Blair William & Co. IL Sells 322 Shares of W.W. Grainger, Inc. (NYSE:GWW)

Blair William & Co. IL reduced its position in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 0.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 54,474 shares of the industrial products company's stock after selling 322 shares during the period. Blair William & Co. IL owned 0.11% of W.W. Grainger worth $57,418,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cyrus J. Lawrence LLC purchased a new position in shares of W.W. Grainger in the 4th quarter worth approximately $31,000. Iron Horse Wealth Management LLC increased its position in shares of W.W. Grainger by 43.5% during the 4th quarter. Iron Horse Wealth Management LLC now owns 33 shares of the industrial products company's stock valued at $35,000 after purchasing an additional 10 shares during the last quarter. AlphaMark Advisors LLC bought a new stake in shares of W.W. Grainger during the 4th quarter worth $37,000. Larson Financial Group LLC boosted its holdings in shares of W.W. Grainger by 111.1% in the 3rd quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company's stock worth $40,000 after buying an additional 20 shares during the last quarter. Finally, OFI Invest Asset Management bought a new position in W.W. Grainger during the fourth quarter valued at about $42,000. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

W.W. Grainger Price Performance

Shares of GWW traded up $7.75 during mid-day trading on Tuesday, reaching $995.58. 47,725 shares of the stock traded hands, compared to its average volume of 283,920. The company has a current ratio of 2.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.62. 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 market cap of $48.00 billion, a price-to-earnings ratio of 25.72, a price-to-earnings-growth ratio of 2.70 and a beta of 1.18. The firm has a fifty day moving average price of $1,024.86 and a 200 day moving average price of $1,077.69.

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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 analysts' consensus estimates 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 in the prior year, the business earned $8.33 earnings per share. As a group, equities research analysts predict that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Monday, February 10th were paid a $2.05 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $8.20 dividend on an annualized basis and a yield of 0.82%. W.W. Grainger's dividend payout ratio is presently 21.18%.

Wall Street Analyst Weigh In

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

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.