Werba Rubin Papier Wealth Management Takes $205,000 Position in W.W. Grainger, Inc. (NYSE:GWW)

Werba Rubin Papier Wealth Management purchased a new stake in W.W. Grainger, Inc. (NYSE:GWW) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 197 shares of the industrial products company’s stock, valued at approximately $205,000.

A number of other large investors also recently bought and sold shares of the business. Valued Wealth Advisors LLC raised its stake in shares of W.W. Grainger by 170.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 27 shares of the industrial products company’s stock worth $27,000 after buying an additional 17 shares during the period. HWG Holdings LP acquired a new position in W.W. Grainger during the second quarter worth $26,000. Washington Trust Advisors Inc. lifted its holdings in W.W. Grainger by 225.0% during the first quarter. Washington Trust Advisors Inc. now owns 39 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 27 shares in the last quarter. Headlands Technologies LLC acquired a new stake in shares of W.W. Grainger in the first quarter valued at about $41,000. Finally, Triad Wealth Partners LLC purchased a new stake in shares of W.W. Grainger during the second quarter worth about $42,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Stock Up 0.7 %

Shares of NYSE GWW opened at $1,127.00 on Monday. The company has a market capitalization of $55.30 billion, a P/E ratio of 31.12, a P/E/G ratio of 2.88 and a beta of 1.16. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.30 and a quick ratio of 1.40. The company has a 50 day simple moving average of $1,008.79 and a 200-day simple moving average of $964.03. W.W. Grainger, Inc. has a 1 year low of $674.41 and a 1 year high of $1,128.52.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings results on Thursday, August 1st. The industrial products company reported $9.76 EPS for the quarter, beating the consensus estimate of $9.58 by $0.18. The business had revenue of $4.31 billion for the quarter, compared to analyst estimates of $4.35 billion. W.W. Grainger had a return on equity of 53.25% and a net margin of 10.86%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $9.28 EPS. On average, equities research analysts predict that W.W. Grainger, Inc. will post 38.65 earnings per share for the current year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, September 1st. Stockholders of record on Monday, August 12th were paid a $2.05 dividend. This represents a $8.20 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date of this dividend was Monday, August 12th. W.W. Grainger’s dividend payout ratio (DPR) is 22.64%.

Insiders Place Their Bets

In other news, CEO Donald G. Macpherson sold 12,992 shares of W.W. Grainger stock in a transaction on Monday, September 30th. The stock was sold at an average price of $1,037.68, for a total value of $13,481,538.56. Following the completion of the sale, the chief executive officer now directly owns 98,567 shares of the company’s stock, valued at approximately $102,281,004.56. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, CEO Donald G. Macpherson sold 12,992 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The shares were sold at an average price of $1,037.68, for a total value of $13,481,538.56. Following the completion of the transaction, the chief executive officer now owns 98,567 shares of the company’s stock, valued at approximately $102,281,004.56. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Donald G. Macpherson sold 27,502 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $1,000.82, for a total transaction of $27,524,551.64. Following the sale, the chief executive officer now directly owns 111,559 shares in the company, valued at approximately $111,650,478.38. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 9.50% of the stock is owned by insiders.

Analysts Set New Price Targets

GWW has been the topic of a number of research reports. Baird R W raised shares of W.W. Grainger from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 16th. JPMorgan Chase & Co. raised their target price on W.W. Grainger from $1,000.00 to $1,015.00 and gave the company a “neutral” rating in a research report on Friday, August 2nd. Bank of America assumed coverage on W.W. Grainger in a research report on Monday, October 7th. They set an “underperform” rating and a $925.00 price target for the company. Robert W. Baird upgraded W.W. Grainger from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $975.00 to $1,230.00 in a report on Wednesday, October 16th. Finally, Wolfe Research raised shares of W.W. Grainger to a “hold” rating in a report on Sunday, September 22nd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, W.W. Grainger presently has an average rating of “Hold” and a consensus target price of $1,030.70.

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.