W.W. Grainger, Inc. (NYSE:GWW) Shares Acquired by Savant Capital LLC

Savant Capital LLC lifted its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 6.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,638 shares of the industrial products company’s stock after purchasing an additional 163 shares during the quarter. Savant Capital LLC’s holdings in W.W. Grainger were worth $2,781,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Angeles Wealth Management LLC increased its stake in W.W. Grainger by 2.1% in the 4th quarter. Angeles Wealth Management LLC now owns 438 shares of the industrial products company’s stock worth $462,000 after purchasing an additional 9 shares in the last quarter. Newbridge Financial Services Group Inc. bought a new stake in W.W. Grainger during the fourth quarter valued at about $47,000. Kestra Private Wealth Services LLC grew its stake in shares of W.W. Grainger by 11.1% in the fourth quarter. Kestra Private Wealth Services LLC now owns 4,726 shares of the industrial products company’s stock worth $4,981,000 after acquiring an additional 473 shares during the last quarter. Entropy Technologies LP grew its holdings in shares of W.W. Grainger by 175.4% during the 4th quarter. Entropy Technologies LP now owns 1,900 shares of the industrial products company’s stock worth $2,003,000 after purchasing an additional 1,210 shares in the last quarter. Finally, Empowered Funds LLC boosted its holdings in W.W. Grainger by 8.5% during the fourth quarter. Empowered Funds LLC now owns 2,416 shares of the industrial products company’s stock valued at $2,547,000 after purchasing an additional 190 shares in the last quarter. 80.70% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Robert W. Baird raised W.W. Grainger from a “neutral” rating to an “outperform” rating and raised their price target for the company from $975.00 to $1,230.00 in a report on Wednesday, October 16th. Northcoast Research began coverage on shares of W.W. Grainger in a report on Tuesday, October 29th. They set a “neutral” rating for the company. Oppenheimer downgraded W.W. Grainger from an “outperform” rating to a “market perform” rating in a report on Thursday, October 17th. Loop Capital upped their target price on shares of W.W. Grainger from $900.00 to $1,100.00 and gave the stock a “hold” rating in a research note on Monday, October 21st. Finally, StockNews.com cut shares of W.W. Grainger from a “buy” rating to a “hold” rating in a research note on Thursday, December 19th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, W.W. Grainger presently has an average rating of “Hold” and an average price target of $1,148.56.

W.W. Grainger Trading Down 1.8 %

GWW stock opened at $1,027.47 on Thursday. The company has a fifty day moving average price of $1,092.48 and a two-hundred day moving average price of $1,070.07. 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 cap of $50.04 billion, a price-to-earnings ratio of 26.54, a price-to-earnings-growth ratio of 2.75 and a beta of 1.17. W.W. Grainger, Inc. has a one year low of $874.98 and a one year high of $1,227.66.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings data on Friday, January 31st. The industrial products company reported $9.71 EPS for the quarter, missing analysts’ consensus estimates 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 period last year, the business earned $8.33 earnings per share. Equities analysts anticipate that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Monday, February 10th will be issued a dividend of $2.05 per share. This represents a $8.20 annualized dividend and a dividend yield of 0.80%. The ex-dividend date of this dividend is Monday, February 10th. W.W. Grainger’s dividend payout ratio (DPR) is currently 21.18%.

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.