Rockefeller Capital Management L.P. Has $3.80 Million Stake in W.W. Grainger, Inc. $GWW

Key Points

• Rockefeller Capital Management increased its W.W. Grainger stake by 79.2% in the fourth quarter, ending with 3,764 shares valued at about $3.8 million.
• W.W. Grainger reported strong quarterly results, with EPS of $11.65 beating estimates and revenue of $4.74 billion topping expectations; revenue rose 10.1% year over year.
• The company also raised its quarterly dividend to $2.49 per share from $2.26, while analysts currently rate the stock a consensus Hold with an average price target of $1,216.44.

Rockefeller Capital Management L.P. boosted its stake in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 79.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,764 shares of the industrial products company's stock after buying an additional 1,664 shares during the quarter. Rockefeller Capital Management L.P.'s holdings in W.W. Grainger were worth $3,799,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Miller Capital Partners Inc. acquired a new stake in W.W. Grainger in the 4th quarter valued at about $26,000. Ameriflex Group Inc. lifted its holdings in shares of W.W. Grainger by 211.1% during the 3rd quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company's stock valued at $27,000 after buying an additional 19 shares during the last quarter. MV Capital Management Inc. bought a new stake in W.W. Grainger in the fourth quarter worth $28,000. Harbor Investment Advisory LLC raised its position in shares of W.W. Grainger by 314.3% in the fourth quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company's stock valued at $29,000 after purchasing an additional 22 shares during the period. Finally, Elyxium Wealth LLC acquired a new position in shares of W.W. Grainger during the 4th quarter worth about $30,000. 80.70% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Morgan Stanley upped their target price on shares of W.W. Grainger from $1,190.00 to $1,300.00 and gave the company an "equal weight" rating in a research note on Wednesday, May 27th. Stephens increased their target price on W.W. Grainger from $1,300.00 to $1,355.00 and gave the company an "overweight" rating in a research note on Monday, May 11th. Barclays lowered their target price on W.W. Grainger from $1,171.00 to $1,166.00 and set an "underweight" rating for the company in a research note on Tuesday, June 23rd. Royal Bank Of Canada boosted their price target on shares of W.W. Grainger from $1,170.00 to $1,337.00 and gave the stock a "sector perform" rating in a research report on Friday, May 8th. Finally, Weiss Ratings raised W.W. Grainger from a "buy (b-)" rating to a "buy (b)" rating in a research report on Monday, May 4th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, W.W. Grainger presently has an average rating of "Hold" and an average target price of $1,216.44.

W.W. Grainger Price Performance

W.W. Grainger stock opened at $1,353.16 on Friday. The company's 50 day moving average price is $1,252.58 and its two-hundred day moving average price is $1,141.94. The company has a quick ratio of 1.60, a current ratio of 2.69 and a debt-to-equity ratio of 0.55. W.W. Grainger, Inc. has a 52 week low of $906.52 and a 52 week high of $1,390.96. The stock has a market cap of $63.88 billion, a P/E ratio of 36.39, a P/E/G ratio of 2.50 and a beta of 1.04.

W.W. Grainger (NYSE:GWW - Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The industrial products company reported $11.65 earnings per share for the quarter, topping the consensus estimate of $10.21 by $1.44. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The firm had revenue of $4.74 billion for the quarter, compared to analysts' expectations of $4.58 billion. During the same quarter in the prior year, the firm posted $9.86 earnings per share. The business's quarterly revenue was up 10.1% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. On average, equities analysts predict that W.W. Grainger, Inc. will post 45.39 earnings per share for the current year.

W.W. Grainger Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 11th were issued a $2.49 dividend. The ex-dividend date of this dividend was Monday, May 11th. This is a positive change from W.W. Grainger's previous quarterly dividend of $2.26. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.7%. W.W. Grainger's payout ratio is 26.79%.

Insider Buying and Selling

In other W.W. Grainger news, VP Laurie R. Thomson sold 313 shares of the company's stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $1,231.69, for a total value of $385,518.97. Following the completion of the transaction, the vice president directly owned 399 shares in the company, valued at $491,444.31. This represents a 43.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Paige K. Robbins sold 1,457 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,232.29, for a total transaction of $1,795,446.53. Following the transaction, the vice president directly owned 2,232 shares of the company's stock, valued at $2,750,471.28. This trade represents a 39.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 4,112 shares of company stock worth $4,890,339. Company insiders own 6.30% of the company's stock.

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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