Venturi Wealth Management LLC Grows Stock Position in W.W. Grainger, Inc. (NYSE:GWW)

Venturi Wealth Management LLC boosted its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 29.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,833 shares of the industrial products company’s stock after purchasing an additional 414 shares during the quarter. Venturi Wealth Management LLC’s holdings in W.W. Grainger were worth $1,932,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. State Street Corp raised its holdings in W.W. Grainger by 2.3% in the third quarter. State Street Corp now owns 1,997,191 shares of the industrial products company’s stock valued at $2,074,702,000 after acquiring an additional 45,369 shares in the last quarter. FMR LLC increased its position in shares of W.W. Grainger by 2.6% in the 3rd quarter. FMR LLC now owns 1,617,149 shares of the industrial products company’s stock valued at $1,679,911,000 after purchasing an additional 40,992 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of W.W. Grainger by 2.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,167,031 shares of the industrial products company’s stock valued at $1,208,610,000 after purchasing an additional 28,626 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of W.W. Grainger by 8.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 546,960 shares of the industrial products company’s stock worth $568,188,000 after purchasing an additional 42,866 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of W.W. Grainger by 4.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 324,367 shares of the industrial products company’s stock worth $336,956,000 after purchasing an additional 12,805 shares in the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

W.W. Grainger Trading Down 0.0 %

Shares of W.W. Grainger stock opened at $1,027.68 on Tuesday. 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 market capitalization of $50.05 billion, a P/E ratio of 26.55, a PEG ratio of 2.75 and a beta of 1.17. W.W. Grainger, Inc. has a 1 year low of $874.98 and a 1 year high of $1,227.66. The company’s fifty day moving average is $1,083.45 and its two-hundred day moving average is $1,072.19.

W.W. Grainger (NYSE:GWW) last released 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 period in the previous year, the business posted $8.33 EPS. Analysts forecast that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Monday, February 10th will be paid a dividend of $2.05 per share. This represents a $8.20 annualized dividend and a dividend yield of 0.80%. The ex-dividend date is Monday, February 10th. W.W. Grainger’s dividend payout ratio (DPR) is presently 21.18%.

Analyst Ratings Changes

A number of brokerages have issued reports on GWW. StockNews.com downgraded W.W. Grainger from a “buy” rating to a “hold” rating in a report on Thursday, December 19th. UBS Group initiated coverage on W.W. Grainger in a research note on Wednesday, November 13th. They set a “neutral” rating and a $1,280.00 target price for the company. JPMorgan Chase & Co. dropped 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 research note on Monday, February 3rd. Loop Capital upped their target price on shares of W.W. Grainger from $900.00 to $1,100.00 and gave the company a “hold” rating in a report on Monday, October 21st. Finally, Morgan Stanley increased their target price on shares of W.W. Grainger from $990.00 to $1,215.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, W.W. Grainger currently has a consensus rating of “Hold” and a consensus 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.