Norinchukin Bank The Has $2.53 Million Stock Holdings in W.W. Grainger, Inc. $GWW

Key Points

• Norinchukin Bank The increased its stake in W.W. Grainger, Inc. by 16.9% during Q1, acquiring an additional 370 shares and bringing its total holdings to 2,563 shares now valued at $2.532 million.
• W.W. Grainger reported earnings per share (EPS) of $9.97 for the last quarter, falling $0.10 short of analysts' expectations.
• The company declared a quarterly dividend of $2.26 per share, with an annualized dividend yield of 0.9%, set to be issued on September 1st.

Norinchukin Bank The increased its stake in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 16.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,563 shares of the industrial products company's stock after buying an additional 370 shares during the quarter. Norinchukin Bank The's holdings in W.W. Grainger were worth $2,532,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GWW. Brighton Jones LLC lifted its stake in 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 during the last quarter. First Trust Advisors LP lifted its stake in W.W. Grainger by 134.6% during the fourth quarter. First Trust Advisors LP now owns 31,119 shares of the industrial products company's stock worth $32,801,000 after purchasing an additional 17,854 shares during the last quarter. OneDigital Investment Advisors LLC lifted its stake in W.W. Grainger by 4.7% during the fourth quarter. OneDigital Investment Advisors LLC now owns 830 shares of the industrial products company's stock worth $875,000 after purchasing an additional 37 shares during the last quarter. Dark Forest Capital Management LP lifted its stake in W.W. Grainger by 5.9% during the fourth quarter. Dark Forest Capital Management LP now owns 759 shares of the industrial products company's stock worth $800,000 after purchasing an additional 42 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in W.W. Grainger by 78.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 111,073 shares of the industrial products company's stock worth $117,077,000 after purchasing an additional 48,889 shares during the last quarter. 80.70% of the stock is currently owned by institutional investors.

W.W. Grainger Trading Up 0.5%

NYSE:GWW traded up $5.12 during trading hours on Wednesday, hitting $1,017.08. 229,608 shares of the company were exchanged, compared to its average volume of 288,931. The stock has a market capitalization of $48.65 billion, a price-to-earnings ratio of 25.81, a price-to-earnings-growth ratio of 2.94 and a beta of 1.18. The company has a current ratio of 2.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.57. W.W. Grainger, Inc. has a one year low of $893.99 and a one year high of $1,227.66. The company has a fifty day simple moving average of $1,016.08 and a 200 day simple moving average of $1,020.01.

W.W. Grainger (NYSE:GWW - Get Free Report) last issued its quarterly earnings results on Friday, August 1st. The industrial products company reported $9.97 earnings per share 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 in the previous year, the business posted $9.76 earnings per share. The business's revenue was up 5.6% on a year-over-year basis. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. Sell-side analysts expect that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 1st. Shareholders of record on Monday, August 11th will be issued 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 is Monday, August 11th. W.W. Grainger's dividend payout ratio (DPR) is presently 22.94%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Morgan Stanley cut their target price 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. JPMorgan Chase & Co. increased their price target on W.W. Grainger from $1,100.00 to $1,125.00 and gave the company a "neutral" rating in a research note on Tuesday, May 27th. Royal Bank Of Canada dropped their price target 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. Finally, Loop Capital dropped their price target 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, two have issued a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $1,080.38.

W.W. Grainger Company 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.