Cwm LLC Has $1.93 Million Holdings in W.W. Grainger, Inc. (NYSE:GWW)

Cwm LLC raised its position in W.W. Grainger, Inc. (NYSE:GWW) by 1.3% in the third quarter, HoldingsChannel reports. The fund owned 1,862 shares of the industrial products company’s stock after purchasing an additional 24 shares during the quarter. Cwm LLC’s holdings in W.W. Grainger were worth $1,934,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. HWG Holdings LP acquired a new stake in W.W. Grainger in the second quarter valued at approximately $26,000. Valued Wealth Advisors LLC boosted its position in shares of W.W. Grainger by 170.0% during the first quarter. Valued Wealth Advisors LLC now owns 27 shares of the industrial products company’s stock valued at $27,000 after buying an additional 17 shares during the last quarter. Scarborough Advisors LLC purchased a new position in shares of W.W. Grainger during the fourth quarter valued at approximately $28,000. Newbridge Financial Services Group Inc. boosted its position in shares of W.W. Grainger by 275.0% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 45 shares of the industrial products company’s stock valued at $37,000 after buying an additional 33 shares during the last quarter. Finally, Washington Trust Advisors Inc. boosted its position in shares of W.W. Grainger by 225.0% during the first quarter. Washington Trust Advisors Inc. now owns 39 shares of the industrial products company’s stock valued at $39,000 after buying an additional 27 shares during the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Stock Performance

Shares of GWW opened at $1,098.37 on Tuesday. The firm has a market cap of $53.90 billion, a PE ratio of 30.32, a PEG ratio of 2.88 and a beta of 1.16. The stock’s fifty day moving average price is $997.00 and its two-hundred day moving average price is $960.84. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.30 and a quick ratio of 1.40. W.W. Grainger, Inc. has a 1 year low of $674.41 and a 1 year high of $1,103.65.

W.W. Grainger (NYSE:GWW) last issued its earnings results on Thursday, August 1st. The industrial products company reported $9.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.58 by $0.18. The firm had revenue of $4.31 billion for the quarter, compared to analyst estimates of $4.35 billion. W.W. Grainger had a return on equity of 53.25% and a net margin of 10.86%. The business’s revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $9.28 earnings per share. On average, equities research analysts forecast that W.W. Grainger, Inc. will post 38.65 EPS for the current year.

W.W. Grainger Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Sunday, September 1st. Shareholders of record on Monday, August 12th were paid a $2.05 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $8.20 annualized dividend and a dividend yield of 0.75%. W.W. Grainger’s payout ratio is presently 22.64%.

Insider Activity at W.W. Grainger

In related news, CEO Donald G. Macpherson sold 27,502 shares of the business’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $1,000.82, for a total transaction of $27,524,551.64. Following the sale, the chief executive officer now directly owns 111,559 shares in the company, valued at approximately $111,650,478.38. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, CEO Donald G. Macpherson sold 12,992 shares of the business’s stock in a transaction on Monday, September 30th. The stock was sold at an average price of $1,037.68, for a total transaction of $13,481,538.56. Following the sale, the chief executive officer now directly owns 98,567 shares in the company, valued at approximately $102,281,004.56. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Donald G. Macpherson sold 27,502 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $1,000.82, for a total value of $27,524,551.64. Following the sale, the chief executive officer now owns 111,559 shares in the company, valued at approximately $111,650,478.38. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 9.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on GWW shares. Royal Bank of Canada cut their target price on W.W. Grainger from $978.00 to $972.00 and set a “sector perform” rating on the stock in a research report on Friday, August 2nd. Morgan Stanley started coverage on W.W. Grainger in a research report on Friday, September 6th. They set an “equal weight” rating and a $990.00 target price on the stock. Bank of America started coverage on W.W. Grainger in a research report on Monday, October 7th. They set an “underperform” rating and a $925.00 target price on the stock. Wolfe Research raised W.W. Grainger to a “hold” rating in a research report on Sunday, September 22nd. Finally, JPMorgan Chase & Co. boosted their price objective on W.W. Grainger from $1,000.00 to $1,015.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. One analyst has rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the stock. According to MarketBeat, W.W. Grainger currently has an average rating of “Hold” and an average price target of $1,005.20.

About W.W. Grainger

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.