Recent Research Analysts’ Ratings Changes for W.W. Grainger (GWW)

A number of research firms have changed their ratings and price targets for W.W. Grainger (NYSE: GWW):

  • 10/19/2017 – W.W. Grainger was upgraded by analysts at Atlantic Securities from an “underweight” rating to a “neutral” rating.
  • 10/19/2017 – W.W. Grainger was downgraded by analysts at UBS AG from a “neutral” rating to a “sell” rating. They now have a $195.00 price target on the stock, up previously from $170.00.
  • 10/18/2017 – W.W. Grainger had its price target raised by analysts at Royal Bank Of Canada from $145.00 to $146.00. They now have an “underperform” rating on the stock.
  • 10/18/2017 – W.W. Grainger had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $194.00 price target on the stock, up previously from $178.00.
  • 10/18/2017 – W.W. Grainger was given a new $210.00 price target on by analysts at Wells Fargo & Company. They now have a “hold” rating on the stock.
  • 10/18/2017 – W.W. Grainger was upgraded by analysts at Oppenheimer Holdings, Inc. from a “market perform” rating to an “outperform” rating. They now have a $245.00 price target on the stock.
  • 10/18/2017 – W.W. Grainger was given a new $185.00 price target on by analysts at Morgan Stanley. They now have a “sell” rating on the stock.
  • 10/18/2017 – W.W. Grainger was given a new $172.00 price target on by analysts at Credit Suisse Group. They now have a “sell” rating on the stock.
  • 10/9/2017 – W.W. Grainger had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $178.00 price target on the stock, up previously from $165.00.
  • 10/2/2017 – W.W. Grainger had its “underweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $178.00 price target on the stock, up previously from $172.00.
  • 9/19/2017 – W.W. Grainger was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Grainger’s results in the near term will be affected by inflationary expenses. Even though Grainger remains focused on improving gross margins and reducing its cost structure in Canada, the segment continues to be challenged due to higher expenses. In addition, Grainger’s oil and gas and energy exposure in Canada is very high. Thus, fluctuation in oil prices will hamper the segment’s results. Volatile raw material prices also remain a concern for the company. Grainger’s estimates have been undergoing negative revisions lately. Moreover, the stock underperformed the industry over the past year.”
  • 9/6/2017 – W.W. Grainger had its “sell” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $145.00 price target on the stock.

Shares of W.W. Grainger, Inc. (NYSE GWW) opened at 197.70 on Wednesday. The stock has a market cap of $11.27 billion, a PE ratio of 23.59 and a beta of 0.76. The company’s 50-day moving average is $184.58 and its 200 day moving average is $177.42. W.W. Grainger, Inc. has a 52 week low of $155.00 and a 52 week high of $262.71.

W.W. Grainger (NYSE:GWW) last announced its earnings results on Tuesday, October 17th. The industrial products company reported $2.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.34. The company had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.65 billion. W.W. Grainger had a net margin of 4.83% and a return on equity of 34.25%. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.06 earnings per share. Analysts forecast that W.W. Grainger, Inc. will post $10.68 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, November 13th will be issued a dividend of $1.28 per share. The ex-dividend date of this dividend is Friday, November 10th. This represents a $5.12 dividend on an annualized basis and a dividend yield of 2.59%. W.W. Grainger’s dividend payout ratio (DPR) is presently 60.95%.

In other news, VP Paige K. Robbins sold 346 shares of W.W. Grainger stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $202.31, for a total transaction of $69,999.26. Following the completion of the sale, the vice president now directly owns 8,400 shares in the company, valued at $1,699,404. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Eric R. Tapia sold 190 shares of W.W. Grainger stock in a transaction dated Friday, October 20th. The stock was sold at an average price of $208.26, for a total transaction of $39,569.40. Following the sale, the vice president now owns 3,748 shares of the company’s stock, valued at $780,558.48. The disclosure for this sale can be found here. Insiders own 9.60% of the company’s stock.

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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