Marks Group Wealth Management Inc Has $9.37 Million Stock Holdings in W.W. Grainger, Inc. (NYSE:GWW)

Marks Group Wealth Management Inc decreased its stake in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 4.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,885 shares of the industrial products company's stock after selling 418 shares during the period. W.W. Grainger makes up 0.9% of Marks Group Wealth Management Inc's portfolio, making the stock its 27th largest holding. Marks Group Wealth Management Inc's holdings in W.W. Grainger were worth $9,366,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GHP Investment Advisors Inc. lifted its position in W.W. Grainger by 250.0% in the third quarter. GHP Investment Advisors Inc. now owns 28 shares of the industrial products company's stock worth $29,000 after purchasing an additional 20 shares during the period. Iron Horse Wealth Management LLC increased its position in W.W. Grainger by 43.5% in the fourth 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 during the period. AlphaMark Advisors LLC acquired a new stake in W.W. Grainger in the fourth quarter worth about $37,000. Larson Financial Group LLC increased its position in W.W. Grainger by 111.1% in the third quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company's stock worth $40,000 after purchasing an additional 20 shares during the period. Finally, Newbridge Financial Services Group Inc. acquired a new stake in W.W. Grainger in the fourth quarter worth about $47,000. 80.70% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on the company. UBS Group assumed coverage on W.W. Grainger in a research report on Wednesday, November 13th. They issued a "neutral" rating and a $1,280.00 price objective for the company. Northcoast Research assumed coverage on W.W. Grainger in a research report on Tuesday, October 29th. They set a "neutral" rating for the company. Loop Capital boosted their target price on W.W. Grainger from $900.00 to $1,100.00 and gave the stock a "hold" rating in a research report on Monday, October 21st. Royal Bank of Canada decreased their target price on 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, StockNews.com lowered 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 given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, W.W. Grainger currently has a consensus rating of "Hold" and a consensus target price of $1,148.56.

W.W. Grainger Stock Down 0.0 %

GWW stock traded down $0.15 during midday trading on Friday, hitting $1,027.68. The company's stock had a trading volume of 299,201 shares, compared to its average volume of 318,592. The company's fifty day moving average price is $1,086.13 and its 200 day moving average price is $1,070.21. W.W. Grainger, Inc. has a twelve month low of $874.98 and a twelve month high of $1,227.66. The stock has a market capitalization of $50.05 billion, a P/E ratio of 26.55, a PEG ratio of 2.75 and a beta of 1.17. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.49 and a quick ratio of 1.49.

W.W. Grainger (NYSE:GWW - Get Free Report) last announced its earnings results on Friday, January 31st. The industrial products company reported $9.71 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 in the prior year, the company posted $8.33 EPS. As a group, equities research analysts predict that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Monday, February 10th will be paid a $2.05 dividend. This represents a $8.20 annualized dividend and a yield of 0.80%. The ex-dividend date is Monday, February 10th. W.W. Grainger's dividend payout ratio (DPR) is 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.