Sen. Shelley Moore Capito Sells W.W. Grainger, Inc. (NYSE:GWW) Stock

Senator Shelley Moore Capito (R-West Virginia) recently sold shares of W.W. Grainger, Inc. (NYSE:GWW). In a filing disclosed on February 13th, the Senator disclosed that they had sold between $1,001 and $15,000 in W.W. Grainger stock on January 17th.

Senator Shelley Moore Capito also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Aflac (NYSE:AFL) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Illinois Tool Works (NYSE:ITW) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of BlackRock (NYSE:BLK) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Phillips 66 (NYSE:PSX) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Lowe’s Companies (NYSE:LOW) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/3/2025.

W.W. Grainger Trading Down 0.0 %

Shares of GWW stock opened at $1,027.68 on Friday. W.W. Grainger, Inc. has a 52-week low of $874.98 and a 52-week high of $1,227.66. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.49 and a current ratio of 2.49. The company has a 50-day simple moving average of $1,086.13 and a two-hundred day simple moving average of $1,070.21. The company has a market capitalization of $50.05 billion, a price-to-earnings ratio of 26.55, a PEG ratio of 2.75 and a beta of 1.17.

W.W. Grainger (NYSE:GWW) last released its earnings results on Friday, January 31st. The industrial products company reported $9.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.75 by ($0.04). W.W. Grainger had a net margin of 11.12% and a return on equity of 52.43%. During the same period in the prior year, the business earned $8.33 earnings per share. Research analysts anticipate that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Monday, February 10th will be paid a $2.05 dividend. The ex-dividend date of this dividend is Monday, February 10th. This represents a $8.20 annualized dividend and a dividend yield of 0.80%. W.W. Grainger’s payout ratio is 21.18%.

Institutional Investors Weigh In On W.W. Grainger

Several large investors have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB bought a new stake in shares of W.W. Grainger during the 3rd quarter valued at about $848,000. Trust Co. of Toledo NA OH lifted its position in W.W. Grainger by 313.3% during the fourth quarter. Trust Co. of Toledo NA OH now owns 1,521 shares of the industrial products company’s stock valued at $1,603,000 after purchasing an additional 1,153 shares during the last quarter. Clark & Stuart Inc bought a new stake in W.W. Grainger during the fourth quarter valued at approximately $1,741,000. Toronto Dominion Bank lifted its holdings in shares of W.W. Grainger by 72.6% during the 3rd quarter. Toronto Dominion Bank now owns 22,045 shares of the industrial products company’s stock worth $22,901,000 after acquiring an additional 9,270 shares during the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of W.W. Grainger by 27.0% during the 3rd quarter. Empowered Funds LLC now owns 2,226 shares of the industrial products company’s stock worth $2,312,000 after acquiring an additional 473 shares during the last quarter. Institutional investors own 80.70% of the company’s stock.

Analyst Upgrades and Downgrades

GWW has been the subject of a number of research reports. Morgan Stanley increased their target price on shares of W.W. Grainger from $990.00 to $1,215.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 19th. Royal Bank of Canada reduced their price objective on W.W. Grainger from $1,113.00 to $1,112.00 and set a “sector perform” rating for the company in a report on Monday, February 3rd. StockNews.com downgraded W.W. Grainger from a “buy” rating to a “hold” rating in a research note on Thursday, December 19th. Northcoast Research started coverage on W.W. Grainger in a research note on Tuesday, October 29th. They set a “neutral” rating for the company. Finally, Loop Capital increased their target price on shares of W.W. Grainger from $900.00 to $1,100.00 and gave the stock a “hold” rating in a research report on Monday, October 21st. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $1,148.56.

About Senator Capito

Shelley Moore Capito (Republican Party) is a member of the U.S. Senate from West Virginia. She assumed office on January 3, 2015. Her current term ends on January 3, 2027. Capito (Republican Party) ran for re-election to the U.S. Senate to represent West Virginia. She won in the general election on November 3, 2020. Capito was first elected to the Senate in 2014, becoming the first female U.S. Senator in the state’s history. Prior to serving in the Senate, Capito was a member of the West Virginia House of Representatives from 1997 to 2001 and a member of the United States House of Representatives from 2001 to 2015. At the start of the 116th Congress, Capito was a member of the U.S. Senate committees on Appropriations, Commerce, Science, and Transportation, Environment and Public Works, and Rules and Administration. As of a 2014 analysis of multiple outside rankings, Capito is a more moderate right of center Republican Party vote. As a result, she may break with the Republican Party line more than her fellow members. Capito earned her bachelor’s degree from Duke University. After earning her M.Ed. from the University of Virginia, Capito was a college counselor and then director of an educational information center. She was the only Republican in the West Virginia congressional delegation until the 2010 elections and is the first Republican woman elected to Congress from West Virginia. Capito is a former chairwoman of the Congressional Caucus for Women’s Issues, as well as a member of the Congressional Arts Caucus. After an explosion responsible for the death of 29 coal workers, Capito founded the Congressional Coal Caucus. Prior to her election to the U.S. House, Capito served in the West Virginia House of Delegates.

About W.W. Grainger

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.