ICW Investment Advisors LLC Decreases Stock Holdings in W.W. Grainger, Inc. (NYSE:GWW)

ICW Investment Advisors LLC trimmed its position in W.W. Grainger, Inc. (NYSE:GWW) by 3.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,584 shares of the industrial products company’s stock after selling 58 shares during the period. ICW Investment Advisors LLC’s holdings in W.W. Grainger were worth $1,670,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Cyrus J. Lawrence LLC purchased a new position in shares of W.W. Grainger in the fourth quarter worth $31,000. Iron Horse Wealth Management LLC boosted its holdings in W.W. Grainger by 43.5% in the fourth quarter. Iron Horse Wealth Management LLC now owns 33 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 10 shares in the last quarter. AlphaMark Advisors LLC bought a new stake in W.W. Grainger in the fourth quarter valued at $37,000. Larson Financial Group LLC boosted its holdings in W.W. Grainger by 111.1% in the third quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 20 shares in the last quarter. Finally, OFI Invest Asset Management bought a new stake in W.W. Grainger in the fourth quarter valued at $42,000. 80.70% of the stock is owned by hedge funds and other institutional investors.

W.W. Grainger Price Performance

GWW opened at $971.57 on Monday. The stock has a 50-day moving average price of $1,038.34 and a 200-day moving average price of $1,077.01. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.49 and a quick ratio of 1.49. The firm has a market cap of $46.85 billion, a PE ratio of 25.10, a P/E/G ratio of 2.70 and a beta of 1.18. W.W. Grainger, Inc. has a 1 year low of $874.98 and a 1 year high of $1,227.66.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings results on Friday, January 31st. The industrial products company reported $9.71 earnings per share (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 in the previous year, the business posted $8.33 earnings per share. Sell-side analysts predict that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

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

Wall Street Analyst Weigh In

Several analysts recently weighed in on GWW shares. StockNews.com cut shares of W.W. Grainger from a “buy” rating to a “hold” rating in a report on Thursday, December 19th. William Blair upgraded shares of W.W. Grainger from a “market perform” rating to an “outperform” rating in a report on Monday, March 10th. JPMorgan Chase & Co. dropped their target price on shares of W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating on the stock in a report on Monday, February 3rd. Finally, Royal Bank of Canada dropped their target price on shares of W.W. Grainger from $1,113.00 to $1,112.00 and set a “sector perform” rating on the stock in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $1,151.50.

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.