W.W. Grainger (GWW) Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for W.W. Grainger in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GWW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GWW, but not buy additional shares or sell existing shares.
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9 analysts have issued 1 year target prices for W.W. Grainger's shares. Their GWW share price forecasts range from $555.00 to $815.00. On average, they predict the company's stock price to reach $704.88 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price.
View analysts price targets for GWW or view top-rated stocks among Wall Street analysts.

W.W. Grainger's stock was trading at $556.25 at the beginning of 2023. Since then, GWW shares have increased by 21.8% and is now trading at $677.77.
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The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our GWW earnings forecast.

W.W. Grainger, Inc. (NYSE:GWW) announced its quarterly earnings results on Thursday, April, 27th. The industrial products company reported $9.61 EPS for the quarter, beating the consensus estimate of $8.57 by $1.04. The industrial products company had revenue of $4.09 billion for the quarter, compared to analyst estimates of $4.08 billion. W.W. Grainger had a trailing twelve-month return on equity of 61.00% and a net margin of 10.65%. The business's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the business posted $7.07 EPS.
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W.W. Grainger announced a quarterly dividend on Wednesday, April 26th. Stockholders of record on Monday, May 8th will be paid a dividend of $1.86 per share on Thursday, June 1st. This represents a $7.44 annualized dividend and a dividend yield of 1.10%. The ex-dividend date is Friday, May 5th. This is an increase from the stock's previous quarterly dividend of $1.72.
Read our dividend analysis for GWW.

ETFs with the largest weight of W.W. Grainger (NYSE:GWW) stock in their portfolio include Franklin Disruptive Commerce ETF (BUYZ), Hennessy Stance ESG Large Cap ETF (STNC), TrueMark ESG Active Opportunities ETF (ECOZ), Invesco DWA Industrials Momentum ETF (PRN), Emerge EMPWR Sustainable Select Growth Equity ETF (EMGC), ClearBridge Large Cap Growth ESG ETF (LRGE), Siren DIVCON Leaders Dividend ETF (LEAD) and Gabelli Automation ETF (GAST).

W.W. Grainger (NYSE:GWW) pays an annual dividend of $7.44 per share and currently has a dividend yield of 1.10%. The company has been increasing its dividend for 53 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 22.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GWW will have a dividend payout ratio of 19.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GWW.

W.W. Grainger updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $34.25-$36.75 for the period, compared to the consensus EPS estimate of $33.36. The company issued revenue guidance of $16.20 billion-$16.80 billion, compared to the consensus revenue estimate of $16.50 billion.

543 employees have rated W.W. Grainger Chief Executive Officer DG Macpherson on Glassdoor.com. DG Macpherson has an approval rating of 87% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other W.W. Grainger investors own include Johnson & Johnson (JNJ), 3M (MMM), AT&T (T), Exxon Mobil (XOM), Caterpillar (CAT), McDonald's (MCD), Procter & Gamble (PG), Boeing (BA), Walmart (WMT) and AbbVie (ABBV).

W.W. Grainger trades on the New York Stock Exchange (NYSE) under the ticker symbol "GWW."

W.W. Grainger's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.13%), State Street Corp (4.18%), Clearbridge Investments LLC (2.51%), Envestnet Asset Management Inc. (2.17%), Bank of America Corp DE (2.06%) and Geode Capital Management LLC (2.05%). Insiders that own company stock include Deidra C Merriwether, Donald G Macpherson, John L Howard, Kathleen S Carroll, Laurie R Thomson, Paige K Robbins and Susan Slavik Williams.
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Shares of GWW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GWW stock can currently be purchased for approximately $677.77.

W.W. Grainger (NYSE:GWW) has a market capitalization of $34.00 billion and generates $15.23 billion in revenue each year. The industrial products company earns $1.55 billion in net income (profit) each year or $32.61 on an earnings per share basis.

The company employs 26,000 workers across the globe.

W.W. Grainger's mailing address is 100 GRAINGER PARKWAY, LAKE FOREST IL, 60045. The official website for the company is www.grainger.com. The industrial products company can be reached via phone at (847) 535-1000, via email at estorrelations@grainger.com, or via fax at 847-535-0878.