W.W. Grainger, Inc. (NYSE:GWW) Shares Acquired by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC grew its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 19.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 625 shares of the industrial products company’s stock after purchasing an additional 102 shares during the quarter. Fidelis Capital Partners LLC’s holdings in W.W. Grainger were worth $518,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Ritholtz Wealth Management boosted its position in W.W. Grainger by 2.8% during the fourth quarter. Ritholtz Wealth Management now owns 436 shares of the industrial products company’s stock worth $361,000 after acquiring an additional 12 shares during the last quarter. CI Investments Inc. boosted its position in W.W. Grainger by 2.9% during the third quarter. CI Investments Inc. now owns 489 shares of the industrial products company’s stock worth $338,000 after acquiring an additional 14 shares during the last quarter. Tsfg LLC boosted its position in W.W. Grainger by 26.9% during the fourth quarter. Tsfg LLC now owns 66 shares of the industrial products company’s stock worth $55,000 after acquiring an additional 14 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in W.W. Grainger by 1.6% during the third quarter. Sequoia Financial Advisors LLC now owns 927 shares of the industrial products company’s stock worth $641,000 after acquiring an additional 15 shares during the last quarter. Finally, Quent Capital LLC raised its stake in W.W. Grainger by 5.0% during the fourth quarter. Quent Capital LLC now owns 314 shares of the industrial products company’s stock worth $261,000 after purchasing an additional 15 shares during the period. 80.70% of the stock is currently owned by institutional investors and hedge funds.

W.W. Grainger Stock Down 0.0 %

GWW stock traded down $0.29 during mid-day trading on Friday, hitting $937.25. 39,775 shares of the company were exchanged, compared to its average volume of 227,710. The company has a market capitalization of $46.05 billion, a PE ratio of 25.91, a price-to-earnings-growth ratio of 1.86 and a beta of 1.14. The company has a current ratio of 2.88, a quick ratio of 1.64 and a debt-to-equity ratio of 0.66. W.W. Grainger, Inc. has a twelve month low of $641.95 and a twelve month high of $1,034.18. The firm has a fifty day simple moving average of $979.76 and a 200 day simple moving average of $863.92.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings data on Friday, February 2nd. The industrial products company reported $8.33 earnings per share for the quarter, topping the consensus estimate of $8.05 by $0.28. W.W. Grainger had a net margin of 11.10% and a return on equity of 56.54%. The company had revenue of $4 billion during the quarter, compared to analyst estimates of $4.04 billion. During the same period last year, the business earned $7.14 EPS. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. On average, research analysts forecast that W.W. Grainger, Inc. will post 39.26 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 12th were issued a $1.86 dividend. This represents a $7.44 annualized dividend and a dividend yield of 0.79%. The ex-dividend date was Friday, February 9th. W.W. Grainger’s dividend payout ratio (DPR) is presently 20.55%.

Insider Activity

In other W.W. Grainger news, VP Paige K. Robbins sold 3,813 shares of the business’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $968.88, for a total transaction of $3,694,339.44. Following the completion of the transaction, the vice president now directly owns 4,909 shares of the company’s stock, valued at approximately $4,756,231.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other W.W. Grainger news, VP Paige K. Robbins sold 3,122 shares of the business’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $950.22, for a total transaction of $2,966,586.84. Following the completion of the transaction, the vice president now directly owns 4,909 shares of the company’s stock, valued at approximately $4,664,629.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Paige K. Robbins sold 3,813 shares of the business’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $968.88, for a total transaction of $3,694,339.44. Following the transaction, the vice president now directly owns 4,909 shares of the company’s stock, valued at $4,756,231.92. The disclosure for this sale can be found here. Company insiders own 9.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on GWW shares. Stephens increased their price target on shares of W.W. Grainger from $775.00 to $1,000.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 6th. Oppenheimer increased their price target on shares of W.W. Grainger from $1,075.00 to $1,125.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 5th. Royal Bank of Canada increased their price target on shares of W.W. Grainger from $809.00 to $907.00 and gave the stock a “sector perform” rating in a research note on Monday, February 5th. StockNews.com raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research note on Saturday, March 16th. Finally, UBS Group lifted their price target on shares of W.W. Grainger from $740.00 to $1,000.00 and gave the stock a “neutral” rating in a research note on Thursday, March 14th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $913.89.

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.