Grainger W W Inc (NYSE:GWW) Institutional Investor Sentiment Analysis

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

Sentiment for Grainger W W Inc (NYSE:GWW)

Grainger W W Inc (NYSE:GWW) institutional sentiment decreased to 0.74 in 2018 Q4. Its down -0.07, from 0.81 in 2018Q3. The ratio has dropped, as 194 funds started new or increased holdings, while 262 trimmed and sold equity positions in Grainger W W Inc. The funds in our partner’s database now own: 46.01 million shares, up from 41.59 million shares in 2018Q3. Also, the number of funds holding Grainger W W Inc in their top 10 holdings decreased from 7 to 5 for a decrease of 2. Sold All: 73 Reduced: 189 Increased: 139 New Position: 55.

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 $14.42 billion. It operates through two divisions, U.S. and Canada. It has a 18.4 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 2.84% or $7.61 during the last trading session, reaching $260.08. About 598,754 shares traded or 42.41% up from the average. W.W. Grainger, Inc. (NYSE:GWW) has risen 18.34% since May 13, 2018 and is uptrending. It has outperformed by 13.97% the S&P500.

Analysts await W.W. Grainger, Inc. (NYSE:GWW) to report earnings on July, 17. They expect $4.66 earnings per share, up 6.64 % or $0.29 from last year’s $4.37 per share. GWW’s profit will be $258.37M for 13.95 P/E if the $4.66 EPS becomes a reality. After $4.51 actual earnings per share reported by W.W. Grainger, Inc. for the previous quarter, Wall Street now forecasts 3.33 % EPS growth.

Longview Partners (Guernsey) Ltd holds 4.74% of its portfolio in W.W. Grainger, Inc. for 3.16 million shares. Mu Investments Co. Ltd. owns 19,000 shares or 3.95% of their US portfolio. Moreover, Coho Partners Ltd. has 3.38% invested in the company for 472,501 shares. The Texas-based Fruth Investment Management has invested 3.04% in the stock. Tobam, a France-based fund reported 179,706 shares.

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

Ratings analysis reveals 50% of W.W. Grainger’s analysts are positive. Out of 2 Wall Street analysts rating W.W. Grainger, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $316 while the high is $325. The stock’s average target of $318 is 22.27% above today’s ($260.08) share price. GWW was included in 7 notes of analysts from December 11, 2018. The firm earned “Outperform” rating on Tuesday, January 15 by Macquarie Research. The stock has “Neutral” rating by Buckingham Research on Wednesday, April 17.

More notable recent W.W. Grainger, Inc. (NYSE:GWW) news were published by: Fool.com which released: “How Amazon Could Cost This Industry $20 Billion – The Motley Fool” on April 21, 2019, also Seekingalpha.com with their article: “Investors mull mixed quarter for Grainger – Seeking Alpha” published on April 22, 2019, Seekingalpha.com published: “More on W.W. Grainger’s Q4 mixed results – Seeking Alpha” on January 24, 2019. More interesting news about W.W. Grainger, Inc. (NYSE:GWW) were released by: Seekingalpha.com and their article: “W.W. Grainger Q1 2019 Earnings Preview – Seeking Alpha” published on April 21, 2019 as well as Prnewswire.com‘s news article titled: “Grainger Increases Quarterly Dividend By 6 Percent And Authorizes Repurchase Of Additional 5 Million Shares – PRNewswire” with publication date: April 24, 2019.

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

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