United Capital Financial Advisors LLC Buys New Stake in W.W. Grainger, Inc. $GWW

United Capital Financial Advisors LLC purchased a new position in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,197 shares of the industrial products company's stock, valued at approximately $5,710,000.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake 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 purchasing an additional 102 shares in the last quarter. Empowered Funds LLC grew its stake in shares of W.W. Grainger by 18.0% in the first quarter. Empowered Funds LLC now owns 2,851 shares of the industrial products company's stock valued at $2,816,000 after buying an additional 435 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of W.W. Grainger by 169.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,826 shares of the industrial products company's stock valued at $3,980,000 after buying an additional 2,407 shares during the period. Gamco Investors INC. ET AL purchased a new stake in shares of W.W. Grainger during the 2nd quarter valued at about $208,000. Finally, Sei Investments Co. lifted its position in W.W. Grainger by 35.2% during the 2nd quarter. Sei Investments Co. now owns 41,388 shares of the industrial products company's stock worth $43,051,000 after acquiring an additional 10,784 shares in the last quarter. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on the stock. DA Davidson increased their price objective on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a "neutral" rating in a research report on Thursday, August 6th. Weiss Ratings raised shares of W.W. Grainger from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, July 17th. Wall Street Zen upgraded shares of W.W. Grainger from a "hold" rating to a "buy" rating in a research note on Sunday, August 9th. Oppenheimer raised their price target on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. Finally, Stephens downgraded shares of W.W. Grainger from an "overweight" rating to an "equal weight" rating and set a $1,355.00 price target on the stock. in a research note on Tuesday, July 14th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $1,286.62.

W.W. Grainger Price Performance

GWW stock opened at $1,319.67 on Friday. The stock's 50 day moving average is $1,344.10 and its two-hundred day moving average is $1,234.33. W.W. Grainger, Inc. has a 52-week low of $906.52 and a 52-week high of $1,419.91. The company has a market capitalization of $62.16 billion, a PE ratio of 33.65, a P/E/G ratio of 2.38 and a beta of 1.04. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53.

W.W. Grainger (NYSE:GWW - Get Free Report) last released its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating the consensus estimate of $11.30 by $0.71. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The company had revenue of $5.02 billion during the quarter, compared to analysts' expectations of $4.96 billion. During the same period in the prior year, the business posted $9.97 EPS. The business's revenue was up 10.3% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Analysts predict that W.W. Grainger, Inc. will post 46.1 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th will be paid a dividend of $2.49 per share. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Monday, August 10th. W.W. Grainger's dividend payout ratio is 25.40%.

W.W. Grainger Profile

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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