Investment House LLC Has $13.78 Million Stock Position in W.W. Grainger, Inc. (NYSE:GWW)

Investment House LLC decreased its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW) by 0.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,074 shares of the industrial products company’s stock after selling 25 shares during the quarter. Investment House LLC’s holdings in W.W. Grainger were worth $13,781,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of GWW. Avestar Capital LLC increased its position in shares of W.W. Grainger by 2.0% during the 3rd quarter. Avestar Capital LLC now owns 467 shares of the industrial products company’s stock worth $485,000 after purchasing an additional 9 shares in the last quarter. Busey Bank increased its position in shares of W.W. Grainger by 1.5% during the 4th quarter. Busey Bank now owns 615 shares of the industrial products company’s stock worth $648,000 after purchasing an additional 9 shares in the last quarter. Angeles Wealth Management LLC increased its position in shares of W.W. Grainger by 2.1% during the 4th quarter. Angeles Wealth Management LLC now owns 438 shares of the industrial products company’s stock worth $462,000 after purchasing an additional 9 shares in the last quarter. Iron Horse Wealth Management LLC increased its position in shares of W.W. Grainger by 43.5% during the 4th quarter. Iron Horse Wealth Management LLC now owns 33 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 10 shares in the last quarter. Finally, Welch & Forbes LLC increased its position in shares of W.W. Grainger by 2.1% during the 4th quarter. Welch & Forbes LLC now owns 481 shares of the industrial products company’s stock worth $507,000 after purchasing an additional 10 shares in the last quarter. 80.70% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

GWW has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. dropped 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 research report on Monday, February 3rd. Royal Bank of Canada dropped their target price 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. Morgan Stanley raised their price objective on shares of W.W. Grainger from $990.00 to $1,215.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 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, StockNews.com cut shares of W.W. Grainger from a “buy” rating to a “hold” rating in a research report on Thursday, December 19th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $1,151.50.

W.W. Grainger Stock Down 0.3 %

Shares of NYSE GWW opened at $974.12 on Wednesday. The firm has a market capitalization of $46.97 billion, a PE ratio of 25.16, a price-to-earnings-growth ratio of 2.70 and a beta of 1.18. 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 1 year low of $874.98 and a 1 year high of $1,227.66. The firm’s 50-day moving average is $1,043.54 and its 200-day moving average is $1,076.79.

W.W. Grainger (NYSE:GWW) last issued its earnings results on Friday, January 31st. The industrial products company reported $9.71 earnings per share (EPS) for the quarter, missing the consensus estimate 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 quarter in the prior year, the business posted $8.33 earnings per share. Equities analysts expect that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Investors of record on Monday, February 10th were issued a dividend of $2.05 per share. This represents a $8.20 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date was Monday, February 10th. W.W. Grainger’s dividend payout ratio is currently 21.18%.

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.