KeyBanc analyst Kenneth Newman maintained a Hold rating on WW Grainger (GWW – Research Report) today. The company’s shares closed yesterday at $947.84.
According to TipRanks, Newman is a 4-star analyst with an average return of 15.2% and a 74.14% success rate. Newman covers the Industrials sector, focusing on stocks such as Applied Industrial Technologies, Herc Holdings, and United Rentals.
In addition to KeyBanc, WW Grainger also received a Hold from RBC Capital’s Deane Dray in a report issued on April 21. However, on April 19, Robert W. Baird maintained a Buy rating on WW Grainger (NYSE: GWW).
GWW market cap is currently $47B and has a P/E ratio of 26.18.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GWW in relation to earlier this year. Most recently, in February 2024, Paige K Robbins, the SVP of GWW sold 3,813.00 shares for a total of $3,694,315.18.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
WW Grainger (GWW) Company Description:
W.W. Grainger, Inc. operates as a supplier of maintenance, repair and operating products (MRO), with operations also in Europe, Asia and Latin America. It operates through two segments: United States and Canada. The United States segment offers a selection of MRO products and services through its eCommerce platforms, catalogs, branches and sales and service representatives. The Canada segment provides a combination of product breadth, local availability, speed of delivery, detailed product information and competitively priced products and services. The company was founded by William Wallace Grainger in 1927 and is headquartered in Lake Forest, IL.
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