Mn Services Vermogensbeheer B.V. Buys 400 Shares of W.W. Grainger, Inc. (NYSE:GWW)

Mn Services Vermogensbeheer B.V. raised its stake in W.W. Grainger, Inc. (NYSE:GWW) by 2.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,577 shares of the industrial products company’s stock after acquiring an additional 400 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in W.W. Grainger were worth $18,527,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of GWW. Iron Horse Wealth Management LLC raised its stake in W.W. Grainger by 43.5% in the fourth quarter. Iron Horse Wealth Management LLC now owns 33 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 10 shares in the last quarter. AlphaMark Advisors LLC bought a new position in W.W. Grainger in the 4th quarter valued at about $37,000. Larson Financial Group LLC raised its position 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 buying an additional 20 shares in the last quarter. Newbridge Financial Services Group Inc. bought a new stake in shares of W.W. Grainger during the 4th quarter worth approximately $47,000. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of W.W. Grainger during the 3rd quarter worth approximately $75,000. 80.70% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the stock. JPMorgan Chase & Co. lowered their price objective on shares of W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating for the company in a research report on Monday, February 3rd. UBS Group assumed coverage on W.W. Grainger in a research report on Wednesday, November 13th. They set a “neutral” rating and a $1,280.00 price objective for the company. StockNews.com cut W.W. Grainger from a “buy” rating to a “hold” rating in a research report on Thursday, December 19th. Morgan Stanley increased their target price on shares of W.W. Grainger from $990.00 to $1,215.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 19th. Finally, Royal Bank of Canada reduced their price target on shares of 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. One analyst has rated the stock with a sell rating, ten have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $1,148.56.

W.W. Grainger Trading Up 0.4 %

Shares of NYSE GWW opened at $1,012.26 on Friday. The firm has a 50 day moving average price of $1,064.60 and a two-hundred day moving average price of $1,073.55. The stock has a market cap of $48.81 billion, a P/E ratio of 26.15, a price-to-earnings-growth ratio of 2.70 and a beta of 1.17. W.W. Grainger, Inc. has a 52-week low of $874.98 and a 52-week high of $1,227.66. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.49 and a current ratio of 2.49.

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 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 last year, the company earned $8.33 earnings per share. As a group, equities analysts forecast that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Dividend Announcement

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

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.