W.W. Grainger, Inc. (NYSE:GWW) Shares Bought by Advisor OS LLC

Advisor OS LLC boosted its stake in W.W. Grainger, Inc. (NYSE:GWW) by 32.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 287 shares of the industrial products company’s stock after buying an additional 70 shares during the period. Advisor OS LLC’s holdings in W.W. Grainger were worth $303,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in GWW. Cavalier Investments LLC lifted its stake in W.W. Grainger by 3.6% during the 4th quarter. Cavalier Investments LLC now owns 2,753 shares of the industrial products company’s stock worth $2,902,000 after acquiring an additional 96 shares in the last quarter. Illinois Municipal Retirement Fund boosted its stake in shares of W.W. Grainger by 5.5% in the fourth quarter. Illinois Municipal Retirement Fund now owns 21,026 shares of the industrial products company’s stock valued at $22,162,000 after purchasing an additional 1,100 shares during the period. Amalgamated Bank grew its holdings in shares of W.W. Grainger by 1.1% in the fourth quarter. Amalgamated Bank now owns 10,415 shares of the industrial products company’s stock valued at $10,978,000 after purchasing an additional 111 shares in the last quarter. FourThought Financial Partners LLC acquired a new stake in W.W. Grainger during the 4th quarter worth approximately $522,000. Finally, BankPlus Trust Department purchased a new position in W.W. Grainger in the 4th quarter valued at approximately $4,377,000. 80.70% of the stock is currently owned by institutional investors and hedge funds.

W.W. Grainger Stock Performance

Shares of GWW stock opened at $1,012.26 on Friday. W.W. Grainger, Inc. has a 1 year low of $874.98 and a 1 year high of $1,227.66. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.49 and a current ratio of 2.49. The firm has a market cap of $48.81 billion, a price-to-earnings ratio of 26.15, a PEG ratio of 2.70 and a beta of 1.17. The stock’s 50-day moving average is $1,064.60 and its two-hundred day moving average is $1,073.55.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings results 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 return on equity of 52.43% and a net margin of 11.12%. During the same period last year, the business posted $8.33 EPS. Analysts predict that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Monday, February 10th will be paid a dividend of $2.05 per share. This represents a $8.20 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend is Monday, February 10th. W.W. Grainger’s dividend payout ratio is currently 21.18%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on GWW shares. UBS Group assumed coverage on W.W. Grainger in a research report on Wednesday, November 13th. They issued a “neutral” rating and a $1,280.00 price target on the stock. JPMorgan Chase & Co. decreased their price target on shares of W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating for the company in a research note on Monday, February 3rd. Royal Bank of Canada lowered their price target on shares of W.W. Grainger from $1,113.00 to $1,112.00 and set a “sector perform” rating for the company in a report on Monday, February 3rd. StockNews.com cut shares of W.W. Grainger from a “buy” rating to a “hold” rating in a research report on Thursday, December 19th. Finally, Morgan Stanley boosted their target price on shares of 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. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $1,148.56.

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.