3,739 Shares in The Sherwin-Williams Company (NYSE:SHW) Acquired by BCS Wealth Management

BCS Wealth Management acquired a new position in The Sherwin-Williams Company (NYSE:SHW - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,739 shares of the specialty chemicals company's stock, valued at approximately $1,271,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Valued Wealth Advisors LLC lifted its position in Sherwin-Williams by 88.9% in the third quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company's stock worth $26,000 after purchasing an additional 32 shares during the period. First Personal Financial Services bought a new position in shares of Sherwin-Williams during the 3rd quarter worth about $29,000. Semmax Financial Advisors Inc. boosted its position in shares of Sherwin-Williams by 136.4% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 104 shares of the specialty chemicals company's stock valued at $31,000 after acquiring an additional 60 shares in the last quarter. FSA Wealth Management LLC bought a new stake in Sherwin-Williams in the third quarter valued at about $32,000. Finally, GHP Investment Advisors Inc. raised its position in Sherwin-Williams by 47.5% in the third quarter. GHP Investment Advisors Inc. now owns 87 shares of the specialty chemicals company's stock worth $33,000 after purchasing an additional 28 shares in the last quarter. Institutional investors own 77.67% of the company's stock.

Insiders Place Their Bets

In other news, SVP Mary L. Garceau sold 15,770 shares of the company's stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $397.92, for a total value of $6,275,198.40. Following the completion of the sale, the senior vice president now directly owns 29,205 shares of the company's stock, valued at $11,621,253.60. This represents a 35.06 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Gregory P. Sofish sold 2,565 shares of Sherwin-Williams stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $378.63, for a total transaction of $971,185.95. Following the transaction, the senior vice president now directly owns 6,329 shares in the company, valued at $2,396,349.27. The trade was a 28.84 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.60% of the company's stock.

Sherwin-Williams Trading Up 1.6 %

Shares of SHW stock traded up $5.53 on Tuesday, reaching $341.65. 1,501,384 shares of the stock were exchanged, compared to its average volume of 1,672,619. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.83 and a quick ratio of 0.51. The Sherwin-Williams Company has a one year low of $282.09 and a one year high of $400.42. The stock has a market cap of $86.05 billion, a PE ratio of 34.03, a P/E/G ratio of 2.94 and a beta of 1.22. The stock has a 50 day moving average price of $365.83 and a 200 day moving average price of $359.11.

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

Sherwin-Williams Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 15th were issued a dividend of $0.715 per share. This represents a $2.86 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date of this dividend was Friday, November 15th. Sherwin-Williams's dividend payout ratio is presently 28.49%.

Wall Street Analyst Weigh In

SHW has been the topic of several analyst reports. Citigroup lowered their price objective on Sherwin-Williams from $430.00 to $420.00 and set a "buy" rating on the stock in a research note on Thursday, October 24th. Mizuho lowered their price target on Sherwin-Williams from $435.00 to $408.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. Royal Bank of Canada cut their price objective on Sherwin-Williams from $455.00 to $446.00 and set an "outperform" rating for the company in a report on Thursday, October 24th. Wells Fargo & Company upped their target price on shares of Sherwin-Williams from $350.00 to $400.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 15th. Finally, Robert W. Baird boosted their price target on shares of Sherwin-Williams from $350.00 to $360.00 and gave the company a "neutral" rating in a research report on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, six have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $402.25.

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.