90, a P/E/G ratio of 2.96 and a beta of 1.18. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.64 and a current ratio of 2.82. The business's 50-day moving average price is $1,017.89 and its 200 day moving average price is $1,020.22. W.W. Grainger, Inc. has a 12 month low of $893.99 and a 12 month high of $1,227.66.

W.W. Grainger (NYSE:GWW - Get Free Report) last announced its earnings results 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 net margin of 10.99% and a return on equity of 49.63%. The business's revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $9.76 earnings per share. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. Analysts predict that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 1st. Shareholders of record on Monday, August 11th will be given a dividend of $2.26 per share. This represents a $9.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Monday, August 11th. W.W. Grainger's dividend payout ratio is currently 22.94%.

W.W. Grainger Company 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.