30 Shares in W.W. Grainger, Inc. (NYSE:GWW) Purchased by Cyrus J. Lawrence LLC

Cyrus J. Lawrence LLC bought a new stake in shares of W.W. Grainger, Inc. (NYSE:GWW) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 30 shares of the industrial products company’s stock, valued at approximately $31,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Iron Horse Wealth Management LLC raised its holdings in W.W. Grainger by 43.5% during the fourth quarter. Iron Horse Wealth Management LLC now owns 33 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 10 shares in the last quarter. AlphaMark Advisors LLC acquired a new position in shares of W.W. Grainger during the 4th quarter valued at $37,000. Larson Financial Group LLC increased its position in shares of W.W. Grainger by 111.1% during the 3rd quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 20 shares during the period. OFI Invest Asset Management acquired a new position in shares of W.W. Grainger during the 4th quarter valued at $42,000. Finally, Atala Financial Inc acquired a new position in shares of W.W. Grainger during the 4th quarter valued at $43,000. 80.70% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on GWW shares. William Blair upgraded W.W. Grainger from a “market perform” rating to an “outperform” rating in a research report on Monday, March 10th. Royal Bank of Canada lowered their price target on 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. JPMorgan Chase & Co. lowered their price target on 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. Finally, StockNews.com cut W.W. Grainger from a “buy” rating to a “hold” rating in a research report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have issued 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 price target of $1,151.50.

W.W. Grainger Stock Performance

Shares of W.W. Grainger stock opened at $971.57 on Friday. The stock has a market cap of $46.85 billion, a PE ratio of 25.10, a price-to-earnings-growth ratio of 2.70 and a beta of 1.18. The business has a fifty day simple moving average of $1,038.34 and a 200-day simple moving average of $1,075.33. The company has a quick ratio of 1.49, a current ratio of 2.49 and a debt-to-equity ratio of 0.62. W.W. Grainger, Inc. has a 12 month low of $874.98 and a 12 month high of $1,227.66.

W.W. Grainger (NYSE:GWW) last issued its earnings results on Friday, January 31st. The industrial products company reported $9.71 EPS for the quarter, missing the consensus estimate 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 period last year, the firm posted $8.33 earnings per share. On average, sell-side analysts anticipate that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Stockholders of record on Monday, February 10th were given a $2.05 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $8.20 annualized dividend and a dividend yield of 0.84%. W.W. Grainger’s dividend payout ratio (DPR) is presently 21.18%.

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.