Kintegral Advisory LLC Reduces Holdings in W.W. Grainger, Inc. (NYSE:GWW)

Kintegral Advisory LLC lowered its stake in shares of W.W. Grainger, Inc. (NYSE:GWW) by 4.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,926 shares of the industrial products company’s stock after selling 137 shares during the quarter. Kintegral Advisory LLC’s holdings in W.W. Grainger were worth $3,084,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of GWW. GHP Investment Advisors Inc. boosted its position in W.W. Grainger by 250.0% during the 3rd quarter. GHP Investment Advisors Inc. now owns 28 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 20 shares in the last quarter. Iron Horse Wealth Management LLC grew its stake in W.W. Grainger by 43.5% in the fourth quarter. Iron Horse Wealth Management LLC now owns 33 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 10 shares during the period. AlphaMark Advisors LLC bought a new position in W.W. Grainger in the fourth quarter worth $37,000. Larson Financial Group LLC lifted its position in W.W. Grainger by 111.1% during the third quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company’s stock valued at $40,000 after buying an additional 20 shares during the period. Finally, Newbridge Financial Services Group Inc. bought a new stake in shares of W.W. Grainger during the 4th quarter valued at $47,000. 80.70% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on GWW shares. Morgan Stanley increased their price target on shares of W.W. Grainger from $990.00 to $1,215.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 19th. StockNews.com downgraded shares of W.W. Grainger from a “buy” rating to a “hold” rating in a research note on Thursday, December 19th. Northcoast Research assumed coverage on W.W. Grainger in a research report on Tuesday, October 29th. They issued a “neutral” rating on the stock. Royal Bank of Canada reduced their price objective on W.W. Grainger from $1,113.00 to $1,112.00 and set a “sector perform” rating for the company in a research report on Monday, February 3rd. Finally, JPMorgan Chase & Co. lowered their price objective on W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating for the company in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, ten have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, W.W. Grainger has a consensus rating of “Hold” and a consensus price target of $1,148.56.

W.W. Grainger Trading Down 1.6 %

W.W. Grainger stock opened at $1,008.08 on Friday. W.W. Grainger, Inc. has a one year low of $874.98 and a one year high of $1,227.66. The business’s fifty day moving average is $1,072.84 and its 200 day moving average is $1,072.39. The stock has a market capitalization of $49.09 billion, a PE ratio of 26.04, a price-to-earnings-growth ratio of 2.69 and a beta of 1.17. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.49 and a quick ratio of 1.49.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings results on Friday, January 31st. The industrial products company reported $9.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.75 by ($0.04). W.W. Grainger had a net margin of 11.12% and a return on equity of 52.43%. During the same quarter in the previous year, the company posted $8.33 EPS. On average, sell-side analysts predict that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Monday, February 10th will be given a $2.05 dividend. This represents a $8.20 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend is Monday, February 10th. W.W. Grainger’s dividend payout ratio (DPR) is presently 21.18%.

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.