Creative Financial Designs Inc. ADV Has $894,000 Stock Position in W.W. Grainger, Inc. (NYSE:GWW)

Creative Financial Designs Inc. ADV lessened its position in shares of W.W. Grainger, Inc. (NYSE:GWW) by 9.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 848 shares of the industrial products company’s stock after selling 90 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in W.W. Grainger were worth $894,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new stake in W.W. Grainger in the 3rd quarter valued at $848,000. Trust Co. of Toledo NA OH raised its position in shares of W.W. Grainger by 313.3% during the fourth quarter. Trust Co. of Toledo NA OH now owns 1,521 shares of the industrial products company’s stock worth $1,603,000 after acquiring an additional 1,153 shares during the last quarter. Clark & Stuart Inc acquired a new stake in shares of W.W. Grainger during the fourth quarter worth $1,741,000. Empowered Funds LLC grew its stake in shares of W.W. Grainger by 27.0% during the third quarter. Empowered Funds LLC now owns 2,226 shares of the industrial products company’s stock worth $2,312,000 after purchasing an additional 473 shares during the period. Finally, Toronto Dominion Bank grew its stake in shares of W.W. Grainger by 72.6% during the third quarter. Toronto Dominion Bank now owns 22,045 shares of the industrial products company’s stock worth $22,901,000 after purchasing an additional 9,270 shares during the period. Institutional investors and hedge funds own 80.70% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Morgan Stanley boosted their target price on W.W. Grainger from $990.00 to $1,215.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 19th. William Blair raised W.W. Grainger from a “market perform” rating to an “outperform” rating in a research report on Monday, March 10th. JPMorgan Chase & Co. dropped their target price on 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. Royal Bank of Canada dropped their target price on 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. Finally, StockNews.com lowered W.W. Grainger from a “buy” rating to a “hold” rating in a research note on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $1,151.50.

W.W. Grainger Trading Up 1.0 %

Shares of NYSE:GWW opened at $977.11 on Tuesday. The company has a market capitalization of $47.11 billion, a P/E ratio of 25.24, a P/E/G ratio of 2.70 and a beta of 1.18. W.W. Grainger, Inc. has a 1 year low of $874.98 and a 1 year 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 business’s 50 day simple moving average is $1,045.32 and its 200 day simple moving average is $1,076.86.

W.W. Grainger (NYSE:GWW) last issued its earnings results on Friday, January 31st. The industrial products company reported $9.71 earnings per share 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 period last year, the company posted $8.33 earnings per share. On average, research analysts anticipate that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Monday, February 10th were issued a $2.05 dividend. This represents a $8.20 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date was Monday, February 10th. W.W. Grainger’s dividend payout ratio is presently 21.18%.

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.