Sei Investments Co. Reduces Stock Holdings in W.W. Grainger, Inc. (NYSE:GWW)

Sei Investments Co. reduced its position in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 12.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,457 shares of the industrial products company's stock after selling 4,014 shares during the quarter. Sei Investments Co. owned 0.06% of W.W. Grainger worth $29,994,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Cyrus J. Lawrence LLC purchased a new stake in shares of W.W. Grainger in the 4th quarter worth approximately $31,000. Iron Horse Wealth Management LLC increased its holdings in shares of W.W. Grainger by 43.5% in the 4th quarter. Iron Horse Wealth Management LLC now owns 33 shares of the industrial products company's stock valued at $35,000 after acquiring an additional 10 shares during the period. AlphaMark Advisors LLC purchased a new position in W.W. Grainger in the fourth quarter valued at about $37,000. Larson Financial Group LLC raised its holdings 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 in the last quarter. Finally, OFI Invest Asset Management purchased a new stake in shares of W.W. Grainger during the fourth quarter valued at about $42,000. 80.70% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

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W.W. Grainger Price Performance

Shares of W.W. Grainger stock traded down $16.46 on Friday, hitting $970.78. The company's stock had a trading volume of 72,622 shares, compared to its average volume of 246,305. The company has a market capitalization of $46.81 billion, a price-to-earnings ratio of 25.08, a price-to-earnings-growth 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. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.49 and a current ratio of 2.49. The firm has a fifty day moving average price of $1,030.14 and a 200-day moving average price of $1,076.42.

W.W. Grainger (NYSE:GWW - Get Free Report) last announced its earnings results on Friday, January 31st. The industrial products company reported $9.71 earnings per share 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 period last year, the company earned $8.33 EPS. As a group, sell-side analysts anticipate that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Stockholders of record on Monday, February 10th were given a $2.05 dividend. The ex-dividend date was Monday, February 10th. This represents a $8.20 annualized dividend and a dividend yield of 0.84%. W.W. Grainger's dividend payout ratio (DPR) is presently 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.