BSW Wealth Partners Sells 11 Shares of W.W. Grainger, Inc. (NYSE:GWW)

BSW Wealth Partners decreased its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 1.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 889 shares of the industrial products company’s stock after selling 11 shares during the quarter. BSW Wealth Partners’ holdings in W.W. Grainger were worth $924,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Clearbridge Investments LLC raised its holdings in shares of W.W. Grainger by 17.4% in the first quarter. Clearbridge Investments LLC now owns 1,148,051 shares of the industrial products company’s stock valued at $1,167,913,000 after buying an additional 169,897 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of W.W. Grainger by 5.2% in the second quarter. Dimensional Fund Advisors LP now owns 360,026 shares of the industrial products company’s stock worth $324,841,000 after acquiring an additional 17,699 shares during the last quarter. Massachusetts Financial Services Co. MA acquired a new position in shares of W.W. Grainger during the second quarter worth approximately $281,104,000. Hsbc Holdings PLC grew its stake in shares of W.W. Grainger by 0.8% during the second quarter. Hsbc Holdings PLC now owns 243,470 shares of the industrial products company’s stock valued at $219,386,000 after purchasing an additional 1,849 shares during the last quarter. Finally, Swedbank AB increased its holdings in shares of W.W. Grainger by 23.5% in the third quarter. Swedbank AB now owns 193,888 shares of the industrial products company’s stock valued at $201,413,000 after purchasing an additional 36,892 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

Insider Activity

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

Analyst Upgrades and Downgrades

GWW has been the topic of several research reports. Robert W. Baird raised W.W. Grainger from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $975.00 to $1,230.00 in a report on Wednesday, October 16th. Baird R W upgraded W.W. Grainger from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 16th. Morgan Stanley started coverage on W.W. Grainger in a report on Friday, September 6th. They set an “equal weight” rating and a $990.00 price objective for the company. JPMorgan Chase & Co. upped their target price on shares of W.W. Grainger from $1,000.00 to $1,015.00 and gave the company a “neutral” rating in a research report on Friday, August 2nd. Finally, Northcoast Research started coverage on shares of W.W. Grainger in a research report on Tuesday, October 29th. They set a “neutral” rating for the company. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $1,058.50.

W.W. Grainger Trading Down 0.4 %

Shares of GWW stock traded down $4.16 on Friday, hitting $1,105.07. The stock had a trading volume of 248,255 shares, compared to its average volume of 220,030. The company has a current ratio of 2.59, a quick ratio of 1.40 and a debt-to-equity ratio of 0.59. W.W. Grainger, Inc. has a twelve month low of $747.00 and a twelve month high of $1,130.01. The company has a fifty day moving average price of $1,035.68 and a two-hundred day moving average price of $971.79. The firm has a market cap of $53.96 billion, a P/E ratio of 29.96, a PEG ratio of 3.09 and a beta of 1.15.

W.W. Grainger (NYSE:GWW) last posted its earnings results on Thursday, October 31st. The industrial products company reported $9.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.98 by ($0.11). The business had revenue of $4.39 billion during the quarter, compared to analyst estimates of $4.40 billion. W.W. Grainger had a net margin of 10.80% and a return on equity of 51.78%. The firm’s revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the firm posted $9.43 earnings per share. As a group, analysts forecast that W.W. Grainger, Inc. will post 38.69 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, December 1st. Shareholders of record on Monday, November 11th will be paid a $2.05 dividend. This represents a $8.20 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend is Friday, November 8th. W.W. Grainger’s payout ratio is currently 22.23%.

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.