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

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for W.W. Grainger in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.
View GWW analyst ratings or view top-rated stocks.

9 Wall Street analysts have issued 1-year price targets for W.W. Grainger's shares. Their GWW share price forecasts range from $630.00 to $800.00. On average, they expect the company's stock price to reach $734.63 in the next year. This suggests a possible upside of 6.2% 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 the year. Since then, GWW stock has increased by 24.4% and is now trading at $691.84.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our GWW earnings forecast.

W.W. Grainger will be holding an earnings conference call on Thursday, October 26th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

W.W. Grainger, Inc. (NYSE:GWW) released its quarterly earnings results on Thursday, July, 27th. The industrial products company reported $9.28 EPS for the quarter, topping the consensus estimate of $8.96 by $0.32. The industrial products company earned $4.18 billion during the quarter, compared to analyst estimates of $4.20 billion. W.W. Grainger had a net margin of 11.04% and a trailing twelve-month return on equity of 60.40%. The business's revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $7.19 EPS.
Read the conference call transcript.

W.W. Grainger announced a quarterly dividend on Wednesday, July 26th. Stockholders of record on Monday, August 14th will be paid a dividend of $1.86 per share on Friday, September 1st. This represents a $7.44 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend is Friday, August 11th.
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), Profound Medical (PRN), Emerge EMPWR Sustainable Select Growth Equity ETF (EMGC), Gabelli Automation ETF (GAST), AXS Astoria Inflation Sensitive ETF (PPI), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM), ClearBridge Large Cap Growth ESG ETF (LRGE) and Dividend Performers ETF (IPDP).

W.W. Grainger (NYSE:GWW) pays an annual dividend of $7.44 per share and currently has a dividend yield of 1.08%. 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 21.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GWW will have a dividend payout ratio of 19.42% 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, July, 27th. The company provided earnings per share guidance of $35.00-$36.75 for the period, compared to the consensus estimate of $35.89. The company issued revenue guidance of $16.40 billion-$16.80 billion, compared to the consensus revenue estimate of $16.57 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."

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 $691.84.

W.W. Grainger (NYSE:GWW) has a market capitalization of $34.59 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 $34.70 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.