Should You Invest Your Money in W.W. Grainger (GWW) Shares?

Carillon Tower Advisers, an investment management firm, published its “Carillon Eagle Mid Cap Growth Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded here. Mid-cap stocks overall posted solid gains in the final quarter of 2021. As was the case for the majority of the year, the Russell Midcap® Growth Index (up 2.85%) lagged behind its Russell Midcap® Value Index (up 8.54%) counterpart. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

Carillon Tower Advisers, in its Q4 2021 investor letter, mentioned W.W. Grainger, Inc. (NYSE: GWW) and discussed its stance on the firm. W.W. Grainger, Inc. is a Lake Forest, Illinois-based industrial supply company with a $25.2 billion market capitalization. GWW delivered a -5.60% return since the beginning of the year, while its 12-month returns are up by 30.03%. The stock closed at $489.23 per share on February 09, 2022.

Here is what Carillon Tower Advisers has to say about W.W. Grainger, Inc. in its Q4 2021 investor letter:

“W.W. Grainger is a broad line supplier of maintenance, repair, and operating products and services. The firm’s stock reacted quite positively to an impressive quarterly update highlighted by sales and margin growth above investor expectations. As the largest participant in the highly fragmented industrial distribution space, the company is gaining market share amid the current notably tight supply-chain environment as a result of its vast inventory position, supplier relationships, and ability to distribute across a widespread network.”

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Our calculations show that W.W. Grainger, Inc. (NYSE: GWW) failed to obtain a mark on our list of the 30 Most Popular Stocks Among Hedge Funds. GWW was in 28 hedge fund portfolios at the end of the third quarter of 2021, compared to 29 funds in the previous quarter. W.W. Grainger, Inc. (NYSE: GWW) delivered a 1.71% return in the past 3 months.

In November 2021, we published an article that includes GWW in the 10 Dividend Kings to Buy for 2022. You can find more than 100 investor letters from hedge funds and prominent investors on our hedge fund investor letters 2021 Q4 page.

Disclosure: None. This article is originally published at Insider Monkey.