W.W. Grainger, Inc. (GWW) has seen significant activity surrounding its stocks. Various financial institutions including
Jefferies Financial Group Inc.,
Skandinaviska Enskilda Banken AB publ, and
Franklin Resources Inc. have sold a substantial number of shares. Meanwhile,
Vinva,
Champlain Investment Partners LLC,
Journey Strategic Wealth LLC, and
Prudential Financial Inc. among others have acquired a large volume of shares.
Prudential Financial substantially increased its stake with the acquisition of
4,475 shares, while
Vanguard Group Inc. added a whopping
238,895 shares. However, with a large percentage of the firm's stock held institutionally, the company's performance remains under scrutiny. Evaluate the declining share price, upcoming dividends, and the possibility of the stock splitting soon. Additionally, brokers generally rate the stock as a '
hold', indicating some market uncertainty about its future performance. It is noted that the stock missed its Q2 earnings estimates, and JPMorgan lowered its price target to $1,035 due to mixed Q2 results. Regardless, the potential for GWW to become a multi-bagger and its strong institutional backing keep it in investment conversations.
Grainger Stocks GWW News Analytics from Wed, 18 Jul 2018 07:00:00 GMT to Sat, 29 Nov 2025 14:16:30 GMT -
Rating 1
- Innovation -2
- Information 8
- Rumor 4
