Public Employees Retirement System of Ohio lowered its position in W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 5.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,575 shares of the industrial products company’s stock after selling 1,163 shares during the period. Public Employees Retirement System of Ohio’s holdings in W.W. Grainger were worth $20,931,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Pacer Advisors Inc. grew its position in W.W. Grainger by 32.0% during the fourth quarter. Pacer Advisors Inc. now owns 3,828 shares of the industrial products company’s stock valued at $3,172,000 after buying an additional 929 shares during the period. Assenagon Asset Management S.A. grew its position in W.W. Grainger by 9.3% during the fourth quarter. Assenagon Asset Management S.A. now owns 2,301 shares of the industrial products company’s stock valued at $1,907,000 after buying an additional 196 shares during the period. Ritholtz Wealth Management grew its position in W.W. Grainger by 2.8% during the fourth quarter. Ritholtz Wealth Management now owns 436 shares of the industrial products company’s stock valued at $361,000 after buying an additional 12 shares during the period. McGlone Suttner Wealth Management Inc. bought a new position in W.W. Grainger during the fourth quarter valued at about $45,000. Finally, Blue Trust Inc. grew its position in W.W. Grainger by 40.0% during the fourth quarter. Blue Trust Inc. now owns 112 shares of the industrial products company’s stock valued at $93,000 after buying an additional 32 shares during the period. Hedge funds and other institutional investors own 80.70% of the company’s stock.
Insider Transactions at W.W. Grainger
In other news, SVP Matt Fortin sold 511 shares of the stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $915.20, for a total value of $467,667.20. Following the sale, the senior vice president now directly owns 1,848 shares of the company’s stock, valued at $1,691,289.60. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 9.50% of the company’s stock.
Wall Street Analyst Weigh In
W.W. Grainger Trading Down 0.4 %
Shares of W.W. Grainger stock opened at $966.81 on Tuesday. W.W. Grainger, Inc. has a 12-month low of $674.41 and a 12-month high of $1,034.18. The company has a market cap of $47.44 billion, a price-to-earnings ratio of 26.69, a PEG ratio of 1.90 and a beta of 1.17. The company has a current ratio of 2.19, a quick ratio of 1.33 and a debt-to-equity ratio of 0.51. The company’s 50-day moving average price is $924.91 and its 200-day moving average price is $942.71.
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.
Read More
- Five stocks we like better than W.W. Grainger
- 3 Warren Buffett Stocks to Buy Now
- Has Micron’s Stock Drop Turned Into A Screaming Buy?
- What Are Dividend Champions? How to Invest in the Champions
- Should You Invest in Bonds? Here’s What to Know
- The Most Important Warren Buffett Stock for Investors: His Own
- Why This Manufacturer is Committing to a Massive Buyback Program
Receive News & Ratings for W.W. Grainger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for W.W. Grainger and related companies with MarketBeat.com's FREE daily email newsletter.