Thu Sep 26 15:05:02 UTC 2024: ## W.W. Grainger (GWW) Stock Sees Mixed Signals from Analysts, CEO Sells Shares

**New York, NY -** W.W. Grainger (NYSE:GWW), a leading distributor of industrial products, has seen a mixed bag of opinions from analysts lately. Wolfe Research upgraded the company to a “hold” rating on Sunday, while other firms like StockNews.com and Baird R W have downgraded it to “hold” as well.

Despite the mixed signals, the company continues to perform well financially. W.W. Grainger exceeded analysts’ earnings expectations in the second quarter, reporting $9.76 earnings per share, beating the consensus estimate of $9.58. The company also announced a quarterly dividend of $2.05 per share, representing an annualized dividend of $8.20 and a yield of 0.79%.

However, the recent stock sale by CEO Donald G. Macpherson has raised eyebrows. Macpherson sold 27,502 shares of the company’s stock on September 16th at an average price of $1,000.82, for a total value of $27,524,551.64. This transaction has prompted some investors to question the company’s future prospects.

Institutional investors are showing mixed interest in the company as well. While some have increased their holdings, others have sold shares or purchased new positions.

Overall, W.W. Grainger’s stock is trading at an average rating of “Hold” with an average price target of $1,014.11. Investors will be closely watching the company’s future performance and any further developments in the market.

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