52-Week High Companies: VF Corp. (VFC), Precision Castparts Corp., Dominion Resources Inc., Newmont Mining Corp., and W.W. Grainger Inc.

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Sep 19, 2011
According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs: VF Corp. (VFC, Financial), Precision Castparts Corp. (PCP, Financial), Dominion Resources Inc. (D, Financial), Newmont Mining Corp. (NEM, Financial), and W.W. Grainger Inc. (GWW, Financial).


VF Corp. (VFC) Reached the 52-Week High of $124.68


V.F. Corporation designs, manufactures and markets branded jeans wear, intimate apparel, children's playwear, occupational apparel, knitwear and other apparel. VF Corp. has a market cap of $13.68 billion; its shares were traded at around $124.68 with a P/E ratio of 18.3 and P/S ratio of 1.7. The dividend yield of VF Corp. stocks is 2%. VF Corp. had an annual average earnings growth of 9.7% over the past 10 years. GuruFocus rated VF Corp. the business predictability rank of 3-star.


On July 21, VF Corp. announced record results for the second quarter of 2011. Revenues rose 15% to $1,840.1 million from $1,594.1 million in 2010. Net income rose to $129.4 million from $110.8 million, while earnings per share increased to $1.17 from $1.00.


This month, Director M. Rust Sharp, Vice President Administration and General Counsel Candace S. Cummings, and Director Ursula F. Fairbairn sold shares of VFC stock. Vice President Administration and General Counsel Candace S. Cummings and Director W. Alan McCollough sold shares in August.


Precision Castparts Corp. (PCP) Reached the 52-Week High of $171.49

Precision Castparts Corp. is a worldwide manufacturer of complex metal components and products. Precision Castparts Corp. has a market cap of $24.7 billion; its shares were traded at around $171.49 with a P/E ratio of 23.3 and P/S ratio of 4. The dividend yield of Precision Castparts Corp. stocks is 0.1%. Precision Castparts Corp. had an annual average earnings growth of 20.8% over the past 10 years. GuruFocus rated Precision Castparts Corp. the business predictability rank of 2-star.


On July 28, Precision Castparts Corp. improved both sequential and year-over-year sales and earnings in the first quarter of fiscal 2012.In the first quarter of fiscal 2012, Precision Castparts Corp. (PCC) increased year-over-year sales by 16%, reporting $1.68 billion of sales compared to $1.45 billion a year ago. Net income from continuing operations (attributable to PCC) totaled $285.6 million in the first quarter, compared to $236.1 million last year.


In August, Executive Vice President, Precision Forged Products Kenneth Buck sold 20,033 shares of PCP stock.


Dominion Resources Inc. (D) Reached the 52-Week High of $49.84

Dominion Resources is a producer of energy. Dominion has one of the larger British Thermal Unit production capability among integrated utilities in the northeast quadrant of the United States. Dominion Resources Inc. has a market cap of $28.37 billion; its shares were traded at around $49.84 with a P/E ratio of 15.6 and P/S ratio of 1.8. The dividend yield of Dominion Resources Inc. stocks is 3.9%. Dominion Resources Inc. had an annual average earnings growth of 4.5% over the past 10 years.


On July 28, Dominion announced unaudited reported earnings determined in accordance with Generally Accepted Accounting Principles (GAAP) for the three months ended June 30, 2011, of $336 million ($0.58 per share), compared with reported earnings of $1.761 billion ($2.98 per share) for the same period in 2010. Operating earnings for the three months ended June 30, 2011, amounted to $338 million ($0.59 per share), compared to operating earnings of $426 million ($0.72 per share) for the same period in 2010.


In August, President and CEO Thomas F. Farrell III, Director Dr. Peter W. Brown, Executive Vice President and Chief Financial Officer Mark F. McGettrick, Director William P. Barr, and Director Mark J. Kington shares of D stock.


Newmont Mining Corp. (NEM) Reached the 52-Week High of $65.72

Newmont Mining Corp. is engaged in the production of gold, the exploration for gold and the acquisition and development of gold properties worldwide. Newmont Mining Corp. has a market cap of $32.04 billion; its shares were traded at around $65.72 with a P/E ratio of 15.8 and P/S ratio of 3.4. The dividend yield of Newmont Mining Corp. stocks is 1.9%. Newmont Mining Corp. had an annual average earnings growth of 15.1% over the past 10 years. GuruFocus rated Newmont Mining Corp. the business predictability rank of 2.5-star.


On July 29, Newmont Mining Corporation announced that its second quarter 2011 attributable net income from continuing operations increased 37% to $523 million ($1.06 per share)(1) compared to $382 million($0.78 per share) in the second quarter of 2010. Adjusted net income(2) increased 18% to $445 million ($0.90 per share) in the second quarter of 2011, from $377 million ($0.77 per share) in the second quarter of 2010.


This month, Director, President and CEO Richard T Obrien, Executive Vice President, Discovery and Development Guy L. P. Lansdown, and Senior Vice President, North American Operations Thomas R. Kerr sold shares of KEM stock. Senior Vice President, Asia Pacific Operations Jeffrey R. Huspeni and Senior Vice President, South American Operations Cruz Carlos Santa sold shares in August.


W.W. Grainger Inc. (GWW) Reached the 52-Week High of $159.89

Grainger offers a breadth of MRO solutions by combining products, services, and information. W.W. Grainger Inc. has a market cap of $11.18 billion; its shares were traded at around $159.89 with a P/E ratio of 19.5 and P/S ratio of 1.6. The dividend yield of W.W. Grainger Inc. stocks is 1.6%. W.W. Grainger Inc. had an annual average earnings growth of 13.9% over the past 10 years. GuruFocus rated W.W. Grainger Inc. the business predictability rank of 3.5-star.


On July 19, Grainger reported record results for the 2011 second quarter ended June 30, 2011. Sales of $2.0 billion increased 12 percent versus $1.8 billion in the second quarter 2010. The 2011 second quarter had the same number of selling days (64) as second quarter of 2010. Net earnings for the quarter increased 32 percent to $170 million versus $129 million 2010. Earnings per share increased 35 percent to $2.34 versus $1.73 for the second quarter 2010.


This month, Senior Vice President and General Counsel John L. Howard and Vice President and Controller Gregory S. Irving sold shares of GWW stock. Director Brian P. Anderson sold 1,650 shares in June.