W.W. Grainger, Inc. (NYSE:GWW) Shares Purchased by Twelve Points Wealth Management LLC

Twelve Points Wealth Management LLC boosted its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 4.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,050 shares of the industrial products company’s stock after purchasing an additional 48 shares during the quarter. Twelve Points Wealth Management LLC’s holdings in W.W. Grainger were worth $1,091,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. HWG Holdings LP purchased a new stake in W.W. Grainger in the 2nd quarter worth approximately $26,000. Valued Wealth Advisors LLC increased its holdings in W.W. Grainger by 170.0% in the first quarter. Valued Wealth Advisors LLC now owns 27 shares of the industrial products company’s stock valued at $27,000 after buying an additional 17 shares in the last quarter. Scarborough Advisors LLC acquired a new position in shares of W.W. Grainger in the fourth quarter worth about $28,000. Newbridge Financial Services Group Inc. boosted its stake in shares of W.W. Grainger by 275.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 45 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 33 shares in the last quarter. Finally, Washington Trust Advisors Inc. grew its position in shares of W.W. Grainger by 225.0% during the 1st quarter. Washington Trust Advisors Inc. now owns 39 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 27 shares during the period. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Insider Activity at W.W. Grainger

In other W.W. Grainger news, CEO Donald G. Macpherson sold 27,502 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $1,000.82, for a total transaction of $27,524,551.64. Following the completion of the transaction, the chief executive officer now owns 111,559 shares in the company, valued at $111,650,478.38. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, CEO Donald G. Macpherson sold 12,992 shares of the business’s stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of $1,037.68, for a total transaction of $13,481,538.56. Following the completion of the sale, the chief executive officer now owns 98,567 shares in the company, valued at $102,281,004.56. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Donald G. Macpherson sold 27,502 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $1,000.82, for a total transaction of $27,524,551.64. Following the completion of the transaction, the chief executive officer now owns 111,559 shares in the company, valued at $111,650,478.38. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 9.50% of the stock is owned by corporate insiders.

W.W. Grainger Trading Up 2.5 %

Shares of GWW stock opened at $1,112.93 on Thursday. The company has a current ratio of 2.30, a quick ratio of 1.40 and a debt-to-equity ratio of 0.50. The stock has a market cap of $54.61 billion, a price-to-earnings ratio of 30.73, a PEG ratio of 2.88 and a beta of 1.16. The company’s 50-day moving average price is $1,002.92 and its 200-day moving average price is $962.39. W.W. Grainger, Inc. has a twelve month low of $674.41 and a twelve month high of $1,115.63.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings results on Thursday, August 1st. The industrial products company reported $9.76 EPS for the quarter, topping the consensus estimate of $9.58 by $0.18. The business had revenue of $4.31 billion during the quarter, compared to the consensus estimate of $4.35 billion. W.W. Grainger had a net margin of 10.86% and a return on equity of 53.25%. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $9.28 earnings per share. As a group, equities analysts predict that W.W. Grainger, Inc. will post 38.65 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Sunday, September 1st. Stockholders of record on Monday, August 12th were given a dividend of $2.05 per share. This represents a $8.20 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend was Monday, August 12th. W.W. Grainger’s dividend payout ratio is presently 22.64%.

Wall Street Analyst Weigh In

GWW has been the subject of a number of analyst reports. Royal Bank of Canada reduced their price target on W.W. Grainger from $978.00 to $972.00 and set a “sector perform” rating for the company in a report on Friday, August 2nd. Robert W. Baird upgraded W.W. Grainger from a “neutral” rating to an “outperform” rating and increased their target price for the company from $975.00 to $1,230.00 in a research report on Wednesday. Bank of America started coverage on shares of W.W. Grainger in a research note on Monday, October 7th. They issued an “underperform” rating and a $925.00 price target on the stock. Morgan Stanley assumed coverage on shares of W.W. Grainger in a report on Friday, September 6th. They set an “equal weight” rating and a $990.00 price objective on the stock. Finally, Wolfe Research raised shares of W.W. Grainger to a “hold” rating in a research note on Sunday, September 22nd. One analyst has rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $1,030.70.

W.W. Grainger Profile

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.