W.W. Grainger, Inc. (NYSE:GWW) Shares Acquired by Coppell Advisory Solutions LLC

Coppell Advisory Solutions LLC raised its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW) by 51.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 127 shares of the industrial products company’s stock after purchasing an additional 43 shares during the quarter. Coppell Advisory Solutions LLC’s holdings in W.W. Grainger were worth $134,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of W.W. Grainger in the 3rd quarter valued at $848,000. Trust Co. of Toledo NA OH lifted its holdings in shares of W.W. Grainger by 313.3% in the fourth quarter. Trust Co. of Toledo NA OH now owns 1,521 shares of the industrial products company’s stock valued at $1,603,000 after purchasing an additional 1,153 shares in the last quarter. Clark & Stuart Inc acquired a new stake in shares of W.W. Grainger in the fourth quarter worth $1,741,000. Bancreek Capital Management LP acquired a new stake in shares of W.W. Grainger in the fourth quarter worth $3,687,000. Finally, Czech National Bank raised its position in W.W. Grainger by 6.2% during the fourth quarter. Czech National Bank now owns 9,609 shares of the industrial products company’s stock valued at $10,128,000 after buying an additional 558 shares during the period. Institutional investors own 80.70% of the company’s stock.

Insider Buying and Selling

In other news, CFO Deidra C. Merriwether sold 1,164 shares of the firm’s stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $997.12, for a total transaction of $1,160,647.68. Following the completion of the transaction, the chief financial officer now directly owns 10,235 shares of the company’s stock, valued at approximately $10,205,523.20. This trade represents a 10.21 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 6.10% of the stock is owned by company insiders.

W.W. Grainger Stock Performance

NYSE GWW opened at $1,020.26 on Friday. The company’s fifty day moving average is $986.43 and its two-hundred day moving average is $1,069.56. W.W. Grainger, Inc. has a 52-week low of $874.98 and a 52-week high of $1,227.66. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.49 and a quick ratio of 1.49. The firm has a market capitalization of $49.19 billion, a price-to-earnings ratio of 26.36, a P/E/G ratio of 2.70 and a beta of 1.20.

W.W. Grainger (NYSE:GWW) last released its earnings results on Friday, January 31st. The industrial products company reported $9.71 earnings per share for the quarter, missing analysts’ consensus estimates of $9.75 by ($0.04). W.W. Grainger had a return on equity of 52.43% and a net margin of 11.12%. During the same period last year, the company earned $8.33 EPS. Equities research analysts forecast that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Investors of record on Monday, February 10th were paid a $2.05 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $8.20 dividend on an annualized basis and a dividend yield of 0.80%. W.W. Grainger’s payout ratio is 21.18%.

Analysts Set New Price Targets

Several analysts recently commented on GWW shares. JPMorgan Chase & Co. decreased their price target on shares of W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating for the company in a report on Monday, February 3rd. William Blair raised W.W. Grainger from a “market perform” rating to an “outperform” rating in a research note on Monday, March 10th. Royal Bank of Canada decreased their price objective on shares of W.W. Grainger from $1,113.00 to $1,112.00 and set a “sector perform” rating for the company in a report on Monday, February 3rd. Finally, Wolfe Research downgraded W.W. Grainger from a “peer perform” rating to an “underperform” rating and set a $966.00 price target on the stock. in a report on Thursday, April 3rd. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $1,130.89.

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.