Sage Mountain Advisors LLC Has $336,000 Stock Holdings in W.W. Grainger, Inc. (NYSE:GWW)

Sage Mountain Advisors LLC increased its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW) by 17.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 319 shares of the industrial products company’s stock after acquiring an additional 47 shares during the quarter. Sage Mountain Advisors LLC’s holdings in W.W. Grainger were worth $336,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Dearborn Partners LLC boosted its position in W.W. Grainger by 20.3% during the 4th quarter. Dearborn Partners LLC now owns 296 shares of the industrial products company’s stock worth $312,000 after buying an additional 50 shares during the period. Clare Market Investments LLC bought a new position in W.W. Grainger during the 4th quarter worth approximately $1,001,000. Vista Investment Partners II LLC bought a new position in W.W. Grainger during the 4th quarter worth approximately $1,746,000. Independent Advisor Alliance raised its holdings in W.W. Grainger by 47.7% during the 4th quarter. Independent Advisor Alliance now owns 1,521 shares of the industrial products company’s stock worth $1,604,000 after purchasing an additional 491 shares during the last quarter. Finally, Paragon Private Wealth Management LLC raised its holdings in W.W. Grainger by 10.2% during the 4th quarter. Paragon Private Wealth Management LLC now owns 366 shares of the industrial products company’s stock worth $386,000 after purchasing an additional 34 shares during the last quarter. 80.70% of the stock is currently owned by institutional investors and hedge funds.

W.W. Grainger Stock Performance

Shares of GWW stock opened at $967.57 on Thursday. The firm has a market capitalization of $46.65 billion, a PE ratio of 25.00, a price-to-earnings-growth ratio of 2.70 and a beta of 1.18. The firm has a fifty day simple moving average of $1,050.31 and a two-hundred day simple moving average of $1,076.17. The company has a current ratio of 2.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.62. W.W. Grainger, Inc. has a 12 month low of $874.98 and a 12 month high of $1,227.66.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings results on Friday, January 31st. The industrial products company reported $9.71 EPS 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 quarter in the prior year, the business posted $8.33 EPS. Analysts forecast that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Monday, February 10th were paid a dividend of $2.05 per share. The ex-dividend date was Monday, February 10th. This represents a $8.20 dividend on an annualized basis and a yield of 0.85%. W.W. Grainger’s dividend payout ratio (DPR) is presently 21.18%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Morgan Stanley raised their price target on shares of W.W. Grainger from $990.00 to $1,215.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 19th. StockNews.com lowered shares of W.W. Grainger from a “buy” rating to a “hold” rating in a report on Thursday, December 19th. Royal Bank of Canada lowered their price target 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. lowered their price target 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. Finally, William Blair upgraded shares of W.W. Grainger from a “market perform” rating to an “outperform” rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $1,151.50.

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.