W W Grainger Inc (NYSE:GWW) had its target price lowered by investment analysts at Susquehanna from $200.00 to $196.00 in a report released on Thursday, StockTargetPrices.com reports. Susquehanna’s price objective suggests a potential upside of 5.64% from the company’s previous close.

Several hedge funds and institutional investors have recently added to or reduced their stakes in GWW. Somerset Trust Co increased its position in W W Grainger by 19.8% in the fourth quarter. Somerset Trust Co now owns 2,826 shares of the company’s stock valued at $573,000 after buying an additional 467 shares in the last quarter. Oakbrook Investments LLC increased its position in W W Grainger by 5.4% in the fourth quarter. Oakbrook Investments LLC now owns 84,875 shares of the company’s stock valued at $17,195,000 after buying an additional 4,380 shares in the last quarter. Dearborn Partners LLC increased its position in W W Grainger by 3.2% in the fourth quarter. Dearborn Partners LLC now owns 33,166 shares of the company’s stock valued at $6,719,000 after buying an additional 1,022 shares in the last quarter. BTIM Corp. increased its position in W W Grainger by 0.8% in the fourth quarter. BTIM Corp. now owns 308,798 shares of the company’s stock valued at $62,560,000 after buying an additional 2,412 shares in the last quarter. Finally, Nordea Investment Management AB increased its position in W W Grainger by 2.2% in the fourth quarter. Nordea Investment Management AB now owns 21,167 shares of the company’s stock valued at $4,288,000 after buying an additional 455 shares in the last quarter.

Other equities research analysts have also recently issued research reports about the stock. Robert W. Baird reduced their target price on shares of W W Grainger from $222.00 to $202.00 in a research report on Thursday, January 14th. Stifel Nicolaus cut their price objective on shares of W W Grainger from $224.00 to $216.00 and set a “buy” rating for the company in a research report on Friday, November 13th. Credit Suisse reaffirmed a “buy” rating and set a $222.00 price objective (down previously from $232.00) on shares of W W Grainger in a research report on Monday, November 23rd. Barclays cut their price objective on shares of W W Grainger from $190.00 to $176.00 and set an “equal weight” rating for the company in a research report on Monday, October 19th. Finally, Stephens cut shares of W W Grainger from an “overweight” rating to an “equal weight” rating in a research report on Monday, October 19th. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. W W Grainger presently has an average rating of “Hold” and an average price target of $204.80.

Shares of W W Grainger (NYSE:GWW) traded down 0.91% on Thursday, hitting $185.53. 1,058,764 shares of the stock traded hands. The stock has a 50 day moving average of $195.43 and a 200-day moving average of $212.17. W W Grainger has a 1-year low of $176.85 and a 1-year high of $252.87. The stock has a market cap of $11.65 billion and a PE ratio of 16.33.

W.W. Grainger, Inc. is a distributor of maintenance, repair and operating (NYSE:GWW) 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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