Uncommon Cents Investing LLC Has $456,000 Stock Holdings in W.W. Grainger, Inc. (NYSE:GWW)

Uncommon Cents Investing LLC lowered its position in W.W. Grainger, Inc. (NYSE:GWW) by 2.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 433 shares of the industrial products company’s stock after selling 10 shares during the quarter. Uncommon Cents Investing LLC’s holdings in W.W. Grainger were worth $456,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. HWG Holdings LP bought a new position in W.W. Grainger during the second quarter valued at about $26,000. GHP Investment Advisors Inc. raised its stake in shares of 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. Larson Financial Group LLC lifted its holdings in W.W. Grainger by 111.1% in the 3rd quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 20 shares during the last quarter. Fortitude Family Office LLC boosted its position in W.W. Grainger by 38.9% during the third quarter. Fortitude Family Office LLC now owns 50 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 14 shares during the period. Finally, Ashton Thomas Securities LLC acquired a new position in W.W. Grainger during the third quarter valued at approximately $75,000. 80.70% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at W.W. Grainger

In related news, VP Paige K. Robbins sold 9,577 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $1,117.84, for a total value of $10,705,553.68. Following the completion of the sale, the vice president now owns 4,379 shares of the company’s stock, valued at $4,895,021.36. This trade represents a 68.62 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Laurie R. Thomson sold 125 shares of the company’s stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $1,206.03, for a total value of $150,753.75. Following the transaction, the vice president now directly owns 675 shares in the company, valued at approximately $814,070.25. This represents a 15.63 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,406 shares of company stock worth $11,634,643 over the last ninety days. Corporate insiders own 9.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on GWW shares. Royal Bank of Canada lifted their price target 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 report on Friday, November 1st. StockNews.com cut shares of W.W. Grainger from a “buy” rating to a “hold” rating in a report on Thursday, December 19th. UBS Group started coverage on W.W. Grainger in a research note on Wednesday, November 13th. They issued a “neutral” rating and a $1,280.00 price objective on the stock. Oppenheimer cut W.W. Grainger from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 17th. Finally, Baird R W raised W.W. Grainger from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $1,140.56.

W.W. Grainger Stock Up 0.2 %

Shares of GWW opened at $1,113.05 on Monday. W.W. Grainger, Inc. has a 12 month low of $855.01 and a 12 month high of $1,227.66. The stock has a market cap of $54.21 billion, a price-to-earnings ratio of 30.17, a P/E/G ratio of 2.70 and a beta of 1.18. The company has a 50-day moving average price of $1,133.37 and a two-hundred day moving average price of $1,052.65. The company has a quick ratio of 1.68, a current ratio of 2.59 and a debt-to-equity ratio of 0.59.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings results on Thursday, October 31st. The industrial products company reported $9.87 EPS for the quarter, missing the consensus estimate of $9.98 by ($0.11). The company had revenue of $4.39 billion during the quarter, compared to analyst estimates of $4.40 billion. W.W. Grainger had a net margin of 10.80% and a return on equity of 51.78%. W.W. Grainger’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $9.43 EPS. Equities analysts predict that W.W. Grainger, Inc. will post 38.97 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Sunday, December 1st. Investors of record on Monday, November 11th were issued a dividend of $2.05 per share. This represents a $8.20 annualized dividend and a yield of 0.74%. The ex-dividend date was Friday, November 8th. W.W. Grainger’s dividend payout ratio is currently 22.23%.

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.