1 week Ago By Defense World Staff
Orion Portfolio Solutions LLC trimmed its holdings in shares of W.W. Grainger, Inc.
( NYSE:GWW – Free Report ) by 5.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 742 shares of the industrial products company’s stock after selling 46 shares during the quarter.
Orion Portfolio Solutions LLC’s holdings in W.W. Grainger were worth $782,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in GWW. Wilmington Savings Fund Society FSB bought a new position in shares of W.W.
Grainger in the third quarter worth approximately $848,000. Trust Co. of Toledo NA OH increased its holdings 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 buying an additional 1,153 shares during the last quarter. Clark & Stuart Inc bought a new stake in shares of W.
W. Grainger during the 4th quarter worth $1,741,000. Toronto Dominion Bank lifted its holdings in shares of W.
W. Grainger by 72.6% during the 3rd 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, Bancreek Capital Management LP bought a new position in W.W.
Grainger in the fourth quarter valued at $3,687,000. 80.70% of the stock is currently owned by institutional investors.
Analyst Ratings Changes Several equities research analysts have issued reports on the company. 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 for the company in a research note on Monday, February 3rd.
Wolfe Research cut shares of W.W. Grainger from a “peer perform” rating to an “underperform” rating and set a $966.
00 price target on the stock. in a research report on Thursday. JPMorgan Chase & Co.
lowered their price objective on shares of W.W. Grainger from $1,125.
00 to $1,100.00 and set a “neutral” rating for the company in a report on Monday, February 3rd. StockNews.
com lowered shares of W.W. Grainger from a “buy” rating to a “hold” rating in a report on Thursday, December 19th.
Finally, William Blair raised shares of W.W. Grainger from a “market perform” rating to an “outperform” rating in a research note on Monday, March 10th.
Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, W.W.
Grainger presently has an average rating of “Hold” and an average target price of $1,130.89. W.
W. Grainger Stock Performance Shares of GWW stock opened at $942.43 on Monday.
The firm has a market capitalization of $45.44 billion, a price-to-earnings ratio of 24.35, a PEG ratio of 2.
70 and a beta of 1.20. The stock has a fifty day moving average of $1,013.
43 and a 200 day moving average of $1,076.89. W.
W. Grainger, Inc. has a 52 week low of $874.
98 and a 52 week high of $1,227.66. The company has a quick ratio of 1.
49, a current ratio of 2.49 and a debt-to-equity ratio of 0.62.
W.W. Grainger ( NYSE:GWW – Get Free Report ) last announced its quarterly earnings results on Friday, January 31st.
The industrial products company reported $9.71 earnings per share (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 previous year, the firm posted $8.33 EPS. As a group, research analysts expect that W.
W. Grainger, Inc. will post 40.
3 earnings per share for the current year. W.W.
Grainger Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Stockholders of record on Monday, February 10th were issued a dividend of $2.05 per share.
This represents a $8.20 dividend on an annualized basis and a dividend yield of 0.87%.
The ex-dividend date was Monday, February 10th. W.W.
Grainger’s dividend payout ratio (DPR) is presently 21.18%. Insider Buying and Selling In other W.
W. Grainger news, CFO Deidra C. Merriwether sold 1,164 shares of the firm’s stock in a transaction dated Wednesday, April 2nd.
The shares were sold at an average price of $997.12, for a total transaction of $1,160,647.68.
Following the completion of the sale, the chief financial officer now directly owns 10,235 shares in the company, valued at approximately $10,205,523.20. This trade represents a 10.
21 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink . 6.
10% of the stock is currently owned by insiders. W.W.
Grainger Company Profile ( Free Report ) 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. Further Reading Five stocks we like better than W.W.
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