Sheaff Brock Investment Advisors LLC Has $2.54 Million Holdings in W.W. Grainger, Inc. (NYSE:GWW)

Sheaff Brock Investment Advisors LLC decreased its position in W.W. Grainger, Inc. (NYSE:GWW) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,412 shares of the industrial products company’s stock after selling 38 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in W.W. Grainger were worth $2,542,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of GWW. GHP Investment Advisors Inc. lifted its stake in W.W. Grainger by 250.0% in the 3rd quarter. GHP Investment Advisors Inc. now owns 28 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 20 shares in the last quarter. Iron Horse Wealth Management LLC lifted its position in W.W. Grainger by 43.5% during the 4th quarter. Iron Horse Wealth Management LLC now owns 33 shares of the industrial products company’s stock worth $35,000 after buying an additional 10 shares in the last quarter. AlphaMark Advisors LLC acquired a new position in shares of W.W. Grainger during the 4th quarter worth about $37,000. Larson Financial Group LLC grew its holdings in shares of W.W. Grainger by 111.1% in 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 in the last quarter. Finally, Newbridge Financial Services Group Inc. acquired a new stake in shares of W.W. Grainger in the fourth quarter valued at about $47,000. 80.70% of the stock is currently owned by institutional investors.

W.W. Grainger Stock Performance

NYSE:GWW opened at $1,027.68 on Friday. The stock has a 50 day simple moving average of $1,086.13 and a 200 day simple moving average of $1,070.93. The stock has a market cap of $50.05 billion, a P/E ratio of 26.55, a PEG ratio of 2.75 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 company has a current ratio of 2.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.62.

W.W. Grainger (NYSE:GWW) last posted its earnings results on Friday, January 31st. The industrial products company reported $9.71 earnings per share for the quarter, missing analysts’ consensus estimates 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 company posted $8.33 EPS. Research analysts anticipate 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 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. The ex-dividend date of this dividend is Monday, February 10th. This represents a $8.20 annualized dividend and a dividend yield of 0.80%. W.W. Grainger’s dividend payout ratio is presently 21.18%.

Analyst Ratings Changes

A number of research firms have weighed in on GWW. UBS Group initiated coverage on W.W. Grainger in a research note on Wednesday, November 13th. They issued a “neutral” rating and a $1,280.00 price target for the company. JPMorgan Chase & Co. lowered their target price on shares of W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating on the stock in a report on Monday, February 3rd. Loop Capital increased their price target on shares of W.W. Grainger from $900.00 to $1,100.00 and gave the company a “hold” rating in a research note on Monday, October 21st. Morgan Stanley boosted their price objective 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. Finally, Royal Bank of Canada cut their target price 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 research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, W.W. Grainger currently has an average rating of “Hold” and an average price target 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.