UBS resumed coverage of Grainger with a rating of Neutral and set a new price target of $1,280.00 from $1,000.00 previously

Northcoast initiated coverage of Grainger with a rating of Neutral

Oppenheimer downgraded Grainger from Outperform to Perform

Robert W. Baird upgraded Grainger from Neutral to Outperform and set a new price target of $1,230.00 from $975.00 previously

BofA Securities initiated coverage of Grainger with a rating of Underperform and set a new price target of $925.00

Morgan Stanley initiated coverage of Grainger with a rating of Equal-Weight and set a new price target of $990.00

Robert W. Baird downgraded Grainger from Outperform to Neutral and set a new price target of $975.00 from $1,000.00 previously

Stephens upgraded Grainger from Equal-Weight to Overweight and set a new price target of $1,250.00 from $1,000.00 previously

Loop Capital downgraded Grainger from Buy to Hold and set a new price target of $1,000.00 from $925.00 previously

Oppenheimer reiterated coverage of Grainger with a rating of Outperform and set a new price target of $930.00 from $800.00 previously

10-Q - W.W. GRAINGER, INC. (0000277135) (Filer)

8-K - W.W. GRAINGER, INC. (0000277135) (Filer)

8-K - W.W. GRAINGER, INC. (0000277135) (Filer)

FWP - W.W. GRAINGER, INC. (0000277135) (Subject)

424B5 - W.W. GRAINGER, INC. (0000277135) (Filer)

8-K - W.W. GRAINGER, INC. (0000277135) (Filer)

10-Q - W.W. GRAINGER, INC. (0000277135) (Filer)

8-K - W.W. GRAINGER, INC. (0000277135) (Filer)

10-Q - W.W. GRAINGER, INC. (0000277135) (Filer)

8-K - W.W. GRAINGER, INC. (0000277135) (Filer)

Continued strong execution fueling results;Company narrows 2024 earnings outlook Third Quarter Highlights Delivered sales of $4.4 billion, up 4.3%, or 4.0% on a daily, organic constant currency basis Achieved operating margin of 15.6%, down 30 basis pointsGenerated diluted EPS of $9.87, up 4.7%Produced $611 million in operating cash flow and returned $328 million to Grainger shareholders through dividends and share repurchasesNarrowing 2024 total Company earnings guidance ranges, including daily, organic constant currency sales growth of 4.5% to 5.25% and adjusted diluted EPS of $38.65 to $39.35CHICAGO, Oct. 31, 2024 /PRNewswire/ -- Grainger (NYSE:GWW) today reported results for the third qu

CHICAGO, Oct. 30, 2024 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE:GWW) announced today that its board of directors approved a quarterly cash dividend of $2.05 per share. The dividend is payable on December 1, 2024, to shareholders of record on November 11, 2024.   About GraingerW.W. Grainger, Inc., is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. At Grainger, We Keep the World Working® by serving more than 4.5 million customers worldwide with products delivered through innovative technology and deep customer relationships. With 2023 sales of $16.5 billion, the Company operates two business models. In the High-Touch Solutions segmen

Hockley, Texas, celebration includes donation to local elementary school  CHICAGO, Oct. 2, 2024 /PRNewswire/ -- Grainger (NYSE:GWW), a leading broad line distributor of maintenance, repair and operating (MRO) products, joined community members and officials from the greater Houston metropolitan area to ceremonially break ground for the company's 1.2 million-square-foot Houston Texas Distribution Center in Harris County on Tuesday, Oct. 1.   "This isn't our first stop in the Lone Star State. Texas is home to more Grainger locations than any other state, including 34 standard br

Operational execution driving resilient performance; Company narrows 2024 earnings outlook Second Quarter Highlights Delivered sales of $4.3 billion, up 3.1%, or 5.1% on a daily, organic constant currency basis Achieved reported operating margin of 15.1%, down 70 basis points, or 15.4% on an adjusted basis, down 40 basis pointsGenerated diluted EPS of $9.51 on a reported basis, up 2.5%, or $9.76 on an adjusted basis, up 5.2%Produced $411 million in operating cash flow and returned $345 million to Grainger shareholders through dividends and share repurchasesNarrowing most 2024 total Company guidance ranges, including daily, organic constant currency sales growth of 4.0% to 6.0% and adjusted d

CHICAGO, July 31, 2024 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE:GWW) announced today that its board of directors approved a quarterly cash dividend of $2.05 per share. The dividend is payable on September 1, 2024, to shareholders of record on August 12, 2024. About GraingerW.W. Grainger, Inc., is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. At Grainger, We Keep the World Working® by serving more than 4.5 million customers worldwide with products delivered through innovative technology and deep customer relationships. With 2023 sales of $16.5 billion, the Company operates two business models. In the High-Touch Solutions segment,

Report details how company continues "Focusing on What Matters" CHICAGO, July 11, 2024 /PRNewswire/ -- Grainger (NYSE:GWW), a leading broad line distributor of maintenance, repair and operating (MRO) products serving businesses and institutions, today announced the release of its 2024 Environmental, Social and Governance (ESG) Report, entitled "Focusing on What Matters—We Keep The World Working®" on www.GraingerESG.com. "At Grainger, doing the right thing is critical to our ability to be good stewards for our people, our customers, our shareholders and the environment," said D

More than 4 million new MRO, office supply, medical education and safety products have been added for online purchase using cooperative contracts FRANKLIN, Tenn., June 20, 2024 /PRNewswire/ -- OMNIA Partners, the country's largest public and private group purchasing organization, today announced a major expansion of OPUS – the company's free e-commerce platform that provides public sector and nonprofit agencies access to industry-leading pricing and contract terms across hundreds of suppliers. OPUS users can now buy products from eight new nationally recognized suppliers, streamlining the purchasing process for everything from office supplies to industrial equipment.

Strategic focus driving business forward; Company reaffirms full year 2024 guidance ranges First Quarter Highlights Delivered sales of $4.2 billion, up 3.5%, or 4.9% on a daily, organic constant currency basis Achieved operating margin of 15.8%, down 80 basis pointsIncreased diluted EPS by $0.01 to $9.62Generated $661 million in operating cash flow and returned $360 million to Grainger shareholders through dividends and share repurchasesAnnounced dividend increase of 10% Refreshed repurchase authorization for up to 5 million shares of common stockReaffirming FY 2024 guidanceCHICAGO, April 25, 2024 /PRNewswire/ -- Grainger (NYSE:GWW) today reported results for the first quarter of 2024 with s

CHICAGO, April 24, 2024 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE:GWW) held its annual meeting of shareholders in Lake Forest, Ill., today. Chairman and CEO D.G. Macpherson provided a company update, which included financial and operational highlights from 2023. Shareholders elected the following 13 directors: Rodney C. Adkins Neil S. Novich George S. Davis Beatriz R. Perez Katherine D. Jaspon E. Scott Santi Christopher J. Klein Susan Slavik Williams Stuart L. Levenick Lucas E. Watson D.G. Macpherson Steven A. White Cindy J. Miller In addition, the shareholders ratified the appointment of Ernst & Young LLP as its independent auditor for the year 2024. Shareholders also voted in favor of the

CHICAGO, April 24, 2024 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE:GWW) announced today that its board of directors approved a quarterly cash dividend of $2.05 per share, an increase of 10% from the most recent company dividend. The dividend is payable on June 1, 2024, to shareholders of record on May 13, 2024. In addition, the board approved the repurchase of up to 5 million shares of the company's outstanding common stock, replacing the company's existing repurchase authorization. The new repurchase authorization has no expiration date. As of December 31, 2023, the company had approximately 49.3 million shares of common stock outstanding. "2024 is on track to be our 53rd consecutive year o

CHICAGO, April 24, 2024 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE:GWW) held its annual meeting of shareholders in Lake Forest, Ill., today. Chairman and CEO D.G. Macpherson provided a company update, which included financial and operational highlights from 2023. Shareholders elected the following 13 directors: Rodney C. Adkins Neil S. Novich George S. Davis Beatriz R. Perez Katherine D. Jaspon E. Scott Santi Christopher J. Klein Susan Slavik Williams Stuart L. Levenick Lucas E. Watson D.G. Macpherson Steven A. White Cindy J. Miller In addition, the shareholders ratified the appointment of Ernst & Young LLP as its independent auditor for the year 2024. Shareholders also voted in favor of the

Miller brings extensive leadership experience in business-to-business strategy, operations, transportation, logistics and customer segmentation CHICAGO, March 7, 2024 /PRNewswire/ -- Grainger (NYSE:GWW), today announced that the Board of Directors has selected a new nominee, Cindy J. Miller, to serve for the 2024-2025 period. This announcement is an update to the slate of nominees published on February 21, 2024 via a Company press release. With this nomination, Grainger now has 13 nominees for service on its Board of Directors. Ms. Miller, age 61, is the President and Chief Ex

Klein brings extensive leadership experience in growth strategies and understanding of customer and market dynamics CHICAGO, Dec. 13, 2023 /PRNewswire/ -- Grainger (NYSE:GWW), a leading broad line distributor of maintenance, repair and operating (MRO) products serving businesses and institutions, today announced the appointment of Chris Klein to its Board of Directors, effective December 13, 2023. Until retiring in December 2020, Mr. Klein, age 60, most recently served as Executive Chairman and Chief Executive Officer for Fortune Brands Home and Security, a manufacturer of hom

CHICAGO, Sept. 12, 2023 /PRNewswire/ -- Grainger (NYSE:GWW), the leading broad line distributor of maintenance, repair and operating (MRO) products serving businesses and institutions, today announced the appointment of Matt Fortin as Senior Vice President and Chief Human Resources Officer, effective Wednesday, September 13, 2023. With this appointment, he will join the Grainger Leadership Team. "With nearly two decades of experience in roles across Grainger, Matt brings an innate understanding of our business and our diverse team member populations," said D.G. Macpherson, Chairman and CEO, Grainger. "Grainger is frequently recognized for its culture, where our team members are valued, comf

CHICAGO, April 26, 2023 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE:GWW) held its annual meeting of shareholders in Lake Forest, Ill., today. Chairman and CEO D.G. Macpherson provided a company update, which included financial and operational highlights from 2022 as well as an update on the Company's environmental, social and governance (ESG) program. Shareholders elected the following 11 directors: Rodney C. Adkins Beatriz R. Perez V. Ann Hailey E. Scott Santi Katherine D. Jaspon Susan Slavik Williams Stuart L. Levenick Lucas E. Watson D.G. Macpherson Steven A. White Neil S. Novich In addition, the shareholders ratified the appointment of Ernst & Young LLP as its independent auditor for the

Mattinson joined the company in 2019 as its first female vice president CHICAGO, March 3, 2023 /PRNewswire/ -- Zoro.com, an eCommerce company that sells millions of supplies, equipment and tools to small businesses nationwide, today announced Sandy Mattinson, who currently serves as Chief Revenue Officer, will become the company's new president on April 1, 2023. She succeeds Kevin Weadick, who stepped down after serving as the company's president since 2017. "Sandy is a consummate leader who both inspires and challenges her teams in new and creative ways all with the goal of d

CHICAGO, April 27, 2022 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE:GWW) held its annual shareholder meeting today. Due to the continuing public health impacts of the COVID-19 pandemic, the meeting was held virtually. Chairman and CEO DG Macpherson provided a company update which included financial and operational highlights from 2021 as well as an update on the Company's ESG program. Shareholders elected the following 12 directors: Rodney C. Adkins Beatriz R. Perez V. Ann Hailey Michael J. Roberts Katherine D. Jaspon E. Scott Santi Stuart L. Levenick Susan Slavik Williams DG Macpherson Lucas E. Watson Neil S. Novich Steven A. White In addition, the shareholders ratified the appointment of E

CHICAGO, April 28, 2021 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE:GWW) held its annual shareholder meeting today. Due to the continuing public health impacts of the COVID-19 pandemic, the meeting was held virtually. Chairman and CEO DG Macpherson provided a company update which included comments on the recent re-segmentation to align financial reporting to the company's two business models and the company's strategic cultural framework – the Grainger Edge – which underlies the success of these models as well as the company's commitment to corporate responsibility. Shareholders elected the following 13 directors: Rodney C. Adkins Beatriz R. Perez Brian P. Anderson Michael J. Roberts V. Ann

CHICAGO, Jan. 12, 2021 /PRNewswire/ -- Grainger (NYSE: GWW), the leading broad line supplier of maintenance, repair and operating (MRO) products serving businesses and institutions, today announced the following executive leadership appointments: Grainger names Deidra (Dee) Merriwether Chief Financial Officer Grainger names Paige Robbins SVP and President of the Grainger Business Unit, comprised of Grainger businesses in the United States, Canada, Mexico and Puerto Rico Deidra (Dee) Merriwether, currently Senior Vice President (SVP) and President, North American Sales and Services, has been named Chief Financial Officer. Paige Robbins, currently SVP, C

W.W. Grainger (NYSE:GWW) has outperformed the market over the past 5 years by 13.0% on an annualized basis producing an average annual return of 25.94%. Currently, W.W. Grainger has a market capitalization of $46.41 billion. Buying $1000 In GWW: If an investor had bought $1000 of GWW stock 5 years ago, it would be worth $3,165.05 today based on a price of $945.83 for GWW at the time of writing. W.W. Grainger's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engi

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Industrials sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume ACHR CALL SWEEP BEARISH 10/18/24 $6.00 $164.8K 1.6K 15.3K HON PUT TRADE NEUTRAL 09/20

W.W. Grainger's (NYSE:GWW) short percent of float has fallen 15.37% since its last report. The company recently reported that it has 1.37 million shares sold short, which is 3.58% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.92 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest

W.W. Grainger (NYSE:GWW) has outperformed the market over the past 20 years by 6.68% on an annualized basis producing an average annual return of 14.98%. Currently, W.W. Grainger has a market capitalization of $44.92 billion. Buying $1000 In GWW: If an investor had bought $1000 of GWW stock 20 years ago, it would be worth $16,368.85 today based on a price of $915.51 for GWW at the time of writing. W.W. Grainger's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content

W.W. Grainger (NYSE:GWW) has outperformed the market over the past 5 years by 14.3% on an annualized basis producing an average annual return of 27.56%. Currently, W.W. Grainger has a market capitalization of $45.42 billion. Buying $100 In GWW: If an investor had bought $100 of GWW stock 5 years ago, it would be worth $334.38 today based on a price of $925.56 for GWW at the time of writing. W.W. Grainger's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine a

Erste Group analyst Hans Engel downgrades W.W. Grainger (NYSE:GWW) from Buy to Hold.

W.W. Grainger (NYSE:GWW) has outperformed the market over the past 20 years by 7.08% on an annualized basis producing an average annual return of 14.93%. Currently, W.W. Grainger has a market capitalization of $44.18 billion. Buying $1000 In GWW: If an investor had bought $1000 of GWW stock 20 years ago, it would be worth $16,528.36 today based on a price of $900.47 for GWW at the time of writing. W.W. Grainger's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content

W.W. Grainger (NYSE:GWW) has outperformed the market over the past 5 years by 15.41% on an annualized basis producing an average annual return of 28.45%. Currently, W.W. Grainger has a market capitalization of $46.73 billion. Buying $1000 In GWW: If an investor had bought $1000 of GWW stock 5 years ago, it would be worth $3,517.73 today based on a price of $952.32 for GWW at the time of writing. W.W. Grainger's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content eng