W.W. Grainger, Inc. (NYSE:GWW) Stock Holdings Increased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 7.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,867 shares of the industrial products company’s stock after purchasing an additional 870 shares during the quarter. Nisa Investment Advisors LLC’s holdings in W.W. Grainger were worth $13,562,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of GWW. XTX Topco Ltd bought a new stake in shares of W.W. Grainger during the 2nd quarter worth about $410,000. Sei Investments Co. raised its holdings in W.W. Grainger by 6.0% during the second quarter. Sei Investments Co. now owns 22,699 shares of the industrial products company’s stock worth $20,479,000 after purchasing an additional 1,281 shares in the last quarter. Frank Rimerman Advisors LLC lifted its position in W.W. Grainger by 7,800.0% in the second quarter. Frank Rimerman Advisors LLC now owns 237 shares of the industrial products company’s stock worth $214,000 after purchasing an additional 234 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in W.W. Grainger by 58.8% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 8,476 shares of the industrial products company’s stock valued at $7,647,000 after purchasing an additional 3,139 shares in the last quarter. Finally, Sfmg LLC increased its position in shares of W.W. Grainger by 14.4% during the 2nd quarter. Sfmg LLC now owns 230 shares of the industrial products company’s stock valued at $208,000 after purchasing an additional 29 shares during the period. 80.70% of the stock is currently owned by institutional investors.

Insider Activity at W.W. Grainger

In other news, VP Laurie R. Thomson sold 125 shares of the stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $1,206.03, for a total transaction of $150,753.75. Following the transaction, the vice president now owns 675 shares in the company, valued at $814,070.25. This represents a 15.63 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Paige K. Robbins sold 9,577 shares of the firm’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $1,117.84, for a total transaction of $10,705,553.68. Following the transaction, the vice president now owns 4,379 shares in the company, valued at $4,895,021.36. This represents a 68.62 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,406 shares of company stock valued at $11,634,643. Insiders own 9.50% of the company’s stock.

W.W. Grainger Stock Down 0.2 %

Shares of W.W. Grainger stock opened at $1,120.63 on Friday. The company has a current ratio of 2.59, a quick ratio of 1.68 and a debt-to-equity ratio of 0.59. W.W. Grainger, Inc. has a 1 year low of $868.53 and a 1 year high of $1,227.66. The stock has a 50-day moving average price of $1,126.79 and a 200 day moving average price of $1,056.43. The company has a market cap of $54.57 billion, a P/E ratio of 30.38, a P/E/G ratio of 2.88 and a beta of 1.18.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings results on Thursday, October 31st. The industrial products company reported $9.87 EPS for the quarter, missing the consensus estimate of $9.98 by ($0.11). The company had revenue of $4.39 billion for the quarter, compared to analyst estimates of $4.40 billion. W.W. Grainger had a return on equity of 51.78% and a net margin of 10.80%. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $9.43 earnings per share. As a group, analysts expect that W.W. Grainger, Inc. will post 38.95 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Sunday, December 1st. Investors of record on Monday, November 11th were issued a dividend of $2.05 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $8.20 annualized dividend and a dividend yield of 0.73%. W.W. Grainger’s dividend payout ratio is 22.23%.

Analyst Ratings Changes

GWW has been the subject of several research reports. Northcoast Research began coverage on W.W. Grainger in a research note on Tuesday, October 29th. They set a “neutral” rating for the company. StockNews.com downgraded shares of W.W. Grainger from a “buy” rating to a “hold” rating in a report on Thursday, December 19th. Morgan Stanley raised 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 report on Tuesday, November 19th. Loop Capital upped their price target on W.W. Grainger from $900.00 to $1,100.00 and gave the company a “hold” rating in a report on Monday, October 21st. Finally, Robert W. Baird raised W.W. Grainger from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $975.00 to $1,230.00 in a research note on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $1,140.56.

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.