W.W. Grainger Inc. (GWW) is experiencing fluctuating performances in its stock value. At US$1,102, investors are wondering whether it is the right time for investment. Despite facing a significant drop of US$1.6b, the company made a strong comeback with a revenue report of $17.2B in their annual meeting. They also elected 12 directors and approved three important proposals. The Q1 earnings report of Grainger also surpassed market expectations. However, Wolfe Research has cut GWW stock rating to Underperform, predicting a target of $966. Regardless of the situation, Grainger continues its 54-year dividend streak and has approved a 10% raise, indicating financial stability. Amidst rumors of the company splitting in future, there are predictions for a decline in Q1 earnings and potential bearish signals. Tech veteran Melanie Tinto is the new HR Transformation lead. The company has strong institutional backing with 74% ownership, which hints at its sound financial condition. Despite weak Q4 earnings, the CEO sold over $27 million in company stock, ushering in a cautious approach for investors.
Grainger Stocks GWW News Analytics from Wed, 18 Jul 2018 07:00:00 GMT to Sun, 18 May 2025 13:01:57 GMT -
Rating -1
- Innovation 2
- Information 6
- Rumor 1
