Bank of Hawaii purchased a new stake in W W Grainger Inc (NYSE:GWW) in the 4th quarter, Holdings Channel reports. The fund purchased 2,020 shares of the industrial products company’s stock, valued at approximately $477,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Tredje AP fonden raised its holdings in W W Grainger by 32.2% in the 3rd quarter. Tredje AP fonden now owns 3,450 shares of the industrial products company’s stock valued at $620,000 after acquiring an additional 840 shares during the last quarter. MU Investments Co. Ltd. raised its holdings in W W Grainger by 29.2% in the 4th quarter. MU Investments Co. Ltd. now owns 24,800 shares of the industrial products company’s stock valued at $5,901,000 after acquiring an additional 5,600 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in W W Grainger by 4.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 12,728 shares of the industrial products company’s stock valued at $3,007,000 after acquiring an additional 550 shares during the last quarter. Pinebridge Investments L.P. raised its holdings in W W Grainger by 47.1% in the 3rd quarter. Pinebridge Investments L.P. now owns 5,128 shares of the industrial products company’s stock valued at $921,000 after acquiring an additional 1,642 shares during the last quarter. Finally, TD Asset Management Inc. increased its holdings in shares of W W Grainger by 13.8% during the 3rd quarter. TD Asset Management Inc. now owns 476,761 shares of the industrial products company’s stock worth $85,698,000 after buying an additional 57,957 shares during the last quarter. Institutional investors own 82.29% of the company’s stock.
In related news, VP Eric R. Tapia sold 100 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $266.06, for a total value of $26,606.00. Following the completion of the sale, the vice president now directly owns 3,563 shares in the company, valued at approximately $947,971.78. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP John L. Howard sold 21,000 shares of the stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $220.56, for a total value of $4,631,760.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 30,258 shares of company stock valued at $6,790,898. 9.60% of the stock is owned by insiders.
Shares of W W Grainger Inc (NYSE GWW) opened at $266.19 on Monday. W W Grainger Inc has a twelve month low of $155.00 and a twelve month high of $298.14. The stock has a market capitalization of $14,994.22, a price-to-earnings ratio of 26.57, a P/E/G ratio of 1.99 and a beta of 0.88. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.13 and a quick ratio of 1.18.
W W Grainger (NYSE:GWW) last announced its quarterly earnings results on Wednesday, January 24th. The industrial products company reported $2.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.18 by $0.76. W W Grainger had a return on equity of 35.76% and a net margin of 5.62%. The firm had revenue of $2.63 billion during the quarter, compared to the consensus estimate of $2.57 billion. During the same period in the prior year, the firm earned $2.45 EPS. The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. equities analysts anticipate that W W Grainger Inc will post 13.81 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Monday, February 12th will be issued a $1.28 dividend. The ex-dividend date is Friday, February 9th. This represents a $5.12 annualized dividend and a yield of 1.92%. W W Grainger’s dividend payout ratio is currently 51.10%.
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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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