W.W. Grainger, Inc. (NYSE:GWW) is expected to pay $1.22 on Dec 1, 2016. The indicated annual dividend is $4.88. Shareholders owning the stock before Nov 9, 2016 will be eligible to receive the payout. Based on W.W. Grainger, Inc.’s current price of $209.90, the dividend is 0.58%. This dividend’s record date is Nov 14, 2016 and the announcement date is Oct 26, 2016. The stock increased 2.25% or $4.61 during the last trading session, hitting $209.9. W W Grainger Inc (NYSE:GWW) has declined 12.15% since April 5, 2016 and is downtrending. It has underperformed by 14.11% the S&P500.
W.W. Grainger, Inc. is a distributor of maintenance, repair and operating (MRO) supplies and other related services and products. The company has a market cap of $12.23 billion. The Firm offers its services and products to businesses and institutions in the United States and Canada, with presence also in Europe, Asia and Latin America. It has a 18.87 P/E ratio. Grainger operates through two divisions: the United States and Canada.
Insitutional Activity: The institutional sentiment decreased to 0.87 in 2016 Q2. Its down 0.15, from 1.02 in 2016Q1. The ratio is negative, as 52 funds sold all W W Grainger Inc shares owned while 189 reduced positions. 40 funds bought stakes while 169 increased positions. They now own 49.10 million shares or 9.27% less from 54.11 million shares in 2016Q1.
The Nevada-based Whittier Trust Of Nevada has invested 0.04% in W W Grainger Inc (NYSE:GWW). Charter Trust Com holds 1,114 shares or 0.03% of its portfolio. Gotham Asset Mngmt Lc has 0.14% invested in the company for 51,662 shares. Crawford Counsel Inc accumulated 138,510 shares or 1.25% of the stock. Royal Bank & Trust Of Canada last reported 0.01% of its portfolio in the stock. Stadion Money Management Lc last reported 4,178 shares in the company. Albert D Mason has 1.37% invested in the company for 10,386 shares. Architects accumulated 23 shares or 0% of the stock. Greystone Mngmt Limited Liability Co owns 15,903 shares or 1.63% of their US portfolio. Carroll Financial Assoc has 1,905 shares for 0.07% of their US portfolio. Alecta Pensionsforsakring Omsesidigt reported 400,000 shares or 0.89% of all its holdings. Harris Assocs Limited Partnership has 0.19% invested in the company for 405,382 shares. Blackrock Group Limited reported 438,876 shares or 0.05% of all its holdings. Clinton reported 5,106 shares or 0.05% of all its holdings. Verition Fund Management Ltd owns 2,744 shares or 0.08% of their US portfolio.
Insider Transactions: Since May 31, 2016, the stock had 0 buys, and 2 sales for $779,523 net activity. HIGH JOSEPH C sold 1,722 shares worth $378,840. Another trade for 1,776 shares valued at $400,683 was made by Brown Laura D on Tuesday, May 31.
W W Grainger Inc (NYSE:GWW) Ratings Coverage
Out of 11 analysts covering W.W. Grainger (NYSE:GWW), 3 rate it a “Buy”, 2 “Sell”, while 6 “Hold”. This means 27% are positive. W.W. Grainger has been the topic of 46 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Monday, October 19 by Stephens. The rating was downgraded by Stifel Nicolaus on Friday, April 1 to “Hold”. The stock has “Underperform” rating given by RBC Capital Markets on Wednesday, July 20. The company was maintained on Wednesday, October 19 by Credit Suisse. Barclays Capital maintained W W Grainger Inc (NYSE:GWW) rating on Monday, November 16. Barclays Capital has “Equal Weight” rating and $181 price target. The firm earned “Equal-Weight” rating on Tuesday, October 20 by Morgan Stanley. The firm has “Outperform” rating given on Friday, August 26 by Macquarie Research. The company was initiated on Friday, December 18 by KeyBanc Capital Markets. Robert W. Baird downgraded the stock to “Neutral” rating in Monday, August 24 report. The firm has “Outperform” rating by Credit Suisse given on Tuesday, September 15.
More notable recent W W Grainger Inc (NYSE:GWW) news were published by: Forbes.com which released: “Ex-Dividend Reminder: W.W. Grainger, United Parcel Service and Woodward” on November 07, 2016, also Seekingalpha.com with their article: “Dividend Aristocrats In Focus Part 30: W.W. Grainger” published on November 05, 2016, Prnewswire.com published: “Grainger Declares Quarterly Dividend” on October 26, 2016. More interesting news about W W Grainger Inc (NYSE:GWW) were released by: Nasdaq.com and their article: “W.W. Grainger Inc. (GWW) Has Dropped To An 8-Month Low After Guidance Narrowed” published on October 18, 2016 as well as Prnewswire.com‘s news article titled: “Grainger Announces Next Step In CEO Succession Process” with publication date: August 08, 2016.
GWW Company Profile
W.W. Grainger, Inc. (Grainger), incorporated on December 27, 1928, is a distributor of maintenance, repair and operating (MRO) supplies and other related services and products. The Firm offers its services and products to businesses and institutions in the United States and Canada, with presence also in Europe, Asia and Latin America. Grainger operates through two divisions: the United States and Canada. Grainger’s centralized business support functions provide coordination and guidance in the areas of accounting and finance, business development, communications and investor relations, compensation and benefits, information systems, health and safety, global supply chain functions, human resources, risk management, internal audit, legal, real estate, security, tax and treasury. The Company’s others businesses also include The Fabory Group (Fabory), MonotaRO Co. (MonotaRO), Grainger Mexico and Zoro Tools, Inc. (Zoro).
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