Nations Financial Group Inc. IA ADV Acquires 126 Shares of W.W. Grainger, Inc. (NYSE:GWW)

Nations Financial Group Inc. IA ADV boosted its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW) by 7.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,836 shares of the industrial products company’s stock after buying an additional 126 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in W.W. Grainger were worth $1,935,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new stake in W.W. Grainger during the third quarter valued at $848,000. Trust Co. of Toledo NA OH boosted its stake in W.W. Grainger by 313.3% during the fourth quarter. Trust Co. of Toledo NA OH now owns 1,521 shares of the industrial products company’s stock valued at $1,603,000 after buying an additional 1,153 shares during the period. Clark & Stuart Inc bought a new stake in W.W. Grainger during the fourth quarter valued at $1,741,000. Toronto Dominion Bank boosted its stake in W.W. Grainger by 72.6% during the third quarter. Toronto Dominion Bank now owns 22,045 shares of the industrial products company’s stock valued at $22,901,000 after buying an additional 9,270 shares during the period. Finally, Empowered Funds LLC boosted its stake in W.W. Grainger by 27.0% during the third quarter. Empowered Funds LLC now owns 2,226 shares of the industrial products company’s stock valued at $2,312,000 after buying an additional 473 shares during the period. Institutional investors own 80.70% of the company’s stock.

Wall Street Analyst Weigh In

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. Loop Capital lifted their price target on 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. Northcoast Research assumed coverage on W.W. Grainger in a research note on Tuesday, October 29th. They set a “neutral” rating for the company. StockNews.com lowered W.W. Grainger from a “buy” rating to a “hold” rating in a research note on Thursday, December 19th. 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 for the company in a research note on Monday, February 3rd. One analyst has rated the stock with a sell rating, ten have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, W.W. Grainger currently has an average rating of “Hold” and a consensus price target of $1,148.56.

W.W. Grainger Trading Down 0.0 %

GWW opened at $1,027.68 on Friday. The business has a 50 day simple moving average of $1,086.13 and a two-hundred day simple moving average of $1,070.93. The firm has a market capitalization of $50.05 billion, a price-to-earnings ratio of 26.55, a PEG ratio of 2.75 and a beta of 1.17. 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.

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 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 prior year, the business posted $8.33 EPS. Analysts predict that W.W. Grainger, Inc. will post 40.3 EPS 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. Shareholders of record on Monday, February 10th will be given a dividend of $2.05 per share. This represents a $8.20 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date is Monday, February 10th. W.W. Grainger’s payout ratio is 21.18%.

W.W. Grainger Company 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.