Compass Capital Management Inc. raised its position in W W Grainger Inc (NYSE:GWW) by 3.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 86,250 shares of the company’s stock after buying an additional 2,792 shares during the period. W W Grainger accounts for about 3.7% of Compass Capital Management Inc.’s portfolio, making the stock its 19th largest position. Compass Capital Management Inc.’s holdings in W W Grainger were worth $19,600,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the company. QUANTRES ASSET MANAGEMENT Ltd acquired a new position in W W Grainger during the second quarter worth approximately $205,000. Cypress Wealth Advisors LLC acquired a new position in W W Grainger during the first quarter worth approximately $225,000. Atria Investments LLC acquired a new position in W W Grainger during the second quarter worth approximately $239,000. Charter Trust Co. increased its position in W W Grainger by 14.1% in the second quarter. Charter Trust Co. now owns 1,114 shares of the company’s stock worth $254,000 after buying an additional 138 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC acquired a new position in W W Grainger during the first quarter worth approximately $257,000. 82.63% of the stock is owned by institutional investors.
W W Grainger Inc (NYSE:GWW) traded up 0.80% on Monday, reaching $226.64. 419,001 shares of the company traded hands. The stock has a market capitalization of $13.69 billion, a PE ratio of 20.61 and a beta of 0.81. The firm has a 50 day moving average of $226.22 and a 200-day moving average of $226.41. W W Grainger Inc has a one year low of $176.85 and a one year high of $239.95.
W W Grainger (NYSE:GWW) last announced its quarterly earnings data on Tuesday, July 19th. The company reported $2.89 EPS for the quarter, missing the consensus estimate of $3.17 by $0.28. The company had revenue of $2.60 million for the quarter, compared to analyst estimates of $2.58 billion. W W Grainger had a return on equity of 31.26% and a net margin of 6.91%. During the same period last year, the business earned $3.27 EPS. On average, analysts anticipate that W W Grainger Inc will post $11.54 EPS for the current year.
GWW has been the subject of a number of analyst reports. BMO Capital Markets reduced their price objective on shares of W W Grainger from $300.00 to $270.00 and set a “buy” rating for the company in a report on Wednesday, July 20th. Barclays PLC lifted their price target on shares of W W Grainger from $209.00 to $213.00 and gave the company an “equal weight” rating in a report on Monday, July 18th. Zacks Investment Research raised shares of W W Grainger from a “sell” rating to a “hold” rating in a report on Tuesday, September 20th. Wells Fargo & Co. reissued a “hold” rating on shares of W W Grainger in a report on Sunday, September 4th. Finally, Credit Suisse Group AG started coverage on shares of W W Grainger in a report on Friday, June 17th. They set a “neutral” rating and a $222.00 price target for the company. Six analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $228.75.
In other news, VP Joseph C. High sold 1,722 shares of the firm’s stock in a transaction that occurred on Tuesday, July 26th. The shares were sold at an average price of $220.00, for a total transaction of $378,840.00. Following the completion of the sale, the vice president now owns 7,531 shares of the company’s stock, valued at approximately $1,656,820. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 9.60% of the company’s stock.
W W Grainger Company Profile
W.W. Grainger, Inc (Grainger) is a distributor of maintenance, repair and operating (MRO) supplies and other related products and services. The Company offers its products and services to businesses and institutions in the United States and Canada, with presence also in Europe, Asia and Latin America.
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