1,393 Shares in The Sherwin-Williams Company (NYSE:SHW) Purchased by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC acquired a new stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,393 shares of the specialty chemicals company's stock, valued at approximately $473,000.

Several other institutional investors have also added to or reduced their stakes in the business. Motley Fool Asset Management LLC increased its holdings in Sherwin-Williams by 14.1% in the 4th quarter. Motley Fool Asset Management LLC now owns 13,740 shares of the specialty chemicals company's stock worth $4,671,000 after buying an additional 1,695 shares in the last quarter. World Investment Advisors grew its stake in shares of Sherwin-Williams by 71.6% in the fourth quarter. World Investment Advisors now owns 1,656 shares of the specialty chemicals company's stock worth $563,000 after acquiring an additional 691 shares during the period. SevenBridge Financial Group LLC raised its holdings in shares of Sherwin-Williams by 11.7% during the fourth quarter. SevenBridge Financial Group LLC now owns 10,641 shares of the specialty chemicals company's stock valued at $3,845,000 after purchasing an additional 1,116 shares during the last quarter. Huntington National Bank lifted its position in Sherwin-Williams by 8.2% during the fourth quarter. Huntington National Bank now owns 164,830 shares of the specialty chemicals company's stock valued at $56,031,000 after purchasing an additional 12,486 shares during the period. Finally, RFG Bristol Wealth Advisors LLC purchased a new stake in Sherwin-Williams in the fourth quarter worth approximately $1,494,000. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

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Sherwin-Williams Price Performance

Shares of Sherwin-Williams stock traded down $14.19 during trading on Thursday, reaching $322.06. 758,551 shares of the stock traded hands, compared to its average volume of 1,771,639. The Sherwin-Williams Company has a 52-week low of $282.09 and a 52-week high of $400.42. The company has a debt-to-equity ratio of 2.02, a current ratio of 0.79 and a quick ratio of 0.46. The business has a fifty day simple moving average of $348.45 and a two-hundred day simple moving average of $361.03. The company has a market capitalization of $81.00 billion, a price-to-earnings ratio of 30.55, a P/E/G ratio of 2.98 and a beta of 1.26.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.02. Sherwin-Williams had a return on equity of 74.50% and a net margin of 11.61%. During the same quarter in the previous year, the business posted $1.81 EPS. Sell-side analysts expect that The Sherwin-Williams Company will post 12 EPS for the current year.

Sherwin-Williams Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, March 3rd were issued a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from Sherwin-Williams's previous quarterly dividend of $0.72. Sherwin-Williams's dividend payout ratio is presently 29.95%.

Insider Buying and Selling

In related news, insider Colin M. Davie sold 2,799 shares of Sherwin-Williams stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $360.30, for a total transaction of $1,008,479.70. Following the completion of the transaction, the insider now directly owns 5,365 shares of the company's stock, valued at approximately $1,933,009.50. The trade was a 34.28 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

SHW has been the topic of a number of research reports. UBS Group dropped their price target on Sherwin-Williams from $430.00 to $400.00 and set a "buy" rating on the stock in a research note on Monday. JPMorgan Chase & Co. raised their target price on Sherwin-Williams from $370.00 to $390.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. Zelman & Associates upgraded shares of Sherwin-Williams to a "strong-buy" rating in a research note on Friday, January 17th. Robert W. Baird set a $370.00 target price on shares of Sherwin-Williams in a research report on Friday, January 31st. Finally, Barclays decreased their price target on shares of Sherwin-Williams from $385.00 to $355.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 1st. Six equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $393.31.

About Sherwin-Williams

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.