CVA Family Office LLC Purchases Shares of 61 W.W. Grainger, Inc. (NYSE:GWW)

CVA Family Office LLC purchased a new stake in W.W. Grainger, Inc. (NYSE:GWW) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 61 shares of the industrial products company’s stock, valued at approximately $51,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. CI Investments Inc. lifted its holdings in shares of W.W. Grainger by 2.9% in the third quarter. CI Investments Inc. now owns 489 shares of the industrial products company’s stock valued at $338,000 after purchasing an additional 14 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of W.W. Grainger by 1.6% in the third quarter. Sequoia Financial Advisors LLC now owns 927 shares of the industrial products company’s stock valued at $641,000 after purchasing an additional 15 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in shares of W.W. Grainger by 6.0% in the third quarter. Pinnacle Wealth Management Advisory Group LLC now owns 301 shares of the industrial products company’s stock valued at $208,000 after purchasing an additional 17 shares in the last quarter. Mcdonald Partners LLC lifted its holdings in shares of W.W. Grainger by 0.8% in the third quarter. Mcdonald Partners LLC now owns 2,027 shares of the industrial products company’s stock valued at $1,402,000 after purchasing an additional 17 shares in the last quarter. Finally, Moody National Bank Trust Division lifted its holdings in shares of W.W. Grainger by 4.5% in the third quarter. Moody National Bank Trust Division now owns 422 shares of the industrial products company’s stock valued at $292,000 after purchasing an additional 18 shares in the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Insiders Place Their Bets

In other W.W. Grainger news, VP Paige K. Robbins sold 3,813 shares of the business’s stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $968.88, for a total transaction of $3,694,339.44. Following the completion of the sale, the vice president now directly owns 4,909 shares in the company, valued at $4,756,231.92. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, VP Paige K. Robbins sold 3,813 shares of the company’s stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $968.88, for a total value of $3,694,339.44. Following the completion of the transaction, the vice president now directly owns 4,909 shares in the company, valued at $4,756,231.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Paige K. Robbins sold 3,122 shares of the company’s stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $950.22, for a total transaction of $2,966,586.84. Following the completion of the transaction, the vice president now owns 4,909 shares of the company’s stock, valued at $4,664,629.98. The disclosure for this sale can be found here. 9.50% of the stock is owned by insiders.

W.W. Grainger Stock Performance

Shares of GWW stock opened at $1,020.17 on Thursday. W.W. Grainger, Inc. has a one year low of $625.97 and a one year high of $1,034.18. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.64 and a current ratio of 2.88. The company has a 50 day moving average price of $953.67 and a 200 day moving average price of $831.79. The firm has a market capitalization of $50.12 billion, a price-to-earnings ratio of 28.17, a price-to-earnings-growth ratio of 1.97 and a beta of 1.14.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings data on Friday, February 2nd. The industrial products company reported $8.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.05 by $0.28. W.W. Grainger had a net margin of 11.10% and a return on equity of 56.54%. The company had revenue of $4 billion during the quarter, compared to the consensus estimate of $4.04 billion. During the same period in the previous year, the firm earned $7.14 earnings per share. W.W. Grainger’s revenue for the quarter was up 5.1% on a year-over-year basis. Sell-side analysts anticipate that W.W. Grainger, Inc. will post 39.26 EPS for the current year.

W.W. Grainger Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Monday, February 12th were paid a dividend of $1.86 per share. The ex-dividend date of this dividend was Friday, February 9th. This represents a $7.44 annualized dividend and a yield of 0.73%. W.W. Grainger’s dividend payout ratio is currently 20.55%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Stephens upped their price target on shares of W.W. Grainger from $775.00 to $1,000.00 and gave the company an “equal weight” rating in a report on Tuesday, February 6th. Loop Capital lowered shares of W.W. Grainger from a “buy” rating to a “hold” rating and boosted their price objective for the company from $925.00 to $1,000.00 in a research report on Tuesday, February 20th. Oppenheimer boosted their price objective on shares of W.W. Grainger from $1,075.00 to $1,125.00 and gave the company an “outperform” rating in a research report on Tuesday, March 5th. Jefferies Financial Group lowered shares of W.W. Grainger from a “buy” rating to a “hold” rating and set a $825.00 price objective for the company. in a research report on Wednesday, December 20th. Finally, StockNews.com raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Saturday, March 16th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $913.89.

About W.W. Grainger

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.