DSG Capital Advisors LLC Has $1.34 Million Position in W.W. Grainger, Inc. (NYSE:GWW)

DSG Capital Advisors LLC reduced its stake in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 44.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,361 shares of the industrial products company's stock after selling 1,072 shares during the quarter. DSG Capital Advisors LLC's holdings in W.W. Grainger were worth $1,344,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of GWW. GAMMA Investing LLC raised its stake in shares of W.W. Grainger by 100,843.0% in the first quarter. GAMMA Investing LLC now owns 692,469 shares of the industrial products company's stock valued at $684,042,000 after purchasing an additional 691,783 shares in the last quarter. Norges Bank bought a new stake in W.W. Grainger in the 4th quarter valued at $535,910,000. Raymond James Financial Inc. acquired a new position in shares of W.W. Grainger in the 4th quarter valued at $267,529,000. Proficio Capital Partners LLC bought a new position in shares of W.W. Grainger during the 4th quarter worth about $175,000. Finally, Invesco Ltd. lifted its holdings in shares of W.W. Grainger by 28.9% during the 4th quarter. Invesco Ltd. now owns 514,326 shares of the industrial products company's stock worth $542,126,000 after acquiring an additional 115,290 shares during the period. 80.70% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Wolfe Research lowered W.W. Grainger from a "peer perform" rating to an "underperform" rating and set a $966.00 price objective on the stock. in a research note on Thursday, April 3rd. JPMorgan Chase & Co. boosted their price target on W.W. Grainger from $1,100.00 to $1,125.00 and gave the company a "neutral" rating in a research note on Tuesday, May 27th. William Blair upgraded W.W. Grainger from a "market perform" rating to an "outperform" rating in a research note on Monday, March 10th. Finally, Royal Bank Of Canada lifted their price objective on W.W. Grainger from $1,097.00 to $1,144.00 and gave the company a "sector perform" rating in a report on Friday, May 2nd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $1,123.13.

Insider Buying and Selling

In other W.W. Grainger news, VP Laurie R. Thomson sold 761 shares of the stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $1,042.86, for a total value of $793,616.46. Following the transaction, the vice president directly owned 578 shares in the company, valued at approximately $602,773.08. This trade represents a 56.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Krantz Nancy L. Berardinelli sold 280 shares of W.W. Grainger stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $1,075.20, for a total value of $301,056.00. Following the completion of the sale, the vice president directly owned 3,369 shares of the company's stock, valued at $3,622,348.80. This trade represents a 7.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,205 shares of company stock worth $2,255,320 in the last quarter. Insiders own 6.10% of the company's stock.

W.W. Grainger Price Performance

W.W. Grainger stock traded up $10.76 on Tuesday, reaching $1,051.00. The company's stock had a trading volume of 268,805 shares, compared to its average volume of 249,482. The business's fifty day moving average price is $1,057.67 and its 200 day moving average price is $1,040.27. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.60 and a current ratio of 2.74. The company has a market cap of $50.49 billion, a price-to-earnings ratio of 26.98, a PEG ratio of 2.69 and a beta of 1.21. W.W. Grainger, Inc. has a twelve month low of $888.75 and a twelve month high of $1,227.66.

W.W. Grainger (NYSE:GWW - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The industrial products company reported $9.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.51 by $0.35. W.W. Grainger had a net margin of 11.08% and a return on equity of 51.28%. The business had revenue of $4.31 billion for the quarter, compared to the consensus estimate of $4.31 billion. During the same quarter in the prior year, the company earned $9.62 EPS. The firm's quarterly revenue was up 1.7% on a year-over-year basis. Equities analysts expect that W.W. Grainger, Inc. will post 40.3 earnings per share for the current fiscal year.

W.W. Grainger Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, June 1st. Investors of record on Monday, May 12th were issued a $2.26 dividend. The ex-dividend date was Monday, May 12th. This represents a $9.04 dividend on an annualized basis and a dividend yield of 0.86%. This is a positive change from W.W. Grainger's previous quarterly dividend of $2.05. W.W. Grainger's dividend payout ratio (DPR) is currently 23.21%.

W.W. Grainger Profile

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.