Sei Investments Co. Sells 4,014 Shares of W.W. Grainger, Inc. (NYSE:GWW)

Sei Investments Co. decreased its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 12.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,457 shares of the industrial products company’s stock after selling 4,014 shares during the quarter. Sei Investments Co. owned 0.06% of W.W. Grainger worth $29,994,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Cyrus J. Lawrence LLC bought a new position in shares of W.W. Grainger during the fourth quarter worth approximately $31,000. Iron Horse Wealth Management LLC increased its stake in W.W. Grainger by 43.5% during the 4th quarter. Iron Horse Wealth Management LLC now owns 33 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 10 shares during the period. AlphaMark Advisors LLC acquired a new position in W.W. Grainger in the 4th quarter valued at $37,000. Larson Financial Group LLC lifted its position in shares of W.W. Grainger by 111.1% during the 3rd quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 20 shares during the period. Finally, OFI Invest Asset Management bought a new stake in shares of W.W. Grainger during the 4th quarter valued at $42,000. Institutional investors own 80.70% of the company’s stock.

W.W. Grainger Trading Down 0.2 %

Shares of GWW stock opened at $989.47 on Wednesday. The stock’s fifty day simple moving average is $1,034.72 and its 200 day simple moving average is $1,077.68. W.W. Grainger, Inc. has a twelve month low of $874.98 and a twelve month high of $1,227.66. The firm has a market capitalization of $47.71 billion, a P/E ratio of 25.56, a P/E/G ratio of 2.70 and a beta of 1.18. The company has a quick ratio of 1.49, a current ratio of 2.49 and a debt-to-equity ratio of 0.62.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings data on Friday, January 31st. The industrial products company reported $9.71 earnings per share for the quarter, missing the consensus estimate 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 in the prior year, the firm posted $8.33 earnings per share. As a group, sell-side analysts predict that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

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 0.83%. W.W. Grainger’s dividend payout ratio (DPR) is currently 21.18%.

Analyst Ratings Changes

GWW has been the topic of a number of recent analyst reports. StockNews.com cut 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 research report on Monday, February 3rd. William Blair raised shares of W.W. Grainger from a “market perform” rating to an “outperform” rating in a report on Monday, March 10th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating on the stock in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $1,151.50.

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.