TIAA Trust National Association Sells 17 Shares of W.W. Grainger, Inc. (NYSE:GWW)

TIAA Trust National Association decreased its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 860 shares of the industrial products company’s stock after selling 17 shares during the quarter. TIAA Trust National Association’s holdings in W.W. Grainger were worth $907,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Cyrus J. Lawrence LLC purchased a new stake in shares of W.W. Grainger in the 4th quarter worth about $31,000. Iron Horse Wealth Management LLC lifted its holdings 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 buying an additional 10 shares during the period. AlphaMark Advisors LLC bought a new stake in W.W. Grainger during the 4th quarter valued at approximately $37,000. Larson Financial Group LLC grew its holdings in shares of W.W. Grainger by 111.1% during the 3rd quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 20 shares during the period. Finally, OFI Invest Asset Management bought a new position in shares of W.W. Grainger in the 4th quarter worth approximately $42,000. Institutional investors own 80.70% of the company’s stock.

W.W. Grainger Trading Down 0.1 %

Shares of NYSE GWW opened at $987.04 on Friday. The company has a market cap of $47.59 billion, a PE ratio of 25.50, a P/E/G ratio of 2.70 and a beta of 1.18. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.49 and a current ratio of 2.49. The firm’s 50 day moving average price is $1,030.14 and its 200-day moving average price is $1,076.42. W.W. Grainger, Inc. has a 52-week low of $874.98 and a 52-week high of $1,227.66.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings data on Friday, January 31st. The industrial products company reported $9.71 earnings per share (EPS) for the quarter, missing the consensus estimate 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 period in the prior year, the firm earned $8.33 earnings per share. On average, equities research analysts expect that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Investors of record on Monday, February 10th were issued a $2.05 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $8.20 annualized dividend and a yield of 0.83%. W.W. Grainger’s payout ratio is 21.18%.

Analyst Ratings Changes

GWW has been the topic of several research reports. StockNews.com lowered W.W. Grainger from a “buy” rating to a “hold” rating in a research report on Thursday, December 19th. JPMorgan Chase & Co. reduced their target price on shares of W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating on the stock in a research report on Monday, February 3rd. Royal Bank of Canada lowered their price target on shares of 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, William Blair upgraded shares of W.W. Grainger from a “market perform” rating to an “outperform” rating in a report on Monday, March 10th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $1,151.50.

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.