W.W. Grainger - GWW Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for W.W. Grainger in the last year. There are currently 2 sell ratings, 3 hold ratings and 3 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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8 analysts have issued 12-month price targets for W.W. Grainger's shares. Their GWW share price forecasts range from $502.00 to $785.00. On average, they expect the company's stock price to reach $639.86 in the next twelve months. This suggests that the stock has a possible downside of 5.3%.
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W.W. Grainger's stock was trading at $556.25 at the beginning of the year. Since then, GWW shares have increased by 21.5% and is now trading at $675.81.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
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W.W. Grainger, Inc. (NYSE:GWW) released its earnings results on Thursday, February, 2nd. The industrial products company reported $7.14 earnings per share for the quarter, topping analysts' consensus estimates of $6.97 by $0.17. The industrial products company earned $3.80 billion during the quarter, compared to analyst estimates of $3.81 billion. W.W. Grainger had a trailing twelve-month return on equity of 60.13% and a net margin of 10.14%. The company's revenue was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.44 earnings per share.
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W.W. Grainger declared a quarterly dividend on Wednesday, January 25th. Shareholders of record on Monday, February 13th will be given a dividend of $1.72 per share on Wednesday, March 1st. This represents a $6.88 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date is Friday, February 10th.
Read our dividend analysis for GWW.

W.W. Grainger (NYSE:GWW) pays an annual dividend of $6.88 per share and currently has a dividend yield of 1.02%. The company has been increasing its dividend for 52 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 22.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GWW will have a dividend payout ratio of 20.15% 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, February, 2nd. The company provided earnings per share (EPS) guidance of $32.00-$34.50 for the period, compared to the consensus EPS estimate of $30.93. The company issued revenue guidance of $16.20 billion-$16.80 billion, compared to the consensus revenue estimate of $15.94 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 institutional and retail investors. Top institutional investors include Coho Partners Ltd. (0.92%), ProShare Advisors LLC (0.63%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), DekaBank Deutsche Girozentrale (0.32%), Parnassus Investments LLC (0.23%) and Boston Trust Walden Corp (0.21%). Insiders that own company stock include Deidra C Merriwether, Donald G Macpherson, John L Howard, 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 $675.81.

W.W. Grainger (NYSE:GWW) has a market capitalization of $34.15 billion and generates $15.23 billion in revenue each year. The industrial products company earns $1.04 billion in net income (profit) each year or $30.07 on an earnings per share basis.

The company employs 24,200 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.