W.W. Grainger, Inc. (NYSE:GWW) Shares Acquired by Lindbrook Capital LLC

Lindbrook Capital LLC grew its position in W.W. Grainger, Inc. (NYSE:GWW) by 57.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 140 shares of the industrial products company’s stock after acquiring an additional 51 shares during the quarter. Lindbrook Capital LLC’s holdings in W.W. Grainger were worth $116,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of W.W. Grainger in the fourth quarter valued at approximately $30,000. OFI Invest Asset Management acquired a new stake in shares of W.W. Grainger in the third quarter valued at approximately $25,000. Valley National Advisers Inc. acquired a new stake in shares of W.W. Grainger in the fourth quarter valued at approximately $40,000. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of W.W. Grainger in the fourth quarter valued at approximately $45,000. Finally, Friedenthal Financial acquired a new stake in shares of W.W. Grainger during the fourth quarter worth $45,000. 80.70% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently weighed in on GWW. Royal Bank of Canada increased their price target on W.W. Grainger from $809.00 to $907.00 and gave the stock a “sector perform” rating in a report on Monday, February 5th. JPMorgan Chase & Co. increased their price target on W.W. Grainger from $800.00 to $925.00 and gave the stock a “neutral” rating in a report on Tuesday, February 6th. StockNews.com raised W.W. Grainger from a “hold” rating to a “buy” rating in a report on Saturday, March 16th. Oppenheimer increased their price target on W.W. Grainger from $1,075.00 to $1,125.00 and gave the stock an “outperform” rating in a report on Tuesday, March 5th. Finally, UBS Group increased their price target on W.W. Grainger from $740.00 to $1,000.00 and gave the stock a “neutral” rating in a report on Thursday, March 14th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $913.89.

Insider Activity

In other news, VP Paige K. Robbins sold 3,122 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $950.22, for a total value of $2,966,586.84. Following the completion of the transaction, the vice president now owns 4,909 shares in the company, valued at $4,664,629.98. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, VP Paige K. Robbins sold 3,813 shares of W.W. Grainger stock in a transaction dated Thursday, February 29th. The stock was 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 owns 4,909 shares in the company, valued at approximately $4,756,231.92. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Paige K. Robbins sold 3,122 shares of W.W. Grainger stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $950.22, for a total value of $2,966,586.84. Following the sale, the vice president now owns 4,909 shares of the company’s stock, valued at approximately $4,664,629.98. The disclosure for this sale can be found here. Company insiders own 9.50% of the company’s stock.

W.W. Grainger Trading Up 1.5 %

NYSE:GWW opened at $955.79 on Wednesday. The stock has a fifty day moving average price of $979.73 and a two-hundred day moving average price of $871.45. The stock has a market capitalization of $46.96 billion, a price-to-earnings ratio of 26.40, a PEG ratio of 1.85 and a beta of 1.14. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.64 and a current ratio of 2.88. W.W. Grainger, Inc. has a 1 year low of $641.95 and a 1 year high of $1,034.18.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings results on Friday, February 2nd. The industrial products company reported $8.33 earnings per share for the quarter, beating analysts’ consensus estimates of $8.05 by $0.28. W.W. Grainger had a return on equity of 56.54% and a net margin of 11.10%. The business had revenue of $4 billion during the quarter, compared to analysts’ expectations of $4.04 billion. During the same quarter last year, the business posted $7.14 earnings per share. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. As a group, sell-side analysts anticipate that W.W. Grainger, Inc. will post 39.26 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 12th were given a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date was Friday, February 9th. W.W. Grainger’s dividend payout ratio is currently 20.55%.

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.