W.W. Grainger, Inc. (NYSE:GWW) Position Raised by Cwm LLC

Cwm LLC raised its stake in W.W. Grainger, Inc. (NYSE:GWWGet Rating) by 34.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 404 shares of the industrial products company’s stock after buying an additional 103 shares during the period. Cwm LLC’s holdings in W.W. Grainger were worth $198,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of GWW. Fairfield Bush & CO. bought a new position in shares of W.W. Grainger in the first quarter valued at $30,000. Private Advisor Group LLC grew its position in W.W. Grainger by 2.2% during the 1st quarter. Private Advisor Group LLC now owns 1,067 shares of the industrial products company’s stock worth $550,000 after purchasing an additional 23 shares in the last quarter. Cibc World Market Inc. grew its position in W.W. Grainger by 67.9% during the 1st quarter. Cibc World Market Inc. now owns 789 shares of the industrial products company’s stock worth $407,000 after purchasing an additional 319 shares in the last quarter. Sei Investments Co. grew its position in W.W. Grainger by 33.6% during the 1st quarter. Sei Investments Co. now owns 26,661 shares of the industrial products company’s stock worth $13,947,000 after purchasing an additional 6,705 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its position in W.W. Grainger by 212.9% during the 1st quarter. Allianz Asset Management GmbH now owns 25,798 shares of the industrial products company’s stock worth $13,306,000 after purchasing an additional 17,553 shares in the last quarter. Institutional investors own 71.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Robert W. Baird lifted their price objective on shares of W.W. Grainger from $590.00 to $640.00 and gave the stock an “outperform” rating in a research report on Monday, October 31st. Atlantic Securities cut shares of W.W. Grainger from an “overweight” rating to a “neutral” rating and set a $630.00 price objective on the stock. in a research report on Tuesday, November 15th. UBS Group lifted their price objective on shares of W.W. Grainger from $635.00 to $695.00 and gave the stock a “buy” rating in a research report on Tuesday, November 29th. Wolfe Research cut shares of W.W. Grainger from an “outperform” rating to a “peer perform” rating in a research report on Monday, November 14th. Finally, Oppenheimer boosted their price target on shares of W.W. Grainger to $660.00 in a report on Tuesday, November 1st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $591.00.

W.W. Grainger Trading Up 0.2 %

Shares of NYSE:GWW opened at $573.86 on Monday. The stock has a market capitalization of $29.00 billion, a PE ratio of 20.52, a P/E/G ratio of 1.44 and a beta of 1.23. W.W. Grainger, Inc. has a 1 year low of $440.48 and a 1 year high of $612.06. The firm has a fifty day moving average price of $579.62 and a 200 day moving average price of $545.64. The company has a current ratio of 2.63, a quick ratio of 1.46 and a debt-to-equity ratio of 0.90.

W.W. Grainger (NYSE:GWWGet Rating) last issued its quarterly earnings data on Friday, October 28th. The industrial products company reported $8.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.19 by $1.08. The firm had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $3.88 billion. W.W. Grainger had a net margin of 9.75% and a return on equity of 60.31%. Analysts expect that W.W. Grainger, Inc. will post 29.42 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 1st. Investors of record on Monday, November 14th were issued a $1.72 dividend. This represents a $6.88 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend was Thursday, November 10th. W.W. Grainger’s dividend payout ratio is presently 24.60%.

Insider Buying and Selling

In other W.W. Grainger news, CEO Donald G. Macpherson sold 14,380 shares of the business’s stock in a transaction on Friday, December 2nd. The shares were sold at an average price of $599.53, for a total transaction of $8,621,241.40. Following the completion of the transaction, the chief executive officer now owns 69,119 shares of the company’s stock, valued at approximately $41,438,914.07. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 10.00% of the stock is currently owned by corporate insiders.

About W.W. Grainger

(Get Rating)

W.W. Grainger, Inc distributes maintenance, repair, and operating (MRO) products and services in the United States, Japan, Canada, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. It offers safety and security supplies, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance supplies, and metalworking and hand tools.

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Institutional Ownership by Quarter for W.W. Grainger (NYSE:GWW)

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