Corient Private Wealth LLC Sells 151 Shares of W.W. Grainger, Inc. (NYSE:GWW)

Corient Private Wealth LLC decreased its position in W.W. Grainger, Inc. (NYSE:GWW) by 0.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,867 shares of the industrial products company’s stock after selling 151 shares during the quarter. Corient Private Wealth LLC’s holdings in W.W. Grainger were worth $43,075,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Iron Horse Wealth Management LLC raised its stake in shares of 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 acquiring an additional 10 shares in the last quarter. AlphaMark Advisors LLC bought a new position in shares of W.W. Grainger during the 4th quarter valued at $37,000. Larson Financial Group LLC raised its position 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 period. OFI Invest Asset Management bought a new stake in W.W. Grainger in the fourth quarter worth $42,000. Finally, Atala Financial Inc bought a new stake in W.W. Grainger in the fourth quarter worth $43,000. Institutional investors own 80.70% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the company. StockNews.com downgraded W.W. Grainger from a “buy” rating to a “hold” rating in a report on Thursday, December 19th. Royal Bank of Canada decreased 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 note on Monday, February 3rd. JPMorgan Chase & Co. dropped their price objective on W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating for the company in a research note on Monday, February 3rd. Morgan Stanley lifted their target price on shares of W.W. Grainger from $990.00 to $1,215.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 19th. Finally, William Blair raised shares of W.W. Grainger from a “market perform” rating to an “outperform” rating in a research report on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $1,151.50.

W.W. Grainger Trading Up 1.0 %

Shares of GWW opened at $977.11 on Tuesday. W.W. Grainger, Inc. has a 1-year low of $874.98 and a 1-year high of $1,227.66. The company has a current ratio of 2.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.62. The firm’s 50-day moving average price is $1,045.32 and its 200-day moving average price is $1,076.86. The firm has a market capitalization of $47.11 billion, a price-to-earnings ratio of 25.24, a PEG ratio of 2.70 and a beta of 1.18.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings data on Friday, January 31st. The industrial products company reported $9.71 earnings per share for the quarter, missing the consensus estimate of $9.75 by ($0.04). W.W. Grainger had a net margin of 11.12% and a return on equity of 52.43%. During the same period in the prior year, the firm earned $8.33 EPS. Sell-side analysts anticipate that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Monday, February 10th were issued a $2.05 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $8.20 dividend on an annualized basis and a yield of 0.84%. W.W. Grainger’s dividend payout ratio (DPR) is 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.