W W Grainger Inc (GWW) VP Laura D. Brown Sells 9,158 Shares

W W Grainger Inc (NYSE:GWW) VP Laura D. Brown sold 9,158 shares of the firm’s stock in a transaction that occurred on Thursday, January 11th. The shares were sold at an average price of $232.86, for a total transaction of $2,132,531.88. Following the completion of the transaction, the vice president now owns 16,893 shares in the company, valued at approximately $3,933,703.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of W W Grainger Inc (NYSE:GWW) opened at $235.67 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 2.28 and a quick ratio of 1.28. W W Grainger Inc has a 1 year low of $155.00 and a 1 year high of $262.71. The stock has a market cap of $13,430.00, a P/E ratio of 27.96, a price-to-earnings-growth ratio of 2.22 and a beta of 0.82.

W W Grainger (NYSE:GWW) last issued its quarterly earnings data on Tuesday, October 17th. The industrial products company reported $2.90 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.56 by $0.34. W W Grainger had a net margin of 4.83% and a return on equity of 34.25%. The company had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.65 billion. During the same quarter last year, the company earned $3.06 earnings per share. W W Grainger’s revenue for the quarter was up 1.5% on a year-over-year basis. equities research analysts forecast that W W Grainger Inc will post 10.71 EPS for the current fiscal year.

A number of large investors have recently modified their holdings of GWW. Exane Derivatives acquired a new stake in W W Grainger in the third quarter valued at approximately $101,000. Westside Investment Management Inc. acquired a new stake in W W Grainger in the third quarter valued at approximately $107,000. Salem Investment Counselors Inc. grew its position in W W Grainger by 1.0% in the second quarter. Salem Investment Counselors Inc. now owns 606 shares of the industrial products company’s stock valued at $109,000 after acquiring an additional 6 shares in the last quarter. Fieldpoint Private Securities LLC acquired a new stake in W W Grainger in the third quarter valued at approximately $133,000. Finally, Legacy Advisors LLC acquired a new stake in W W Grainger in the third quarter valued at approximately $198,000. 85.02% of the stock is owned by institutional investors.

GWW has been the topic of several research reports. Zacks Investment Research lowered shares of W W Grainger from a “hold” rating to a “sell” rating in a report on Tuesday, September 19th. Morgan Stanley restated an “underweight” rating and issued a $178.00 price target (up previously from $172.00) on shares of W W Grainger in a report on Monday, October 2nd. BMO Capital Markets restated a “market perform” rating and issued a $178.00 price target (up previously from $165.00) on shares of W W Grainger in a report on Monday, October 9th. Royal Bank of Canada raised their price target on shares of W W Grainger from $145.00 to $146.00 and gave the company an “underperform” rating in a report on Wednesday, October 18th. Finally, Wells Fargo & Co set a $210.00 price target on shares of W W Grainger and gave the company a “hold” rating in a report on Wednesday, October 18th. Seven research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $195.77.

WARNING: This article was posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this article on another site, it was illegally copied and reposted in violation of US and international copyright legislation. The correct version of this article can be read at https://www.com-unik.info/2018/01/14/w-w-grainger-inc-gww-vp-laura-d-brown-sells-9158-shares.html.

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.

Insider Buying and Selling by Quarter for W W Grainger (NYSE:GWW)

What are top analysts saying about W W Grainger? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for W W Grainger and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit