W.W. Grainger, Inc. (NYSE:GWW) Stock Holdings Decreased by Humankind Investments LLC

Humankind Investments LLC trimmed its stake in W.W. Grainger, Inc. (NYSE:GWWFree Report) by 12.9% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 343 shares of the industrial products company’s stock after selling 51 shares during the quarter. Humankind Investments LLC’s holdings in W.W. Grainger were worth $284,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. FMR LLC increased its position in W.W. Grainger by 17.2% in the 3rd quarter. FMR LLC now owns 1,396,928 shares of the industrial products company’s stock valued at $966,451,000 after acquiring an additional 204,507 shares during the period. Clearbridge Investments LLC raised its stake in shares of W.W. Grainger by 1.3% during the fourth quarter. Clearbridge Investments LLC now owns 978,154 shares of the industrial products company’s stock valued at $810,586,000 after purchasing an additional 12,445 shares in the last quarter. Northern Trust Corp raised its stake in shares of W.W. Grainger by 1.8% during the third quarter. Northern Trust Corp now owns 751,855 shares of the industrial products company’s stock valued at $520,163,000 after purchasing an additional 13,063 shares in the last quarter. Franklin Resources Inc. lifted its holdings in W.W. Grainger by 1.7% in the fourth quarter. Franklin Resources Inc. now owns 689,090 shares of the industrial products company’s stock worth $571,042,000 after purchasing an additional 11,460 shares during the period. Finally, Morgan Stanley grew its position in W.W. Grainger by 8.3% in the 3rd quarter. Morgan Stanley now owns 625,013 shares of the industrial products company’s stock valued at $432,411,000 after buying an additional 47,731 shares in the last quarter. Institutional investors own 80.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on GWW. Loop Capital lowered their price objective on shares of W.W. Grainger from $1,000.00 to $975.00 and set a “hold” rating on the stock in a research note on Monday, April 29th. Baird R W cut W.W. Grainger from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 29th. UBS Group raised their price objective on shares of W.W. Grainger from $740.00 to $1,000.00 and gave the company a “neutral” rating in a research report on Thursday, March 14th. StockNews.com downgraded shares of W.W. Grainger from a “buy” rating to a “hold” rating in a report on Wednesday, May 29th. Finally, Robert W. Baird cut shares of W.W. Grainger from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $1,000.00 to $975.00 in a report on Wednesday, May 29th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $959.44.

Get Our Latest Analysis on W.W. Grainger

W.W. Grainger Stock Up 0.4 %

NYSE:GWW traded up $3.72 during trading hours on Monday, hitting $895.97. 46,099 shares of the company’s stock traded hands, compared to its average volume of 238,489. The stock’s fifty day moving average price is $949.23 and its two-hundred day moving average price is $914.15. The firm has a market cap of $43.97 billion, a P/E ratio of 24.82, a P/E/G ratio of 1.74 and a beta of 1.16. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.33 and a current ratio of 2.19. W.W. Grainger, Inc. has a twelve month low of $674.41 and a twelve month high of $1,034.18.

W.W. Grainger (NYSE:GWWGet Free Report) last posted its quarterly earnings results on Thursday, April 25th. The industrial products company reported $9.62 EPS for the quarter, topping the consensus estimate of $9.57 by $0.05. W.W. Grainger had a net margin of 10.94% and a return on equity of 54.31%. The business had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $4.26 billion. During the same period last year, the company posted $9.61 earnings per share. The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. On average, research analysts expect that W.W. Grainger, Inc. will post 39.34 earnings per share for the current fiscal year.

W.W. Grainger Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, June 1st. Investors of record on Monday, May 13th were given a dividend of $2.05 per share. This is a boost from W.W. Grainger’s previous quarterly dividend of $1.86. The ex-dividend date was Friday, May 10th. This represents a $8.20 dividend on an annualized basis and a yield of 0.92%. W.W. Grainger’s dividend payout ratio (DPR) is presently 22.64%.

W.W. Grainger Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for W.W. Grainger (NYSE:GWW)

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