Van ECK Associates Corp Sells 2,365 Shares of W.W. Grainger, Inc. $GWW

Key Points

• Van ECK Associates reduced its W.W. Grainger stake by 19% in the second quarter, selling 2,365 shares and retaining 10,095 shares valued at approximately $13.7 million. Institutional investors collectively own 80.7% of the company.
• Grainger exceeded quarterly expectations, reporting $12.01 in EPS and $5.02 billion in revenue, with revenue up 10.3% year over year. The company issued fiscal 2026 EPS guidance of $45.50–$47.25.
• The company declared a quarterly dividend of $2.49 per share, equal to an annualized $9.96 and a 0.8% yield. Analysts maintain a consensus “Hold” rating with an average price target of $1,286.62.

Van ECK Associates Corp lessened its holdings in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 19.0% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,095 shares of the industrial products company's stock after selling 2,365 shares during the period. Van ECK Associates Corp's holdings in W.W. Grainger were worth $13,733,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Elevation Wealth Partners LLC boosted its stake in shares of W.W. Grainger by 420.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company's stock worth $35,000 after acquiring an additional 21 shares during the last quarter. Miller Capital Partners Inc. purchased a new stake in shares of W.W. Grainger in the 4th quarter worth $26,000. EFG International AG purchased a new stake in shares of W.W. Grainger in the 2nd quarter worth $37,000. MV Capital Management Inc. bought a new position in W.W. Grainger in the 4th quarter worth $28,000. Finally, Elyxium Wealth LLC bought a new position in W.W. Grainger in the 4th quarter worth $30,000. 80.70% of the stock is currently owned by institutional investors.

W.W. Grainger Price Performance

NYSE:GWW opened at $1,311.04 on Tuesday. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. The business's 50-day simple moving average is $1,342.26 and its two-hundred day simple moving average is $1,236.01. The stock has a market cap of $61.75 billion, a PE ratio of 33.43, a P/E/G ratio of 2.32 and a beta of 1.04. W.W. Grainger, Inc. has a 52 week low of $906.52 and a 52 week high of $1,419.91.

W.W. Grainger (NYSE:GWW - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, topping analysts' consensus estimates 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 firm had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same quarter in the prior year, the company posted $9.97 earnings per share. The business's quarterly revenue was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, analysts forecast that W.W. Grainger, Inc. will post 46.17 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

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

Analyst Upgrades and Downgrades

GWW has been the subject of several recent research reports. Wall Street Zen raised W.W. Grainger from a "hold" rating to a "buy" rating in a report on Sunday, August 9th. DA Davidson raised their price objective on W.W. Grainger from $1,250.00 to $1,260.00 and gave the stock a "neutral" rating in a research note on Thursday, August 6th. Morgan Stanley lifted their price objective on W.W. Grainger from $1,300.00 to $1,400.00 and gave the company an "equal weight" rating in a research report on Monday, August 24th. Oppenheimer boosted their price objective on W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. Finally, Wolfe Research raised shares of W.W. Grainger from an "underperform" rating to a "peer perform" rating in a report on Thursday, July 9th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $1,286.62.

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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