Shares of W.W. Grainger, Inc. (NYSE:GWW) have been assigned an average rating of “Hold” from the twenty research firms that are presently covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $191.23.

A number of research analysts recently commented on GWW shares. TheStreet raised W.W. Grainger from a “c+” rating to a “b-” rating in a research note on Wednesday, December 13th. Oppenheimer reissued a “buy” rating and issued a $245.00 target price on shares of W.W. Grainger in a research note on Monday, November 13th. Wells Fargo & Co set a $210.00 target price on W.W. Grainger and gave the company a “hold” rating in a research note on Wednesday, October 18th. KeyCorp reissued a “hold” rating on shares of W.W. Grainger in a research note on Monday, November 13th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $178.00 target price (up previously from $165.00) on shares of W.W. Grainger in a research note on Monday, October 9th.

W.W. Grainger (NYSE GWW) traded down $0.18 during trading on Monday, hitting $234.84. 585,024 shares of the stock traded hands, compared to its average volume of 902,763. The company has a market capitalization of $13,370.00, a PE ratio of 27.86, a P/E/G ratio of 2.26 and a beta of 0.81. W.W. Grainger has a 52-week low of $155.00 and a 52-week high of $262.71. The company has a current ratio of 2.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.19.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings results on Tuesday, October 17th. The industrial products company reported $2.90 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.34. The firm had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.65 billion. W.W. Grainger had a net margin of 4.83% and a return on equity of 34.25%. The business’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.06 earnings per share. equities research analysts forecast that W.W. Grainger will post 10.71 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Monday, November 13th were given a dividend of $1.28 per share. The ex-dividend date was Friday, November 10th. This represents a $5.12 annualized dividend and a yield of 2.18%. W.W. Grainger’s payout ratio is 60.74%.

In other W.W. Grainger news, VP Paige K. Robbins sold 346 shares of the company’s stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $202.31, for a total transaction of $69,999.26. Following the completion of the sale, the vice president now directly owns 8,400 shares in the company, valued at $1,699,404. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Eric R. Tapia sold 190 shares of the company’s stock in a transaction dated Friday, October 20th. The shares were sold at an average price of $208.26, for a total transaction of $39,569.40. Following the sale, the vice president now owns 3,748 shares of the company’s stock, valued at $780,558.48. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 21,536 shares of company stock valued at $4,741,329. Company insiders own 9.60% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Atlantic Trust Group LLC boosted its holdings in shares of W.W. Grainger by 22.1% during the third quarter. Atlantic Trust Group LLC now owns 20,455 shares of the industrial products company’s stock worth $3,676,000 after purchasing an additional 3,708 shares during the period. Steward Partners Investment Advisory LLC purchased a new stake in shares of W.W. Grainger during the third quarter worth about $396,000. Smith Shellnut Wilson LLC ADV boosted its holdings in shares of W.W. Grainger by 79.8% during the third quarter. Smith Shellnut Wilson LLC ADV now owns 2,266 shares of the industrial products company’s stock worth $407,000 after purchasing an additional 1,006 shares during the period. Gyroscope Capital Management Group LLC boosted its holdings in shares of W.W. Grainger by 5.4% during the third quarter. Gyroscope Capital Management Group LLC now owns 31,673 shares of the industrial products company’s stock worth $5,693,000 after purchasing an additional 1,621 shares during the period. Finally, Fieldpoint Private Securities LLC purchased a new stake in shares of W.W. Grainger during the third quarter worth about $133,000. Institutional investors and hedge funds own 85.02% of the company’s stock.

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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.

Analyst Recommendations for W.W. Grainger (NYSE:GWW)

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