W.W. Grainger, Inc. $GWW Shares Sold by Corient Private Wealth LLC

Key Points

• Corient Private Wealth trimmed its W.W. Grainger stake by 2.6% in the fourth quarter, selling 1,017 shares and ending with 38,617 shares valued at about $39.2 million.
• Grainger reported strong quarterly results, with EPS of $11.65 beating estimates and revenue of $4.74 billion topping expectations; revenue rose 10.1% year over year.
• The company raised its quarterly dividend to $2.49 per share from $2.26, while analysts currently have a consensus Hold rating with a target price of $1,217.

Corient Private Wealth LLC cut its position in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 2.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,617 shares of the industrial products company's stock after selling 1,017 shares during the quarter. Corient Private Wealth LLC owned approximately 0.08% of W.W. Grainger worth $39,165,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of GWW. Miller Capital Partners Inc. purchased a new stake in W.W. Grainger in the 4th quarter worth approximately $26,000. Ameriflex Group Inc. lifted its stake in shares of W.W. Grainger by 211.1% during the 3rd quarter. Ameriflex Group Inc. now owns 28 shares of the industrial products company's stock worth $27,000 after purchasing an additional 19 shares during the period. MV Capital Management Inc. purchased a new position in shares of W.W. Grainger during the 4th quarter worth $28,000. Harbor Investment Advisory LLC boosted its holdings in shares of W.W. Grainger by 314.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 29 shares of the industrial products company's stock worth $29,000 after purchasing an additional 22 shares during the last quarter. Finally, Elyxium Wealth LLC acquired a new stake in shares of W.W. Grainger during the fourth quarter worth $30,000. Institutional investors and hedge funds own 80.70% of the company's stock.

Insider Transactions at W.W. Grainger

In other news, CFO Deidra C. Merriwether sold 2,339 shares of W.W. Grainger stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $1,064.73, for a total value of $2,490,403.47. Following the transaction, the chief financial officer directly owned 10,235 shares of the company's stock, valued at $10,897,511.55. The trade was a 18.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, VP Laurie R. Thomson sold 313 shares of the business's stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $1,231.69, for a total value of $385,518.97. Following the sale, the vice president owned 399 shares of the company's stock, valued at $491,444.31. The trade was a 43.96% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 6,451 shares of company stock valued at $7,380,743. 6.30% of the stock is currently owned by company insiders.

W.W. Grainger Stock Down 0.0%

Shares of NYSE GWW opened at $1,364.88 on Monday. The stock has a market capitalization of $64.44 billion, a PE ratio of 36.71, a P/E/G ratio of 2.52 and a beta of 1.04. The company has a quick ratio of 1.60, a current ratio of 2.69 and a debt-to-equity ratio of 0.55. The firm has a fifty day moving average of $1,234.04 and a 200-day moving average of $1,129.84. W.W. Grainger, Inc. has a 52-week low of $906.52 and a 52-week high of $1,365.42.

W.W. Grainger (NYSE:GWW - Get Free Report) last issued its earnings results on Thursday, May 7th. The industrial products company reported $11.65 earnings per share for the quarter, topping the consensus estimate of $10.21 by $1.44. W.W. Grainger had a return on equity of 47.87% and a net margin of 9.70%.The business had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same period last year, the company posted $9.86 EPS. The business's quarterly revenue was up 10.1% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. On average, analysts anticipate that W.W. Grainger, Inc. will post 45.39 EPS for the current year.

W.W. Grainger Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 11th were issued a $2.49 dividend. This is a positive change from W.W. Grainger's previous quarterly dividend of $2.26. The ex-dividend date was Monday, May 11th. This represents a $9.96 dividend on an annualized basis and a dividend yield of 0.7%. W.W. Grainger's dividend payout ratio (DPR) is 26.79%.

Wall Street Analyst Weigh In

Several research firms recently commented on GWW. DA Davidson initiated coverage on W.W. Grainger in a research note on Tuesday, June 16th. They issued a "neutral" rating and a $1,250.00 target price for the company. Weiss Ratings raised W.W. Grainger from a "buy (b-)" rating to a "buy (b)" rating in a research note on Monday, May 4th. Sanford C. Bernstein lifted their price target on W.W. Grainger from $1,052.00 to $1,125.00 and gave the company a "market perform" rating in a report on Tuesday, April 21st. Wall Street Zen raised shares of W.W. Grainger from a "hold" rating to a "buy" rating in a research note on Saturday, May 23rd. Finally, Royal Bank Of Canada upped their price objective on shares of W.W. Grainger from $1,170.00 to $1,337.00 and gave the company a "sector perform" rating in a research note on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $1,217.00.

W.W. Grainger Company 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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