200 Shares in W.W. Grainger, Inc. (NYSE:GWW) Bought by Wealth Management Nebraska

Wealth Management Nebraska bought a new stake in W.W. Grainger, Inc. (NYSE:GWW) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 200 shares of the industrial products company’s stock, valued at approximately $211,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GWW. Swedbank AB increased its position in shares of W.W. Grainger by 23.5% during the third quarter. Swedbank AB now owns 193,888 shares of the industrial products company’s stock worth $201,413,000 after purchasing an additional 36,892 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in W.W. Grainger by 7.0% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,167 shares of the industrial products company’s stock worth $1,212,000 after buying an additional 76 shares during the last quarter. Private Advisor Group LLC increased its position in W.W. Grainger by 10.1% during the third quarter. Private Advisor Group LLC now owns 1,491 shares of the industrial products company’s stock worth $1,549,000 after buying an additional 137 shares during the period. IFM Investors Pty Ltd lifted its stake in W.W. Grainger by 0.3% in the third quarter. IFM Investors Pty Ltd now owns 9,152 shares of the industrial products company’s stock valued at $9,507,000 after buying an additional 28 shares during the last quarter. Finally, Dakota Wealth Management boosted its holdings in shares of W.W. Grainger by 12.2% in the third quarter. Dakota Wealth Management now owns 3,235 shares of the industrial products company’s stock valued at $3,360,000 after acquiring an additional 351 shares during the period. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently commented on GWW. Royal Bank of Canada cut their target price 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 report on Monday, February 3rd. JPMorgan Chase & Co. reduced their target price on shares of 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. 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 research note on Tuesday, November 19th. UBS Group started coverage on W.W. Grainger in a research report on Wednesday, November 13th. They issued a “neutral” rating and a $1,280.00 price target on the stock. Finally, Northcoast Research began coverage on W.W. Grainger in a research report on Tuesday, October 29th. They set a “neutral” rating for the company. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $1,148.56.

W.W. Grainger Price Performance

Shares of GWW opened at $1,008.08 on Friday. The firm has a market capitalization of $49.09 billion, a PE ratio of 26.04, a P/E/G ratio of 2.69 and a beta of 1.17. The stock’s 50 day moving average is $1,072.84 and its two-hundred day moving average is $1,072.39. W.W. Grainger, Inc. has a twelve month low of $874.98 and a twelve month high of $1,227.66. 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 (NYSE:GWW) last posted its quarterly earnings results 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 in the previous year, the company earned $8.33 earnings per share. Research analysts anticipate that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Announces Dividend

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