Bryn Mawr Capital Management LLC Sells 277 Shares of W.W. Grainger, Inc. (NYSE:GWW)

Bryn Mawr Capital Management LLC trimmed its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 21.9% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 986 shares of the industrial products company’s stock after selling 277 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in W.W. Grainger were worth $1,039,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in W.W. Grainger in the 3rd quarter worth about $848,000. Trust Co. of Toledo NA OH increased its holdings in 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 worth $1,603,000 after buying an additional 1,153 shares in the last quarter. Clark & Stuart Inc bought a new stake in shares of W.W. Grainger during the 4th quarter valued at about $1,741,000. Empowered Funds LLC grew its stake in shares of W.W. Grainger by 27.0% during the 3rd quarter. Empowered Funds LLC now owns 2,226 shares of the industrial products company’s stock valued at $2,312,000 after purchasing an additional 473 shares during the period. Finally, Toronto Dominion Bank grew its stake in shares of W.W. Grainger by 72.6% during the 3rd quarter. Toronto Dominion Bank now owns 22,045 shares of the industrial products company’s stock valued at $22,901,000 after purchasing an additional 9,270 shares during the period. 80.70% of the stock is currently owned by institutional investors.

W.W. Grainger Trading Up 0.4 %

Shares of NYSE:GWW opened at $1,007.59 on Thursday. The stock has a 50 day moving average of $1,065.99 and a 200 day moving average of $1,073.98. 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, Inc. has a 12-month low of $874.98 and a 12-month high of $1,227.66. The company has a market cap of $48.58 billion, a PE ratio of 26.03, a price-to-earnings-growth ratio of 2.70 and a beta of 1.17.

W.W. Grainger (NYSE:GWW) last posted 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 return on equity of 52.43% and a net margin of 11.12%. During the same period in the previous year, the firm earned $8.33 earnings per share. As a group, equities research analysts expect that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Monday, February 10th will be issued a $2.05 dividend. The ex-dividend date of this dividend is Monday, February 10th. This represents a $8.20 dividend on an annualized basis and a yield of 0.81%. W.W. Grainger’s dividend payout ratio is presently 21.18%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Morgan Stanley boosted their price target on W.W. Grainger from $990.00 to $1,215.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. cut 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. Royal Bank of Canada cut 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. UBS Group assumed coverage on W.W. Grainger in a research note on Wednesday, November 13th. They set a “neutral” rating and a $1,280.00 price target for the company. Finally, StockNews.com downgraded W.W. Grainger from a “buy” rating to a “hold” rating in a research note on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, W.W. Grainger currently has a consensus rating of “Hold” and a consensus target price of $1,148.56.

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.