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 year. 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 equities research analysts have issued twelve-month target prices for W.W. Grainger's shares. Their GWW share price forecasts range from $537.00 to $800.00. On average, they predict the company's stock price to reach $688.88 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price.
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W.W. Grainger's stock was trading at $556.25 on January 1st, 2023. Since then, GWW shares have increased by 20.7% and is now trading at $671.66.
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W.W. Grainger saw a drop in short interest during the month of February. As of February 15th, there was short interest totaling 1,130,000 shares, a drop of 16.3% from the January 31st total of 1,350,000 shares. Based on an average daily trading volume, of 290,300 shares, the days-to-cover ratio is presently 3.9 days. Currently, 2.5% of the shares of the stock are short sold.
View W.W. Grainger's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our GWW earnings forecast.

W.W. Grainger will be holding an earnings conference call on Thursday, April 27th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

W.W. Grainger, Inc. (NYSE:GWW) issued its earnings results on Thursday, February, 2nd. The industrial products company reported $7.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.97 by $0.17. The industrial products company earned $3.80 billion during the quarter, compared to analysts' expectations of $3.81 billion. W.W. Grainger had a net margin of 10.14% and a trailing twelve-month return on equity of 60.13%. The company's quarterly revenue was up 13.2% on a year-over-year basis. During the same quarter last year, the firm earned $5.44 EPS.
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W.W. Grainger announced a quarterly dividend on Wednesday, January 25th. Investors of record on Monday, February 13th will be paid a dividend of $1.72 per share on Wednesday, March 1st. This represents a $6.88 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend is Friday, February 10th.
Read our dividend analysis for GWW.

ETFs with the largest weight of W.W. Grainger (NYSE:GWW) stock in their portfolio include Invesco DWA Industrials Momentum ETF (PRN), Franklin Disruptive Commerce ETF (BUYZ), TrueMark ESG Active Opportunities ETF (ECOZ), Emerge EMPWR Sustainable Select Growth Equity ETF (EMGC), ClearBridge Large Cap Growth ESG ETF (LRGE), Innovator IBD 50 ETF (FFTY), Siren DIVCON Leaders Dividend ETF (LEAD) and Dividend Performers ETF (IPDP).

W.W. Grainger (NYSE:GWW) pays an annual dividend of $6.88 per share and currently has a dividend yield of 1.04%. 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 19.22% 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 EPS guidance of $32.00-$34.50 for the period, compared to the consensus earnings per share 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 retail and institutional investors. Top institutional shareholders include Clearbridge Investments LLC (2.68%), Wells Fargo & Company MN (2.10%), Geode Capital Management LLC (1.83%), Bank of America Corp DE (1.69%), Franklin Resources Inc. (1.35%) and Morgan Stanley (1.30%). 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 $671.66.

W.W. Grainger (NYSE:GWW) has a market capitalization of $33.76 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 $30.07 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.