BofA Securities initiated coverage on Grainger with a new price target
$GWW
Office Equipment/Supplies/Services
Industrials
BofA Securities initiated coverage of Grainger with a rating of Underperform and set a new price target of $925.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/13/2024 | $1000.00 → $1280.00 | Neutral | UBS |
| 10/29/2024 | Neutral | Northcoast | |
| 10/17/2024 | Outperform → Perform | Oppenheimer | |
| 10/16/2024 | $975.00 → $1230.00 | Neutral → Outperform | Robert W. Baird |
| 10/7/2024 | $925.00 | Underperform | BofA Securities |
| 9/6/2024 | $990.00 | Equal-Weight | Morgan Stanley |
| 5/29/2024 | $1000.00 → $975.00 | Outperform → Neutral | Robert W. Baird |
| 4/29/2024 | $1000.00 → $1250.00 | Equal-Weight → Overweight | Stephens |
10-Q - W.W. GRAINGER, INC. (0000277135) (Filer)
8-K - 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
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
4 - W.W. GRAINGER, INC. (0000277135) (Issuer)
4 - W.W. GRAINGER, INC. (0000277135) (Issuer)
3 - W.W. GRAINGER, INC. (0000277135) (Issuer)
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
SC 13G/A - W.W. GRAINGER, INC. (0000277135) (Subject)
SC 13G/A - W.W. GRAINGER, INC. (0000277135) (Subject)
SC 13G/A - W.W. GRAINGER, INC. (0000277135) (Subject)
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
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, 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