How Will Grainger (GWW) Stock React To New Rating Coverage byBuckingham Research?

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

Investors sentiment is 0.81 in Q3 2018. Its the same as in 2018Q2. It is the same, as 28 investors sold W.W. Grainger, Inc. shares while 228 reduced holdings. only 80 funds opened positions while 127 raised stakes. 41.59 million shares or 3.78% less from 43.23 million shares in 2018Q2 were reported.

Verus, Virginia-based fund reported 1,164 shares. Amundi Pioneer Asset Management invested in 0.03% or 56,756 shares. First Interstate State Bank holds 0.03% or 405 shares in its portfolio. Fred Alger Mgmt accumulated 43 shares or 0% of the stock. Oregon Pub Employees Retirement Fund holds 20,169 shares. 14,812 were accumulated by Lpl Fincl Ltd Liability Company. Saturna Corporation invested 0.85% in W.W. Grainger, Inc. (NYSE:GWW). Crawford Invest Counsel reported 5,344 shares. Ancora Advsr Ltd Limited Liability Company holds 0% of its portfolio in W.W. Grainger, Inc. (NYSE:GWW) for 200 shares. Mackay Shields Ltd reported 94,607 shares. Magnetar Fin Ltd Liability Co accumulated 1,246 shares. Boltwood Mngmt reported 2,148 shares. Brandywine Global Investment Ltd Co owns 21,915 shares. 2,678 are held by Martingale Asset Mngmt L P. Mariner Limited Liability holds 2,676 shares.

Since June 13, 2018, it had 0 insider purchases, and 3 selling transactions for $6.40 million activity. 1,000 shares were sold by ANDERSON BRIAN P, worth $360,177 on Thursday, August 16. HOWARD JOHN L sold $5.52M worth of stock or 14,990 shares.

Why Has Buckingham Research Given Grainger (GWW) a $325.0 Price Target

Investment analysts at Buckingham Research gave a key “Neutral” rating for Grainger (GWW). The firm began coverage in a report sent to clients and investors on Tuesday, 11 December. The target price indicates upside of 13.91 % from the previous close.

The stock increased 0.50% or $1.42 during the last trading session, reaching $286.73. About 494,854 shares traded. W.W. Grainger, Inc. (GWW) has risen 28.36% since December 12, 2017 and is uptrending. It has outperformed by 28.36% the S&P500.

Analysts await W.W. Grainger, Inc. (NYSE:GWW) to report earnings on January, 23. They expect $3.58 earnings per share, up 21.77 % or $0.64 from last year’s $2.94 per share. GWW’s profit will be $201.63 million for 20.02 P/E if the $3.58 EPS becomes a reality. After $4.19 actual earnings per share reported by W.W. Grainger, Inc. for the previous quarter, Wall Street now forecasts -14.56 % negative EPS growth.

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 $16.15 billion. It operates through two divisions, U.S. and Canada. It has a 22.63 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.

More notable recent W.W. Grainger, Inc. (NYSE:GWW) news were published by: Zacks.com which released: “What’s Behind Grainger (GWW) Rally of 56% in the Past Year? – Zacks.com” on November 19, 2018, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For December 11, 2018 – Benzinga” published on December 11, 2018, Globenewswire.com published: “Recent Analysis Shows Vuzix, Trupanion, WW Grainger, Greenlight Capital Re, Golden Star Resources, and ZTO Express (Cayman) Market Influences — Renewed Outlook, Key Drivers of Growth – GlobeNewswire” on November 29, 2018. More interesting news about W.W. Grainger, Inc. (NYSE:GWW) were released by: Finance.Yahoo.com and their article: “Should You Buy WW. Grainger Inc. (NYSE:GWW) At $255.3? – Yahoo Finance” published on March 03, 2018 as well as Seekingalpha.com‘s news article titled: “Dividend Champion Spotlight: W.W. Grainger, Inc. – Seeking Alpha” with publication date: November 21, 2018.

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

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