IFP Advisors Inc Increases Stake in W.W. Grainger,
May 20, 2023
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IFP Advisors Inc has recently increased its ownership of W.W. ($NYSE:GWW) Grainger, Inc’s stock, signaling a strong endorsement of the company’s stock. W.W. Grainger, Inc is a major industrial supply company based in Lake Forest, Illinois, with a global presence. These products range from safety and security equipment to fasteners and HVAC equipment. Grainger also offers its customers access to an online marketplace, making it easier for them to find what they need quickly and efficiently. Grainger’s products are used in a wide range of industries, such as education, health care, manufacturing, and government.
The company’s commitment to customer service has earned it a reputation for providing top-notch service and products. With IFP Advisors Inc’s increased ownership of Grainger’s stock, investors can be confident that the company is a sound and reliable investment.
Stock Price
On Monday, shares of W.W. Grainger, Inc. (GWW) opened at $682.1 and ended the day at $670.4, representing a decrease of 2.1% from the prior closing price of $684.6. This decrease coincided with news that IFP Advisors Inc had increased its stake in the company. This increase in ownership is likely to have contributed to the stock’s decrease in price as it indicates increased competition in the market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for W.w. Grainger. More…
| Total Revenues | Net Income | Net Margin |
| 15.67k | 1.67k | 10.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for W.w. Grainger. More…
| Operations | Investing | Financing |
| 1.44k | -302 | -1.04k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for W.w. Grainger. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.83k | 4.78k | 48.54 |
Key Ratios Snapshot
Some of the financial key ratios for W.w. Grainger are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.3% | 30.7% | 15.2% |
| FCF Margin | ROE | ROA |
| 7.3% | 61.1% | 19.0% |
Analysis
At GoodWhale, we conducted an analysis of W.W. GRAINGER‘s wellbeing and found that the company falls into the ‘gorilla’ category, meaning that it has a strong competitive advantage that has enabled it to achieve stable and high revenue or earnings growth. This is the type of company that may be attractive to investors who are looking for a reliable and long-term return on their investment. Our star chart also showed that W.W. GRAINGER has a high health score of 9/10, indicating that the company is in a healthy financial position and is capable of paying off debt and funding future operations. W.W. GRAINGER’s strong performance can also be seen across key metrics such as asset, dividend, growth and profitability, making it an appealing choice for investors who value stability. More…
Peers
The company operates in North America and Asia. Grainger’s competitors include Ferguson PLC, RS Group PLC, and Fastenal Co.
– Ferguson PLC ($NYSE:FERG)
Ferguson PLC is a publicly traded company with a market capitalization of 23.43 billion as of 2022. The company has a return on equity of 36.36%. Ferguson PLC is a provider of plumbing and heating products and services. The company operates in two segments: wholesale and retail. The wholesale segment comprises of distribution centers that sell plumbing, heating, and industrial supplies to professional contractors, industrial customers, and retailers. The retail segment operates stores that sell plumbing, heating, and industrial supplies to consumers.
– RS Group PLC ($NASDAQ:FAST)
The company’s market cap is 26.73B as of 2022 and its ROE is 28.04%. The company is a leading provider of industrial and construction supplies and services. It has over 2,200 locations in the United States, Canada, Mexico, Europe, and Asia. The company offers a wide range of products and services, including fasteners, tools, and other industrial and construction supplies.
Summary
Investing in W.W. Grainger, Inc. has been a lucrative endeavor for IFP Advisors Inc, as they have recently increased their holdings in the company. Analysts have noted that due to the company’s solid balance sheet, strong cash flow, and track record of consistent earnings, it is viewed as a reliable and attractive stock. Furthermore, Grainger’s large and diversified customer base, along with its success in adapting to changing market conditions, has provided continued revenue growth and a steady dividend payout. Although the stock is trading at a premium, the potential for growth and return on investment makes it an attractive long-term option for investors.
