W.W. Grainger, Inc. (NYSE:GWW) Stock Holdings Reduced by BSW Wealth Partners

BSW Wealth Partners cut its position in shares of W.W. Grainger, Inc. (NYSE:GWW) by 6.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 832 shares of the industrial products company’s stock after selling 57 shares during the period. BSW Wealth Partners’ holdings in W.W. Grainger were worth $877,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. GHP Investment Advisors Inc. raised its position in W.W. Grainger by 250.0% during the third quarter. GHP Investment Advisors Inc. now owns 28 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 20 shares in the last quarter. AlphaMark Advisors LLC bought a new position in shares of W.W. Grainger during the 4th quarter valued at $37,000. Larson Financial Group LLC lifted its stake in shares of W.W. Grainger by 111.1% in the 3rd quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 20 shares during the last quarter. Fortitude Family Office LLC boosted its holdings in W.W. Grainger by 38.9% in the third quarter. Fortitude Family Office LLC now owns 50 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 14 shares in the last quarter. Finally, Ashton Thomas Securities LLC acquired a new position in W.W. Grainger during the third quarter worth $75,000. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at W.W. Grainger

In other news, CFO Deidra C. Merriwether sold 704 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $1,105.59, for a total value of $778,335.36. Following the transaction, the chief financial officer now directly owns 9,509 shares of the company’s stock, valued at $10,513,055.31. The trade was a 6.89 % 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, VP Laurie R. Thomson sold 125 shares of the firm’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $1,206.03, for a total value of $150,753.75. Following the sale, the vice president now directly owns 675 shares of the company’s stock, valued at $814,070.25. This represents a 15.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,406 shares of company stock worth $11,634,643 over the last three months. Company insiders own 9.50% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on GWW shares. Oppenheimer downgraded W.W. Grainger from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 17th. StockNews.com downgraded W.W. Grainger from a “buy” rating to a “hold” rating in a report on Thursday, December 19th. UBS Group assumed coverage on shares of W.W. Grainger in a report on Wednesday, November 13th. They set a “neutral” rating and a $1,280.00 price objective for the company. Baird R W upgraded shares of W.W. Grainger from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 16th. Finally, Morgan Stanley upped their price target on shares of W.W. Grainger from $990.00 to $1,215.00 and gave the company an “equal weight” rating in a report on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $1,140.56.

W.W. Grainger Stock Performance

Shares of NYSE GWW opened at $1,131.17 on Wednesday. W.W. Grainger, Inc. has a one year low of $874.98 and a one year high of $1,227.66. The company has a current ratio of 2.59, a quick ratio of 1.68 and a debt-to-equity ratio of 0.59. The business has a fifty day simple moving average of $1,124.04 and a 200 day simple moving average of $1,063.09. The firm has a market capitalization of $55.09 billion, a price-to-earnings ratio of 30.66, a PEG ratio of 2.88 and a beta of 1.18.

W.W. Grainger (NYSE:GWW) last posted its earnings results on Thursday, October 31st. The industrial products company reported $9.87 earnings per share 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 the consensus estimate of $4.40 billion. W.W. Grainger had a net margin of 10.80% and a return on equity of 51.78%. The business’s revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $9.43 EPS. Sell-side analysts expect that W.W. Grainger, Inc. will post 38.95 EPS for the current year.

About W.W. Grainger

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.