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W.W. Grainger (NYSE:GWW) has received an average rating of “Hold” from the eighteen ratings firms that are currently covering the stock, American Banking News.com reports. Ten analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $257.79.

Shares of W.W. Grainger (NYSE:GWW) traded up 0.88% during mid-day trading on Thursday, hitting $231.97. The stock had a trading volume of 43,011 shares. W.W. Grainger has a 1-year low of $215.09 and a 1-year high of $276.38. The stock’s 50-day moving average is $251.1 and its 200-day moving average is $258.3. The company has a market cap of $15.972 billion and a price-to-earnings ratio of 20.66.

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.

The company also recently announced a quarterly dividend, which is scheduled for Saturday, March 1st. Stockholders of record on Monday, February 10th will be paid a dividend of 0.93 per share. This represents a $3.72 annualized dividend and a dividend yield of 1.61%. The ex-dividend date is Thursday, February 6th.

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, January 27th. They now have a $254.00 price target on the stock. Separately, 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, January 27th. 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.

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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