Grainger W W Inc (NYSE:GWW) Q1 2019 Sentiment Change

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 Q1 2019. Its up 0.18, from 0.74 in 2018Q4. The ratio is positive, as 203 funds opened new or increased holdings, while 221 sold and reduced their stakes in Grainger W W Inc. The funds in our partner’s database now hold: 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 holdings 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 $15.02 billion. It operates through two divisions, U.S. and Canada. It has a 20.01 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 increased 0.58% or $1.68 during the last trading session, reaching $292.41. About 122,079 shares traded. W.W. Grainger, Inc. (NYSE:GWW) has declined 13.50% since September 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 $4.50 EPS, up 7.40 % or $0.31 from last year’s $4.19 per share. GWW’s profit will be $231.15M for 16.25 P/E if the $4.50 EPS becomes a reality. After $4.64 actual EPS reported by W.W. Grainger, Inc. for the previous quarter, Wall Street now forecasts -3.02 % 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 -2.28% below today’s ($292.41) share price. GWW was included in 13 notes of analysts from March 28, 2019. The stock of W.W. Grainger, Inc. (NYSE:GWW) has “Sell” rating given on Friday, June 21 by Atlantic Securities. Buckingham Research maintained the stock with “Neutral” rating in Wednesday, April 17 report. Morgan Stanley maintained the shares of GWW in report on Monday, July 29 with “Underweight” rating.

More notable recent W.W. Grainger, Inc. (NYSE:GWW) news were published by: Finance.Yahoo.com which released: “At US$274, Is W.W. Grainger, Inc. (NYSE:GWW) Worth Looking At Closely? – Yahoo Finance” on June 24, 2019, also Seekingalpha.com with their article: “W.W. Grainger: An Excellent Business But Bad Investment – Seeking Alpha” published on September 03, 2019, Seekingalpha.com published: “W.W. Grainger Q2 2019 Earnings Preview – Seeking Alpha” on July 23, 2019. More interesting news about W.W. Grainger, Inc. (NYSE:GWW) were released by: Finance.Yahoo.com and their article: “How Much Are W.W. Grainger, Inc. (NYSE:GWW) Insiders Taking Off The Table? – Yahoo Finance” published on July 08, 2019 as well as Seekingalpha.com‘s news article titled: “W.W. Grainger declares $1.44 dividend – Seeking Alpha” with publication date: April 24, 2019.

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

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