Trexquant Investment LP Grows Stock Position in W.W. Grainger, Inc. $GWW

Key Points

• Trexquant Investment LP increased its stake in W.W. Grainger, acquiring 11,199 shares, raising its total holdings by 68.0% to 27,663 shares worth approximately $27.3 million.
• Several institutional investors also raised their stakes in W.W. Grainger, with 80.70% of the stock now owned by such investors.
• W.W. Grainger reported earnings of $9.97 per share for the last quarter, missing expectations by $0.10, while forecasting a full-year EPS of 38.500-40.250 for 2025.

Trexquant Investment LP raised its position in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 68.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,663 shares of the industrial products company's stock after acquiring an additional 11,199 shares during the period. Trexquant Investment LP owned approximately 0.06% of W.W. Grainger worth $27,326,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. N.E.W. Advisory Services LLC bought a new position in shares of W.W. Grainger during the 1st quarter valued at approximately $25,000. Investment Management Corp VA ADV bought a new position in shares of W.W. Grainger during the 4th quarter valued at approximately $35,000. Itau Unibanco Holding S.A. bought a new position in shares of W.W. Grainger during the 1st quarter valued at approximately $46,000. Cornerstone Planning Group LLC increased its position in shares of W.W. Grainger by 34.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 47 shares of the industrial products company's stock valued at $47,000 after purchasing an additional 12 shares during the last quarter. Finally, Quarry LP bought a new position in shares of W.W. Grainger during the 4th quarter valued at approximately $54,000. 80.70% of the stock is owned by hedge funds and other institutional investors.

W.W. Grainger Stock Down 0.0%

Shares of GWW traded down $0.45 during midday trading on Monday, reaching $1,014.02. 337,931 shares of the stock were exchanged, compared to its average volume of 308,938. W.W. Grainger, Inc. has a 52 week low of $893.99 and a 52 week high of $1,227.66. The company has a current ratio of 2.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.57. The company's 50 day moving average is $1,014.53 and its two-hundred day moving average is $1,019.47. The company has a market capitalization of $48.50 billion, a P/E ratio of 25.73, a PEG ratio of 2.94 and a beta of 1.18.

W.W. Grainger (NYSE:GWW - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The industrial products company reported $9.97 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $10.07 by ($0.10). W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The firm had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $4.52 billion. During the same period in the previous year, the company posted $9.76 EPS. W.W. Grainger's quarterly revenue was up 5.6% compared to the same quarter last year. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. On average, sell-side analysts anticipate 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 declared a quarterly dividend, which will be paid on Monday, September 1st. Stockholders of record on Monday, August 11th will be given a dividend of $2.26 per share. The ex-dividend date of this dividend is Monday, August 11th. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.9%. W.W. Grainger's dividend payout ratio is presently 22.94%.

Analyst Upgrades and Downgrades

GWW has been the topic of several analyst reports. Loop Capital cut their target price on W.W. Grainger from $1,000.00 to $950.00 and set a "hold" rating on the stock in a research report on Monday, August 4th. Royal Bank Of Canada cut 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 report on Monday, August 4th. JPMorgan Chase & Co. upped their price objective on W.W. Grainger from $1,100.00 to $1,125.00 and gave the company a "neutral" rating in a research report on Tuesday, May 27th. Finally, Morgan Stanley cut 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 report on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating, two have given 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, the stock presently has an average rating of "Hold" and a consensus target price of $1,080.38.

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.