B. Metzler seel. Sohn & Co. Holding AG Purchases Shares of 58,405 The Sherwin-Williams Company (NYSE:SHW)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in The Sherwin-Williams Company (NYSE:SHW - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 58,405 shares of the specialty chemicals company's stock, valued at approximately $22,291,000.

Several other hedge funds have also recently made changes to their positions in SHW. Valued Wealth Advisors LLC increased its position in Sherwin-Williams by 88.9% in the 3rd quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company's stock valued at $26,000 after buying an additional 32 shares in the last quarter. HHM Wealth Advisors LLC increased its position in Sherwin-Williams by 102.3% in the 2nd quarter. HHM Wealth Advisors LLC now owns 89 shares of the specialty chemicals company's stock valued at $27,000 after buying an additional 45 shares in the last quarter. First Personal Financial Services bought a new stake in Sherwin-Williams in the 3rd quarter valued at about $29,000. Semmax Financial Advisors Inc. increased its position in Sherwin-Williams by 136.4% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 104 shares of the specialty chemicals company's stock valued at $31,000 after buying an additional 60 shares in the last quarter. Finally, VitalStone Financial LLC increased its position in Sherwin-Williams by 233.3% in the 2nd quarter. VitalStone Financial LLC now owns 110 shares of the specialty chemicals company's stock valued at $33,000 after buying an additional 77 shares in the last quarter. 77.67% of the stock is owned by institutional investors.

Sherwin-Williams Stock Performance

Sherwin-Williams stock traded down $1.87 during trading on Tuesday, hitting $373.49. The stock had a trading volume of 1,671,726 shares, compared to its average volume of 1,634,148. The Sherwin-Williams Company has a 1 year low of $269.28 and a 1 year high of $392.57. The company has a quick ratio of 0.51, a current ratio of 0.83 and a debt-to-equity ratio of 1.97. The stock's 50 day moving average is $376.65 and its two-hundred day moving average is $342.76. The stock has a market cap of $94.06 billion, a price-to-earnings ratio of 36.87, a price-to-earnings-growth ratio of 3.05 and a beta of 1.17.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its quarterly earnings results on Tuesday, October 22nd. The specialty chemicals company reported $3.37 EPS for the quarter, missing analysts' consensus estimates of $3.56 by ($0.19). Sherwin-Williams had a return on equity of 74.45% and a net margin of 11.09%. The company had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.20 billion. During the same period in the previous year, the business earned $3.20 earnings per share. Sherwin-Williams's revenue was up .7% on a year-over-year basis. As a group, analysts predict that The Sherwin-Williams Company will post 11.32 EPS for the current year.

Sherwin-Williams Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be issued a $0.715 dividend. This represents a $2.86 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date of this dividend is Friday, November 15th. Sherwin-Williams's payout ratio is currently 28.49%.

Insider Transactions at Sherwin-Williams

In related news, CFO Allen J. Mistysyn sold 14,520 shares of the stock in a transaction on Friday, August 30th. The stock was sold at an average price of $366.83, for a total value of $5,326,371.60. Following the sale, the chief financial officer now owns 63,520 shares in the company, valued at approximately $23,301,041.60. This trade represents a 18.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.60% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. BMO Capital Markets boosted their price objective on Sherwin-Williams from $400.00 to $425.00 and gave the stock an "outperform" rating in a report on Monday, September 30th. Citigroup decreased their price objective on Sherwin-Williams from $430.00 to $420.00 and set a "buy" rating for the company in a report on Thursday, October 24th. The Goldman Sachs Group boosted their price objective on Sherwin-Williams from $344.00 to $390.00 and gave the stock a "buy" rating in a report on Wednesday, July 24th. JPMorgan Chase & Co. boosted their price objective on Sherwin-Williams from $360.00 to $370.00 and gave the stock an "overweight" rating in a report on Wednesday, October 23rd. Finally, Evercore ISI boosted their price objective on Sherwin-Williams from $400.00 to $420.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Sherwin-Williams currently has an average rating of "Moderate Buy" and a consensus target price of $396.47.

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.