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W.W. Grainger (NYSE:GWW) declared a quarterly dividend on Wednesday, January 29th, AR Network reports. Stockholders of record on Monday, February 10th will be given a dividend of 0.93 per share on Saturday, March 1st. This represents a $3.72 dividend on an annualized basis and a yield of 1.56%.

A number of research firms have recently commented on GWW. Analysts at Zacks reiterated a “neutral” rating on shares of W.W. Grainger in a research note to investors on Monday. They now have a $254.00 price target on the stock. On the ratings front, analysts at Barclays cut their price target on shares of W.W. Grainger from $294.00 to $285.00 in a research note to investors on Monday. They now have an “overweight” rating on the stock. Finally, analysts at Wunderlich raised their price target on shares of W.W. Grainger from $302.00 to $320.00 in a research note to investors on Wednesday, January 22nd. They now have a “buy” rating on the stock. Ten analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $257.79.

Shares of W.W. Grainger (NYSE:GWW) traded up 0.28% during mid-day trading on Wednesday, hitting $238.515. The stock had a trading volume of 318,489 shares. W.W. Grainger has a 1-year low of $215.09 and a 1-year high of $276.38. The stock has a 50-day moving average of $254.7 and a 200-day moving average of $259.6. The company has a market cap of $16.491 billion and a P/E ratio of 21.37.

W.W. Grainger (NYSE:GWW) last released its earnings data on Friday, January 24th. The company reported $2.59 EPS for the quarter, missing the Thomson Reuters consensus estimate of $2.63 by $0.04. The company had revenue of $2.38 billion for the quarter, compared to the consensus estimate of $2.37 billion. During the same quarter in the prior year, the company posted $2.42 earnings per share. The company’s quarterly revenue was up 6.8% on a year-over-year basis. On average, analysts predict that W.W. Grainger will post $12.68 earnings per share for the current fiscal year.

W.W. Grainger, Inc(NYSE:GWW) is a distributor of maintenance, repair and operating (MRO) supplies and other related products and services used by businesses and institutions primarily in the United States and Canada .

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