W.W. Grainger, Inc. (NYSE:GWW) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• W.W. Grainger, Inc. has received a consensus rating of "Hold" from 12 brokerages, with an average 12-month price target of approximately $1,080.38.
• In its latest quarterly earnings report, Grainger missed the consensus EPS estimate by $0.10, posting earnings of $9.97 per share, while revenue grew by 5.6% year-over-year.
• The company announced a quarterly dividend of $2.26 per share, resulting in an annualized dividend yield of 0.9%.

W.W. Grainger, Inc. (NYSE:GWW - Get Free Report) has earned a consensus recommendation of "Hold" from the twelve brokerages that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $1,080.3750.

GWW has been the subject of a number of analyst reports. Royal Bank Of Canada decreased their price objective on shares of W.W. Grainger from $1,176.00 to $1,007.00 and set a "sector perform" rating for the company in a research report on Monday, August 4th. Loop Capital decreased their price objective on shares of W.W. Grainger from $1,000.00 to $950.00 and set a "hold" rating for the company in a research report on Monday, August 4th. JPMorgan Chase & Co. lifted their price objective on shares of W.W. Grainger from $1,100.00 to $1,125.00 and gave the company a "neutral" rating in a research report on Tuesday, May 27th. Finally, Morgan Stanley decreased their price objective on shares of W.W. Grainger from $1,215.00 to $1,160.00 and set an "equal weight" rating for the company in a research report on Friday, July 11th.

W.W. Grainger Stock Down 0.2%

Shares of GWW stock traded down $2.12 during trading hours on Monday, hitting $1,014.93. 85,672 shares of the company were exchanged, compared to its average volume of 288,284. The business has a 50 day moving average of $1,015.56 and a two-hundred day moving average of $1,019.99. 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 has a 52 week low of $893.99 and a 52 week high of $1,227.66. The company has a market capitalization of $48.55 billion, a PE ratio of 25.76, a PEG ratio of 2.94 and a beta of 1.18.

W.W. Grainger (NYSE:GWW - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The industrial products company reported $9.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.07 by ($0.10). The company had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $4.52 billion. W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The firm's revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the company earned $9.76 EPS. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. Analysts anticipate that W.W. Grainger will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 1st. Stockholders of record on Monday, August 11th will be given a $2.26 dividend. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, August 11th. W.W. Grainger's dividend payout ratio (DPR) is 22.94%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of GWW. Thrivent Financial for Lutherans lifted its stake in shares of W.W. Grainger by 1.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 2,221 shares of the industrial products company's stock worth $2,306,000 after buying an additional 26 shares during the last quarter. MASTERINVEST Kapitalanlage GmbH acquired a new stake in shares of W.W. Grainger during the 2nd quarter worth about $2,162,000. TT Capital Management LLC acquired a new stake in shares of W.W. Grainger during the 2nd quarter worth about $387,000. Stance Capital LLC acquired a new stake in shares of W.W. Grainger during the 2nd quarter worth about $1,275,000. Finally, Monarch Capital Management Inc. lifted its stake in shares of W.W. Grainger by 1.6% during the 2nd quarter. Monarch Capital Management Inc. now owns 1,275 shares of the industrial products company's stock worth $1,326,000 after buying an additional 20 shares during the last quarter. Institutional investors own 80.70% of the company's stock.

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.