SOA Wealth Advisors LLC. Reduces Holdings in W.W. Grainger, Inc. (NYSE:GWW)

SOA Wealth Advisors LLC. lowered its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 1.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,354 shares of the industrial products company’s stock after selling 31 shares during the quarter. SOA Wealth Advisors LLC.’s holdings in W.W. Grainger were worth $2,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in W.W. Grainger during the third quarter worth about $848,000. Trust Co. of Toledo NA OH boosted its position in shares of W.W. Grainger by 313.3% in the 4th quarter. Trust Co. of Toledo NA OH now owns 1,521 shares of the industrial products company’s stock worth $1,603,000 after purchasing an additional 1,153 shares in the last quarter. Clark & Stuart Inc bought a new stake in shares of W.W. Grainger in the 4th quarter worth approximately $1,741,000. Toronto Dominion Bank grew its stake in shares of W.W. Grainger by 72.6% in the third quarter. Toronto Dominion Bank now owns 22,045 shares of the industrial products company’s stock worth $22,901,000 after acquiring an additional 9,270 shares during the last quarter. Finally, Empowered Funds LLC grew its position in W.W. Grainger by 27.0% during the 3rd quarter. Empowered Funds LLC now owns 2,226 shares of the industrial products company’s stock valued at $2,312,000 after purchasing an additional 473 shares during the last quarter. 80.70% of the stock is owned by institutional investors.

Insider Buying and Selling at W.W. Grainger

In other W.W. Grainger news, VP Laurie R. Thomson sold 125 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $1,206.03, for a total transaction of $150,753.75. Following the transaction, the vice president now owns 675 shares in the company, valued at $814,070.25. The trade was a 15.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 9.50% of the company’s stock.

W.W. Grainger Stock Down 0.9 %

Shares of GWW opened at $1,035.98 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.49 and a quick ratio of 1.49. The stock has a market capitalization of $50.45 billion, a price-to-earnings ratio of 26.76, a price-to-earnings-growth ratio of 2.73 and a beta of 1.17. W.W. Grainger, Inc. has a 1 year low of $874.98 and a 1 year high of $1,227.66. The business’s 50 day simple moving average is $1,101.83 and its 200-day simple moving average is $1,067.47.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings data on Friday, January 31st. The industrial products company reported $9.71 EPS for the quarter, missing the consensus estimate of $9.75 by ($0.04). W.W. Grainger had a net margin of 11.12% and a return on equity of 52.43%. During the same quarter in the prior year, the business posted $8.33 EPS. As a group, equities analysts expect that W.W. Grainger, Inc. will post 41.91 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Monday, February 10th will be given a $2.05 dividend. The ex-dividend date is Monday, February 10th. This represents a $8.20 annualized dividend and a yield of 0.79%. W.W. Grainger’s dividend payout ratio is currently 21.18%.

Analyst Ratings Changes

GWW has been the subject of a number of research analyst reports. Oppenheimer lowered W.W. Grainger from an “outperform” rating to a “market perform” rating in a report on Thursday, October 17th. StockNews.com cut shares of W.W. Grainger from a “buy” rating to a “hold” rating in a report on Thursday, December 19th. Robert W. Baird raised W.W. Grainger from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $975.00 to $1,230.00 in a report on Wednesday, October 16th. Baird R W raised W.W. Grainger from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 16th. Finally, Loop Capital upped their price target on shares of W.W. Grainger from $900.00 to $1,100.00 and gave the stock a “hold” rating in a research report on Monday, October 21st. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, W.W. Grainger has an average rating of “Hold” and a consensus price target of $1,148.56.

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.