Fielder Capital Group LLC Grows Stock Holdings in W.W. Grainger, Inc. (NYSE:GWW)

Fielder Capital Group LLC lifted its position in W.W. Grainger, Inc. (NYSE:GWW) by 1.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,110 shares of the industrial products company’s stock after acquiring an additional 18 shares during the quarter. Fielder Capital Group LLC’s holdings in W.W. Grainger were worth $1,170,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Iron Horse Wealth Management LLC increased its position in shares of W.W. Grainger by 43.5% in the 4th quarter. Iron Horse Wealth Management LLC now owns 33 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 10 shares during the period. AlphaMark Advisors LLC acquired a new stake in W.W. Grainger in the 4th quarter valued at $37,000. Larson Financial Group LLC grew its position in shares of W.W. Grainger by 111.1% in the third quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 20 shares during the period. Newbridge Financial Services Group Inc. acquired a new position in shares of W.W. Grainger during the 4th quarter worth about $47,000. Finally, Ashton Thomas Securities LLC purchased a new position in W.W. Grainger in the 3rd quarter valued at about $75,000. Hedge funds and other institutional investors own 80.70% of the company’s stock.

W.W. Grainger Stock Up 0.4 %

GWW stock opened at $1,012.26 on Friday. W.W. Grainger, Inc. has a one year low of $874.98 and a one year high of $1,227.66. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.49 and a current ratio of 2.49. The company has a fifty day moving average of $1,064.60 and a 200-day moving average of $1,073.55. The stock has a market capitalization of $48.81 billion, a PE ratio of 26.15, a price-to-earnings-growth ratio of 2.70 and a beta of 1.17.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings data on Friday, January 31st. The industrial products company reported $9.71 earnings per share for the quarter, missing analysts’ consensus estimates of $9.75 by ($0.04). W.W. Grainger had a net margin of 11.12% and a return on equity of 52.43%. During the same period in the previous year, the business posted $8.33 earnings per share. As a group, analysts expect that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Monday, February 10th will be given a $2.05 dividend. 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 21.18%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on GWW shares. StockNews.com cut shares of W.W. Grainger from a “buy” rating to a “hold” rating in a research report on Thursday, December 19th. Royal Bank of Canada dropped their target price 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 report on Monday, February 3rd. JPMorgan Chase & Co. dropped their price objective on shares of W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating for the company in a report on Monday, February 3rd. UBS Group assumed coverage on W.W. Grainger in a report on Wednesday, November 13th. They set a “neutral” rating and a $1,280.00 price target on the stock. Finally, Morgan Stanley raised their price objective on shares of W.W. Grainger from $990.00 to $1,215.00 and gave the company an “equal weight” rating in a report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, W.W. Grainger has an average rating of “Hold” and an average target price of $1,148.56.

W.W. Grainger Company 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.