W W Grainger Inc (GWW) Holdings Lifted by Financial Architects Inc

Financial Architects Inc boosted its holdings in W W Grainger Inc (NYSE:GWW) by 1,195.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 298 shares of the industrial products company’s stock after purchasing an additional 275 shares during the quarter. Financial Architects Inc’s holdings in W W Grainger were worth $107,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Sun Life Financial INC boosted its stake in W W Grainger by 60.4% in the 2nd quarter. Sun Life Financial INC now owns 409 shares of the industrial products company’s stock worth $126,000 after purchasing an additional 154 shares during the period. MainStreet Investment Advisors LLC boosted its stake in W W Grainger by 1.3% in the 3rd quarter. MainStreet Investment Advisors LLC now owns 14,070 shares of the industrial products company’s stock worth $5,029,000 after purchasing an additional 179 shares during the period. Martingale Asset Management L P boosted its stake in W W Grainger by 1.3% in the 2nd quarter. Martingale Asset Management L P now owns 15,083 shares of the industrial products company’s stock worth $4,652,000 after purchasing an additional 190 shares during the period. Suntrust Banks Inc. boosted its stake in W W Grainger by 5.5% in the 1st quarter. Suntrust Banks Inc. now owns 3,702 shares of the industrial products company’s stock worth $1,043,000 after purchasing an additional 194 shares during the period. Finally, Advisor Partners LLC boosted its stake in W W Grainger by 21.2% in the 2nd quarter. Advisor Partners LLC now owns 1,167 shares of the industrial products company’s stock worth $360,000 after purchasing an additional 204 shares during the period. Institutional investors and hedge funds own 75.70% of the company’s stock.

Several research analysts have weighed in on the company. Cfra set a $350.00 price target on W W Grainger and gave the stock a “hold” rating in a research note on Wednesday, July 18th. Robert W. Baird downgraded W W Grainger from an “outperform” rating to a “neutral” rating and set a $240.00 target price for the company. in a research report on Tuesday, July 3rd. Oppenheimer increased their target price on W W Grainger from $400.00 to $410.00 and gave the company an “outperform” rating in a research report on Friday, September 21st. Gabelli downgraded W W Grainger from a “buy” rating to a “hold” rating and set a $386.00 target price for the company. in a research report on Monday, July 16th. Finally, BMO Capital Markets increased their target price on W W Grainger from $267.00 to $330.00 and gave the company a “market perform” rating in a research report on Thursday, July 19th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $308.43.

In related news, VP John L. Howard sold 14,990 shares of the firm’s stock in a transaction on Wednesday, August 22nd. The stock was sold at an average price of $368.20, for a total value of $5,519,318.00. Following the completion of the sale, the vice president now directly owns 58,207 shares in the company, valued at $21,431,817.40. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Brian P. Anderson sold 1,000 shares of the firm’s stock in a transaction on Thursday, August 16th. The stock was sold at an average price of $360.18, for a total value of $360,180.00. Following the completion of the sale, the director now owns 4,040 shares of the company’s stock, valued at $1,455,127.20. The disclosure for this sale can be found here. 10.10% of the stock is owned by company insiders.

NYSE GWW opened at $283.15 on Wednesday. The company has a quick ratio of 1.44, a current ratio of 2.44 and a debt-to-equity ratio of 1.02. The company has a market cap of $15.42 billion, a PE ratio of 17.57, a PEG ratio of 1.36 and a beta of 0.82. W W Grainger Inc has a one year low of $191.39 and a one year high of $372.06.

W W Grainger (NYSE:GWW) last posted its earnings results on Tuesday, October 16th. The industrial products company reported $4.19 EPS for the quarter, beating analysts’ consensus estimates of $3.96 by $0.23. The firm had revenue of $2.83 billion during the quarter, compared to the consensus estimate of $2.84 billion. W W Grainger had a return on equity of 45.22% and a net margin of 6.51%. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the company earned $2.79 EPS. On average, sell-side analysts expect that W W Grainger Inc will post 16.29 EPS for the current year.

W W Grainger Company Profile

W.W. Grainger, Inc distributes maintenance, repair, and operating (MRO) supplies; and other related products and services that are used by businesses and institutions in the United States, Canada, Europe, Asia, and Latin America. The company offers material handling equipment, safety and security supplies, lighting and electrical products, power and hand tools, pumps and plumbing supplies, cleaning and maintenance supplies, metalworking tools, and various other products.

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Institutional Ownership by Quarter for W W Grainger (NYSE:GWW)

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