Sentiment for Grainger W W Inc (NYSE:GWW)
Grainger W W Inc (NYSE:GWW) institutional sentiment decreased to 0.68 in 2019 Q2. Its down -0.24, from 0.92 in 2019Q1. The ratio worsened, as 171 investment managers increased and opened new equity positions, while 251 reduced and sold stock positions in Grainger W W Inc. The investment managers in our partner’s database reported: 38.56 million shares, down from 43.13 million shares in 2019Q1. Also, the number of investment managers holding Grainger W W Inc in their top 10 equity positions decreased from 3 to 1 for a decrease of 2. Sold All: 50 Reduced: 201 Increased: 116 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 $17.18 billion. It operates through two divisions, U.S. and Canada. It has a 18.68 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 2.04% or $6.37 during the last trading session, reaching $319. About 367,842 shares traded or 3.69% up from the average. W.W. Grainger, Inc. (NYSE:GWW) has declined 13.50% since November 23, 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 January, 23. They expect $4.03 EPS, up 1.77 % or $0.07 from last year’s $3.96 per share. GWW’s profit will be $217.08 million for 19.79 P/E if the $4.03 EPS becomes a reality. After $4.26 actual EPS reported by W.W. Grainger, Inc. for the previous quarter, Wall Street now forecasts -5.40 % negative EPS growth.
Longview Partners (Guernsey) Ltd holds 5.35% of its portfolio in W.W. Grainger, Inc. for 4.11 million shares. Mu Investments Co. Ltd. owns 19,400 shares or 3.21% of their US portfolio. Moreover, Coho Partners Ltd. has 2.98% invested in the company for 472,623 shares. The Texas-based Fruth Investment Management has invested 2.38% in the stock. Greatmark Investment Partners Inc., a Georgia-based fund reported 20,709 shares.
W.W. Grainger, Inc. (NYSE:GWW) Ratings Coverage
Ratings analysis reveals 0 of W.W. Grainger’s analysts are positive. Out of 7 Wall Street analysts rating W.W. Grainger, 0 give it “Buy”, 3 “Sell” rating, while 4 recommend “Hold”. The lowest target is $250 while the high is $34000. The stock’s average target of $295.88 is -7.25% below today’s ($319) share price. GWW was included in 14 notes of analysts from May 31, 2019. The stock of W.W. Grainger, Inc. (NYSE:GWW) earned “Sell” rating by RBC Capital Markets on Thursday, October 24. The rating was maintained by JP Morgan on Thursday, October 10 with “Neutral”. Morgan Stanley maintained the shares of GWW in report on Thursday, October 24 with “Underweight” rating. The company was maintained on Thursday, October 24 by Buckingham Research. The firm has “Neutral” rating by Robert W. Baird given on Thursday, October 24. The firm has “Sell” rating given on Friday, June 21 by Atlantic Securities. The firm earned “Neutral” rating on Tuesday, October 8 by Buckingham Research. Stephens maintained W.W. Grainger, Inc. (NYSE:GWW) on Thursday, October 24 with “Hold” rating. 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: Finance.Yahoo.com which released: “W.W. Grainger, Inc. (NYSE:GWW) Earns A Nice Return On Capital Employed – Yahoo Finance” on August 05, 2019, also Benzinga.com with their article: “Stocks That Hit 52-Week Highs On Monday – Benzinga” published on November 04, 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: Finance.Yahoo.com and their article: “Should You Be Happy With W.W. Grainger, Inc.’s (NYSE:GWW) 5.2% Earnings Growth? – Yahoo Finance” published on September 16, 2019 as well as Prnewswire.com‘s news article titled: “Grainger Declares Quarterly Dividend – PRNewswire” with publication date: October 30, 2019.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.