202 Shares in W.W. Grainger, Inc. (NYSE:GWW) Bought by Heritage Oak Wealth Advisors LLC

Heritage Oak Wealth Advisors LLC acquired a new stake in shares of W.W. Grainger, Inc. (NYSE:GWW) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 202 shares of the industrial products company’s stock, valued at approximately $213,000.

Several other large investors have also recently made changes to their positions in GWW. Proficio Capital Partners LLC bought a new position in shares of W.W. Grainger during the 4th quarter valued at $175,000. Oppenheimer & Co. Inc. boosted its position in W.W. Grainger by 0.3% during the fourth quarter. Oppenheimer & Co. Inc. now owns 4,828 shares of the industrial products company’s stock valued at $5,089,000 after buying an additional 13 shares during the period. Oppenheimer Asset Management Inc. grew its stake in shares of W.W. Grainger by 0.4% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 4,102 shares of the industrial products company’s stock valued at $4,324,000 after buying an additional 15 shares during the last quarter. Mn Services Vermogensbeheer B.V. increased its holdings in shares of W.W. Grainger by 2.3% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 17,577 shares of the industrial products company’s stock worth $18,527,000 after buying an additional 400 shares during the period. Finally, New York Life Investment Management LLC lifted its stake in shares of W.W. Grainger by 1.1% in the 4th quarter. New York Life Investment Management LLC now owns 6,587 shares of the industrial products company’s stock valued at $6,943,000 after acquiring an additional 71 shares during the last quarter. 80.70% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. reduced their price target on W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating on the stock in a research report on Monday, February 3rd. StockNews.com lowered shares of W.W. Grainger from a “buy” rating to a “hold” rating in a report on Thursday, December 19th. UBS Group began coverage on shares of W.W. Grainger in a report on Wednesday, November 13th. They issued a “neutral” rating and a $1,280.00 price target on the stock. Royal Bank of Canada lowered their price objective on shares of W.W. Grainger from $1,113.00 to $1,112.00 and set a “sector perform” rating for the company in a research note on Monday, February 3rd. Finally, Morgan Stanley raised their target price on 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. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $1,148.56.

W.W. Grainger Stock Performance

W.W. Grainger stock opened at $1,007.59 on Thursday. W.W. Grainger, Inc. has a fifty-two week low of $874.98 and a fifty-two week high of $1,227.66. The stock has a market cap of $48.58 billion, a price-to-earnings ratio of 26.03, a PEG ratio of 2.70 and a beta of 1.17. The stock’s 50 day simple moving average is $1,065.99 and its two-hundred day simple moving average is $1,073.98. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.49 and a current ratio of 2.49.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings results 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 return on equity of 52.43% and a net margin of 11.12%. During the same period in the previous year, the firm earned $8.33 earnings per share. As a group, analysts expect that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Monday, February 10th will be paid a dividend of $2.05 per share. This represents a $8.20 annualized dividend and a yield of 0.81%. The ex-dividend date is Monday, February 10th. W.W. Grainger’s payout ratio is currently 21.18%.

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.