Accident Compensation Corp lifted its stake in shares of W W Grainger Inc (NYSE:GWW) by 7.1% during the 4th quarter, Holdings Channel reports. The firm owned 21,126 shares of the industrial products company’s stock after purchasing an additional 1,400 shares during the quarter. W W Grainger comprises 1.4% of Accident Compensation Corp’s investment portfolio, making the stock its 25th biggest position. Accident Compensation Corp’s holdings in W W Grainger were worth $4,991,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Longview Partners Guernsey LTD boosted its holdings in shares of W W Grainger by 3.1% during the 4th quarter. Longview Partners Guernsey LTD now owns 5,157,790 shares of the industrial products company’s stock worth $1,218,528,000 after purchasing an additional 156,313 shares during the last quarter. Mackenzie Financial Corp boosted its holdings in shares of W W Grainger by 13.0% during the 3rd quarter. Mackenzie Financial Corp now owns 2,103,608 shares of the industrial products company’s stock worth $378,124,000 after purchasing an additional 242,827 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of W W Grainger by 224.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,225,728 shares of the industrial products company’s stock worth $220,325,000 after purchasing an additional 848,192 shares during the last quarter. Neuberger Berman Group LLC boosted its holdings in shares of W W Grainger by 6.1% during the 3rd quarter. Neuberger Berman Group LLC now owns 904,416 shares of the industrial products company’s stock worth $162,569,000 after purchasing an additional 51,995 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of W W Grainger by 81.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 730,951 shares of the industrial products company’s stock worth $131,388,000 after purchasing an additional 327,085 shares during the last quarter. Institutional investors and hedge funds own 85.92% of the company’s stock.

Several research analysts have recently weighed in on the company. Zacks Investment Research upgraded W W Grainger from a “hold” rating to a “buy” rating and set a $319.00 target price on the stock in a report on Tuesday, January 30th. Stifel Nicolaus restated a “hold” rating and set a $278.00 target price on shares of W W Grainger in a report on Friday, January 26th. Oppenheimer boosted their target price on W W Grainger from $245.00 to $320.00 and gave the stock an “outperform” rating in a report on Thursday, January 25th. Credit Suisse Group boosted their target price on W W Grainger from $190.00 to $240.00 and gave the stock an “underperform” rating in a report on Thursday, January 25th. Finally, Wells Fargo & Co boosted their target price on W W Grainger from $220.00 to $260.00 and gave the stock a “market perform” rating in a report on Thursday, January 25th. Six analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the stock. W W Grainger presently has an average rating of “Hold” and a consensus target price of $234.38.

W W Grainger Inc (NYSE GWW) opened at $267.34 on Monday. W W Grainger Inc has a twelve month low of $155.00 and a twelve month high of $298.14. The company has a market capitalization of $15,230.00, a P/E ratio of 23.33, a P/E/G ratio of 2.00 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 released its quarterly earnings data on Wednesday, January 24th. The industrial products company reported $2.94 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $2.57 billion. During the same period in the prior year, the firm posted $2.45 earnings per share. The firm’s quarterly revenue was up 6.5% on a year-over-year basis. equities analysts anticipate that W W Grainger Inc will post 13.81 EPS for the current fiscal year.

The firm also recently disclosed 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. This represents a $5.12 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date is Friday, February 9th. W W Grainger’s dividend payout ratio is presently 44.68%.

In related news, VP Laura D. Brown sold 9,158 shares of the company’s stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $232.86, for a total value of $2,132,531.88. Following the transaction, the vice president now directly owns 16,893 shares in the company, valued at $3,933,703.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Eric R. Tapia sold 100 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The shares were 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 disclosure for this sale can be found here. Insiders sold 30,258 shares of company stock worth $6,790,898 over the last quarter. 9.60% of the stock is currently owned by 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.

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

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