Mutual of America Capital Management LLC Has $5.60 Million Stock Holdings in W.W. Grainger, Inc. (NYSE:GWW)

Mutual of America Capital Management LLC decreased its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 3.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,309 shares of the industrial products company’s stock after selling 162 shares during the quarter. Mutual of America Capital Management LLC’s holdings in W.W. Grainger were worth $5,596,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in GWW. Proficio Capital Partners LLC bought a new position in W.W. Grainger in the 4th quarter valued at about $175,000. AustralianSuper Pty Ltd lifted its position in W.W. Grainger by 694.1% in the 4th quarter. AustralianSuper Pty Ltd now owns 76,674 shares of the industrial products company’s stock valued at $80,818,000 after acquiring an additional 67,018 shares in the last quarter. Champlain Investment Partners LLC bought a new position in W.W. Grainger in the 3rd quarter valued at about $55,815,000. Assenagon Asset Management S.A. lifted its position in W.W. Grainger by 1,653.7% in the 4th quarter. Assenagon Asset Management S.A. now owns 56,978 shares of the industrial products company’s stock valued at $60,058,000 after acquiring an additional 53,729 shares in the last quarter. Finally, State Street Corp lifted its position in W.W. Grainger by 2.3% in the 3rd quarter. State Street Corp now owns 1,997,191 shares of the industrial products company’s stock valued at $2,074,702,000 after acquiring an additional 45,369 shares in the last quarter. Institutional investors own 80.70% of the company’s stock.

W.W. Grainger Stock Performance

NYSE GWW opened at $999.11 on Tuesday. 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 debt-to-equity ratio of 0.62, a quick ratio of 1.49 and a current ratio of 2.49. The company has a market capitalization of $48.17 billion, a P/E ratio of 25.81, a P/E/G ratio of 2.70 and a beta of 1.17. The company has a fifty day moving average of $1,061.50 and a 200-day moving average of $1,075.91.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings data on Friday, January 31st. The industrial products company reported $9.71 earnings per share (EPS) 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 quarter in the prior year, the company earned $8.33 EPS. As a group, equities research analysts predict that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

The firm 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. This represents a $8.20 annualized dividend and a yield of 0.82%. The ex-dividend date of this dividend was Monday, February 10th. W.W. Grainger’s dividend payout ratio is presently 21.18%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on GWW shares. JPMorgan Chase & Co. dropped 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. Morgan Stanley lifted their target price on shares of W.W. Grainger from $990.00 to $1,215.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 19th. Royal Bank of Canada dropped their target price on shares of 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. StockNews.com cut shares of W.W. Grainger from a “buy” rating to a “hold” rating in a research report on Thursday, December 19th. Finally, UBS Group started coverage on shares of W.W. Grainger in a research report on Wednesday, November 13th. They set a “neutral” rating and a $1,280.00 target price on the stock. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $1,148.56.

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.