Signaturefd LLC Has $1.26 Million Position in W.W. Grainger, Inc. (NYSE:GWW)

Signaturefd LLC grew its position in W.W. Grainger, Inc. (NYSE:GWW) by 1.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,194 shares of the industrial products company’s stock after buying an additional 14 shares during the quarter. Signaturefd LLC’s holdings in W.W. Grainger were worth $1,258,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in GWW. Iron Horse Wealth Management LLC raised 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 buying an additional 10 shares in the last quarter. AlphaMark Advisors LLC acquired a new position in shares of W.W. Grainger in the 4th quarter valued at approximately $37,000. Larson Financial Group LLC raised its position in shares of W.W. Grainger by 111.1% in the 3rd quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company’s stock valued at $40,000 after buying an additional 20 shares in the last quarter. OFI Invest Asset Management bought a new stake in shares of W.W. Grainger during the 4th quarter valued at approximately $42,000. Finally, Atala Financial Inc bought a new stake in shares of W.W. Grainger during the 4th quarter valued at approximately $43,000. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

GWW has been the topic of several research reports. JPMorgan Chase & Co. decreased their price target on shares of W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating on the stock in a report on Monday, February 3rd. StockNews.com lowered shares of W.W. Grainger from a “buy” rating to a “hold” rating in a report on Thursday, December 19th. William Blair raised shares of W.W. Grainger from a “market perform” rating to an “outperform” rating in a report on Monday, March 10th. Morgan Stanley lifted their price target 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. Finally, Royal Bank of Canada decreased their price target on shares of W.W. Grainger from $1,113.00 to $1,112.00 and set a “sector perform” rating on the stock in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $1,151.50.

W.W. Grainger Trading Down 0.3 %

GWW opened at $974.12 on Wednesday. The firm has a market capitalization of $46.97 billion, a price-to-earnings ratio of 25.16, a PEG ratio of 2.70 and a beta of 1.18. W.W. Grainger, Inc. has a fifty-two week low of $874.98 and a fifty-two week high of $1,227.66. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.49 and a quick ratio of 1.49. The company’s 50 day moving average price is $1,043.54 and its two-hundred day moving average price is $1,076.79.

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

W.W. Grainger Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, March 1st. Stockholders of record on Monday, February 10th were given a $2.05 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $8.20 dividend on an annualized basis and a dividend yield of 0.84%. W.W. Grainger’s dividend payout ratio (DPR) is currently 21.18%.

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.