W.W. Grainger, Inc. (NYSE:GWW) Shares Bought by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ raised its holdings in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 28.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 140,047 shares of the industrial products company's stock after buying an additional 30,886 shares during the period. W.W. Grainger makes up approximately 0.7% of Skandinaviska Enskilda Banken AB publ's portfolio, making the stock its 26th largest position. Skandinaviska Enskilda Banken AB publ owned 0.29% of W.W. Grainger worth $148,199,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of W.W. Grainger during the third quarter worth $848,000. Trust Co. of Toledo NA OH lifted its holdings in W.W. Grainger by 313.3% during the 4th quarter. Trust Co. of Toledo NA OH now owns 1,521 shares of the industrial products company's stock worth $1,603,000 after buying an additional 1,153 shares during the last quarter. Clark & Stuart Inc acquired a new position in shares of W.W. Grainger during the 4th quarter worth about $1,741,000. Empowered Funds LLC increased its holdings in shares of W.W. Grainger by 27.0% in the 3rd quarter. Empowered Funds LLC now owns 2,226 shares of the industrial products company's stock valued at $2,312,000 after acquiring an additional 473 shares during the last quarter. Finally, Toronto Dominion Bank raised its position in shares of W.W. Grainger by 72.6% during the 3rd quarter. Toronto Dominion Bank now owns 22,045 shares of the industrial products company's stock worth $22,901,000 after acquiring an additional 9,270 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company's stock.

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W.W. Grainger Stock Performance

GWW stock traded up $9.29 during trading on Monday, hitting $977.11. The company had a trading volume of 212,246 shares, compared to its average volume of 235,492. The firm has a 50-day moving average price of $1,046.85 and a 200-day moving average price of $1,076.80. The company has a quick ratio of 1.49, a current ratio of 2.49 and a debt-to-equity ratio of 0.62. The firm has a market cap of $47.11 billion, a PE ratio of 25.24, 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.

W.W. Grainger (NYSE:GWW - Get Free Report) last issued its quarterly 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. On average, analysts expect that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Announces Dividend

The company also recently declared 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. The ex-dividend date was Monday, February 10th. This represents a $8.20 dividend on an annualized basis and a dividend yield of 0.84%. W.W. Grainger's dividend payout ratio (DPR) is 21.18%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on GWW shares. William Blair raised W.W. Grainger from a "market perform" rating to an "outperform" rating in a report on Monday, March 10th. StockNews.com cut shares of W.W. Grainger from a "buy" rating to a "hold" rating in a report on Thursday, December 19th. 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 on the stock in a research note on Monday, February 3rd. Morgan Stanley boosted their price target on shares of W.W. Grainger from $990.00 to $1,215.00 and gave the company an "equal weight" rating in a research report on Tuesday, November 19th. Finally, Royal Bank of Canada dropped their price objective on W.W. Grainger from $1,113.00 to $1,112.00 and set a "sector perform" rating on the stock in a report on Monday, February 3rd. One equities 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 assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $1,151.50.

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.