W.W. Grainger (NYSE:GWW - Get Free Report) was upgraded by equities researchers at Barclays to a "strong sell" rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.
A number of other equities research analysts also recently commented on GWW. Royal Bank Of Canada lowered their price target 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 report on Monday, August 4th. Morgan Stanley lowered their target price 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 note on Friday, July 11th. JPMorgan Chase & Co. reduced their price target on W.W. Grainger from $1,125.00 to $1,035.00 and set a "neutral" rating on the stock in a research note on Thursday, September 4th. 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 report on Monday, August 4th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of W.W. Grainger in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $1,073.88.
Read Our Latest Report on GWW
W.W. Grainger Price Performance
GWW stock opened at $966.42 on Tuesday. The stock's 50 day moving average price is $982.47 and its 200 day moving average price is $1,016.61. The firm has a market cap of $46.22 billion, a P/E ratio of 24.52, a PEG ratio of 2.78 and a beta of 1.17. 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 has a 1 year low of $893.99 and a 1 year high of $1,227.66.
W.W. Grainger (NYSE:GWW - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The industrial products company reported $9.97 earnings per share 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 analysts' expectations of $4.52 billion. W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The business's quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the business posted $9.76 EPS. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. On average, sell-side analysts expect that W.W. Grainger will post 40.3 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, SVP Jonny M. Leroy sold 500 shares of the firm's stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total value of $496,430.00. Following the transaction, the senior vice president directly owned 1,771 shares in the company, valued at $1,758,355.06. This trade represents a 22.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 6.10% of the stock is owned by corporate insiders.
Institutional Trading of W.W. Grainger
A number of institutional investors and hedge funds have recently bought and sold shares of GWW. N.E.W. Advisory Services LLC purchased a new stake in W.W. Grainger during the first quarter worth approximately $25,000. Hilltop National Bank purchased a new position in shares of W.W. Grainger in the 2nd quarter valued at $25,000. Quaker Wealth Management LLC lifted its holdings in shares of W.W. Grainger by 196.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 24 shares of the industrial products company's stock valued at $25,000 after acquiring an additional 49 shares in the last quarter. Brown Lisle Cummings Inc. boosted its position in W.W. Grainger by 316.7% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company's stock worth $26,000 after purchasing an additional 19 shares during the period. Finally, Loomis Sayles & Co. L P acquired a new stake in W.W. Grainger in the 2nd quarter valued at $27,000. Institutional investors and hedge funds own 80.70% of the company's stock.
W.W. Grainger Company Profile
(
Get Free Report)
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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