Royal Bank of Canada cuts target for W.W. Grainger stock to USD 1,427.00

Published on 10/16/2026 at 16:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 5.02 billion on June 30, 2026. W.W. Grainger stock costs EUR 1,190.00 on October 16, 2026 at Lang & Schwarz.

Analyst target and operating scale

RBC's October 14 note lowered the target to USD 1,427.00 while retaining a sector perform rating.
Second-quarter revenue reached USD 5.02 billion on June 30, 2026.
W.W. Grainger stock costs EUR 1,190.00 at Lang & Schwarz on October 16, 2026 at 3:41 p.m. CEST.
The company is valued at USD 63.1 billion with a P/E ratio of 34.33.

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W.W. Grainger stock is priced at EUR 1,190.00 at Lang & Schwarz on October 16, 2026 at 3:41 p.m. CEST. The latest analyst change came from Royal Bank of Canada, which lowered its target from USD 1,428.00 to USD 1,427.00 in a note issued on October 14, 2026, while keeping a sector perform rating, according to MarketBeat. At the NYSE price of USD 1,340.66 at 9:59 a.m. ET on October 16, 2026, the USD 1,427.00 target stood 6.44 percent above the stock.

Revenue sets the operating scale

Grainger generated USD 5.02 billion in revenue in the second quarter ended June 30, 2026, up 10.30 percent from the year-earlier quarter. Operating profit reached USD 807.00 million and net income attributable to common shareholders was USD 548.00 million in the same period. Diluted earnings per share came to USD 12.01, compared with USD 9.97 a year earlier, according to MarketBeat. The operating margin was 16.08 percent for the quarter.

How far is the stock from its high?

The current USD 1,340.66 price sits below the 52-week high of USD 1,419.91 and above the 52-week low of USD 906.52. The latest trading volume was 27,756 shares against an average of 266,821 shares. Grainger's market value was USD 63.1 billion, and its P/E ratio was 34.33 on October 16, 2026.

Comparison with peers

W.W. Grainger (NYSE, USD): P/E 34.33, market capitalization USD 63.1 billion
Home Depot (NYSE, USD): P/E 21.96, market capitalization USD 313.6 billion
Fastenal (Nasdaq, USD): P/E 41.17, market capitalization USD 58.1 billion

November reporting date

W.W. Grainger is scheduled to report third-quarter 2026 results on November 4, 2026, before the US market opens, with a conference call at 11:00 a.m. ET, according to MarketBeat. The same page lists consensus expectations of USD 11.67 in earnings per share and USD 5.08 billion in revenue for that quarter.

Price and valuation

The analyst target, recent revenue growth and November reporting date give investors three distinct reference points for the stock. The valuation comparison is mixed: Grainger's P/E of 34.33 is above Home Depot's 21.96 but below Fastenal's 41.17.

W.W. Grainger was trading at EUR 1,190.00 at Lang & Schwarz on October 16, 2026 at 3:41 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of W.W. Grainger stock.