W W Grainger Inc (NYSE:GWW) has earned an average recommendation of “Hold” from the twenty-one ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, fifteen have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $302.00.

A number of equities research analysts have commented on GWW shares. Wells Fargo & Co reiterated a “hold” rating on shares of W W Grainger in a research note on Wednesday, July 18th. Royal Bank of Canada increased their price target on W W Grainger to $243.00 and gave the company an “underperform” rating in a research note on Thursday, July 19th. They noted that the move was a valuation call. BMO Capital Markets increased their price target on W W Grainger from $267.00 to $330.00 and gave the company a “market perform” rating in a research note on Thursday, July 19th. They noted that the move was a valuation call. Cfra set a $350.00 price target on W W Grainger and gave the company a “hold” rating in a research note on Wednesday, July 18th. Finally, UBS Group upgraded W W Grainger from a “sell” rating to a “neutral” rating and increased their price target for the company from $240.00 to $340.00 in a research note on Wednesday, July 18th.

In other news, Director Brian P. Anderson sold 1,000 shares of the firm’s stock in a transaction dated Thursday, August 16th. The stock was sold at an average price of $360.18, for a total value of $360,180.00. Following the completion of the transaction, the director now directly owns 4,040 shares in the company, valued at $1,455,127.20. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP John L. Howard sold 14,990 shares of the firm’s stock in a transaction dated Wednesday, August 22nd. The stock was sold at an average price of $368.20, for a total value of $5,519,318.00. Following the completion of the transaction, the vice president now owns 58,207 shares of the company’s stock, valued at $21,431,817.40. The disclosure for this sale can be found here. Over the last quarter, insiders sold 41,237 shares of company stock valued at $14,456,628. 10.10% of the stock is currently owned by company insiders.

Several large investors have recently made changes to their positions in the company. Sun Life Financial INC grew its holdings in W W Grainger by 60.4% during the second quarter. Sun Life Financial INC now owns 409 shares of the industrial products company’s stock worth $126,000 after acquiring an additional 154 shares during the period. Synovus Financial Corp acquired a new stake in W W Grainger in the first quarter valued at approximately $140,000. Piedmont Investment Advisors LLC acquired a new stake in W W Grainger in the second quarter valued at approximately $178,000. Global Financial Private Capital LLC acquired a new stake in W W Grainger in the second quarter valued at approximately $203,000. Finally, Balasa Dinverno & Foltz LLC acquired a new stake in W W Grainger in the second quarter valued at approximately $211,000. Hedge funds and other institutional investors own 78.53% of the company’s stock.

Shares of NYSE GWW traded down $2.36 during mid-day trading on Friday, reaching $365.15. 353,238 shares of the company were exchanged, compared to its average volume of 564,267. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.37 and a quick ratio of 1.34. The stock has a market capitalization of $20.63 billion, a P/E ratio of 31.86, a price-to-earnings-growth ratio of 1.84 and a beta of 0.86. W W Grainger has a 1 year low of $155.00 and a 1 year high of $372.06.

W W Grainger (NYSE:GWW) last issued its quarterly earnings data on Wednesday, July 18th. The industrial products company reported $4.37 earnings per share for the quarter, topping analysts’ consensus estimates of $3.78 by $0.59. The firm had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.82 billion. W W Grainger had a return on equity of 42.66% and a net margin of 7.16%. The firm’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.67 EPS. equities research analysts anticipate that W W Grainger will post 16.03 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Saturday, September 1st. Shareholders of record on Monday, August 13th will be paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date is Friday, August 10th. W W Grainger’s dividend payout ratio (DPR) is presently 47.47%.

W W Grainger Company Profile

W.W. Grainger, Inc distributes maintenance, repair, and operating (MRO) supplies; and other related products and services that are used by businesses and institutions in the United States, Canada, Europe, Asia, and Latin America. The company offers material handling equipment, safety and security supplies, lighting and electrical products, power and hand tools, pumps and plumbing supplies, cleaning and maintenance supplies, metalworking tools, and various other products.

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Analyst Recommendations for W W Grainger (NYSE:GWW)

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