Achmea Investment Management B.V. increased its stake in W.W. Grainger, Inc. (NYSE:GWW) by 4.1% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,457 shares of the industrial products company’s stock after buying an additional 408 shares during the period. Achmea Investment Management B.V.’s holdings in W.W. Grainger were worth $1,878,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in shares of W.W. Grainger by 2.0% in the 2nd quarter. Vanguard Group Inc. now owns 5,549,453 shares of the industrial products company’s stock worth $1,001,844,000 after buying an additional 111,244 shares during the last quarter. Longview Partners Guernsey LTD grew its stake in shares of W.W. Grainger by 33.2% in the 3rd quarter. Longview Partners Guernsey LTD now owns 5,001,477 shares of the industrial products company’s stock worth $899,015,000 after buying an additional 1,245,771 shares during the last quarter. BlackRock Inc. grew its stake in shares of W.W. Grainger by 1.7% in the 2nd quarter. BlackRock Inc. now owns 3,476,970 shares of the industrial products company’s stock worth $627,699,000 after buying an additional 59,673 shares during the last quarter. State Street Corp grew its stake in shares of W.W. Grainger by 5.4% in the 2nd quarter. State Street Corp now owns 3,251,383 shares of the industrial products company’s stock worth $586,971,000 after buying an additional 165,293 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in W.W. Grainger by 20.0% during the 2nd quarter. Northern Trust Corp now owns 1,288,602 shares of the industrial products company’s stock valued at $232,633,000 after purchasing an additional 214,775 shares during the last quarter. Institutional investors own 85.21% of the company’s stock.

W.W. Grainger, Inc. (GWW) traded up $5.20 during mid-day trading on Thursday, hitting $216.77. The stock had a trading volume of 1,262,500 shares, compared to its average volume of 944,630. The stock has a market cap of $12,350.00, a P/E ratio of 19.29, a P/E/G ratio of 2.04 and a beta of 0.77. W.W. Grainger, Inc. has a 52-week low of $155.00 and a 52-week high of $262.71. The company has a current ratio of 2.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.19.

W.W. Grainger (NYSE:GWW) last announced its earnings results on Tuesday, October 17th. The industrial products company reported $2.90 EPS for the quarter, topping the Zacks’ consensus estimate of $2.56 by $0.34. W.W. Grainger had a return on equity of 34.25% and a net margin of 4.83%. The company had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.65 billion. During the same period last year, the firm earned $3.06 EPS. W.W. Grainger’s revenue for the quarter was up 1.5% compared to the same quarter last year. sell-side analysts expect that W.W. Grainger, Inc. will post 10.71 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Monday, November 13th will be issued a $1.28 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $5.12 dividend on an annualized basis and a yield of 2.36%. W.W. Grainger’s dividend payout ratio is currently 60.74%.

Several analysts have commented on GWW shares. Oppenheimer reiterated a “buy” rating and set a $245.00 target price on shares of W.W. Grainger in a research note on Monday, November 13th. Wells Fargo & Company set a $210.00 target price on W.W. Grainger and gave the company a “hold” rating in a research note on Wednesday, October 18th. KeyCorp reiterated a “hold” rating on shares of W.W. Grainger in a research note on Monday, November 13th. BMO Capital Markets reiterated a “market perform” rating and set a $178.00 target price (up from $165.00) on shares of W.W. Grainger in a research note on Monday, October 9th. Finally, Atlantic Securities upgraded W.W. Grainger from an “underweight” rating to a “neutral” rating in a research note on Thursday, October 19th. Seven equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has given a buy rating to the company’s stock. W.W. Grainger has a consensus rating of “Hold” and an average price target of $191.23.

In related news, VP Eric R. Tapia sold 190 shares of the firm’s stock in a transaction on Friday, October 20th. The stock was sold at an average price of $208.26, for a total value of $39,569.40. Following the transaction, the vice president now directly owns 3,748 shares of the company’s stock, valued at approximately $780,558.48. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Paige K. Robbins sold 346 shares of the firm’s stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $202.31, for a total value of $69,999.26. Following the completion of the transaction, the vice president now directly owns 8,400 shares in the company, valued at $1,699,404. The disclosure for this sale can be found here. 9.60% of the stock is currently owned by company insiders.

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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.

Institutional Ownership by Quarter for W.W. Grainger (NYSE:GWW)

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