Sawyer & Company Inc Buys Shares of 4,355 W W Grainger Inc (GWW)

Sawyer & Company Inc bought a new position in W W Grainger Inc (NYSE:GWW) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 4,355 shares of the industrial products company’s stock, valued at approximately $1,029,000.

Other large investors also recently bought and sold shares of the company. Exane Derivatives purchased a new stake in shares of W W Grainger in the 3rd quarter worth about $101,000. Westside Investment Management Inc. purchased a new stake in shares of W W Grainger in the 3rd quarter worth about $107,000. Salem Investment Counselors Inc. lifted its position in shares of W W Grainger by 1.0% in the 2nd quarter. Salem Investment Counselors Inc. now owns 606 shares of the industrial products company’s stock worth $109,000 after purchasing an additional 6 shares during the period. Fieldpoint Private Securities LLC purchased a new stake in shares of W W Grainger in the 3rd quarter worth about $133,000. Finally, Legacy Advisors LLC purchased a new stake in shares of W W Grainger in the 3rd quarter worth about $198,000. 85.02% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently commented on GWW shares. Zacks Investment Research cut shares of W W Grainger from a “hold” rating to a “sell” rating in a research report on Tuesday, September 19th. Morgan Stanley reaffirmed an “underweight” rating and issued a $178.00 target price (up from $172.00) on shares of W W Grainger in a research report on Monday, October 2nd. BMO Capital Markets reaffirmed a “market perform” rating and issued a $178.00 target price (up from $165.00) on shares of W W Grainger in a research report on Monday, October 9th. Royal Bank of Canada raised their target price on shares of W W Grainger from $145.00 to $146.00 and gave the stock an “underperform” rating in a research report on Wednesday, October 18th. Finally, Wells Fargo & Co set a $210.00 price target on shares of W W Grainger and gave the company a “hold” rating in a research report on Wednesday, October 18th. Seven equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $195.77.

W W Grainger Inc (NYSE GWW) traded up $5.97 during trading hours on Thursday, reaching $237.72. 677,424 shares of the company’s stock were exchanged, compared to its average volume of 830,614. The company has a market cap of $13,550.00, a price-to-earnings ratio of 28.20, a P/E/G ratio of 2.22 and a beta of 0.82. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.28 and a current ratio of 2.28. W W Grainger Inc has a 1-year low of $155.00 and a 1-year high of $262.71.

W W Grainger (NYSE:GWW) last released its quarterly earnings data on Tuesday, October 17th. The industrial products company reported $2.90 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.34. The business had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.65 billion. W W Grainger had a net margin of 4.83% and a return on equity of 34.25%. W W Grainger’s revenue was up 1.5% compared to the same quarter last year. During the same period last year, the business earned $3.06 EPS. sell-side analysts anticipate that W W Grainger Inc will post 10.71 EPS for the current fiscal year.

In other W W Grainger news, VP Paige K. Robbins sold 346 shares of the firm’s stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $202.31, for a total transaction of $69,999.26. Following the completion of the sale, the vice president now directly owns 8,400 shares in the company, valued at approximately $1,699,404. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP John L. Howard sold 21,000 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $220.56, for a total transaction of $4,631,760.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 21,536 shares of company stock valued at $4,741,329. 9.60% of the stock is owned by company insiders.

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W W Grainger Company Profile

W.W. Grainger, Inc (Grainger) is a distributor of maintenance, repair and operating (MRO) supplies and other related products and services. The Company offers its products and services to businesses and institutions in the United States and Canada, with presence also in Europe, Asia and Latin America.

Institutional Ownership by Quarter for W W Grainger (NYSE:GWW)

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