W.W. Grainger, Inc. $GWW Holdings Decreased by Hudson Valley Investment Advisors Inc. ADV

Key Points

• Hudson Valley Investment Advisors Inc. ADV reduced its holdings in W.W. Grainger, Inc. by 13.6% in Q2, selling 1,086 shares and bringing their total to 6,894 shares worth approximately $7.17 million.
• W.W. Grainger reported $9.97 EPS for the latest quarter, missing the consensus estimate by $0.10, while revenue increased by 5.6% year-over-year to $4.55 billion.
• The company recently declared a quarterly dividend of $2.26 per share, with an annualized yield of 0.9% and a payout ratio of 22.94%.

Hudson Valley Investment Advisors Inc. ADV trimmed its position in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 13.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,894 shares of the industrial products company's stock after selling 1,086 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV's holdings in W.W. Grainger were worth $7,171,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. N.E.W. Advisory Services LLC bought a new stake in shares of W.W. Grainger in the 1st quarter valued at approximately $25,000. Hilltop National Bank bought a new stake in shares of W.W. Grainger in the 2nd quarter valued at approximately $25,000. Brown Lisle Cummings Inc. increased its holdings in shares of W.W. Grainger by 316.7% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company's stock valued at $26,000 after acquiring an additional 19 shares during the last quarter. Nova Wealth Management Inc. bought a new stake in shares of W.W. Grainger in the 1st quarter valued at approximately $28,000. Finally, Grove Bank & Trust increased its holdings in shares of W.W. Grainger by 52.6% in the 2nd quarter. Grove Bank & Trust now owns 29 shares of the industrial products company's stock valued at $30,000 after acquiring an additional 10 shares during the last quarter. 80.70% of the stock is currently owned by institutional investors.

W.W. Grainger Trading Up 0.4%

Shares of GWW stock opened at $957.17 on Friday. 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, Inc. has a 1 year low of $893.99 and a 1 year high of $1,227.66. The stock has a fifty day moving average of $987.72 and a two-hundred day moving average of $1,016.92. The firm has a market capitalization of $45.78 billion, a PE ratio of 24.29, a price-to-earnings-growth ratio of 2.77 and a beta of 1.17.

W.W. Grainger (NYSE:GWW - Get Free Report) last announced 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 business had revenue of $4.55 billion for the quarter, compared to analyst estimates of $4.52 billion. During the same quarter last year, the firm posted $9.76 EPS. The company's 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. As a group, research analysts expect that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 1st. Shareholders of record on Monday, August 11th were given a dividend of $2.26 per share. This represents a $9.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Monday, August 11th. W.W. Grainger's payout ratio is 22.94%.

Insider Transactions at W.W. Grainger

In other W.W. Grainger news, SVP Jonny M. Leroy sold 500 shares of the business's stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total transaction of $496,430.00. Following the completion of the transaction, the senior vice president owned 1,771 shares in the company, valued at approximately $1,758,355.06. The trade was a 22.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 6.10% of the company's stock.

Analyst Upgrades and Downgrades

GWW has been the subject of a number of recent research reports. JPMorgan Chase & Co. lowered their price objective on W.W. Grainger from $1,125.00 to $1,035.00 and set a "neutral" rating for the company in a research note on Thursday, September 4th. Royal Bank Of Canada lowered their price objective on W.W. Grainger from $1,176.00 to $1,007.00 and set a "sector perform" rating for the company in a research note on Monday, August 4th. Morgan Stanley lowered their price objective on W.W. Grainger from $1,215.00 to $1,160.00 and set an "equal weight" rating for the company in a research note on Friday, July 11th. Weiss Ratings restated a "buy (b)" rating on shares of W.W. Grainger in a research note on Saturday, September 27th. Finally, Loop Capital lowered their price objective on W.W. Grainger from $1,000.00 to $950.00 and set a "hold" rating for the company in a research note on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $1,069.13.

W.W. Grainger 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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