Hutchens & Kramer Investment Management Group LLC Has $288,000 Holdings in W.W. Grainger, Inc. (NYSE:GWW)

Hutchens & Kramer Investment Management Group LLC lessened its position in shares of W.W. Grainger, Inc. (NYSE:GWW) by 12.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 273 shares of the industrial products company’s stock after selling 39 shares during the quarter. Hutchens & Kramer Investment Management Group LLC’s holdings in W.W. Grainger were worth $288,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of GWW. HWG Holdings LP acquired a new stake in shares of W.W. Grainger during the 2nd quarter worth approximately $26,000. GHP Investment Advisors Inc. lifted its position in shares of W.W. Grainger by 250.0% during the 3rd quarter. GHP Investment Advisors Inc. now owns 28 shares of the industrial products company’s stock worth $29,000 after buying an additional 20 shares during the period. AlphaMark Advisors LLC bought a new position in shares of W.W. Grainger during the 4th quarter worth approximately $37,000. Larson Financial Group LLC lifted its position 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 buying an additional 20 shares during the period. Finally, Fortitude Family Office LLC lifted its position in shares of W.W. Grainger by 38.9% during the 3rd quarter. Fortitude Family Office LLC now owns 50 shares of the industrial products company’s stock worth $52,000 after buying an additional 14 shares during the period. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Trading Up 0.9 %

GWW stock opened at $1,131.99 on Tuesday. The company has a market cap of $55.13 billion, a P/E ratio of 30.69, a PEG ratio of 2.88 and a beta of 1.18. W.W. Grainger, Inc. has a twelve month low of $874.98 and a twelve month high of $1,227.66. The company has a quick ratio of 1.68, a current ratio of 2.59 and a debt-to-equity ratio of 0.59. The business has a fifty day moving average of $1,124.86 and a 200-day moving average of $1,061.60.

W.W. Grainger (NYSE:GWW) last released its earnings results on Thursday, October 31st. The industrial products company reported $9.87 earnings per share for the quarter, missing analysts’ consensus estimates of $9.98 by ($0.11). The firm had revenue of $4.39 billion for the quarter, compared to the consensus estimate of $4.40 billion. W.W. Grainger had a return on equity of 51.78% and a net margin of 10.80%. The company’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $9.43 EPS. As a group, equities research analysts expect that W.W. Grainger, Inc. will post 38.95 EPS for the current year.

W.W. Grainger Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Sunday, December 1st. Stockholders of record on Monday, November 11th were given a dividend of $2.05 per share. The ex-dividend date was Friday, November 8th. This represents a $8.20 dividend on an annualized basis and a dividend yield of 0.72%. W.W. Grainger’s payout ratio is currently 22.23%.

Insider Transactions at W.W. Grainger

In related news, VP Paige K. Robbins sold 9,577 shares of W.W. Grainger stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $1,117.84, for a total transaction of $10,705,553.68. Following the completion of the sale, the vice president now directly owns 4,379 shares of the company’s stock, valued at $4,895,021.36. The trade was a 68.62 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Laurie R. Thomson sold 125 shares of W.W. Grainger stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $1,206.03, for a total value of $150,753.75. Following the sale, the vice president now directly owns 675 shares of the company’s stock, valued at approximately $814,070.25. This trade represents a 15.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,406 shares of company stock worth $11,634,643 over the last 90 days. 9.50% of the stock is owned by insiders.

Analysts Set New Price Targets

GWW has been the subject of several analyst reports. Morgan Stanley raised their target price on W.W. Grainger from $990.00 to $1,215.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 19th. StockNews.com downgraded W.W. Grainger from a “buy” rating to a “hold” rating in a research report on Thursday, December 19th. Oppenheimer downgraded W.W. Grainger from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 17th. UBS Group initiated coverage on W.W. Grainger in a research report on Wednesday, November 13th. They set a “neutral” rating and a $1,280.00 target price for the company. Finally, Robert W. Baird upgraded W.W. Grainger from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $975.00 to $1,230.00 in a research report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, W.W. Grainger currently has an average rating of “Hold” and an average target price of $1,140.56.

About W.W. Grainger

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.