W.W. Grainger, Inc. (NYSE:GWW) Shares Sold by ORG Wealth Partners LLC

ORG Wealth Partners LLC decreased its position in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 61.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 238 shares of the industrial products company's stock after selling 379 shares during the quarter. ORG Wealth Partners LLC's holdings in W.W. Grainger were worth $237,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in GWW. GAMMA Investing LLC grew its holdings in W.W. Grainger by 100,843.0% in the 1st quarter. GAMMA Investing LLC now owns 692,469 shares of the industrial products company's stock valued at $684,042,000 after buying an additional 691,783 shares during the period. Norges Bank purchased a new stake in W.W. Grainger in the 4th quarter valued at about $535,910,000. Raymond James Financial Inc. purchased a new stake in W.W. Grainger in the 4th quarter valued at about $267,529,000. Proficio Capital Partners LLC purchased a new stake in W.W. Grainger in the 4th quarter valued at about $175,000. Finally, Invesco Ltd. grew its holdings in W.W. Grainger by 28.9% in the 4th quarter. Invesco Ltd. now owns 514,326 shares of the industrial products company's stock valued at $542,126,000 after buying an additional 115,290 shares during the period. Institutional investors and hedge funds own 80.70% of the company's stock.

Insider Buying and Selling at W.W. Grainger

In other W.W. Grainger news, VP Laurie R. Thomson sold 761 shares of the stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $1,042.86, for a total transaction of $793,616.46. Following the transaction, the vice president now directly owns 578 shares in the company, valued at $602,773.08. This represents a 56.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Krantz Nancy L. Berardinelli sold 280 shares of the stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $1,075.20, for a total transaction of $301,056.00. Following the transaction, the vice president now owns 3,369 shares in the company, 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 have sold 2,205 shares of company stock worth $2,255,320 in the last ninety days. 6.10% of the stock is owned by insiders.

W.W. Grainger Stock Down 0.7%

W.W. Grainger stock traded down $7.16 during midday trading on Friday, hitting $1,035.51. 392,276 shares of the company were exchanged, compared to its average volume of 249,154. The company's fifty day moving average price is $1,053.26 and its 200-day moving average price is $1,047.61. The company has a market cap of $49.75 billion, a PE ratio of 26.59, a price-to-earnings-growth ratio of 2.73 and a beta of 1.21. 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 fifty-two week low of $888.75 and a fifty-two week high of $1,227.66.

W.W. Grainger (NYSE:GWW - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The industrial products company reported $9.86 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $4.31 billion for the quarter, compared to analyst estimates of $4.31 billion. During the same period in the previous year, the company posted $9.62 EPS. W.W. Grainger's revenue for the quarter was up 1.7% on a year-over-year basis. On average, research analysts predict that W.W. Grainger, Inc. will post 40.3 EPS 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 is a boost from W.W. Grainger's previous quarterly dividend of $2.05. This represents a $9.04 annualized dividend and a yield of 0.87%. W.W. Grainger's dividend payout ratio is currently 23.21%.

Analyst Ratings Changes

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

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.