Kintegral Advisory LLC Sells 137 Shares of W.W. Grainger, Inc. (NYSE:GWW)

Kintegral Advisory LLC trimmed its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW) by 4.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,926 shares of the industrial products company’s stock after selling 137 shares during the quarter. Kintegral Advisory LLC’s holdings in W.W. Grainger were worth $3,084,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in GWW. GHP Investment Advisors Inc. boosted its stake 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 acquiring an additional 20 shares during the last quarter. Iron Horse Wealth Management LLC raised its holdings in W.W. Grainger by 43.5% in the 4th quarter. Iron Horse Wealth Management LLC now owns 33 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 10 shares during the period. AlphaMark Advisors LLC purchased a new position in W.W. Grainger during the fourth quarter valued at $37,000. Larson Financial Group LLC lifted its position in W.W. Grainger by 111.1% during the third quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 20 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. bought a new stake in W.W. Grainger during the fourth quarter valued at about $47,000. 80.70% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on GWW shares. UBS Group initiated coverage on W.W. Grainger in a research note on Wednesday, November 13th. They issued a “neutral” rating and a $1,280.00 price objective on the stock. Morgan Stanley upped their price target on shares of 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. JPMorgan Chase & Co. reduced their price objective on shares of W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating for the company in a research note on Monday, February 3rd. StockNews.com cut shares of W.W. Grainger from a “buy” rating to a “hold” rating in a research note on Thursday, December 19th. Finally, Royal Bank of Canada dropped their target price 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 report on Monday, February 3rd. One 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 $1,148.56.

W.W. Grainger Price Performance

Shares of W.W. Grainger stock opened at $1,008.08 on Friday. The firm has a market cap of $49.09 billion, a PE ratio of 26.04, a PEG ratio of 2.69 and a beta of 1.17. The stock has a 50 day moving average of $1,072.84 and a 200 day moving average of $1,072.39. The company has a current ratio of 2.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.62. W.W. Grainger, Inc. has a 12 month low of $874.98 and a 12 month high of $1,227.66.

W.W. Grainger (NYSE:GWW) last posted its earnings results on Friday, January 31st. The industrial products company reported $9.71 EPS for the quarter, missing analysts’ consensus estimates 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 company earned $8.33 EPS. On average, research analysts expect that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Monday, February 10th will be given a dividend of $2.05 per share. This represents a $8.20 annualized dividend and a dividend yield of 0.81%. The ex-dividend date of this dividend is Monday, February 10th. W.W. Grainger’s dividend payout ratio is 21.18%.

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.