Quantinno Capital Management LP Has $10.96 Million Stock Holdings in W.W. Grainger, Inc. (NYSE:GWW)

Quantinno Capital Management LP boosted its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 14.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,549 shares of the industrial products company's stock after acquiring an additional 1,295 shares during the quarter. Quantinno Capital Management LP's holdings in W.W. Grainger were worth $10,959,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. FMR LLC boosted its holdings 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 worth $1,679,911,000 after purchasing an additional 40,992 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of 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 valued at $568,188,000 after buying an additional 42,866 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of W.W. Grainger by 5.2% during 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 period. Massachusetts Financial Services Co. MA increased its stake in shares of W.W. Grainger by 4.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 324,367 shares of the industrial products company's stock worth $336,956,000 after acquiring an additional 12,805 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of W.W. Grainger by 3.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 284,666 shares of the industrial products company's stock worth $295,714,000 after acquiring an additional 8,552 shares during the last quarter. Hedge funds and other institutional investors own 80.70% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on GWW shares. StockNews.com upgraded W.W. Grainger from a "hold" rating to a "buy" rating in a research note on Monday, November 4th. Royal Bank of Canada boosted their price target on 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. Oppenheimer lowered shares of W.W. Grainger from an "outperform" rating to a "market perform" rating in a research report on Thursday, October 17th. Northcoast Research assumed coverage on shares of W.W. Grainger in a research report on Tuesday, October 29th. They issued a "neutral" rating for the company. Finally, UBS Group initiated coverage on shares of W.W. Grainger in a report on Wednesday, November 13th. They set a "neutral" rating and a $1,280.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $1,109.00.

W.W. Grainger Stock Performance

Shares of NYSE:GWW traded down $3.49 during midday trading on Friday, hitting $1,185.16. The company's stock had a trading volume of 194,709 shares, compared to its average volume of 233,324. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.68 and a current ratio of 2.59. The stock's 50 day simple moving average is $1,129.66 and its 200 day simple moving average is $1,012.61. The stock has a market capitalization of $57.72 billion, a price-to-earnings ratio of 32.09, a PEG ratio of 3.29 and a beta of 1.16. W.W. Grainger, Inc. has a fifty-two week low of $800.97 and a fifty-two week high of $1,227.66.

W.W. Grainger (NYSE:GWW - Get Free Report) last released its earnings results on Thursday, October 31st. The industrial products company reported $9.87 earnings per share (EPS) 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 business had revenue of $4.39 billion during the quarter, compared to analyst estimates of $4.40 billion. During the same period last year, the business earned $9.43 EPS. The business's quarterly revenue was up 4.3% compared to the same quarter last year. As a group, research analysts anticipate that W.W. Grainger, Inc. will post 38.93 earnings per share for the current year.

W.W. Grainger Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Sunday, December 1st. Investors of record on Monday, November 11th were paid a dividend of $2.05 per share. This represents a $8.20 annualized dividend and a yield of 0.69%. The ex-dividend date was Friday, November 8th. W.W. Grainger's payout ratio is currently 22.23%.

Insider Buying and Selling at W.W. Grainger

In other news, VP Paige K. Robbins sold 9,577 shares of the business'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 transaction of $10,705,553.68. Following the sale, the vice president now directly owns 4,379 shares in the company, valued at approximately $4,895,021.36. The trade was a 68.62 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Deidra C. Merriwether sold 704 shares of the firm's stock in a transaction on Friday, November 1st. The stock was sold at an average price of $1,105.59, for a total value of $778,335.36. Following the completion of the transaction, the chief financial officer now directly owns 9,509 shares of the company's stock, valued at approximately $10,513,055.31. This trade represents a 6.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 50,900 shares of company stock valued at $52,640,733 in the last ninety days. Company insiders own 9.50% of the company's stock.

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.