W.W. Grainger Inc. (NYSE:GWW) shares were up 4.6% during mid-day trading on Thursday . The company traded as high as $230.26 and last traded at $229.89, with a volume of 573,820 shares changing hands. The stock had previously closed at $219.80.

A number of analysts have weighed in on the stock. Credit Suisse Group AG assumed coverage on shares of W.W. Grainger in a research report on Friday, June 17th. They set a “neutral” rating and a $222.00 target price for the company. Deutsche Bank AG reissued a “sell” rating and set a $174.00 target price on shares of W.W. Grainger in a research report on Monday, April 18th. Zacks Investment Research raised shares of W.W. Grainger from a “hold” rating to a “buy” rating and set a $256.00 target price for the company in a research report on Thursday, April 21st. Morgan Stanley reissued a “sell” rating on shares of W.W. Grainger in a research report on Tuesday, April 19th. Finally, BMO Capital Markets reissued a “buy” rating on shares of W.W. Grainger in a research report on Friday, June 10th. Seven investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $224.13.

The firm’s 50-day moving average is $222.59 and its 200 day moving average is $222.81. The company has a market cap of $13.83 billion and a price-to-earnings ratio of 20.82.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings data on Tuesday, July 19th. The company reported $2.89 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $3.17 by $0.28. The business earned $2.60 million during the quarter, compared to analysts’ expectations of $2.58 billion. During the same period in the prior year, the firm earned $3.27 EPS. On average, equities analysts anticipate that W.W. Grainger Inc. will post $11.52 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 1st. Shareholders of record on Monday, August 8th will be given a $1.22 dividend. The ex-dividend date of this dividend is Thursday, August 4th. This represents a $4.88 annualized dividend and a yield of 2.13%.

In other W.W. Grainger news, VP Laura D. Brown sold 1,776 shares of the business’s stock in a transaction that occurred on Tuesday, May 31st. The stock was sold at an average price of $225.61, for a total value of $400,683.36. Following the completion of the sale, the vice president now owns 13,011 shares in the company, valued at $2,935,411.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Joseph C. High sold 1,722 shares of the business’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 value 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 disclosure for this sale can be found here.

Several institutional investors have bought and sold shares of GWW. Bridgewater Associates LP acquired a new position in W.W. Grainger during the fourth quarter valued at about $1,890,000. Nicholas Co. Inc. WI boosted its position in W.W. Grainger by 3.8% in the fourth quarter. Nicholas Co. Inc. WI now owns 325,635 shares of the company’s stock valued at $65,970,000 after buying an additional 12,060 shares during the period. BNP Paribas Arbitrage SA boosted its position in W.W. Grainger by 454.7% in the fourth quarter. BNP Paribas Arbitrage SA now owns 8,820 shares of the company’s stock valued at $1,787,000 after buying an additional 7,230 shares during the period. Birch Hill Investment Advisors LLC boosted its position in W.W. Grainger by 51.5% in the fourth quarter. Birch Hill Investment Advisors LLC now owns 54,321 shares of the company’s stock valued at $11,005,000 after buying an additional 18,470 shares during the period. Finally, Stephens Inc. AR boosted its position in W.W. Grainger by 624.3% in the fourth quarter. Stephens Inc. AR now owns 7,685 shares of the company’s stock valued at $1,557,000 after buying an additional 6,624 shares during the period.

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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