Ffcm LLC lifted its stake in shares of W W Grainger Inc (NYSE:GWW) by 28.5% in the fourth quarter, HoldingsChannel reports. The firm owned 4,001 shares of the industrial products company’s stock after buying an additional 888 shares during the period. Ffcm LLC’s holdings in W W Grainger were worth $945,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Thrivent Financial For Lutherans increased its stake in shares of W W Grainger by 1.5% during the second quarter. Thrivent Financial For Lutherans now owns 2,050 shares of the industrial products company’s stock worth $370,000 after purchasing an additional 30 shares in the last quarter. Sentry Investment Management LLC increased its stake in shares of W W Grainger by 3.3% during the second quarter. Sentry Investment Management LLC now owns 3,280 shares of the industrial products company’s stock worth $592,000 after purchasing an additional 104 shares in the last quarter. Cibc Bank USA increased its stake in shares of W W Grainger by 4.2% during the fourth quarter. Cibc Bank USA now owns 6,085 shares of the industrial products company’s stock worth $1,438,000 after purchasing an additional 245 shares in the last quarter. Carroll Financial Associates Inc. increased its stake in shares of W W Grainger by 19.1% during the fourth quarter. Carroll Financial Associates Inc. now owns 1,682 shares of the industrial products company’s stock worth $397,000 after purchasing an additional 270 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of W W Grainger by 7.0% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,270 shares of the industrial products company’s stock worth $768,000 after purchasing an additional 278 shares in the last quarter. 85.84% of the stock is owned by institutional investors and hedge funds.

In other news, VP Eric R. Tapia sold 100 shares of the 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 owns 3,563 shares of the company’s stock, valued at approximately $947,971.78. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP John L. Howard sold 21,000 shares of the stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $220.56, for a total transaction of $4,631,760.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 30,258 shares of company stock valued at $6,790,898. 9.60% of the stock is owned by corporate insiders.

Shares of W W Grainger Inc (NYSE GWW) opened at $269.43 on Tuesday. W W Grainger Inc has a one year low of $155.00 and a one year high of $298.14. The stock has a market cap of $15,058.96, a PE ratio of 26.89, 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 quick ratio of 1.18 and a current ratio of 2.13.

W W Grainger (NYSE:GWW) last announced its quarterly earnings data on Wednesday, January 24th. The industrial products company reported $2.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.18 by $0.76. W W Grainger had a net margin of 5.62% and a return on equity of 35.76%. The company had revenue of $2.63 billion during the quarter, compared to analysts’ expectations of $2.57 billion. During the same quarter in the prior year, the company earned $2.45 EPS. W W Grainger’s revenue was up 6.5% compared to the same quarter last year. equities analysts expect that W W Grainger Inc will post 13.81 earnings per share for the current 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 paid a dividend of $1.28 per share. The ex-dividend date of this dividend is Friday, February 9th. This represents a $5.12 annualized dividend and a yield of 1.90%. W W Grainger’s dividend payout ratio is presently 51.10%.

GWW has been the subject of a number of research reports. Atlantic Securities raised shares of W W Grainger from an “underweight” rating to a “neutral” rating in a research note on Thursday, October 19th. Royal Bank of Canada boosted their target price on shares of W W Grainger from $146.00 to $148.00 and gave the stock an “underperform” rating in a research note on Tuesday, November 7th. Oppenheimer reissued a “buy” rating and set a $245.00 target price on shares of W W Grainger in a research note on Monday, November 13th. Stephens reissued a “hold” rating and set a $264.00 target price on shares of W W Grainger in a research note on Thursday, January 25th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $194.00 target price (up previously from $178.00) on shares of W W Grainger in a research note on Wednesday, October 18th. Six analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company’s stock. W W Grainger currently has an average rating of “Hold” and an average price target of $234.38.

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About W W Grainger

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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