YHB Investment Advisors Inc. purchased a new stake in W W Grainger Inc (NYSE:GWW) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 870 shares of the industrial products company’s stock, valued at approximately $206,000.
Several other hedge funds have also recently made changes to their positions in the company. Atria Investments LLC increased its position in shares of W W Grainger by 23.4% in the fourth quarter. Atria Investments LLC now owns 1,487 shares of the industrial products company’s stock valued at $351,000 after buying an additional 282 shares in the last quarter. Nisa Investment Advisors LLC increased its position in shares of W W Grainger by 4.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 12,728 shares of the industrial products company’s stock valued at $3,007,000 after buying an additional 550 shares in the last quarter. Sawyer & Company Inc purchased a new position in shares of W W Grainger in the fourth quarter valued at $1,029,000. Atlantic Trust Group LLC increased its position in shares of W W Grainger by 22.1% in the third quarter. Atlantic Trust Group LLC now owns 20,455 shares of the industrial products company’s stock valued at $3,676,000 after buying an additional 3,708 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC purchased a new position in shares of W W Grainger in the third quarter valued at $396,000. Institutional investors and hedge funds own 85.09% of the company’s stock.
Shares of W W Grainger Inc (GWW) opened at $231.81 on Wednesday. The company has a market capitalization of $13,429.23, a PE ratio of 27.60, a P/E/G ratio of 2.20 and a beta of 0.82. W W Grainger Inc has a 52-week low of $155.00 and a 52-week high of $262.71. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.28 and a current ratio of 2.28.
W W Grainger (NYSE:GWW) last posted its quarterly earnings data on Tuesday, October 17th. The industrial products company reported $2.90 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.34. The firm had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.65 billion. W W Grainger had a return on equity of 34.25% and a net margin of 4.83%. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $3.06 EPS. analysts expect that W W Grainger Inc will post 10.71 earnings per share for the current year.
A number of research analysts have recently weighed in on GWW shares. Zacks Investment Research cut W W Grainger from a “hold” rating to a “sell” rating in a research report on Tuesday, September 19th. Atlantic Securities upgraded W W Grainger from an “underweight” rating to a “neutral” rating in a research report on Thursday, October 19th. Royal Bank of Canada raised their price target on W W Grainger from $146.00 to $148.00 and gave the company an “underperform” rating in a research report on Tuesday, November 7th. Oppenheimer restated a “buy” rating and issued a $245.00 price target on shares of W W Grainger in a research report on Monday, November 13th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $178.00 price target (up previously from $165.00) on shares of W W Grainger in a research report on Monday, October 9th. Seven analysts have rated the stock with a sell rating, eleven have given a hold rating and one has assigned a buy rating to the stock. W W Grainger currently has an average rating of “Hold” and an average target price of $195.77.
In other W W Grainger news, VP John L. Howard sold 21,000 shares of W W Grainger stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $220.56, for a total value of $4,631,760.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Laura D. Brown sold 9,158 shares of W W Grainger stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $232.86, for a total value of $2,132,531.88. Following the completion of the sale, the vice president now owns 16,893 shares of the company’s stock, valued at approximately $3,933,703.98. The disclosure for this sale can be found here. In the last quarter, insiders have sold 30,694 shares of company stock valued at $6,873,861. 9.60% of the stock is currently owned by company insiders.
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W W Grainger Profile
W.W. Grainger, Inc (Grainger) is a distributor of maintenance, repair and operating (MRO) supplies and other related products and services. The Company offers its products and services to businesses and institutions in the United States and Canada, with presence also in Europe, Asia and Latin America.
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