W.W. Grainger, Inc. (NYSE:GWW) Shares Acquired by Iron Horse Wealth Management LLC

Iron Horse Wealth Management LLC increased its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 43.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 33 shares of the industrial products company’s stock after acquiring an additional 10 shares during the period. Iron Horse Wealth Management LLC’s holdings in W.W. Grainger were worth $35,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GHP Investment Advisors Inc. raised its stake in shares of W.W. Grainger by 250.0% during the third quarter. GHP Investment Advisors Inc. now owns 28 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 20 shares during the period. AlphaMark Advisors LLC purchased a new position in shares of W.W. Grainger in the fourth quarter valued at $37,000. Larson Financial Group LLC grew its holdings in W.W. Grainger by 111.1% during the 3rd quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 20 shares in the last quarter. Fortitude Family Office LLC increased its stake in W.W. Grainger by 38.9% during the 3rd quarter. Fortitude Family Office LLC now owns 50 shares of the industrial products company’s stock worth $52,000 after buying an additional 14 shares during the period. Finally, Ashton Thomas Securities LLC acquired a new position in W.W. Grainger in the 3rd quarter worth $75,000. 80.70% of the stock is owned by institutional investors and hedge funds.

W.W. Grainger Stock Performance

W.W. Grainger stock opened at $1,044.53 on Friday. The company has a market cap of $50.87 billion, a PE ratio of 26.98, a P/E/G ratio of 2.73 and a beta of 1.17. The company has a fifty day moving average price of $1,105.24 and a two-hundred day moving average price of $1,066.89. 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 12 month low of $874.98 and a 12 month high of $1,227.66.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings results on Friday, January 31st. The industrial products company reported $9.71 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 last year, the business earned $8.33 earnings per share. Research analysts expect that W.W. Grainger, Inc. will post 41.91 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Monday, February 10th will be issued a dividend of $2.05 per share. This represents a $8.20 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Monday, February 10th. W.W. Grainger’s dividend payout ratio (DPR) is presently 21.18%.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Royal Bank of Canada lowered their target price on W.W. Grainger from $1,113.00 to $1,112.00 and set a “sector perform” rating for the company in a research note on Monday. StockNews.com lowered W.W. Grainger from a “buy” rating to a “hold” rating in a research note on Thursday, December 19th. Baird R W upgraded W.W. Grainger from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 16th. JPMorgan Chase & Co. reduced their target price on W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating for the company in a research note on Monday. Finally, Northcoast Research assumed coverage on shares of W.W. Grainger in a research note on Tuesday, October 29th. They issued a “neutral” rating for the company. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $1,148.56.

Insider Transactions at W.W. Grainger

In related news, VP Laurie R. Thomson sold 125 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $1,206.03, for a total transaction of $150,753.75. Following the completion of the transaction, the vice president now owns 675 shares in the company, valued at $814,070.25. The trade was a 15.63 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 9.50% of the company’s stock.

About W.W. Grainger

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.