W.W. Grainger, Inc. (NYSE:GWW) Stock Holdings Lowered by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC cut its position in W.W. Grainger, Inc. (NYSE:GWW) by 15.0% during the 4th quarter, HoldingsChannel reports. The firm owned 1,073 shares of the industrial products company’s stock after selling 190 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in W.W. Grainger were worth $1,039,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp raised its holdings in shares of W.W. Grainger by 2.3% during the third quarter. State Street Corp now owns 1,997,191 shares of the industrial products company’s stock valued at $2,074,702,000 after buying an additional 45,369 shares during the last quarter. FMR LLC increased its position in W.W. Grainger by 2.6% in the 3rd quarter. FMR LLC now owns 1,617,149 shares of the industrial products company’s stock valued at $1,679,911,000 after acquiring an additional 40,992 shares during the period. Geode Capital Management LLC raised its stake in W.W. Grainger by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,167,031 shares of the industrial products company’s stock valued at $1,208,610,000 after acquiring an additional 28,626 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in W.W. Grainger by 8.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 546,960 shares of the industrial products company’s stock worth $568,188,000 after acquiring an additional 42,866 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its position in W.W. Grainger by 4.1% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 324,367 shares of the industrial products company’s stock worth $336,956,000 after acquiring an additional 12,805 shares during the period. 80.70% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on GWW shares. JPMorgan Chase & Co. cut their price objective 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. StockNews.com downgraded shares of W.W. Grainger from a “buy” rating to a “hold” rating in a research report on Thursday, December 19th. Northcoast Research started coverage on shares of W.W. Grainger in a report on Tuesday, October 29th. They issued a “neutral” rating for the company. Royal Bank of Canada cut 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 report on Monday, February 3rd. Finally, UBS Group started coverage on W.W. Grainger in a research report on Wednesday, November 13th. They set a “neutral” rating and a $1,280.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $1,148.56.

W.W. Grainger Price Performance

NYSE GWW opened at $1,023.99 on Friday. W.W. Grainger, Inc. has a fifty-two week low of $874.98 and a fifty-two week high of $1,227.66. The stock’s 50-day moving average is $1,075.53 and its two-hundred day moving average is $1,072.00. The firm has a market cap of $49.87 billion, a P/E ratio of 26.45, a price-to-earnings-growth ratio of 2.69 and a beta of 1.17. 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 (NYSE:GWW) last issued its quarterly earnings results 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 period last year, the company earned $8.33 earnings per share. On average, analysts anticipate that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Monday, February 10th will be given a $2.05 dividend. This represents a $8.20 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend is Monday, February 10th. W.W. Grainger’s dividend payout ratio (DPR) is 21.18%.

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.