Kapitalo Investimentos Ltda Boosts Holdings in W.W. Grainger, Inc. (NYSE:GWW)

Kapitalo Investimentos Ltda boosted its position in W.W. Grainger, Inc. (NYSE:GWWFree Report) by 47.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 262 shares of the industrial products company’s stock after buying an additional 84 shares during the period. Kapitalo Investimentos Ltda’s holdings in W.W. Grainger were worth $217,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GWW. Clearbridge Investments LLC boosted its position in shares of W.W. Grainger by 1.3% during the 4th quarter. Clearbridge Investments LLC now owns 978,154 shares of the industrial products company’s stock worth $810,586,000 after purchasing an additional 12,445 shares in the last quarter. Northern Trust Corp boosted its position in shares of W.W. Grainger by 1.8% during the 3rd quarter. Northern Trust Corp now owns 751,855 shares of the industrial products company’s stock worth $520,163,000 after purchasing an additional 13,063 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of W.W. Grainger by 1.7% during the 4th 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 in the last quarter. Morgan Stanley boosted its position in shares of W.W. Grainger by 8.3% during the 3rd quarter. Morgan Stanley now owns 625,013 shares of the industrial products company’s stock worth $432,411,000 after purchasing an additional 47,731 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of W.W. Grainger during the 4th quarter worth $392,470,000. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on GWW shares. Stephens raised W.W. Grainger from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $1,000.00 to $1,250.00 in a research note on Monday, April 29th. Erste Group Bank reissued a “hold” rating on shares of W.W. Grainger in a research note on Friday. Baird R W downgraded shares of W.W. Grainger from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 29th. Robert W. Baird downgraded shares of W.W. Grainger from an “outperform” rating to a “neutral” rating and cut their target price for the company from $1,000.00 to $975.00 in a research note on Wednesday, May 29th. Finally, Oppenheimer lifted their price target on W.W. Grainger from $1,075.00 to $1,125.00 and gave the company an “outperform” rating in a report on Tuesday, March 5th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $959.44.

Read Our Latest Stock Report on GWW

W.W. Grainger Trading Up 0.3 %

Shares of NYSE:GWW traded up $2.67 during trading on Tuesday, reaching $920.12. 26,087 shares of the stock were exchanged, compared to its average volume of 239,686. 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 12-month low of $674.41 and a 12-month high of $1,034.18. The firm has a market cap of $45.15 billion, a price-to-earnings ratio of 25.29, a price-to-earnings-growth ratio of 1.77 and a beta of 1.16. The firm’s 50-day moving average price is $937.63 and its 200 day moving average price is $919.74.

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

W.W. Grainger Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, June 1st. Shareholders of record on Monday, May 13th were given a $2.05 dividend. This represents a $8.20 dividend on an annualized basis and a dividend yield of 0.89%. This is a positive change from W.W. Grainger’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend was Friday, May 10th. W.W. Grainger’s dividend payout ratio is presently 22.64%.

W.W. Grainger Company 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.

Read More

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

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.