New York: W.W. Grainger (NYSE:GWW) Stock Has Just Had Its Market Perform Rating Reiterated by BMO Capital. Shares now Have a $255 Target

April 21, 2018 - By Maria Brooks

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

Investors sentiment decreased to 0.81 in Q4 2017. Its down 0.17, from 0.98 in 2017Q3. It worsened, as 49 investors sold W.W. Grainger, Inc. shares while 190 reduced holdings. 75 funds opened positions while 118 raised stakes. 45.76 million shares or 4.60% less from 47.96 million shares in 2017Q3 were reported.

Argyle Mngmt invested 0.29% in W.W. Grainger, Inc. (NYSE:GWW). Bessemer Group accumulated 4,481 shares. Acadian Asset Management Lc holds 0.01% or 13,969 shares in its portfolio. 4,237 are owned by Veritable L P. Nomura owns 0% invested in W.W. Grainger, Inc. (NYSE:GWW) for 11,157 shares. Stifel holds 0.03% or 37,516 shares in its portfolio. Rampart Lc invested in 0.06% or 653 shares. The Ohio-based Gateway Advisers Ltd Llc has invested 0.01% in W.W. Grainger, Inc. (NYSE:GWW). Comerica Securities Inc holds 1,686 shares or 0.05% of its portfolio. Delta Asset Mngmt Llc Tn stated it has 8 shares. One Natl Association stated it has 0.03% of its portfolio in W.W. Grainger, Inc. (NYSE:GWW). Greatmark Invest Prtnrs invested in 21,855 shares or 1.87% of the stock. Liberty Mutual Group Inc Asset Mngmt Inc accumulated 2,092 shares. Regions Financial accumulated 3,660 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0.03% in W.W. Grainger, Inc. (NYSE:GWW).

Since October 26, 2017, it had 1 buying transaction, and 4 sales for $7.93 million activity. Another trade for 100 shares valued at $26,606 was made by Tapia Eric R on Thursday, February 1. Another trade for 19,500 shares valued at $5.75 million was made by HOWARD JOHN L on Thursday, April 5. Brown Laura D also sold $2.13M worth of W.W. Grainger, Inc. (NYSE:GWW) on Thursday, January 11. On Monday, February 5 the insider Watson Lucas E bought $50,020.

W.W. Grainger (NYSE:GWW) Rating Reaffirmed

BMO Capital now has a $255 PT on shares of W.W. Grainger (NYSE:GWW). The PT suggests a potential downside of -11.58 % from the current stock price of W.W. Grainger (NYSE:GWW). This rating was disclosed in analysts report on Friday, 20 April.

Investors sentiment decreased to 0.81 in Q4 2017. Its down 0.17, from 0.98 in 2017Q3. It worsened, as 49 investors sold W.W. Grainger, Inc. shares while 190 reduced holdings. 75 funds opened positions while 118 raised stakes. 45.76 million shares or 4.60% less from 47.96 million shares in 2017Q3 were reported.

Argyle Mngmt invested 0.29% in W.W. Grainger, Inc. (NYSE:GWW). Bessemer Group accumulated 4,481 shares. Acadian Asset Management Lc holds 0.01% or 13,969 shares in its portfolio. 4,237 are owned by Veritable L P. Nomura owns 0% invested in W.W. Grainger, Inc. (NYSE:GWW) for 11,157 shares. Stifel holds 0.03% or 37,516 shares in its portfolio. Rampart Lc invested in 0.06% or 653 shares. The Ohio-based Gateway Advisers Ltd Llc has invested 0.01% in W.W. Grainger, Inc. (NYSE:GWW). Comerica Securities Inc holds 1,686 shares or 0.05% of its portfolio. Delta Asset Mngmt Llc Tn stated it has 8 shares. One Natl Association stated it has 0.03% of its portfolio in W.W. Grainger, Inc. (NYSE:GWW). Greatmark Invest Prtnrs invested in 21,855 shares or 1.87% of the stock. Liberty Mutual Group Inc Asset Mngmt Inc accumulated 2,092 shares. Regions Financial accumulated 3,660 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0.03% in W.W. Grainger, Inc. (NYSE:GWW).

Since October 26, 2017, it had 1 buying transaction, and 4 sales for $7.93 million activity. Another trade for 100 shares valued at $26,606 was made by Tapia Eric R on Thursday, February 1. Another trade for 19,500 shares valued at $5.75 million was made by HOWARD JOHN L on Thursday, April 5. Brown Laura D also sold $2.13M worth of W.W. Grainger, Inc. (NYSE:GWW) on Thursday, January 11. On Monday, February 5 the insider Watson Lucas E bought $50,020.

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

Among 14 analysts covering WW Grainger (NYSE:GWW), 3 have Buy rating, 3 Sell and 8 Hold. Therefore 21% are positive. WW Grainger has $32700 highest and $148.0 lowest target. $275.83’s average target is -4.36% below currents $288.4 stock price. WW Grainger had 30 analyst reports since November 6, 2017 according to SRatingsIntel. BMO Capital Markets maintained the shares of GWW in report on Thursday, January 25 with “Market Perform” rating. Susquehanna maintained the shares of GWW in report on Friday, April 20 with “Hold” rating. As per Thursday, March 22, the company rating was maintained by Susquehanna. Robert W. Baird maintained the shares of GWW in report on Thursday, April 19 with “Buy” rating. RBC Capital Markets maintained the stock with “Sell” rating in Monday, November 13 report. On Friday, March 16 the stock rating was maintained by BMO Capital Markets with “Market Perform”. The firm earned “Sell” rating on Tuesday, January 9 by Credit Suisse. The firm earned “Hold” rating on Thursday, April 19 by Stephens. The firm earned “Outperform” rating on Thursday, January 25 by Oppenheimer. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, April 3.

The stock decreased 3.83% or $11.48 during the last trading session, reaching $288.4. About 1.30 million shares traded or 22.43% up from the average. W.W. Grainger, Inc. (NYSE:GWW) has risen 15.02% since April 21, 2017 and is uptrending. It has outperformed by 3.47% the S&P500.

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 $16.17 billion. It operates through two divisions, U.S. and Canada. It has a 28.78 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.

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

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