Stack Financial Management Inc buys $20,126,948 stake in W W Grainger Inc (GWW)

W W Grainger Inc (GWW) : Stack Financial Management Inc scooped up 176 additional shares in W W Grainger Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 87,745 shares of W W Grainger Inc which is valued at $20,126,948.W W Grainger Inc makes up approximately 2.47% of Stack Financial Management Inc’s portfolio.

Other Hedge Funds, Including , California Public Employees Retirement System reduced its stake in GWW by selling 4,800 shares or 2.66% in the most recent quarter. The Hedge Fund company now holds 175,728 shares of GWW which is valued at $38,194,481. W W Grainger Inc makes up approx 0.06% of California Public Employees Retirement System’s portfolio.Ftb Advisors reduced its stake in GWW by selling 59 shares or 23.32% in the most recent quarter. The Hedge Fund company now holds 194 shares of GWW which is valued at $42,457. W W Grainger Inc makes up approx 0.01% of Ftb Advisors’s portfolio. Raub Brock Capital Management Lp sold out all of its stake in GWW during the most recent quarter. The investment firm sold 55,475 shares of GWW which is valued $12,166,222.

W W Grainger Inc opened for trading at $228.73 and hit $231.5 on the upside on Monday, eventually ending the session at $230.99, with a gain of 0.88% or 2.02 points. The heightened volatility saw the trading volume jump to 3,21,901 shares. Company has a market cap of $13,957 M.

On the company’s financial health, W W Grainger Inc reported $2.89 EPS for the quarter, missing the analyst consensus estimate by $ -0.28 based on the information available during the earnings call on Jul 19, 2016. Analyst had a consensus of $3.17. The company had revenue of $2564.00 million for the quarter, compared to analysts expectations of $2573.40 million. The company’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.27 EPS.

Many Wall Street Analysts have commented on W W Grainger Inc. Shares were Reiterated by UBS on Jul 20, 2016 to “Neutral” and Lowered the Price Target to $ 225 from a previous price target of $235 .Shares were Reiterated by RBC Capital Mkts on Jul 20, 2016 to “Underperform” and Lowered the Price Target to $ 187 from a previous price target of $197 .W W Grainger Inc was Downgraded by Credit Suisse to ” Neutral” on Jun 17, 2016.

W.W. Grainger Inc. is a distributor of maintenance repair and operating (MRO) supplies and other related products and services. The Company offers its products and services to businesses and institutions in the United States and Canada with presence also in Europe Asia and Latin America. It operates in two segments: the United States and Canada. The United States business offers a selection of maintenance repair and operating supplies and other related products and services. Acklands – Grainger is a distributor of industrial and safety supplies that distributes tools fasteners safety supplies instruments welding and shop equipment among others. Other businesses include Zoro the single channel online business in the United States and operations in Europe Asia and Latin America. The Company provides customers with a range of options for finding and purchasing products utilizing sales representatives contact centers direct marketing materials catalogs and e-commerce.

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