Grainger W W Inc (NYSE:GWW) Stock Sentiment Improves

W.W. Grainger, Inc. (NYSE:GWW) Logo

Sentiment for Grainger W W Inc (NYSE:GWW)

Grainger W W Inc (NYSE:GWW) institutional sentiment increased to 0.92 in 2019 Q1. Its up 0.18, from 0.74 in 2018Q4. The ratio increased, as 203 institutional investors increased and opened new positions, while 221 sold and reduced positions in Grainger W W Inc. The institutional investors in our partner’s database now hold: 43.13 million shares, down from 46.01 million shares in 2018Q4. Also, the number of institutional investors holding Grainger W W Inc in their top 10 positions decreased from 5 to 3 for a decrease of 2. Sold All: 31 Reduced: 190 Increased: 133 New Position: 70.

W.W. Grainger, Inc. distributes maintenance, repair, and operating supplies; and other related services and products that are used by businesses and institutions in the United States, Canada, Europe, Asia, and Latin America. The company has market cap of $14.37 billion. It operates through two divisions, U.S. and Canada. It has a 18.02 P/E ratio. The firm offers material handling equipment, safety and security supplies, lighting and electrical products, power and hand tools, pumps and plumbing supplies, cleaning and maintenance supplies, building and home inspection supplies, vehicle and fleet components, and various other products.

The stock decreased 1.80% or $4.84 during the last trading session, reaching $263.38. About 77,584 shares traded. W.W. Grainger, Inc. (NYSE:GWW) has declined 13.50% since August 14, 2018 and is downtrending. It has underperformed by 13.50% the S&P500.

Analysts await W.W. Grainger, Inc. (NYSE:GWW) to report earnings on October, 15. They expect $4.49 earnings per share, up 7.16 % or $0.30 from last year’s $4.19 per share. GWW’s profit will be $245.03 million for 14.66 P/E if the $4.49 EPS becomes a reality. After $4.64 actual earnings per share reported by W.W. Grainger, Inc. for the previous quarter, Wall Street now forecasts -3.23 % negative EPS growth.

Longview Partners (Guernsey) Ltd holds 5.4% of its portfolio in W.W. Grainger, Inc. for 3.41 million shares. Mu Investments Co. Ltd. owns 19,000 shares or 3.6% of their US portfolio. Moreover, Coho Partners Ltd. has 3.29% invested in the company for 484,827 shares. The Texas-based Fruth Investment Management has invested 2.79% in the stock. Merian Global Investors (Uk) Ltd, a United Kingdom-based fund reported 814,846 shares.

W.W. Grainger, Inc. (NYSE:GWW) Ratings Coverage

Ratings analysis reveals 0 of W.W. Grainger’s analysts are positive. Out of 3 Wall Street analysts rating W.W. Grainger, 0 give it “Buy”, 2 “Sell” rating, while 1 recommend “Hold”. The lowest target is $260 while the high is $32000. The stock’s average target of $285.75 is 8.49% above today’s ($263.38) share price. GWW was included in 13 notes of analysts from March 28, 2019. The rating was maintained by Buckingham Research on Wednesday, April 17 with “Neutral”. Morgan Stanley maintained the stock with “Underweight” rating in Monday, July 29 report. Atlantic Securities downgraded it to “Sell” rating and $260 target in Friday, June 21 report.

More notable recent W.W. Grainger, Inc. (NYSE:GWW) news were published by: Finance.Yahoo.com which released: “WW Grainger Inc (GWW) Q2 2019 Earnings Call Transcript – Yahoo Finance” on July 24, 2019, also Finance.Yahoo.com with their article: “Were Hedge Funds Right About Flocking Into W.W. Grainger, Inc. (GWW) ? – Yahoo Finance” published on June 10, 2019, Benzinga.com published: “Earnings Scheduled For July 24, 2019 – Benzinga” on July 24, 2019. More interesting news about W.W. Grainger, Inc. (NYSE:GWW) were released by: Finance.Yahoo.com and their article: “Why W.W. Grainger, Inc. (NYSE:GWW) Looks Like A Quality Company – Yahoo Finance” published on May 21, 2019 as well as Finance.Yahoo.com‘s news article titled: “How Should Investors React To W.W. Grainger, Inc.’s (NYSE:GWW) CEO Pay? – Yahoo Finance” with publication date: June 04, 2019.

W.W. Grainger, Inc. (NYSE:GWW) Institutional Positions Chart

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