Institutional Investors Are Crazy For Grainger W W Inc (NYSE:GWW)

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 is positive, as 203 funds increased and started new equity positions, while 221 decreased and sold positions in Grainger W W Inc. The funds in our partner’s database now own: 43.13 million shares, down from 46.01 million shares in 2018Q4. Also, the number of funds holding Grainger W W Inc in their top 10 equity 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 $14.65 billion. It operates through two divisions, U.S. and Canada. It has a 18.36 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 2.50% or $6.88 during the last trading session, reaching $268.36. About 364,935 shares traded. W.W. Grainger, Inc. (NYSE:GWW) has declined 13.50% since August 11, 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 EPS, up 7.16 % or $0.30 from last year’s $4.19 per share. GWW’s profit will be $245.03 million for 14.94 P/E if the $4.49 EPS becomes a reality. After $4.64 actual EPS 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 6.48% above today’s ($268.36) share price. GWW was included in 13 notes of analysts from March 28, 2019. The rating was maintained by Buckingham Research with “Neutral” on Wednesday, April 17. The firm earned “Sell” rating on Friday, June 21 by Atlantic Securities. On Monday, July 29 the stock rating was maintained by Morgan Stanley with “Underweight”.

More notable recent W.W. Grainger, Inc. (NYSE:GWW) news were published by: Seekingalpha.com which released: “More on W.W. Grainger’s Q4 mixed results – Seeking Alpha” on January 24, 2019, also Finance.Yahoo.com with their article: “Why W.W. Grainger, Inc. (NYSE:GWW) Looks Like A Quality Company – Yahoo Finance” published on May 21, 2019, Finance.Yahoo.com published: “How Should Investors React To W.W. Grainger, Inc.’s (NYSE:GWW) CEO Pay? – Yahoo Finance” on June 04, 2019. More interesting news about W.W. Grainger, Inc. (NYSE:GWW) were released by: Benzinga.com and their article: “Earnings Scheduled For July 24, 2019 – Benzinga” published on July 24, 2019 as well as Seekingalpha.com‘s news article titled: “Investors mull mixed quarter for Grainger – Seeking Alpha” with publication date: April 22, 2019.

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

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