Dynamic Advisor Solutions LLC Has $2.42 Million Holdings in W.W. Grainger, Inc. (NYSE:GWW)

Dynamic Advisor Solutions LLC trimmed its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 2.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,299 shares of the industrial products company’s stock after selling 60 shares during the period. Dynamic Advisor Solutions LLC’s holdings in W.W. Grainger were worth $2,423,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in GWW. Insigneo Advisory Services LLC boosted its position in W.W. Grainger by 25.4% during the second quarter. Insigneo Advisory Services LLC now owns 257 shares of the industrial products company’s stock worth $244,000 after purchasing an additional 52 shares during the period. AQR Capital Management LLC boosted its holdings in shares of W.W. Grainger by 4.3% during the 2nd quarter. AQR Capital Management LLC now owns 62,538 shares of the industrial products company’s stock worth $56,424,000 after buying an additional 2,554 shares during the period. APG Asset Management N.V. raised its holdings in W.W. Grainger by 187.0% in the 2nd quarter. APG Asset Management N.V. now owns 5,065 shares of the industrial products company’s stock valued at $4,264,000 after acquiring an additional 3,300 shares during the period. Daymark Wealth Partners LLC lifted its position in W.W. Grainger by 2.9% during the second quarter. Daymark Wealth Partners LLC now owns 741 shares of the industrial products company’s stock worth $669,000 after acquiring an additional 21 shares during the last quarter. Finally, MBB Public Markets I LLC bought a new stake in shares of W.W. Grainger during the second quarter worth approximately $2,905,000. 80.70% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on GWW shares. Loop Capital increased their target price on W.W. Grainger from $900.00 to $1,100.00 and gave the stock a “hold” rating in a research note on Monday, October 21st. Northcoast Research initiated coverage on shares of W.W. Grainger in a research report on Tuesday, October 29th. They issued a “neutral” rating for the company. Robert W. Baird raised shares of W.W. Grainger from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $975.00 to $1,230.00 in a research report on Wednesday, October 16th. Oppenheimer downgraded shares of W.W. Grainger from an “outperform” rating to a “market perform” rating in a report on Thursday, October 17th. Finally, Bank of America assumed coverage on shares of W.W. Grainger in a report on Monday, October 7th. They set an “underperform” rating and a $925.00 target price on the stock. 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 given a strong buy rating to the company. According to MarketBeat, W.W. Grainger presently has a consensus rating of “Hold” and an average target price of $1,140.56.

Insiders Place Their Bets

In related news, VP Paige K. Robbins sold 9,577 shares of W.W. Grainger stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $1,117.84, for a total transaction of $10,705,553.68. Following the sale, the vice president now directly owns 4,379 shares in the company, valued at $4,895,021.36. This trade represents a 68.62 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Laurie R. Thomson sold 125 shares of the company’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $1,206.03, for a total transaction of $150,753.75. Following the completion of the transaction, the vice president now owns 675 shares of the company’s stock, valued at approximately $814,070.25. This trade represents a 15.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,406 shares of company stock valued at $11,634,643. 9.50% of the stock is currently owned by insiders.

W.W. Grainger Trading Up 0.1 %

Shares of GWW opened at $1,122.01 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.68 and a current ratio of 2.59. W.W. Grainger, Inc. has a 52-week low of $870.99 and a 52-week high of $1,227.66. The firm has a market cap of $54.64 billion, a price-to-earnings ratio of 30.41, a PEG ratio of 2.88 and a beta of 1.18. The business’s fifty day moving average is $1,125.67 and its 200-day moving average is $1,058.89.

W.W. Grainger (NYSE:GWW) last released its earnings results on Thursday, October 31st. The industrial products company reported $9.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.98 by ($0.11). The business had revenue of $4.39 billion during the quarter, compared to the consensus estimate of $4.40 billion. W.W. Grainger had a net margin of 10.80% and a return on equity of 51.78%. The business’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $9.43 EPS. Equities analysts anticipate that W.W. Grainger, Inc. will post 38.95 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Sunday, December 1st. Shareholders of record on Monday, November 11th were given a $2.05 dividend. The ex-dividend date was Friday, November 8th. This represents a $8.20 dividend on an annualized basis and a yield of 0.73%. W.W. Grainger’s dividend payout ratio is currently 22.23%.

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.