W.W. Grainger, Inc. (NYSE:GWW) Stock Position Increased by Crestwood Advisors Group LLC

Crestwood Advisors Group LLC lifted its position in W.W. Grainger, Inc. (NYSE:GWW) by 45.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 470 shares of the industrial products company’s stock after buying an additional 147 shares during the period. Crestwood Advisors Group LLC’s holdings in W.W. Grainger were worth $496,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. GHP Investment Advisors Inc. raised its stake in shares of 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 worth $29,000 after buying an additional 20 shares in the last quarter. Iron Horse Wealth Management LLC raised its stake in shares of W.W. Grainger by 43.5% in 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 bought a new stake in shares of W.W. Grainger in the 4th quarter worth $37,000. Larson Financial Group LLC raised its stake 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 worth $40,000 after buying an additional 20 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. acquired a new stake in shares of W.W. Grainger during the fourth quarter worth $47,000. Institutional investors own 80.70% of the company’s stock.

Analysts Set New Price Targets

GWW has been the topic of a number of recent analyst reports. Northcoast Research initiated coverage on W.W. Grainger in a research report on Tuesday, October 29th. They set a “neutral” rating on the stock. Royal Bank of Canada cut their target price 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. StockNews.com lowered W.W. Grainger from a “buy” rating to a “hold” rating in a research report on Thursday, December 19th. UBS Group began coverage on W.W. Grainger in a research report on Wednesday, November 13th. They set a “neutral” rating and a $1,280.00 price target on the stock. Finally, JPMorgan Chase & Co. dropped their price target on W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” 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, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $1,148.56.

W.W. Grainger Stock Performance

Shares of NYSE GWW opened at $1,003.71 on Wednesday. The business’s 50-day moving average price is $1,067.66 and its two-hundred day moving average price is $1,074.45. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.49 and a quick ratio of 1.49. W.W. Grainger, Inc. has a one year low of $874.98 and a one year high of $1,227.66. The company has a market capitalization of $48.40 billion, a P/E ratio of 25.93, a price-to-earnings-growth ratio of 2.70 and a beta of 1.17.

W.W. Grainger (NYSE:GWW) last issued its earnings results 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 in the previous year, the company posted $8.33 earnings per share. Analysts anticipate that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Monday, February 10th will be paid 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 0.82%. W.W. Grainger’s dividend payout ratio (DPR) is presently 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.