Blair William & Co. IL Purchases 3,740 Shares of The Sherwin-Williams Company (NYSE:SHW)

Blair William & Co. IL grew its holdings in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 9.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 42,662 shares of the specialty chemicals company's stock after acquiring an additional 3,740 shares during the quarter. Blair William & Co. IL's holdings in Sherwin-Williams were worth $14,502,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Midwest Capital Advisors LLC bought a new position in Sherwin-Williams during the 4th quarter worth about $26,000. Lee Danner & Bass Inc. bought a new position in shares of Sherwin-Williams during the fourth quarter worth about $28,000. FSA Wealth Management LLC acquired a new stake in Sherwin-Williams in the 3rd quarter valued at approximately $32,000. Sierra Ocean LLC bought a new stake in Sherwin-Williams in the 4th quarter valued at approximately $36,000. Finally, True Wealth Design LLC lifted its stake in Sherwin-Williams by 1,000.0% in the 3rd quarter. True Wealth Design LLC now owns 99 shares of the specialty chemicals company's stock valued at $38,000 after acquiring an additional 90 shares in the last quarter. Institutional investors own 77.67% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on SHW shares. Robert W. Baird set a $370.00 price objective on shares of Sherwin-Williams in a report on Friday, January 31st. Royal Bank of Canada reduced their price objective on shares of Sherwin-Williams from $438.00 to $415.00 and set an "outperform" rating for the company in a research note on Monday, February 3rd. JPMorgan Chase & Co. lifted their target price on Sherwin-Williams from $370.00 to $390.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. Barclays reduced their price target on Sherwin-Williams from $385.00 to $355.00 and set an "equal weight" rating for the company in a research report on Tuesday. Finally, Zelman & Associates upgraded Sherwin-Williams to a "strong-buy" rating in a research note on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $400.19.

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Sherwin-Williams Stock Performance

SHW traded up $1.66 on Tuesday, reaching $350.85. The company had a trading volume of 789,973 shares, compared to its average volume of 1,824,011. The stock has a market cap of $88.24 billion, a P/E ratio of 33.26, a P/E/G ratio of 2.98 and a beta of 1.23. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.46 and a current ratio of 0.79. The Sherwin-Williams Company has a fifty-two week low of $282.09 and a fifty-two week high of $400.42. The company's fifty day moving average is $353.50 and its 200 day moving average is $363.63.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 EPS for the quarter, beating 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 period in the prior year, the business earned $1.81 EPS. As a group, analysts predict that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, March 3rd were paid a $0.79 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from Sherwin-Williams's previous quarterly dividend of $0.72. This represents a $3.16 annualized dividend and a dividend yield of 0.90%. Sherwin-Williams's dividend payout ratio is 29.95%.

Insider Buying and Selling

In related news, insider Colin M. Davie sold 2,799 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $360.30, for a total transaction of $1,008,479.70. Following the sale, the insider now owns 5,365 shares of the company's stock, valued at $1,933,009.50. This represents a 34.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.60% of the stock is owned by insiders.

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.