L'intérêt à découvert pour W.W. Grainger donne aux investisseurs une idée du degré auquel les investisseurs parient sur la baisse de l'action de W.W. Grainger. Les données sur l'intérêt à découvert sont mises à jour toutes les deux semaines.

W.W. Grainger (NYSE:GWW) Stock, Rapport sur les intérêts à découvert

W.W. Grainger

W.W. Grainger distributes maintenance, repair, and operating products that are sourced from over 5,000 suppliers. The company serves more than 4.5 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution, and network of over 300 global branches.

W.W. Grainger Inc

GROWTHPOINT PPTYS LTD ORD by Growthpoint Properties Ltd

Growthpoint Properties Ltd

Whales with a lot of money to spend have taken a noticeably bearish stance on W.W. Grainger.
Looking at options history for W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) we detected 11 trades.
If we consider the specifics of each trade, it is accurate to state that 27% of the investors opened trades with bullish expectations and 63% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $250,903 and 6, calls, for a total amount of $330,308.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $960.0 to $1100.0 for W.W. Grainger over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for W.W. Grainger's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of W.W. Grainger's whale trades within a strike price range from $960.0 to $1100.0 in the last 30 days. 
<h3>W.W. Grainger Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728666228_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$83.7</td>
<td>$76.9</td>
<td>$80.97</td>
<td>$1000.00</td>
<td>$89.0K</td>
<td style="text-align: right;">103</td>
<td style="text-align: right;">63</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$64.9</td>
<td>$60.7</td>
<td>$62.29</td>
<td>$1060.00</td>
<td>$68.5K</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">21</td>
</tr>
<tr>
<td>GWW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$13.2</td>
<td>$10.7</td>
<td>$12.7</td>
<td>$980.00</td>
<td>$63.5K</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">222</td>
</tr>
<tr>
<td>GWW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$13.4</td>
<td>$9.9</td>
<td>$12.0</td>
<td>$980.00</td>
<td>$57.6K</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">48</td>
</tr>
<tr>
<td>GWW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$12.5</td>
<td>$10.1</td>
<td>$12.2</td>
<td>$980.00</td>
<td>$56.1K</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">268</td>
</tr>
</tbody>
</table>

<h3>About W.W. Grainger</h3>
W.W. Grainger distributes maintenance, repair, and operating products that are sourced from over 5,000 suppliers. The company serves more than 4.5 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution, and network of over 300 global branches.
In light of the recent options history for W.W. Grainger, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of W.W. Grainger</h3>
<ul>
<li>With a trading volume of 207,505, the price of GWW is up by 5.62%, reaching $1082.78.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 20 days from now.</li>
</ul>
<h3>What The Experts Say On W.W. Grainger</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $925.0.
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&#x2A; An analyst from B of A Securities downgraded its action to Underperform with a price target of $925. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest W.W. Grainger options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Markets

Decoding W.W. Grainger's Options Activity: What's the Big Picture?

A remarkable rally in financial stocks boosted bullish sentiment across Wall Street on Friday, propelling both the S&amp;P 500 and Dow Jones Industrial Average<a href="https://www.benzinga.com/news/earnings/24/10/41293190/us-banks-top-q3-earnings-estimates-jpmorgan-delivers-robust-beat-financial-sector-stocks-hit-record"> to new record levels.</a>
Strong earnings from major U.S. banks helped fuel the broader market, with investors brushing aside mixed economic data released <a href="https://www.benzinga.com/economics/macro-economic-events/24/10/41290382/producer-inflation-rises-more-than-expected-in-september-as-food-transportation-c">earlier in the day.</a>
The S&amp;P 500, as tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), surged past the 5,800-point mark, gaining 0.7% on the day and pushing year-to-date returns to nearly 23%. 
Simultaneously, the Dow Jones Industrial Average, tracked by the SPDR Dow Jones Industrial ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>), rose 0.8%, hitting 42,780 points and smashing previous records set in late September.
<h3 class="wp-block-heading">Chart: S&amp;P 500, Dow Jointly Mark All-Time Highs As US Banks Top Q3 Earnings Forecasts</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="443" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11105849/image-91-1024x443.png" alt="" class="wp-image-591486" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11105849/image-91-1024x443.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11105849/image-91-300x130.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11105849/image-91-768x332.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11105849/image-91-1536x665.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11105849/image-91.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Image: <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1">Benzinga Pro</a> </figcaption></figure>
<h3 class="wp-block-heading">Financial Stocks Drive Wall Street Rally</h3>
The financial sector was the primary driver of Friday's market gains. 
The Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) rallied 1.9%, marking its strongest session since November 2023 and hitting a fresh record high. 
The rally came as a wave of U.S. banks reported better-than-expected third-quarter earnings, reinforcing confidence in the sector&#8217;s resilience.
JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) delivered a robust performance, with Q3 earnings per share (EPS) of $4.37, exceeding the $4.00 consensus. 
Shares surged over 4% by mid-morning trading in New York. Goldman Sachs analyst Richard Ramsden highlighted a &#8220;robust beat across every line,&#8221; for the largest U.S. bank.
Wells Fargo &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) saw its shares soar 6.2% after posting an EPS of $1.42, beating expectations despite cautious guidance on net interest income for the year.
Bank of New York Mellon Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BK#NYSE">BK</a>) also delivered stronger-than-expected results, with BK shares rising 1.8%. 
BlackRock Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) gained 3.4% after upbeat earnings and revenue, as performance fees sharply surprised estimates. BlackRock shares hit a new record high. 
Other major banks participated in the rally, with Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), Goldman Sachs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), and Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) climbing between 2% and 4.8%. Morgan Stanley also set new all-time highs. 
The strength in large-cap banks spilled over to regional players, with the SPDR S&amp;P Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>) rallying 3.5%. This helped lift the Russell 2000 index, which gained 1.3% and outperformed large-cap counterparts. 
<h3 class="wp-block-heading">Mixed Economic Data Overshadowed by Strong Earnings</h3>
Friday's economic data included a higher-than-expected Producer Price Index (PPI) and a weaker-than-expected Michigan Consumer Sentiment report for October. 
The headline PPI came in at 1.8% year-over-year in September, down from an upwardly revised 1.9% in August, but above expectations of 1.6%. Core producer prices – which exclude energy and food – sharply increased from 2.6% to 2.8% year-on-year, surpassing expectations of 2.7%. 
According to preliminary estimates, the University of Michigan&#8217;s U.S. consumer sentiment index fell to 68.9 in October 2024, down from a five-month high of 70.1 in September and missing forecasts of 70.8.
Year-ahead inflation expectations rose slightly from 2.7% to 2.9%, while the five-year outlook dipped from 3.1% to 3%.
&#8220;Consumers continue to express frustration over high prices. Still, long run business conditions lifted to its highest reading in six months, while current and expected personal finances both softened slightly&#8221;, Surveys of Consumers Director Joanne Hsu said. 
Despite the mixed economic signals, investors focused on the strong bank earnings and remained optimistic about the upcoming corporate earnings season.
<h3 class="wp-block-heading">S&amp;P 500&#8217;s Top 5 Performers On Friday</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Stock</td>
<td>Sector</td>
<td>Price</td>
<td>1-day Return (%)</td>
</tr>
<tr>
<td>Uber Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NASDAQ">UBER</a>)</td>
<td>Industrials</td>
<td>84.21</td>
<td>8.07%</td>
</tr>
<tr>
<td>Fastenal Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NYSE">FAST</a>)</td>
<td>Industrials</td>
<td>75.13</td>
<td>7.34</td>
</tr>
<tr>
<td>Wells Fargo &amp; Company</td>
<td>Financials</td>
<td>60.99</td>
<td>5.61</td>
</tr>
<tr>
<td>WW. Grainger, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>)</td>
<td>Industrials</td>
<td>1,079.38</td>
<td>5.29</td>
</tr>
<tr>
<td>Bank of America Corporation</td>
<td>Financials</td>
<td>41.97</td>
<td>4.99</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 10:50 a.m. ET</figcaption></figure>
<h3 class="wp-block-heading">Dow&#8217;s Top 5 Performers On Friday </h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Stock</td>
<td>Sector</td>
<td>Price</td>
<td>1-day Return (%)</td>
</tr>
<tr>
<td>JPMorgan Chase &amp; Co. </td>
<td>Financials</td>
<td>221.99</td>
<td>4.30</td>
</tr>
<tr>
<td>The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)</td>
<td>Industrials</td>
<td>150.55</td>
<td>2.68</td>
</tr>
<tr>
<td>The Goldman Sachs Group, Inc.</td>
<td>Financials</td>
<td>513.51</td>
<td>1.94</td>
</tr>
<tr>
<td>Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)</td>
<td>Information Technology</td>
<td>23.63</td>
<td>1.78</td>
</tr>
<tr>
<td>American Express Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>)</td>
<td>Financials</td>
<td>274.73</td>
<td>1.58</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 10:50 a.m. ET</figcaption></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41289783/jpmorgan-chase-q3-earnings-investment-banking-revenue-soars-29-raises-fy24-net-interest-income-outl">JPMorgan Chase Q3 Earnings: Investment Banking Revenue Soars 29%, Largest Bank Raises Net Interest Income Outlook</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Earnings

Equities

Large Cap

Macro Economic Events

Mid Cap

Sector ETFs

Broad U.S. Equity ETFs

Small Cap

Econ #s

Economics

ETFs

SPDR Dow Jones Industrial Average ETF Trust

FAST

INTC

UBER

S&P 500, Dow Jones Hit New Record Highs As Financial Stocks Soar On Upbeat Earnings

In the last three months, 4 analysts have published ratings on W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>), offering a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $975.5, with a high estimate of $1015.00 and a low estimate of $925.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 1.37%. 
<img src="https://www.benzinga.com/files/images/story/2024/1728306035_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive W.W. Grainger. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Sabrina Abrams</td>
<td>B of A Securities</td>
<td>Announces</td>
<td>Underperform</td>
<td>$925.00</td>
<td>-</td>
</tr>
<tr>
<td>Chris Snyder</td>
<td>Morgan Stanley</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$990.00</td>
<td>-</td>
</tr>
<tr>
<td>Patrick Baumann</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$1015.00</td>
<td>$1000.00</td>
</tr>
<tr>
<td>Deane Dray</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$972.00</td>
<td>$978.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to W.W. Grainger. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of W.W. Grainger compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of W.W. Grainger's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of W.W. Grainger's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/GWW/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on W.W. Grainger analyst ratings.</a>
<h2>Unveiling the Story Behind W.W. Grainger</h2>
W.W. Grainger distributes maintenance, repair, and operating products that are sourced from over 5,000 suppliers. The company serves more than 4.5 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution, and network of over 300 global branches.
<h3>Unraveling the Financial Story of W.W. Grainger</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Positive Revenue Trend: Examining W.W. Grainger's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.11% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: W.W. Grainger's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 10.9% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): W.W. Grainger's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 14.52%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 5.61%, the company showcases effective utilization of assets.
Debt Management: W.W. Grainger's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.83.
<h2>Analyst Ratings: Simplified</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Demystifying W.W. Grainger: Insights From 4 Analyst Reviews

B of A Securities analyst Sabrina Abrams initiates coverage on W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) with a Underperform rating and announces Price Target of $925.

News

Price Target

Initiation

B of A Securities Initiates Coverage On W.W. Grainger with Underperform Rating, Announces Price Target of $925

Deep-pocketed investors have adopted a bullish approach towards W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in GWW usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for W.W. Grainger. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 62% leaning bullish and 25% bearish. Among these notable options, 5 are puts, totaling $259,160, and 3 are calls, amounting to $88,680.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $720.0 and $1000.0 for W.W. Grainger, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for W.W. Grainger's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of W.W. Grainger's whale activity within a strike price range from $720.0 to $1000.0 in the last 30 days. 
<h3>W.W. Grainger Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727209856_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GWW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$21.6</td>
<td>$18.9</td>
<td>$21.6</td>
<td>$920.00</td>
<td>$82.0K</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">70</td>
</tr>
<tr>
<td>GWW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$21.7</td>
<td>$18.9</td>
<td>$21.7</td>
<td>$920.00</td>
<td>$69.4K</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">32</td>
</tr>
<tr>
<td>GWW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$5.6</td>
<td>$5.3</td>
<td>$5.3</td>
<td>$920.00</td>
<td>$40.2K</td>
<td style="text-align: right;">90</td>
<td style="text-align: right;">192</td>
</tr>
<tr>
<td>GWW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$5.6</td>
<td>$5.2</td>
<td>$5.3</td>
<td>$920.00</td>
<td>$36.0K</td>
<td style="text-align: right;">90</td>
<td style="text-align: right;">260</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$333.6</td>
<td>$328.0</td>
<td>$333.6</td>
<td>$720.00</td>
<td>$33.3K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>

<h3>About W.W. Grainger</h3>
W.W. Grainger distributes maintenance, repair, and operating products that are sourced from over 5,000 suppliers. The company serves more than 4.5 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution, and network of over 300 global branches.
<h3>Present Market Standing of W.W. Grainger</h3>
<ul>
<li>With a volume of 216,003, the price of GWW is down -0.13% at $1040.71. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 37 days.</li>
</ul>
<h3>What The Experts Say On W.W. Grainger</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $990.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Morgan Stanley downgraded its action to Equal-Weight with a price target of $990. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest W.W. Grainger options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Spotlight on W.W. Grainger: Analyzing the Surge in Options Activity

W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) has outperformed the market over the past 5 years by 15.22% on an annualized basis producing an average annual return of 29.13%. Currently, W.W. Grainger has a market capitalization of $50.23 billion. 
Buying $1000 In GWW: If an investor had bought $1000 of GWW stock 5 years ago, it would be worth $3,534.58 today based on a price of $1028.81 for GWW at the time of writing.
<h3>W.W. Grainger's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726860639_0.png" alt="comp_fig" />
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 engine and reviewed by an editor.

Trading Ideas

Here's How Much $1000 Invested In W.W. Grainger 5 Years Ago Would Be Worth Today

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. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>JCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$80.00</td>
<td>$89.8K</td>
<td>642</td>
<td>5.7K</td>
</tr>
<tr>
<td>CHPT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$1.50</td>
<td>$31.5K</td>
<td>15.1K</td>
<td>1.0K</td>
</tr>
<tr>
<td>RKLB</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/18/26</td>
<td>$12.00</td>
<td>$46.7K</td>
<td>3.7K</td>
<td>340</td>
</tr>
<tr>
<td>SYM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$15.00</td>
<td>$114.0K</td>
<td>106</td>
<td>300</td>
</tr>
<tr>
<td>GEV</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$250.00</td>
<td>$110.2K</td>
<td>219</td>
<td>108</td>
</tr>
<tr>
<td>LYFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$5.00</td>
<td>$37.6K</td>
<td>330</td>
<td>89</td>
</tr>
<tr>
<td>LMT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$565.00</td>
<td>$102.0K</td>
<td>180</td>
<td>78</td>
</tr>
<tr>
<td>GE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$195.00</td>
<td>$50.1K</td>
<td>6</td>
<td>46</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$1060.00</td>
<td>$32.4K</td>
<td>0</td>
<td>41</td>
</tr>
<tr>
<td>FERG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$180.00</td>
<td>$53.7K</td>
<td>3</td>
<td>20</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For JCI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JCI#NYSE">JCI</a>), we notice a call option trade that happens to be neutral, expiring in 122 day(s) on January 17, 2025. This event was a transfer of 418 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $89.8K, with a price of $215.0 per contract. There were 642 open contracts at this strike prior to today, and today 5757 contract(s) were bought and sold. 
• Regarding CHPT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHPT#NYSE">CHPT</a>), we observe a call option trade with bullish sentiment. It expires in 157 day(s) on February 21, 2025. Parties traded 987 contract(s) at a $1.50 strike. The total cost received by the writing party (or parties) was $31.5K, with a price of $32.0 per contract. There were 15123 open contracts at this strike prior to today, and today 1010 contract(s) were bought and sold. 
• Regarding RKLB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>), we observe a call option trade with neutral sentiment. It expires in 822 day(s) on December 18, 2026. Parties traded 199 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $46.7K, with a price of $235.0 per contract. There were 3726 open contracts at this strike prior to today, and today 340 contract(s) were bought and sold. 
• For SYM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>), we notice a call option sweep that happens to be bearish, expiring in 157 day(s) on February 21, 2025. This event was a transfer of 100 contract(s) at a $15.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $114.0K, with a price of $1140.0 per contract. There were 106 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold. 
• For GEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), we notice a call option trade that happens to be bullish, expiring in 122 day(s) on January 17, 2025. This event was a transfer of 49 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $110.2K, with a price of $2250.0 per contract. There were 219 open contracts at this strike prior to today, and today 108 contract(s) were bought and sold. 
• Regarding LYFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>), we observe a call option sweep with bullish sentiment. It expires in 486 day(s) on January 16, 2026. Parties traded 48 contract(s) at a $5.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $37.6K, with a price of $785.0 per contract. There were 330 open contracts at this strike prior to today, and today 89 contract(s) were bought and sold. 
• For LMT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), we notice a put option sweep that happens to be bearish, expiring in 59 day(s) on November 15, 2024. This event was a transfer of 63 contract(s) at a $565.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $102.0K, with a price of $1620.0 per contract. There were 180 open contracts at this strike prior to today, and today 78 contract(s) were bought and sold. 
• For GE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), we notice a put option sweep that happens to be bearish, expiring in 122 day(s) on January 17, 2025. This event was a transfer of 25 contract(s) at a $195.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $50.1K, with a price of $2005.0 per contract. There were 6 open contracts at this strike prior to today, and today 46 contract(s) were bought and sold. 
• For GWW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>), we notice a call option trade that happens to be bearish, expiring in 31 day(s) on October 18, 2024. This event was a transfer of 40 contract(s) at a $1060.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $810.0 per contract. There were 0 open contracts at this strike prior to today, and today 41 contract(s) were bought and sold. 
• Regarding FERG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FERG#NYSE">FERG</a>), we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on September 20, 2024. Parties traded 20 contract(s) at a $180.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $53.7K, with a price of $2663.0 per contract. There were 3 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CHPT

FERG

LYFT

RKLB

10 Industrials Stocks With Whale Alerts In Today's Session

Morgan Stanley analyst Chris Snyder initiates coverage on W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) with a Equal-Weight rating and announces Price Target of $990.

Morgan Stanley Initiates Coverage On W.W. Grainger with Equal-Weight Rating, Announces Price Target of $990

W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) has outperformed the market over the past 5 years by 13.21% on an annualized basis producing an average annual return of 26.19%. Currently, W.W. Grainger has a market capitalization of $45.41 billion. 
Buying $1000 In GWW: If an investor had bought $1000 of GWW stock 5 years ago, it would be worth $3,253.31 today based on a price of $930.12 for GWW at the time of writing.
<h3>W.W. Grainger's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725555616_0.png" alt="comp_fig" />
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 engine and reviewed by an editor.

$1000 Invested In W.W. Grainger 5 Years Ago Would Be Worth This Much Today

Whales with a lot of money to spend have taken a noticeably bullish stance on W.W. Grainger.
Looking at options history for W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) we detected 19 trades.
If we consider the specifics of each trade, it is accurate to state that 57% of the investors opened trades with bullish expectations and 31% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $129,860 and 16, calls, for a total amount of $872,035.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $860.0 to $1000.0 for W.W. Grainger during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for W.W. Grainger's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of W.W. Grainger's whale trades within a strike price range from $860.0 to $1000.0 in the last 30 days. 
<h3>W.W. Grainger Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724269569_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$133.9</td>
<td>$125.4</td>
<td>$130.86</td>
<td>$860.00</td>
<td>$130.8K</td>
<td style="text-align: right;">472</td>
<td style="text-align: right;">12</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$129.0</td>
<td>$122.4</td>
<td>$124.51</td>
<td>$880.00</td>
<td>$124.5K</td>
<td style="text-align: right;">62</td>
<td style="text-align: right;">12</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$34.1</td>
<td>$33.7</td>
<td>$33.7</td>
<td>$1000.00</td>
<td>$64.9K</td>
<td style="text-align: right;">79</td>
<td style="text-align: right;">136</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$36.0</td>
<td>$32.0</td>
<td>$33.9</td>
<td>$970.00</td>
<td>$64.4K</td>
<td style="text-align: right;">134</td>
<td style="text-align: right;">73</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$34.1</td>
<td>$31.3</td>
<td>$33.7</td>
<td>$1000.00</td>
<td>$60.6K</td>
<td style="text-align: right;">79</td>
<td style="text-align: right;">195</td>
</tr>
</tbody>
</table>

<h3>About W.W. Grainger</h3>
W.W. Grainger distributes maintenance, repair, and operating products that are sourced from over 5,000 suppliers. The company serves more than 4.5 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution, and network of over 300 global branches.
In light of the recent options history for W.W. Grainger, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of W.W. Grainger</h3>
<ul>
<li>Currently trading with a volume of 126,215, the GWW's price is up by 1.76%, now at $979.29. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 64 days.</li>
</ul>
<h3>What Analysts Are Saying About W.W. Grainger</h3>
In the last month, 2 experts released ratings on this stock with an average target price of $993.5.
<ul>
<li>An analyst from JP Morgan persists with their Neutral rating on W.W. Grainger, maintaining a target price of $1015. </li>
<li>Consistent in their evaluation, an analyst from RBC Capital keeps a Sector Perform rating on W.W. Grainger with a target price of $972. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for W.W. Grainger with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

This Is What Whales Are Betting On W.W. Grainger

Investors with a lot of money to spend have taken a bullish stance on W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with GWW, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 9 options trades for W.W. Grainger.
This isn't normal.
The overall sentiment of these big-money traders is split between 22% bullish and 22%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $38,720, and 8, calls, for a total amount of $831,865.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $850.0 to $950.0 for W.W. Grainger over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for W.W. Grainger's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across W.W. Grainger's significant trades, within a strike price range of $850.0 to $950.0, over the past month.
<h3>W.W. Grainger 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1723654845_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$118.0</td>
<td>$108.4</td>
<td>$112.42</td>
<td>$860.00</td>
<td>$134.9K</td>
<td style="text-align: right;">267</td>
<td style="text-align: right;">42</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$115.5</td>
<td>$107.0</td>
<td>$112.01</td>
<td>$850.00</td>
<td>$134.4K</td>
<td style="text-align: right;">87</td>
<td style="text-align: right;">42</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$118.0</td>
<td>$108.4</td>
<td>$112.43</td>
<td>$860.00</td>
<td>$123.6K</td>
<td style="text-align: right;">267</td>
<td style="text-align: right;">11</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$115.5</td>
<td>$107.0</td>
<td>$112.0</td>
<td>$850.00</td>
<td>$123.2K</td>
<td style="text-align: right;">87</td>
<td style="text-align: right;">11</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$115.5</td>
<td>$108.0</td>
<td>$112.73</td>
<td>$850.00</td>
<td>$101.4K</td>
<td style="text-align: right;">87</td>
<td style="text-align: right;">77</td>
</tr>
</tbody>
</table>

<h3>About W.W. Grainger</h3>
W.W. Grainger distributes maintenance, repair, and operating products that are sourced from over 5,000 suppliers. The company serves more than 4.5 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution, and network of over 300 global branches.
Having examined the options trading patterns of W.W. Grainger, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of W.W. Grainger</h3>
<ul>
<li>Currently trading with a volume of 87,580, the GWW's price is down by -1.29%, now at $948.76. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 71 days.</li>
</ul>
<h3>Expert Opinions on W.W. Grainger</h3>
2 market experts have recently issued ratings for this stock, with a consensus target price of $993.5.
<ul>
<li>An analyst from JP Morgan persists with their Neutral rating on W.W. Grainger, maintaining a target price of $1015. </li>
<li>Maintaining their stance, an analyst from RBC Capital continues to hold a Sector Perform rating for W.W. Grainger, targeting a price of $972. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest W.W. Grainger options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Looking At W.W. Grainger's Recent Unusual Options Activity

W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) has outperformed the market over the past 15 years by 5.67% on an annualized basis producing an average annual return of 17.31%. Currently, W.W. Grainger has a market capitalization of $46.38 billion. 
Buying $1000 In GWW: If an investor had bought $1000 of GWW stock 15 years ago, it would be worth $10,825.86 today based on a price of $949.99 for GWW at the time of writing.
<h3>W.W. Grainger's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722974425_0.png" alt="comp_fig" />
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 engine and reviewed by an editor.

If You Invested $1000 In This Stock 15 Years Ago, You Would Have $11,000 Today

Whales with a lot of money to spend have taken a noticeably bearish stance on W.W. Grainger.
Looking at options history for W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) we detected 12 trades.
If we consider the specifics of each trade, it is accurate to state that 8% of the investors opened trades with bullish expectations and 33% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $171,680 and 8, calls, for a total amount of $487,834.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $420.0 and $990.0 for W.W. Grainger, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of W.W. Grainger stands at 169.0, with a total volume reaching 739.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in W.W. Grainger, situated within the strike price corridor from $420.0 to $990.0, throughout the last 30 days.
<h3>W.W. Grainger Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722971762_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$53.8</td>
<td>$48.3</td>
<td>$50.61</td>
<td>$950.00</td>
<td>$101.2K</td>
<td style="text-align: right;">114</td>
<td style="text-align: right;">16</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$44.8</td>
<td>$38.9</td>
<td>$42.2</td>
<td>$930.00</td>
<td>$84.4K</td>
<td style="text-align: right;">530</td>
<td style="text-align: right;">136</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$57.9</td>
<td>$51.3</td>
<td>$53.87</td>
<td>$930.00</td>
<td>$64.6K</td>
<td style="text-align: right;">315</td>
<td style="text-align: right;">95</td>
</tr>
<tr>
<td>GWW</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$14.1</td>
<td>$9.9</td>
<td>$12.3</td>
<td>$840.00</td>
<td>$56.5K</td>
<td style="text-align: right;">14</td>
<td style="text-align: right;">48</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$538.0</td>
<td>$528.7</td>
<td>$528.7</td>
<td>$420.00</td>
<td>$52.8K</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>

<h3>About W.W. Grainger</h3>
W.W. Grainger distributes approximately 1.5 million maintenance, repair, and operating products that are sourced from over 4,500 suppliers. The company serves roughly 5 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution, and network of over 300 global branches. In recent years, Grainger has invested in its e-commerce capabilities and is the 11th-largest e-retailer in North America.
After a thorough review of the options trading surrounding W.W. Grainger, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of W.W. Grainger</h3>
<ul>
<li>Trading volume stands at 137,158, with GWW's price up by 1.49%, positioned at $964.13.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 79 days.</li>
</ul>
<h3>What The Experts Say On W.W. Grainger</h3>
In the last month, 2 experts released ratings on this stock with an average target price of $993.5.
<ul>
<li>Maintaining their stance, an analyst from RBC Capital continues to hold a Sector Perform rating for W.W. Grainger, targeting a price of $972. </li>
<li>Consistent in their evaluation, an analyst from JP Morgan keeps a Neutral rating on W.W. Grainger with a target price of $1015. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest W.W. Grainger options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

What the Options Market Tells Us About W.W. Grainger

JP Morgan analyst Patrick Baumann maintains W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) with a Neutral and raises the price target from $1000 to $1015.

JP Morgan Maintains Neutral on W.W. Grainger, Raises Price Target to $1015

RBC Capital analyst Deane Dray maintains W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) with a Sector Perform and lowers the price target from $978 to $972.

RBC Capital Maintains Sector Perform on W.W. Grainger, Lowers Price Target to $972

W.W. Grainger Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) shares are trading lower after it reported <a href="https://www.benzinga.com/pressreleases/24/08/n40097410/grainger-reports-results-for-the-second-quarter-2024" target="_blank" rel="noreferrer noopener">second-quarter 2024 results</a>.
Sales of&nbsp;$4.312 billion, up&nbsp;3.1%&nbsp;Y/Y, missed the consensus of&nbsp;$4.348 billion.
In Q2 2024, High-Touch Solutions &#8211; N.A. saw a 3.1% Y/Y increase in sales, or 3.7% in constant currency, driven by higher volumes and gains across most markets.
Endless Assortment segment sales rose 3.3%, or 11.7% in constant currency, thanks to strong core B2B growth at Zoro and MonotaRO.
Adjusted gross profit increased&nbsp;3.0%&nbsp;Y/Y to&nbsp;$1.694 billion, with a margin remained flat Y/Y at&nbsp;39.3%. Adjusted operating profit increased&nbsp;0.6%&nbsp;Y/Y to&nbsp;$665 million, with the margin at&nbsp;15.4%, down 40 basis points Y/Y.
Adjusted EPS rose&nbsp;5.2%&nbsp;Y/Y to&nbsp;$9.76, beating&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">the consensus of&nbsp;$9.58</a>.
In Q2 2024, the company generated $411 million in operating cash flow, with strong net earnings tempered by unfavorable working capital.
During the quarter, the company returned $345 million to shareholders via dividends and share repurchases.
Outlook: Grainger narrows FY24 net sales outlook to $17 billion-$17.3 billion (from &nbsp;$17.2 billion-$17.7 billion)&nbsp;vs.&nbsp;$17.37 billion&nbsp;estimate and EPS of&nbsp;$38.00-$39.50 (from $38.00-$40.50)&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">vs. street view of&nbsp;$39.15</a>.
The company now projects buyback of $1 billion &#8211; $1.2 billion in FY24 (vs. $900 million &#8211; $1.1 billion earlier).
Investors can gain exposure to the stock via&nbsp;Franklin Disruptive Commerce ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/BUYZ#BATS">BUYZ</a>) and SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCTE#NASDAQ">FCTE</a>).
Price Action: GWW shares are down 5.30% at $925.00 premarket at the last check Thursday.
Now Read: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/08/40101240/meta-platforms-stock-is-rallying-thursday-whats-going-on">Meta Platforms Stock Is Rallying Thursday &#8211; What&#8217;s Going On?</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Guidance

Buybacks

Movers

BUYZ

FCTE

Economic Headwinds Impact Grainger's Top Line: Q2 Results Mixed

W.W. Grainger's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) short percent of float has risen 5.59% since its last report. The company recently reported that it has 1.44 million shares sold short, which is 3.78% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.67 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>W.W. Grainger Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722519918_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for W.W. Grainger has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing W.W. Grainger's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, W.W. Grainger's peer group average for short interest as a percentage of float is 4.42%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into W.W. Grainger's Recent Short Interest

WIIM

W.W. Grainger shares are trading lower after the company reported worse-than-expected Q2 revenue results and cut its FY24 guidance below estimates.

Guidance
The Company is providing the following updated total company 2024&nbsp;guidance, including a narrowed earnings&nbsp;outlook.&nbsp;&nbsp;
<table border="0" cellpadding="1" cellspacing="0">
<tbody>
<tr>
<td colspan="1" rowspan="1">
Total Company(1)
</td>
<td colspan="1" rowspan="1">
Previous 2024&nbsp;Guidance&nbsp;Range
(as of April 25, 2024)
</td>
<td colspan="1" rowspan="1">
Updated 2024&nbsp;Guidance&nbsp;Range
(as of August 1, 2024)
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Net Sales
</td>
<td colspan="1" rowspan="1">
$17.2&nbsp;-&nbsp;$17.7 billion
</td>
<td colspan="1" rowspan="1">
$17.0&nbsp;-&nbsp;$17.3 billion
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
&nbsp;&nbsp; Sales Growth
</td>
<td colspan="1" rowspan="1">
4.3%&nbsp;-&nbsp;7.3%
</td>
<td colspan="1" rowspan="1">
3.2%&nbsp;-&nbsp;5.2%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
&nbsp;&nbsp; Daily, organic constant currency sales growth
</td>
<td colspan="1" rowspan="1">
4.0%&nbsp;-&nbsp;7.0%
</td>
<td colspan="1" rowspan="1">
4.0%&nbsp;-&nbsp;6.0%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Gross Profit Margin
</td>
<td colspan="1" rowspan="1">
39.1%&nbsp;-&nbsp;39.4%
</td>
<td colspan="1" rowspan="1">
39.2%&nbsp;-&nbsp;39.4%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Operating Margin
</td>
<td colspan="1" rowspan="1">
15.3%&nbsp;-&nbsp;15.8%
</td>
<td colspan="1" rowspan="1">
15.3%&nbsp;-&nbsp;15.7%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Diluted Earnings per Share
</td>
<td colspan="1" rowspan="1">
$38.00&nbsp;-&nbsp;$40.50
</td>
<td colspan="1" rowspan="1">
$38.00&nbsp;-&nbsp;$39.50
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Operating Cash Flow
</td>
<td colspan="1" rowspan="1">
$1.9&nbsp;-&nbsp;$2.1 billion
</td>
<td colspan="1" rowspan="1">
$1.95&nbsp;-&nbsp;$2.15 billion
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
CapEx (cash basis)
</td>
<td colspan="1" rowspan="1">
$0.4&nbsp;-&nbsp;$0.5 billion
</td>
<td colspan="1" rowspan="1">
$0.4&nbsp;-&nbsp;$0.475 billion
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Share Buyback
</td>
<td colspan="1" rowspan="1">
$0.9&nbsp;-&nbsp;$1.1 billion
</td>
<td colspan="1" rowspan="1">
$1.0&nbsp;-&nbsp;$1.2 billion
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Effective Tax Rate
</td>
<td colspan="1" rowspan="1">
~24.0%
</td>
<td colspan="1" rowspan="1">
~24.0%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
			&nbsp;</td>
<td colspan="1" rowspan="1">
			&nbsp;</td>
<td colspan="1" rowspan="1">
			&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Segment Operating Margin
</td>
<td colspan="1" rowspan="1">
			&nbsp;</td>
<td colspan="1" rowspan="1">
			&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
High-Touch Solutions - N.A.
</td>
<td colspan="1" rowspan="1">
17.4%&nbsp;-&nbsp;17.9%
</td>
<td colspan="1" rowspan="1">
17.4%&nbsp;-&nbsp;17.8%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Endless Assortment
</td>
<td colspan="1" rowspan="1">
7.3%&nbsp;-&nbsp;7.8%
</td>
<td colspan="1" rowspan="1">
7.6%&nbsp;-&nbsp;8.0%
</td>
</tr>
</tbody>
</table>

W.W. Grainger Narrows Its 2024 Outlook: Now Sees EPS Of $38.00-$39.50 (Prior $38.00-$40.50) Vs $39.15 Est., And Revenue Of $17B $17.3B (Prior $17.2B-$17.7B) Vs $17.373B Est.

W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) reported quarterly earnings of $9.76 per share which beat the analyst consensus estimate of $9.58 by 1.88 percent. This is a 5.17 percent increase over earnings of $9.28 per share from the same period last year. The company reported quarterly sales of $4.312 billion which missed the analyst consensus estimate of $4.348 billion by 0.82 percent. This is a 3.11 percent increase over sales of $4.182 billion the same period last year.

Earnings Beats

Earnings Misses

W.W. Grainger Q2 2024 Adj. EPS $9.76 Beats $9.58 Estimate, Sales $4.312B Miss $4.348B Estimate

Dividend Champion, Contender, And Challenger Highlights: Week Of August 25

An announcement from WW Grainger (GWW) is now available. W.W. Grainger, Inc. recently announced a significant change in their executive team, as Ma...

WW Grainger Announces Major Executive Team Reshuffle

50 High Quality Dividend Stocks To Own For The Long Term

Like A Certain Battery-Powered Bunny, W.W. Grainger Keeps Going... And Going

WW Grainger (GWW – Research Report), the Industrials sector company, was revisited by a Wall Street analyst on September 10. Analyst David Manthey ...

Neutral Rating Maintained for WW Grainger Amidst Modest Financial Adjustments and Mixed Sales Performance

Top 50 High Quality Dividend Stocks - September 2024 Results

W.W. Grainger rated Underperform in new coverage at Bank of America

Undervalued Dividend Kings: October 2024

Wells Fargo's preferred Industrial stocks: ADP, CAT, DE, etc.

In a report released today, Christopher Snyder from Morgan Stanley maintained a Hold rating on WW Grainger (GWW – Research Report), with a price ta...

Morgan Stanley Reaffirms Their Hold Rating on WW Grainger (GWW)

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Emerging Markets

Movers & Shakers

VenHub Offers Fully Autonomous AI-Driven Smart Stores, With Plans To Revolutionize Retail – Investors Can Get Early Access To This Future-Focused Company Until August 21st

Press Releases

W.W. Grainger, Inc. Adds Cindy J. Miller as a Nominee to its Board of Directors to be Voted on at the Company's Annual Meeting on April 24, 2024

Dividends

GRAINGER INCREASES QUARTERLY DIVIDEND BY 10%; REFRESHES SHARE REPURCHASE AUTHORIZATION

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