Wealth Alliance Has $843,000 Holdings in W.W. Grainger, Inc. (NYSE:GWW)

Wealth Alliance lessened its stake in W.W. Grainger, Inc. (NYSE:GWW) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 800 shares of the industrial products company’s stock after selling 28 shares during the quarter. Wealth Alliance’s holdings in W.W. Grainger were worth $843,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of W.W. Grainger in the 3rd quarter valued at approximately $848,000. Trust Co. of Toledo NA OH boosted 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 valued at $1,603,000 after buying an additional 1,153 shares during the last quarter. Clark & Stuart Inc acquired a new stake in shares of W.W. Grainger in the 4th quarter valued at approximately $1,741,000. Toronto Dominion Bank boosted its holdings in shares of W.W. Grainger by 72.6% in the 3rd 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 last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of W.W. Grainger by 27.0% in the 3rd 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 last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Stock Up 0.3 %

GWW stock opened at $1,023.99 on Friday. 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 capitalization of $49.87 billion, a price-to-earnings ratio of 26.45, a PEG ratio of 2.69 and a beta of 1.17. The business’s fifty day moving average price is $1,075.53 and its two-hundred day moving average price is $1,072.00. W.W. Grainger, Inc. has a fifty-two week low of $874.98 and a fifty-two week high of $1,227.66.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings data on Friday, January 31st. The industrial products company reported $9.71 earnings per share for the quarter, missing the consensus estimate 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 in the prior year, the firm posted $8.33 EPS. On average, equities analysts anticipate that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The company also recently disclosed 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 annualized dividend and a yield of 0.80%. The ex-dividend date of this dividend is Monday, February 10th. W.W. Grainger’s payout ratio is 21.18%.

Analyst Ratings Changes

GWW has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut their price objective on 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. 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 on the stock in a research note on Monday, February 3rd. Northcoast Research initiated coverage on W.W. Grainger in a research note on Tuesday, October 29th. They issued a “neutral” rating on the stock. StockNews.com cut W.W. Grainger from a “buy” rating to a “hold” rating in a research note on Thursday, December 19th. Finally, 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 on the stock. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $1,148.56.

About W.W. Grainger

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.