Teamwork Financial Advisors LLC Sells 506 Shares of W.W. Grainger, Inc. $GWW

Key Points

• Teamwork Financial Advisors LLC reduced its holdings in W.W. Grainger, Inc. by 47.8%, selling 506 shares during the 2nd quarter, now owning 552 shares valued at approximately $577,000.
• Several large investors made significant changes to their stakes in W.W. Grainger, with GAMMA Investing LLC increasing its holdings by 100,843.0%, now owning 692,469 shares valued at $684 million.
• W.W. Grainger recently reported earnings with an EPS of $9.97, which missed analysts' expectations by $0.10, and announced a quarterly dividend of $2.26, reflecting an annual yield of 0.9%.

Teamwork Financial Advisors LLC trimmed its position in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 47.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 552 shares of the industrial products company's stock after selling 506 shares during the quarter. Teamwork Financial Advisors LLC's holdings in W.W. Grainger were worth $577,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. GAMMA Investing LLC increased 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 during the last quarter. Nuveen LLC bought a new stake in W.W. Grainger during the first quarter worth approximately $285,574,000. JPMorgan Chase & Co. increased 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 during the last quarter. Kodai Capital Management LP bought a new stake in W.W. Grainger during the first quarter worth approximately $67,601,000. Finally, Interval Partners LP increased its stake in W.W. Grainger by 1,429.9% during the first quarter. Interval Partners LP now owns 67,957 shares of the industrial products company's stock worth $67,130,000 after acquiring an additional 63,515 shares during the last quarter. 80.70% of the stock is owned by institutional investors.

Insider Transactions at W.W. Grainger

In related news, SVP Jonny M. Leroy sold 500 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total value of $496,430.00. Following the transaction, the senior vice president owned 1,771 shares of the company's stock, valued at $1,758,355.06. This represents a 22.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 6.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on GWW shares. Loop Capital reduced their price objective 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. Morgan Stanley reduced their price objective 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. JPMorgan Chase & Co. reduced their price objective on W.W. Grainger from $1,125.00 to $1,035.00 and set a "neutral" rating on the stock in a research note on Thursday, September 4th. Finally, Royal Bank Of Canada reduced their price objective on W.W. Grainger from $1,176.00 to $1,007.00 and set a "sector perform" rating on the stock in a research note on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $1,069.13.

W.W. Grainger Trading Down 1.0%

GWW opened at $1,004.92 on Friday. The stock has a market cap of $48.07 billion, a price-to-earnings ratio of 25.50, a P/E/G ratio of 2.94 and a beta of 1.18. The stock's 50 day moving average price is $1,008.49 and its 200-day moving average price is $1,018.90. W.W. Grainger, Inc. has a one year low of $893.99 and a one year high of $1,227.66. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.64 and a current ratio of 2.82.

W.W. Grainger (NYSE:GWW - Get Free Report) last released its earnings results on Friday, August 1st. The industrial products company reported $9.97 EPS for the quarter, missing analysts' consensus estimates of $10.07 by ($0.10). The business had revenue of $4.55 billion for 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 company's quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the company posted $9.76 EPS. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. On average, equities analysts forecast 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 was paid on Monday, September 1st. Investors of record on Monday, August 11th were paid a $2.26 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $9.04 annualized dividend and a yield of 0.9%. W.W. Grainger's dividend payout ratio is 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.

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