Media stories about W W Grainger (NYSE:GWW) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. W W Grainger earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 45.974764572631 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several research analysts have recently issued reports on the company. Zacks Investment Research raised W W Grainger from a “hold” rating to a “buy” rating and set a $319.00 price target for the company in a research note on Tuesday, January 30th. Stifel Nicolaus reissued a “hold” rating and issued a $278.00 price target on shares of W W Grainger in a research note on Friday, January 26th. Oppenheimer increased their price target on W W Grainger from $245.00 to $320.00 and gave the stock an “outperform” rating in a research note on Thursday, January 25th. Credit Suisse Group increased their price target on W W Grainger from $190.00 to $240.00 and gave the stock an “underperform” rating in a research note on Thursday, January 25th. Finally, Wells Fargo & Co increased their price target on W W Grainger from $220.00 to $260.00 and gave the stock a “market perform” rating in a research note on Thursday, January 25th. Six analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $234.38.
Shares of W W Grainger (GWW) traded up $3.56 during mid-day trading on Wednesday, reaching $280.21. The company had a trading volume of 731,107 shares, compared to its average volume of 915,247. W W Grainger has a fifty-two week low of $155.00 and a fifty-two week high of $298.14. The company has a market capitalization of $15,720.00, a PE ratio of 28.02, a P/E/G ratio of 2.09 and a beta of 0.87. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.13 and a quick ratio of 1.18.
The business also recently announced a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Monday, February 12th were issued a dividend of $1.28 per share. This represents a $5.12 annualized dividend and a dividend yield of 1.83%. The ex-dividend date was Friday, February 9th. W W Grainger’s dividend payout ratio is 51.20%.
In other news, VP Laura D. Brown sold 9,158 shares of the company’s stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $232.86, for a total transaction of $2,132,531.88. Following the completion of the sale, the vice president now directly owns 16,893 shares of the company’s stock, valued at $3,933,703.98. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Eric R. Tapia sold 100 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $266.06, for a total value of $26,606.00. Following the sale, the vice president now directly owns 3,563 shares of the company’s stock, valued at $947,971.78. The disclosure for this sale can be found here. Corporate insiders own 9.60% of the company’s stock.
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About W W Grainger
W.W. Grainger, Inc (Grainger) is a distributor of maintenance, repair and operating (MRO) supplies and other related products and services. The Company offers its products and services to businesses and institutions in the United States and Canada, with presence also in Europe, Asia and Latin America.
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