W.W. Grainger stock: Royal Bank of Canada trims target to USD 1,427 for W.W. Grainger stock

Published on 10/19/2026 at 15:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Grainger reports third-quarter results November 4, 2026, before market open. W.W. Grainger stock costs EUR 1,185.00 on October 19, 2026 at 3:11 p.m. CEST.

Analyst target and earnings date

Royal Bank of Canada cut its target to USD 1,427 on October 14, 2026.
Second-quarter revenue reached USD 5.02 billion in the period ended June 30, 2026.
W.W. Grainger stock costs EUR 1,185.00 at Lang & Schwarz on October 19, 2026 at 3:11 p.m. CEST.
W.W. Grainger carries a P/E ratio of 33.96 as of October 16, 2026.

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Royal Bank of Canada cut its W.W. Grainger price target from USD 1,428 to USD 1,427 on October 14, 2026, while keeping a sector perform rating, according to MarketBeat. Against the USD 1,330.70 NYSE close of October 16, 2026, the target sits 7.24 percent above the share price. W.W. Grainger stock was trading at EUR 1,185.00 at Lang & Schwarz on October 19, 2026 at 3:11 p.m. CEST.

Quarterly growth sets the next test

Grainger generated USD 5.02 billion in revenue in the second quarter of 2026, up 10.30 percent from the same period a year earlier. Diluted earnings per share reached USD 12.01, compared with a consensus estimate of USD 11.30, while the company reported a 16.00 percent operating margin for the quarter. These figures make the November report the next test of whether the growth rate can hold.

Stock position and valuation

The NYSE close was USD 1,330.70 on October 16, 2026. The stock's 52-week range ran from USD 906.52 to USD 1,419.91, leaving the close 6.29 percent below the high. Market capitalization stood at USD 62.7 billion, the price-to-earnings ratio was 33.96 and average volume was 265,404 shares.

Valuation and November results

MarketBeat lists November 4, 2026, as the expected third-quarter reporting date before the market opens. Its consensus calls for USD 11.67 in earnings per share and USD 5.08 billion in revenue, versus USD 10.21 and USD 4.66 billion in the year-earlier quarter.

Comparison with peers

W.W. Grainger (NYSE, USD): minus 0.04 percent, P/E 33.96, market capitalization USD 62.7 billion
Fastenal Company (Nasdaq, USD): plus 1.27 percent, P/E 41.15, market capitalization USD 58.5 billion
MSC Industrial Direct (NYSE, USD): minus 0.24 percent, P/E 31.49, market capitalization USD 7.3 billion

Market levels and upcoming results

Grainger combines a double-digit second-quarter revenue increase with a valuation above both its larger industrial distribution peer and MSC Industrial Direct on the reported price-to-earnings measure. The analyst target update was modest, but its USD 1,427 level remains above the October 16 NYSE close. The next scheduled company event is the third-quarter report on November 4, 2026.

W.W. Grainger was trading at EUR 1,185.00 at Lang & Schwarz on October 19, 2026 at 3:11 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of W.W. Grainger stock.