W W Grainger Inc (GWW) VP Laura D. Brown Sells 9,158 Shares

W W Grainger Inc (NYSE:GWW) VP Laura D. Brown sold 9,158 shares of the business’s stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $232.86, for a total transaction of $2,132,531.88. Following the transaction, the vice president now owns 16,893 shares of the company’s stock, valued at approximately $3,933,703.98. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of W W Grainger Inc (NYSE:GWW) traded down $2.05 during trading on Friday, reaching $235.67. 932,861 shares of the company’s stock were exchanged, compared to its average volume of 793,362. The company has a debt-to-equity ratio of 1.19, a current ratio of 2.28 and a quick ratio of 1.28. W W Grainger Inc has a twelve month low of $155.00 and a twelve month high of $262.71. The firm has a market cap of $13,430.00, a price-to-earnings ratio of 27.96, a price-to-earnings-growth ratio of 2.22 and a beta of 0.82.

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

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

A number of institutional investors have recently modified their holdings of GWW. Longview Partners Guernsey LTD increased its stake in shares of W W Grainger by 33.2% in the third quarter. Longview Partners Guernsey LTD now owns 5,001,477 shares of the industrial products company’s stock worth $899,015,000 after acquiring an additional 1,245,771 shares during the period. Ameriprise Financial Inc. increased its stake in shares of W W Grainger by 224.7% in the third quarter. Ameriprise Financial Inc. now owns 1,225,728 shares of the industrial products company’s stock worth $220,325,000 after acquiring an additional 848,192 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of W W Grainger by 1,082.1% in the second quarter. The Manufacturers Life Insurance Company now owns 904,298 shares of the industrial products company’s stock worth $163,253,000 after acquiring an additional 827,796 shares during the period. Koch Industries Inc. increased its stake in shares of W W Grainger by 27,293.0% in the second quarter. Koch Industries Inc. now owns 471,433 shares of the industrial products company’s stock worth $469,000 after acquiring an additional 469,712 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of W W Grainger by 81.0% in the third quarter. Bank of New York Mellon Corp now owns 730,951 shares of the industrial products company’s stock worth $131,388,000 after acquiring an additional 327,085 shares during the period. Institutional investors and hedge funds own 85.02% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for W W Grainger (NYSE:GWW)

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