Greykasell Wealth Strategies Inc. Acquires Shares of 203 W.W. Grainger, Inc. (NYSE:GWW)

Greykasell Wealth Strategies Inc. bought a new stake in W.W. Grainger, Inc. (NYSE:GWW) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 203 shares of the industrial products company’s stock, valued at approximately $214,000.

Several other institutional investors have also recently made changes to their positions in the company. Iron Horse Wealth Management LLC lifted its stake in W.W. Grainger by 43.5% in the fourth quarter. Iron Horse Wealth Management LLC now owns 33 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 10 shares during the last quarter. AlphaMark Advisors LLC bought a new stake in shares of W.W. Grainger during the 4th quarter worth approximately $37,000. Larson Financial Group LLC boosted its holdings in W.W. Grainger by 111.1% during the 3rd quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 20 shares during the period. OFI Invest Asset Management purchased a new stake in W.W. Grainger in the fourth quarter worth $42,000. Finally, Atala Financial Inc bought a new stake in shares of W.W. Grainger during the fourth quarter worth $43,000. Institutional investors own 80.70% of the company’s stock.

W.W. Grainger Stock Up 1.5 %

NYSE:GWW opened at $968.06 on Friday. The company’s 50-day simple moving average is $1,046.85 and its 200-day simple moving average is $1,076.04. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.49 and a current ratio of 2.49. W.W. Grainger, Inc. has a fifty-two week low of $874.98 and a fifty-two week high of $1,227.66. The stock has a market capitalization of $46.68 billion, a P/E ratio of 25.01, a P/E/G ratio of 2.70 and a beta of 1.18.

W.W. Grainger (NYSE:GWW) last announced its earnings results on Friday, January 31st. The industrial products company reported $9.71 earnings per share for the quarter, missing the consensus estimate of $9.75 by ($0.04). W.W. Grainger had a return on equity of 52.43% and a net margin of 11.12%. During the same period in the previous year, the company earned $8.33 EPS. On average, equities analysts anticipate that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Investors of record on Monday, February 10th were paid a $2.05 dividend. This represents a $8.20 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date was Monday, February 10th. W.W. Grainger’s dividend payout ratio (DPR) is presently 21.18%.

Analysts Set New Price Targets

A number of research firms have recently commented on GWW. StockNews.com cut shares of W.W. Grainger from a “buy” rating to a “hold” rating in a report on Thursday, December 19th. William Blair raised shares of W.W. Grainger from a “market perform” rating to an “outperform” rating in a research report on Monday, March 10th. Morgan Stanley increased their price objective on W.W. Grainger from $990.00 to $1,215.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. decreased their target price on W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating for the company in a research report on Monday, February 3rd. Finally, Royal Bank of Canada dropped their price target on W.W. Grainger from $1,113.00 to $1,112.00 and set a “sector perform” rating on the stock in a research report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, W.W. Grainger has an average rating of “Hold” and an average price target of $1,151.50.

W.W. Grainger Company 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.