Lbp Am Sa Increases Stock Position in W.W. Grainger, Inc. (NYSE:GWW)

LBP AM SA raised its stake in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 127.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,954 shares of the industrial products company's stock after acquiring an additional 1,656 shares during the period. LBP AM SA's holdings in W.W. Grainger were worth $3,114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB purchased a new stake in shares of W.W. Grainger in the third quarter valued at about $848,000. Trust Co. of Toledo NA OH raised its holdings in shares of W.W. Grainger by 313.3% in the fourth quarter. Trust Co. of Toledo NA OH now owns 1,521 shares of the industrial products company's stock valued at $1,603,000 after buying an additional 1,153 shares during the last quarter. Clark & Stuart Inc purchased a new stake in shares of W.W. Grainger in the fourth quarter valued at about $1,741,000. Empowered Funds LLC raised its holdings in W.W. Grainger by 27.0% during the third quarter. Empowered Funds LLC now owns 2,226 shares of the industrial products company's stock worth $2,312,000 after purchasing an additional 473 shares in the last quarter. Finally, Toronto Dominion Bank raised its holdings in W.W. Grainger by 72.6% during the third quarter. Toronto Dominion Bank now owns 22,045 shares of the industrial products company's stock worth $22,901,000 after purchasing an additional 9,270 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company's stock.

Wall Street Analysts Forecast Growth

GWW has been the subject of several analyst reports. JPMorgan Chase & Co. cut their price target 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. Royal Bank of Canada cut their price target 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 report on Monday, February 3rd. StockNews.com cut shares of W.W. Grainger from a "buy" rating to a "hold" rating in a report on Thursday, December 19th. Finally, William Blair raised shares of W.W. Grainger from a "market perform" rating to an "outperform" rating in a report on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, W.W. Grainger currently has an average rating of "Hold" and an average price target of $1,151.50.

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W.W. Grainger Price Performance

NYSE:GWW traded down $10.13 during trading hours on Thursday, reaching $973.46. 196,900 shares of the company traded hands, compared to its average volume of 235,678. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.49 and a quick ratio of 1.49. The firm's 50-day moving average is $1,041.86 and its 200-day moving average is $1,076.14. The stock has a market cap of $46.94 billion, a P/E ratio of 25.15, a P/E/G ratio of 2.70 and a beta of 1.18. W.W. Grainger, Inc. has a 1-year low of $874.98 and a 1-year high of $1,227.66.

W.W. Grainger (NYSE:GWW - Get Free Report) last released its quarterly 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 return on equity of 52.43% and a net margin of 11.12%. During the same quarter last year, the firm earned $8.33 EPS. Equities research analysts expect that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

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