Rep. Robert Bresnahan, Jr. Sells W.W. Grainger, Inc. (NYSE:GWW) Stock

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of W.W. Grainger, Inc. NYSE: GWW. In a filing disclosed on March 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in W.W. Grainger stock on February 25th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 3/7/2025.
• Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/6/2025.
• Purchased $1,001 - $15,000 in shares of SEA NYSE: SE on 3/5/2025.
• Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 3/4/2025.
• Sold $15,001 - $50,000 in shares of Alibaba Group NYSE: BABA on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Zoom Video Communications NASDAQ: ZM on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 3/3/2025.
• Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/3/2025.

W.W. Grainger Price Performance

GWW stock traded up $5.15 during mid-day trading on Wednesday, reaching $999.21. 111,823 shares of the company traded hands, compared to its average volume of 283,987. The company has a fifty day moving average price of $1,022.30 and a 200-day moving average price of $1,077.69. The company has a market capitalization of $48.18 billion, a P/E ratio of 25.81, a P/E/G ratio of 2.70 and a beta of 1.20. 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 current ratio of 2.49 and a quick ratio of 1.49.

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W.W. Grainger (NYSE:GWW - Get Free Report) last announced its quarterly earnings results on Friday, January 31st. The industrial products company reported $9.71 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 quarter in the prior year, the company earned $8.33 earnings per share. As a group, analysts anticipate that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Saturday, March 1st. Stockholders of record on Monday, February 10th were issued a $2.05 dividend. This represents a $8.20 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date was Monday, February 10th. W.W. Grainger's payout ratio is currently 21.18%.

Institutional Trading of W.W. Grainger

Hedge funds have recently added to or reduced their stakes in the business. Cyrus J. Lawrence LLC purchased a new position in shares of W.W. Grainger in the fourth quarter worth about $31,000. Iron Horse Wealth Management LLC grew its position in W.W. Grainger by 43.5% during the 4th quarter. Iron Horse Wealth Management LLC now owns 33 shares of the industrial products company's stock worth $35,000 after acquiring an additional 10 shares during the last quarter. Investment Management Corp VA ADV purchased a new position in W.W. Grainger in the 4th quarter worth approximately $35,000. AlphaMark Advisors LLC bought a new stake in W.W. Grainger in the fourth quarter valued at approximately $37,000. Finally, Larson Financial Group LLC boosted its stake in shares of W.W. Grainger by 111.1% during the third quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company's stock valued at $40,000 after purchasing an additional 20 shares during the period. 80.70% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on GWW. JPMorgan Chase & Co. lowered their price target on W.W. Grainger from $1,125.00 to $1,100.00 and set a "neutral" rating on the stock in a report on Monday, February 3rd. Royal Bank of Canada lowered their target price on shares of W.W. Grainger from $1,113.00 to $1,112.00 and set a "sector perform" rating on the stock in a research note on Monday, February 3rd. StockNews.com cut shares of W.W. Grainger from a "buy" rating to a "hold" rating in a research note on Thursday, December 19th. Finally, William Blair upgraded shares of W.W. Grainger from a "market perform" rating to an "outperform" rating in a research report on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $1,151.50.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.