ICW Investment Advisors LLC Sells 58 Shares of W.W. Grainger, Inc. (NYSE:GWW)

ICW Investment Advisors LLC lessened its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW) by 3.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,584 shares of the industrial products company’s stock after selling 58 shares during the quarter. ICW Investment Advisors LLC’s holdings in W.W. Grainger were worth $1,670,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Cyrus J. Lawrence LLC bought a new position in shares of W.W. Grainger in the fourth quarter valued at approximately $31,000. Iron Horse Wealth Management LLC boosted its position in shares of 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 acquiring an additional 10 shares during the period. AlphaMark Advisors LLC bought a new position in shares of W.W. Grainger in the fourth quarter valued at approximately $37,000. Larson Financial Group LLC boosted its position in shares of W.W. Grainger by 111.1% in the third quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 20 shares during the period. Finally, OFI Invest Asset Management bought a new position in shares of W.W. Grainger in the fourth quarter valued at approximately $42,000. Institutional investors own 80.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on GWW. Royal Bank of Canada cut their price objective on shares of W.W. Grainger from $1,113.00 to $1,112.00 and set a “sector perform” rating for the company in a research report on Monday, February 3rd. StockNews.com lowered shares of W.W. Grainger from a “buy” rating to a “hold” rating in a research report on Thursday, December 19th. William Blair upgraded shares of W.W. Grainger from a “market perform” rating to an “outperform” rating in a research report on Monday, March 10th. Finally, JPMorgan Chase & Co. lowered their target price on shares of W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating on the stock in a research note on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $1,151.50.

W.W. Grainger Trading Down 0.2 %

GWW stock opened at $971.57 on Monday. The company has a market capitalization of $46.85 billion, a PE ratio of 25.10, a price-to-earnings-growth ratio of 2.70 and a beta of 1.18. W.W. Grainger, Inc. has a one year low of $874.98 and a one year high of $1,227.66. The company’s 50 day moving average price is $1,038.34 and its two-hundred day moving average price is $1,077.01. 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 results on Friday, January 31st. The industrial products company reported $9.71 EPS 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 quarter in the previous year, the company earned $8.33 EPS. As a group, analysts predict that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Monday, February 10th were paid a dividend of $2.05 per share. This represents a $8.20 annualized dividend and a dividend yield of 0.84%. The ex-dividend date was Monday, February 10th. 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.