Cwm LLC Purchases 547 Shares of The Sherwin-Williams Company (NYSE:SHW)

Cwm LLC raised its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 9.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,276 shares of the specialty chemicals company’s stock after purchasing an additional 547 shares during the period. Cwm LLC’s holdings in Sherwin-Williams were worth $1,957,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of SHW. Vanguard Group Inc. boosted its holdings in shares of Sherwin-Williams by 0.9% in the third quarter. Vanguard Group Inc. now owns 21,256,686 shares of the specialty chemicals company’s stock worth $5,421,518,000 after acquiring an additional 187,478 shares during the period. FMR LLC boosted its holdings in shares of Sherwin-Williams by 65.4% in the third quarter. FMR LLC now owns 5,427,014 shares of the specialty chemicals company’s stock worth $1,384,160,000 after acquiring an additional 2,146,102 shares during the period. Morgan Stanley boosted its holdings in shares of Sherwin-Williams by 1.5% in the third quarter. Morgan Stanley now owns 5,063,957 shares of the specialty chemicals company’s stock worth $1,291,563,000 after acquiring an additional 75,571 shares during the period. Clearbridge Investments LLC boosted its holdings in shares of Sherwin-Williams by 1.1% in the third quarter. Clearbridge Investments LLC now owns 2,662,647 shares of the specialty chemicals company’s stock worth $679,108,000 after acquiring an additional 28,554 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of Sherwin-Williams by 4.4% in the third quarter. Northern Trust Corp now owns 2,524,391 shares of the specialty chemicals company’s stock worth $643,846,000 after acquiring an additional 106,319 shares during the period. 77.67% of the stock is owned by institutional investors.

Sherwin-Williams Trading Up 0.4 %

Shares of SHW stock opened at $304.80 on Friday. The Sherwin-Williams Company has a 1 year low of $221.76 and a 1 year high of $348.37. The firm has a fifty day moving average price of $328.10 and a 200-day moving average price of $298.81. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.78 and a quick ratio of 0.48. The company has a market cap of $77.56 billion, a price-to-earnings ratio of 32.49, a PEG ratio of 2.41 and a beta of 1.15.

Sherwin-Williams (NYSE:SHW) last issued its earnings results on Tuesday, April 23rd. The specialty chemicals company reported $2.17 earnings per share for the quarter, missing the consensus estimate of $2.22 by ($0.05). The firm had revenue of $5.37 billion during the quarter, compared to the consensus estimate of $5.50 billion. Sherwin-Williams had a return on equity of 73.74% and a net margin of 10.52%. The company’s quarterly revenue was down 1.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.04 EPS. As a group, equities analysts predict that The Sherwin-Williams Company will post 11.44 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Friday, May 17th will be issued a dividend of $0.715 per share. This represents a $2.86 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend is Thursday, May 16th. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.49%.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, SVP Gregory P. Sofish sold 1,830 shares of the stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $320.70, for a total transaction of $586,881.00. Following the completion of the transaction, the senior vice president now owns 6,329 shares of the company’s stock, valued at approximately $2,029,710.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, SVP Gregory P. Sofish sold 1,830 shares of the company’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $320.70, for a total transaction of $586,881.00. Following the sale, the senior vice president now directly owns 6,329 shares in the company, valued at approximately $2,029,710.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Todd D. Rea sold 2,449 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $313.54, for a total transaction of $767,859.46. Following the sale, the insider now owns 9,329 shares in the company, valued at $2,925,014.66. The disclosure for this sale can be found here. Insiders sold 32,050 shares of company stock valued at $10,340,237 in the last 90 days. Insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

SHW has been the topic of a number of research reports. Mizuho lowered their price target on Sherwin-Williams from $340.00 to $334.00 and set a “buy” rating on the stock in a research report on Wednesday. UBS Group upgraded Sherwin-Williams from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $312.00 to $402.00 in a report on Thursday, March 7th. Wolfe Research initiated coverage on Sherwin-Williams in a research report on Friday, March 1st. They set a “peer perform” rating on the stock. Wells Fargo & Company lifted their target price on shares of Sherwin-Williams from $310.00 to $320.00 and gave the company an “equal weight” rating in a report on Friday, January 26th. Finally, Barclays lifted their target price on shares of Sherwin-Williams from $285.00 to $315.00 and gave the company an “equal weight” rating in a report on Monday, January 29th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat, Sherwin-Williams currently has an average rating of “Moderate Buy” and a consensus price target of $337.37.

Sherwin-Williams Company Profile

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.