Bb&T Securities Cut Its Illinois Tool Wks (ITW) Stake; Coho Partners LTD Has Cut W. W. Grainger (GWW) Position By $7.35 Million

January 2, 2018 - By Stephen Andrade

Bb&T Securities Llc decreased Illinois Tool Wks Inc (ITW) stake by 33.68% reported in 2017Q3 SEC filing. Bb&T Securities Llc sold 55,225 shares as Illinois Tool Wks Inc (ITW)’s stock rose 5.13%. The Bb&T Securities Llc holds 108,748 shares with $16.09M value, down from 163,973 last quarter. Illinois Tool Wks Inc now has $56.44 billion valuation. The stock decreased 1.26% or $2.1 during the last trading session, reaching $164.75. About 356,356 shares traded. Illinois Tool Works Inc. (NYSE:ITW) has risen 33.32% since January 2, 2017 and is uptrending. It has outperformed by 16.62% the S&P500.

Coho Partners Ltd decreased W. W. Grainger Inc. (GWW) stake by 5.92% reported in 2017Q3 SEC filing. Coho Partners Ltd sold 41,059 shares as W. W. Grainger Inc. (GWW)’s stock declined 31.42%. The Coho Partners Ltd holds 652,807 shares with $117.34M value, down from 693,866 last quarter. W. W. Grainger Inc. now has $13.38 billion valuation. The stock decreased 0.63% or $1.5 during the last trading session, reaching $234.75. About 194,536 shares traded. W.W. Grainger, Inc. (NYSE:GWW) has declined 21.15% since January 2, 2017 and is downtrending. It has underperformed by 37.85% the S&P500.

Investors sentiment increased to 0.87 in 2017 Q3. Its up 0.17, from 0.7 in 2017Q2. It increased, as 47 investors sold ITW shares while 354 reduced holdings. 79 funds opened positions while 268 raised stakes. 251.79 million shares or 0.92% less from 254.13 million shares in 2017Q2 were reported. Services Of America Incorporated, Wisconsin-based fund reported 119,866 shares. Bnp Paribas Asset Management owns 188,829 shares. Amica Pension Fund Board Of Trustees reported 11,851 shares. Highlander Limited Liability holds 0.06% or 500 shares in its portfolio. Janney Montgomery Scott Limited Liability Co holds 60,377 shares or 0.1% of its portfolio. Bank Of Montreal Can has invested 0.09% in Illinois Tool Works Inc. (NYSE:ITW). 500 were accumulated by Atwood And Palmer. Broderick Brian C has invested 0.23% in Illinois Tool Works Inc. (NYSE:ITW). The Minnesota-based Compass Cap Mgmt has invested 4.24% in Illinois Tool Works Inc. (NYSE:ITW). Jarislowsky Fraser Limited holds 0% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW) for 2,392 shares. Murphy Cap Mgmt invested in 0.06% or 2,785 shares. Teachers Retirement Sys Of The State Of Kentucky has invested 0.49% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Oakworth Cap holds 0.07% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW) for 2,024 shares. Balyasny Asset Mngmt invested in 0.04% or 73,115 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 77,398 shares or 0.11% of its portfolio.

Among 19 analysts covering Illinois Tool Works Inc (NYSE:ITW), 9 have Buy rating, 0 Sell and 10 Hold. Therefore 47% are positive. Illinois Tool Works Inc had 70 analyst reports since July 24, 2015 according to SRatingsIntel. Jefferies maintained the shares of ITW in report on Friday, June 30 with “Buy” rating. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, July 4. The firm earned “Hold” rating on Sunday, December 3 by Robert W. Baird. The rating was maintained by Robert W. Baird with “Outperform” on Thursday, April 21. The company was maintained on Tuesday, August 25 by Deutsche Bank. The rating was downgraded by Goldman Sachs to “Sell” on Friday, February 17. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Buy” rating by Jefferies on Monday, July 24. Argus Research maintained Illinois Tool Works Inc. (NYSE:ITW) on Tuesday, October 24 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Hold” on Monday, June 26. The company was maintained on Thursday, July 21 by RBC Capital Markets.

Since October 2, 2017, it had 0 insider buys, and 5 sales for $24.79 million activity. VALLS JUAN also sold $7.62 million worth of Illinois Tool Works Inc. (NYSE:ITW) on Wednesday, October 25. Hartnett John R. sold 6,533 shares worth $1.01 million. 64,818 Illinois Tool Works Inc. (NYSE:ITW) shares with value of $10.19 million were sold by MARTINDALE STEVEN L. SMITH HAROLD B sold 30,000 shares worth $4.99M.

Analysts await Illinois Tool Works Inc. (NYSE:ITW) to report earnings on January, 24. They expect $1.62 EPS, up 16.55% or $0.23 from last year’s $1.39 per share. ITW’s profit will be $555.01M for 25.42 P/E if the $1.62 EPS becomes a reality. After $1.71 actual EPS reported by Illinois Tool Works Inc. for the previous quarter, Wall Street now forecasts -5.26% negative EPS growth.

Bb&T Securities Llc increased First Tr Nasdaq100 Tech Inde (QTEC) stake by 118,170 shares to 166,957 valued at $11.38M in 2017Q3. It also upped Amazon Com Inc (NASDAQ:AMZN) stake by 3,043 shares and now owns 17,891 shares. Ishares Inc (IEMG) was raised too.

Since October 20, 2017, it had 0 insider buys, and 2 sales for $109,569 activity. 190 shares valued at $39,569 were sold by Tapia Eric R on Friday, October 20. On Thursday, October 26 the insider Robbins Paige K sold $70,000.

Investors sentiment increased to 0.98 in 2017 Q3. Its up 0.18, from 0.8 in 2017Q2. It is positive, as 62 investors sold GWW shares while 157 reduced holdings. 62 funds opened positions while 153 raised stakes. 47.96 million shares or 3.15% more from 46.50 million shares in 2017Q2 were reported. Pennsylvania-based Commonwealth Of Pennsylvania Public School Empls Retrmt has invested 0.01% in W.W. Grainger, Inc. (NYSE:GWW). Strs Ohio has 6,156 shares for 0% of their portfolio. Haverford Tru holds 1.05% or 279,836 shares in its portfolio. Moreover, Lord Abbett & Com Limited Liability Com has 0.02% invested in W.W. Grainger, Inc. (NYSE:GWW). 1,220 are held by Whittier Trust Co Of Nevada Inc. Apg Asset Nv invested 0.15% in W.W. Grainger, Inc. (NYSE:GWW). Symphony Asset Mngmt Ltd holds 0.04% of its portfolio in W.W. Grainger, Inc. (NYSE:GWW) for 1,965 shares. Franklin reported 0.06% stake. 4,774 were reported by D E Shaw Communications. Flossbach Von Storch Ag, Germany-based fund reported 16,100 shares. Assetmark has invested 0% in W.W. Grainger, Inc. (NYSE:GWW). Rockefeller stated it has 2,000 shares or 0.01% of all its holdings. 4,379 are held by Sumitomo Mitsui Asset Comm. Arrow Corp stated it has 0.01% of its portfolio in W.W. Grainger, Inc. (NYSE:GWW). The Illinois-based Department Mb Finance Natl Bank N A has invested 0.48% in W.W. Grainger, Inc. (NYSE:GWW).

Analysts await W.W. Grainger, Inc. (NYSE:GWW) to report earnings on January, 24. They expect $2.18 EPS, down 11.02% or $0.27 from last year’s $2.45 per share. GWW’s profit will be $124.23M for 26.92 P/E if the $2.18 EPS becomes a reality. After $2.90 actual EPS reported by W.W. Grainger, Inc. for the previous quarter, Wall Street now forecasts -24.83% negative EPS growth.

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