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, 4 hold ratings and 4 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.
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9 brokers have issued 1-year price targets for W.W. Grainger's stock. Their GWW share price forecasts range from $555.00 to $815.00. On average, they expect the company's stock price to reach $704.88 in the next year. This suggests a possible upside of 8.5% 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 start of the year. Since then, GWW stock has increased by 16.8% and is now trading at $649.83.
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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) issued its quarterly earnings data on Thursday, April, 27th. The industrial products company reported $9.61 earnings per share for the quarter, topping analysts' consensus estimates of $8.57 by $1.04. The industrial products company earned $4.09 billion during the quarter, compared to analyst estimates of $4.08 billion. W.W. Grainger had a net margin of 10.65% and a trailing twelve-month return on equity of 61.00%. The firm's revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm posted $7.07 EPS.
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W.W. Grainger declared a quarterly dividend on Wednesday, April 26th. Stockholders of record on Monday, May 8th will be given a dividend of $1.86 per share on Thursday, June 1st. This represents a $7.44 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Friday, May 5th. This is a positive change 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), Stance Equity ESG Large Cap Core ETF (STNC), TrueMark ESG Active Opportunities ETF (ECOZ), Profound Medical (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 1.12%. 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 issued an update on its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share 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 institutional and retail 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 $649.83.

W.W. Grainger (NYSE:GWW) has a market capitalization of $32.60 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.