Integrated Advisors Network LLC Has $296,000 Holdings in W.W. Grainger, Inc. (NYSE:GWW)

Integrated Advisors Network LLC raised its stake in W.W. Grainger, Inc. (NYSE:GWW) by 8.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 285 shares of the industrial products company’s stock after acquiring an additional 21 shares during the quarter. Integrated Advisors Network LLC’s holdings in W.W. Grainger were worth $296,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GHP Investment Advisors Inc. increased its position in W.W. Grainger by 250.0% in the 3rd quarter. GHP Investment Advisors Inc. now owns 28 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 20 shares in the last quarter. HWG Holdings LP acquired a new stake in W.W. Grainger in the 2nd quarter valued at about $26,000. Washington Trust Advisors Inc. increased its position in W.W. Grainger by 225.0% in the 1st quarter. Washington Trust Advisors Inc. now owns 39 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 27 shares in the last quarter. Headlands Technologies LLC acquired a new stake in W.W. Grainger in the 1st quarter valued at about $41,000. Finally, Triad Wealth Partners LLC acquired a new stake in W.W. Grainger in the 2nd quarter valued at about $42,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Stock Down 0.4 %

W.W. Grainger stock opened at $1,105.07 on Friday. The company’s 50 day simple moving average is $1,035.68 and its 200 day simple moving average is $971.79. W.W. Grainger, Inc. has a fifty-two week low of $747.00 and a fifty-two week high of $1,130.01. The firm has a market capitalization of $53.96 billion, a price-to-earnings ratio of 30.32, a PEG ratio of 3.07 and a beta of 1.16. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.30 and a quick ratio of 1.40.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings results on Thursday, October 31st. The industrial products company reported $9.87 earnings per share for the quarter, missing analysts’ consensus estimates of $9.98 by ($0.11). W.W. Grainger had a net margin of 10.86% and a return on equity of 53.25%. The company had revenue of $4.39 billion during the quarter, compared to the consensus estimate of $4.40 billion. During the same period in the previous year, the firm posted $9.43 EPS. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that W.W. Grainger, Inc. will post 38.69 EPS for the current year.

W.W. Grainger Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, December 1st. Shareholders of record on Monday, November 11th will be paid a $2.05 dividend. This represents a $8.20 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Friday, November 8th. W.W. Grainger’s payout ratio is currently 22.50%.

Insider Buying and Selling at W.W. Grainger

In other W.W. Grainger news, CEO Donald G. Macpherson sold 27,502 shares of W.W. Grainger stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $1,000.82, for a total value of $27,524,551.64. Following the transaction, the chief executive officer now owns 111,559 shares of the company’s stock, valued at approximately $111,650,478.38. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CEO Donald G. Macpherson sold 12,992 shares of W.W. Grainger stock in a transaction that occurred on Monday, September 30th. The shares were sold at an average price of $1,037.68, for a total value of $13,481,538.56. Following the sale, the chief executive officer now directly owns 98,567 shares in the company, valued at $102,281,004.56. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Donald G. Macpherson sold 27,502 shares of W.W. Grainger stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $1,000.82, for a total transaction of $27,524,551.64. Following the completion of the sale, the chief executive officer now owns 111,559 shares in the company, valued at $111,650,478.38. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 9.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Baird R W raised shares of W.W. Grainger from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 16th. Wolfe Research raised shares of W.W. Grainger to a “hold” rating in a research note on Sunday, September 22nd. Bank of America assumed coverage on shares of W.W. Grainger in a research note on Monday, October 7th. They issued an “underperform” rating and a $925.00 target price on the stock. Royal Bank of Canada raised their target price on shares of W.W. Grainger from $1,018.00 to $1,125.00 and gave the company a “sector perform” rating in a research note on Friday. Finally, JPMorgan Chase & Co. raised their target price on shares of W.W. Grainger from $1,000.00 to $1,015.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $1,058.50.

W.W. Grainger 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.