Schroder Investment Management Group Grows Position in W.W. Grainger, Inc. (NYSE:GWW)

Schroder Investment Management Group lifted its position in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 41.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 76,786 shares of the industrial products company's stock after buying an additional 22,375 shares during the period. Schroder Investment Management Group owned approximately 0.16% of W.W. Grainger worth $81,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of GWW. Busey Bank lifted its holdings in W.W. Grainger by 1.5% in the fourth quarter. Busey Bank now owns 615 shares of the industrial products company's stock valued at $648,000 after acquiring an additional 9 shares during the period. Angeles Wealth Management LLC increased its position in shares of W.W. Grainger by 2.1% during the 4th quarter. Angeles Wealth Management LLC now owns 438 shares of the industrial products company's stock valued at $462,000 after purchasing an additional 9 shares during the last quarter. Iron Horse Wealth Management LLC lifted its stake 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 worth $35,000 after purchasing an additional 10 shares during the period. Welch & Forbes LLC boosted its holdings in shares of W.W. Grainger by 2.1% in the fourth quarter. Welch & Forbes LLC now owns 481 shares of the industrial products company's stock worth $507,000 after buying an additional 10 shares during the last quarter. Finally, United Community Bank grew its position in W.W. Grainger by 6.9% during the fourth quarter. United Community Bank now owns 155 shares of the industrial products company's stock valued at $163,000 after buying an additional 10 shares during the period. Institutional investors own 80.70% of the company's stock.

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Analyst Ratings Changes

Several research firms have weighed in on GWW. JPMorgan Chase & Co. decreased 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 report on Monday, February 3rd. StockNews.com cut W.W. Grainger from a "buy" rating to a "hold" rating in a report on Thursday, December 19th. William Blair raised W.W. Grainger from a "market perform" rating to an "outperform" rating in a report on Monday, March 10th. Finally, 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 on the stock in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $1,151.50.

W.W. Grainger Price Performance

Shares of NYSE:GWW traded up $5.38 during trading on Tuesday, hitting $993.21. 226,578 shares of the company's stock were exchanged, compared to its average volume of 247,611. The business's 50-day simple moving average is $1,022.30 and its 200 day simple moving average is $1,077.69. 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, Inc. has a 52-week low of $874.98 and a 52-week high of $1,227.66. The company has a market cap of $47.89 billion, a price-to-earnings ratio of 25.66, a PEG ratio of 2.70 and a beta of 1.18.

W.W. Grainger (NYSE:GWW - Get Free Report) last released its quarterly earnings data 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 net margin of 11.12% and a return on equity of 52.43%. During the same quarter in the prior year, the firm posted $8.33 EPS. As a group, equities analysts predict that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Monday, February 10th were issued a dividend of $2.05 per share. This represents a $8.20 annualized dividend and a dividend yield of 0.83%. The ex-dividend date was Monday, February 10th. W.W. Grainger's dividend payout ratio (DPR) is presently 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.