Baird maintains USD 1,500 target for W.W. Grainger stock before results
Published on 10/23/2026 at 10:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCompany catalysts and operating metrics
- Robert W. Baird analyst David Manthey set a USD 1,500.00 target on October 20, 2026.
- Second-quarter 2026 sales rose 10.30 percent to USD 5.02 billion.
- W.W. Grainger stock trades at EUR 1,210.50 at 10:35 a.m. CEST at Lang & Schwarz on October 23, 2026.
W.W. Grainger (ISIN US3848021040) stock was trading at EUR 1,210.50 at Lang & Schwarz on October 23, 2026 at 10:35 a.m. CEST. Robert W. Baird analyst David Manthey maintained a Buy rating and set a USD 1,500.00 target on October 20, 2026, as Markets Insider reported.
Operating gains meet margin pressure
Grainger's latest reported quarter was the second quarter of 2026. Revenue reached USD 5.02 billion, up 10.30 percent from the prior-year quarter, while diluted earnings per share came to USD 12.01, up more than 20 percent year over year, according to Fortune.
Operating margin was 16.10 percent in the quarter, supported partly by tariff refunds. Management raised its full-year 2026 adjusted earnings-per-share guidance to USD 45.50-47.25 and expected third-quarter operating margin in the mid-15 percent range.
Three dated company markers
On August 4, 2026, Grainger reported second-quarter diluted earnings per share of USD 12.01, according to Fortune.
On August 25, 2026, Grainger acquired technology, intellectual property and talent assets from Adroit Worldwide Media for USD 210 million, as MarketScreener lists.
On October 20, 2026, Baird analyst David Manthey maintained a Buy rating and set a USD 1,500.00 target, according to Markets Insider.
What does the next report test?
The key test is whether sales growth can offset the fading benefit from tariff refunds. Grainger said third-quarter sales should exceed USD 5.00 billion, while the expected margin would be below the second-quarter level. Simply Wall St identified freight, fuel and private-label inventory costs as counterweights to the recent earnings performance.
November 4 brings the next report
MarketBeat lists November 4, 2026 as Grainger's next third-quarter reporting date before the US market opens. Its consensus calls for USD 5.08 billion in revenue and USD 11.68 in earnings per share.
Valuation stays elevated
Grainger's market capitalization was USD 64.1 billion as of October 23, 2026. The primary listing is on the NYSE, where the stock closed at USD 1,360.08 on October 22, 2026; its 52-week range was USD 906.52 to USD 1,419.91.
After the October 20 target update, the gap between the analyst's target and the US closing price remained material. The next earnings release will show whether the margin effect of tariff refunds is fading as quickly as management expects.
Euro quote before the next earnings date
W.W. Grainger was trading at EUR 1,210.50 at Lang & Schwarz on October 23, 2026 at 10:35 a.m. CEST. The euro quote gives German investors a live reference before the November 4 reporting date. The further course of trading is shown by the continuously updated real-time quote of W.W. Grainger stock.
W.W. Grainger stock facts
- Company: W.W. Grainger, Inc.
- ISIN: US3848021040
- Ticker: GWW
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 23, 2026, 10:35 a.m. CEST): EUR 1,210.50
- Market capitalization: USD 64.1 billion (as of October 23, 2026)
- 52-week range: USD 906.52-1,419.91 (as of October 23, 2026)
- Sector / Industry: Industrials / Industrial Machinery and Equipment
Market context: Market report S&P 500.
