Pollock Investment Advisors LLC Invests $1.10 Million in W.W. Grainger, Inc. (NYSE:GWW)

Pollock Investment Advisors LLC purchased a new position in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,040 shares of the industrial products company's stock, valued at approximately $1,096,000. W.W. Grainger makes up approximately 0.9% of Pollock Investment Advisors LLC's holdings, making the stock its 19th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Iron Horse Wealth Management LLC lifted 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 buying an additional 10 shares in the last quarter. AlphaMark Advisors LLC purchased a new stake in shares of W.W. Grainger during the fourth quarter valued at approximately $37,000. Larson Financial Group LLC lifted its holdings in W.W. Grainger by 111.1% during the third quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company's stock worth $40,000 after acquiring an additional 20 shares during the period. OFI Invest Asset Management purchased a new position in W.W. Grainger in the fourth quarter worth $42,000. Finally, Atala Financial Inc bought a new position in W.W. Grainger in the 4th quarter valued at $43,000. 80.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

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W.W. Grainger Stock Performance

GWW stock traded down $10.13 during midday trading on Thursday, reaching $973.46. 196,935 shares of the company's stock traded hands, compared to its average volume of 235,678. The firm has a market capitalization of $46.94 billion, a PE ratio of 25.15, a price-to-earnings-growth ratio of 2.70 and a beta of 1.18. The company has a 50-day moving average price of $1,041.86 and a two-hundred day moving average price of $1,076.14. 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 - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The industrial products company reported $9.71 earnings per share (EPS) 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 prior year, the business earned $8.33 EPS. As a group, equities analysts anticipate that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Dividend Announcement

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