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

Hutchens & Kramer Investment Management Group LLC trimmed its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW) by 12.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 273 shares of the industrial products company’s stock after selling 39 shares during the period. 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.

Other large investors have also recently bought and sold shares of the company. HWG Holdings LP acquired a new position in W.W. Grainger during the second quarter valued at $26,000. GHP Investment Advisors Inc. raised its position in W.W. Grainger by 250.0% during the third quarter. GHP Investment Advisors Inc. now owns 28 shares of the industrial products company’s stock valued at $29,000 after buying an additional 20 shares during the period. AlphaMark Advisors LLC acquired a new position in W.W. Grainger during the fourth quarter valued at $37,000. Larson Financial Group LLC raised 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 buying an additional 20 shares during the period. Finally, Fortitude Family Office LLC raised its position in W.W. Grainger by 38.9% during the third quarter. Fortitude Family Office LLC now owns 50 shares of the industrial products company’s stock valued at $52,000 after buying an additional 14 shares during the period. 80.70% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at W.W. Grainger

In other W.W. Grainger news, VP Laurie R. Thomson sold 125 shares of the firm’s stock in a transaction that occurred 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 owns 675 shares of the company’s stock, valued at $814,070.25. This trade represents a 15.63 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Paige K. Robbins sold 9,577 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $1,117.84, for a total value of $10,705,553.68. Following the completion of the sale, the vice president now directly owns 4,379 shares in the company, valued at $4,895,021.36. This trade represents a 68.62 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,406 shares of company stock valued at $11,634,643 in the last 90 days. 9.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages have weighed in on GWW. Morgan Stanley upped 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. Loop Capital upped their target price on W.W. Grainger from $900.00 to $1,100.00 and gave the stock a “hold” rating in a research report on Monday, October 21st. Robert W. Baird raised W.W. Grainger from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $975.00 to $1,230.00 in a research report on Wednesday, October 16th. Bank of America began coverage on W.W. Grainger in a research report on Monday, October 7th. They issued an “underperform” rating and a $925.00 target price on the stock. Finally, UBS Group began coverage on W.W. Grainger in a research report on Wednesday, November 13th. They issued a “neutral” rating and a $1,280.00 target price on the stock. One analyst has rated the stock with a sell rating, ten have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $1,140.56.

W.W. Grainger Stock Up 0.9 %

Shares of GWW stock opened at $1,131.99 on Tuesday. The stock’s 50 day simple moving average is $1,124.86 and its 200 day simple moving average is $1,061.60. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.68 and a current ratio of 2.59. 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 market capitalization of $55.13 billion, a price-to-earnings ratio of 30.69, a PEG ratio of 2.88 and a beta of 1.18.

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

W.W. Grainger Dividend Announcement

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

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.