ORG Partners LLC Sells 387 Shares of W.W. Grainger, Inc. (NYSE:GWW)

ORG Partners LLC lessened its stake in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 74.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 134 shares of the industrial products company's stock after selling 387 shares during the period. ORG Partners LLC's holdings in W.W. Grainger were worth $132,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of GWW. Brighton Jones LLC lifted its stake in shares of W.W. Grainger by 46.8% in the 4th quarter. Brighton Jones LLC now owns 320 shares of the industrial products company's stock valued at $338,000 after acquiring an additional 102 shares during the last quarter. Atria Wealth Solutions Inc. increased its holdings in W.W. Grainger by 2.0% during the 4th quarter. Atria Wealth Solutions Inc. now owns 2,853 shares of the industrial products company's stock valued at $3,007,000 after purchasing an additional 57 shares during the period. Handelsbanken Fonder AB increased its holdings in W.W. Grainger by 16.5% during the 4th quarter. Handelsbanken Fonder AB now owns 19,546 shares of the industrial products company's stock valued at $20,602,000 after purchasing an additional 2,768 shares during the period. Concurrent Investment Advisors LLC increased its holdings in W.W. Grainger by 8.0% during the 4th quarter. Concurrent Investment Advisors LLC now owns 404 shares of the industrial products company's stock valued at $426,000 after purchasing an additional 30 shares during the period. Finally, Bradley Foster & Sargent Inc. CT increased its holdings in W.W. Grainger by 4.6% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 1,375 shares of the industrial products company's stock valued at $1,449,000 after purchasing an additional 61 shares during the period. Institutional investors own 80.70% of the company's stock.

W.W. Grainger Stock Performance

GWW stock opened at $1,035.51 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.74 and a quick ratio of 1.60. W.W. Grainger, Inc. has a 1 year low of $888.75 and a 1 year high of $1,227.66. The company has a market cap of $49.74 billion, a P/E ratio of 26.59, a price-to-earnings-growth ratio of 2.71 and a beta of 1.21. The stock's fifty day moving average price is $1,053.26 and its 200-day moving average price is $1,046.60.

W.W. Grainger (NYSE:GWW - Get Free Report) last announced its earnings results on Thursday, May 1st. The industrial products company reported $9.86 EPS for the quarter, topping analysts' consensus estimates of $9.51 by $0.35. W.W. Grainger had a return on equity of 51.28% and a net margin of 11.08%. The company had revenue of $4.31 billion for the quarter, compared to analysts' expectations of $4.31 billion. During the same period last year, the firm earned $9.62 EPS. W.W. Grainger's revenue for the quarter was up 1.7% compared to the same quarter last year. On average, equities analysts forecast that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Sunday, June 1st. Investors of record on Monday, May 12th were issued a $2.26 dividend. This is a boost from W.W. Grainger's previous quarterly dividend of $2.05. This represents a $9.04 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date was Monday, May 12th. W.W. Grainger's dividend payout ratio (DPR) is currently 23.21%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on GWW shares. William Blair upgraded W.W. Grainger from a "market perform" rating to an "outperform" rating in a report on Monday, March 10th. 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 report on Tuesday, May 27th. Wolfe Research downgraded W.W. Grainger from a "peer perform" rating to an "underperform" rating and set a $966.00 price target on the stock. in a report on Thursday, April 3rd. Finally, Royal Bank Of Canada boosted their price target 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 analysts have rated the stock with a sell rating, eight have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently 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 Krantz Nancy L. Berardinelli sold 280 shares of the firm's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $1,075.20, for a total transaction of $301,056.00. Following the sale, the vice president now directly owns 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Deidra C. Merriwether sold 1,164 shares of the firm's stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $997.12, for a total value of $1,160,647.68. Following the sale, the chief financial officer now directly owns 10,235 shares in the company, valued at approximately $10,205,523.20. This represents a 10.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 2,205 shares of company stock valued at $2,255,320. 6.10% of the stock is owned by company insiders.

W.W. Grainger Company 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.

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