Czech National Bank Has $10.13 Million Stock Position in W.W. Grainger, Inc. (NYSE:GWW)

Czech National Bank grew its holdings in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 6.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,609 shares of the industrial products company's stock after purchasing an additional 558 shares during the quarter. Czech National Bank's holdings in W.W. Grainger were worth $10,128,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GWW. State Street Corp grew its holdings in W.W. Grainger by 2.3% during the 3rd quarter. State Street Corp now owns 1,997,191 shares of the industrial products company's stock worth $2,074,702,000 after acquiring an additional 45,369 shares during the last quarter. FMR LLC grew its stake in shares of W.W. Grainger by 2.6% during the third quarter. FMR LLC now owns 1,617,149 shares of the industrial products company's stock valued at $1,679,911,000 after purchasing an additional 40,992 shares during the last quarter. Geode Capital Management LLC raised its position in W.W. Grainger by 2.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,167,031 shares of the industrial products company's stock worth $1,208,610,000 after purchasing an additional 28,626 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in W.W. Grainger by 8.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 546,960 shares of the industrial products company's stock worth $568,188,000 after buying an additional 42,866 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in W.W. Grainger by 5.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 360,026 shares of the industrial products company's stock valued at $324,841,000 after buying an additional 17,699 shares during the last quarter. 80.70% of the stock is currently owned by institutional investors and hedge funds.

W.W. Grainger Stock Up 1.0 %

Shares of NYSE GWW traded up $10.71 during mid-day trading on Tuesday, reaching $1,086.69. 273,585 shares of the company's stock were exchanged, compared to its average volume of 238,774. W.W. Grainger, Inc. has a twelve month low of $833.50 and a twelve month high of $1,227.66. The company has a current ratio of 2.59, a quick ratio of 1.68 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $52.92 billion, a price-to-earnings ratio of 29.46, a PEG ratio of 3.15 and a beta of 1.18. The business has a fifty day simple moving average of $1,139.49 and a 200 day simple moving average of $1,047.21.

W.W. Grainger (NYSE:GWW - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The industrial products company reported $9.87 earnings per share for the quarter, missing analysts' consensus estimates of $9.98 by ($0.11). W.W. Grainger had a net margin of 10.80% and a return on equity of 51.78%. The company had revenue of $4.39 billion during the quarter, compared to the consensus estimate of $4.40 billion. During the same period in the previous year, the firm posted $9.43 EPS. The business's quarterly revenue was up 4.3% compared to the same quarter last year. As a group, equities analysts expect that W.W. Grainger, Inc. will post 38.94 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Sunday, December 1st. Shareholders of record on Monday, November 11th were issued a dividend of $2.05 per share. This represents a $8.20 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date was Friday, November 8th. W.W. Grainger's dividend payout ratio (DPR) is presently 22.23%.

Insider Buying and Selling at W.W. Grainger

In other W.W. Grainger news, CFO Deidra C. Merriwether sold 704 shares of the business's stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $1,105.59, for a total transaction of $778,335.36. Following the transaction, the chief financial officer now owns 9,509 shares of the company's stock, valued at $10,513,055.31. The trade was a 6.89 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Paige K. Robbins sold 9,577 shares of the company's stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $1,117.84, for a total value of $10,705,553.68. Following the sale, the vice president now owns 4,379 shares in the company, valued at approximately $4,895,021.36. This represents a 68.62 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,406 shares of company stock valued at $11,634,643 in the last 90 days. 9.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

GWW has been the topic of several research reports. Morgan Stanley upped their price target on W.W. Grainger from $990.00 to $1,215.00 and gave the company an "equal weight" rating in a research note on Tuesday, November 19th. Royal Bank of Canada raised their target price on shares of W.W. Grainger from $1,018.00 to $1,125.00 and gave the company a "sector perform" rating in a research note on Friday, November 1st. Bank of America began coverage on shares of W.W. Grainger in a research note on Monday, October 7th. They set an "underperform" rating and a $925.00 price target for the company. Wolfe Research raised shares of W.W. Grainger to a "hold" rating in a report on Sunday, September 22nd. Finally, UBS Group assumed coverage on W.W. Grainger in a research note on Wednesday, November 13th. They issued a "neutral" rating and a $1,280.00 price target on the stock. One 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 assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $1,140.56.

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.