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W.W. Grainger sees surge in institutional investment, slightly missing Q4 earnings estimates but announces $2.05 dividend.
W.W. Grainger, Inc. saw a significant rise in institutional investment in Q4, with some investors increasing their stakes while others, like Arjuna Capital, slightly reduced theirs.
The stock opened at $1,007.06 with a market cap of $48.56 billion, and the company reported $9.71 EPS for the latest quarter, slightly missing analyst estimates.
W.W. Grainger also announced a quarterly dividend of $2.05 per share.
The company, which distributes maintenance and repair products, has 80.70% of its stock owned by institutional investors.
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W.W. Grainger ve un aumento en la inversión institucional, poco faltando estimaciones de ganancias Q4, pero anuncia dividendo $2.05.