UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Sells 1,286 Shares of W.W. Grainger, Inc. $GWW

Key Points

• UBS AM reduced its stake in W.W. Grainger by 0.2%, holding 583,568 shares worth approximately $576 million after selling 1,286 shares.
• Several institutional investors have increased their positions in W.W. Grainger, with Brighton Jones LLC raising its holdings by 46.8% during the fourth quarter.
• W.W. Grainger reported a miss in EPS for the last quarter, with earnings of $9.97 compared to the consensus estimate of $10.07, while revenue was slightly above estimates at $4.55 billion.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC reduced its holdings in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 0.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 583,568 shares of the industrial products company's stock after selling 1,286 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 1.21% of W.W. Grainger worth $576,466,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC raised its holdings in shares of W.W. Grainger by 46.8% during the fourth quarter. Brighton Jones LLC now owns 320 shares of the industrial products company's stock worth $338,000 after acquiring an additional 102 shares during the period. Focus Partners Wealth raised its holdings in shares of W.W. Grainger by 1.5% during the fourth quarter. Focus Partners Wealth now owns 14,869 shares of the industrial products company's stock worth $15,915,000 after acquiring an additional 225 shares during the period. Jefferies Financial Group Inc. raised its holdings in shares of W.W. Grainger by 38.7% during the fourth quarter. Jefferies Financial Group Inc. now owns 2,034 shares of the industrial products company's stock worth $2,144,000 after acquiring an additional 568 shares during the period. Janus Henderson Group PLC raised its holdings in shares of W.W. Grainger by 2.1% during the fourth quarter. Janus Henderson Group PLC now owns 6,610 shares of the industrial products company's stock worth $6,975,000 after acquiring an additional 133 shares during the period. Finally, Lazard Asset Management LLC raised its holdings in shares of W.W. Grainger by 25.3% during the fourth quarter. Lazard Asset Management LLC now owns 13,305 shares of the industrial products company's stock worth $14,024,000 after acquiring an additional 2,684 shares during the period. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

GWW has been the topic of several recent research reports. Royal Bank Of Canada lowered their price target on shares of 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. JPMorgan Chase & Co. lowered their price target on shares of 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. Loop Capital lowered their price target on shares of 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. Finally, Morgan Stanley lowered their price target on shares of 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. One investment 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $1,069.13.

W.W. Grainger Stock Performance

Shares of GWW stock opened at $996.56 on Wednesday. The company has a market capitalization of $47.67 billion, a price-to-earnings ratio of 25.29, a PEG ratio of 2.89 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 company has a 50-day simple moving average of $1,010.93 and a 200 day simple moving average of $1,018.85. W.W. Grainger, Inc. has a 52 week low of $893.99 and a 52 week 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 for the quarter, compared to the consensus estimate of $4.52 billion. W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The business's quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the firm posted $9.76 EPS. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. On average, sell-side 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 was paid on Monday, September 1st. Stockholders of record on Monday, August 11th were given a $2.26 dividend. The ex-dividend date was Monday, August 11th. This represents a $9.04 annualized dividend and a dividend yield of 0.9%. W.W. Grainger's payout ratio is presently 22.94%.

About W.W. Grainger

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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