The Sherwin-Williams Company (NYSE:SHW) Shares Acquired by Czech National Bank

Czech National Bank lifted its position in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 6.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,239 shares of the specialty chemicals company's stock after acquiring an additional 2,963 shares during the period. Czech National Bank's holdings in Sherwin-Williams were worth $17,078,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Valued Wealth Advisors LLC grew its holdings in shares of Sherwin-Williams by 88.9% during the third quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company's stock worth $26,000 after buying an additional 32 shares in the last quarter. First Personal Financial Services purchased a new stake in Sherwin-Williams during the 3rd quarter valued at about $29,000. FSA Wealth Management LLC acquired a new stake in Sherwin-Williams in the 3rd quarter valued at about $32,000. GHP Investment Advisors Inc. lifted its stake in Sherwin-Williams by 47.5% in the 3rd 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. Finally, True Wealth Design LLC boosted its holdings in shares of Sherwin-Williams by 1,000.0% during the 3rd quarter. True Wealth Design LLC now owns 99 shares of the specialty chemicals company's stock worth $38,000 after purchasing an additional 90 shares during the last quarter. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, SVP Gregory P. Sofish sold 2,565 shares of the stock in a transaction 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 completion of the sale, the senior vice president now directly owns 6,329 shares of the company's stock, valued at $2,396,349.27. This trade represents a 28.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Mary L. Garceau sold 15,770 shares of the business's stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $397.92, for a total transaction of $6,275,198.40. Following the completion of the transaction, the senior vice president now directly owns 29,205 shares in the company, valued at $11,621,253.60. This represents a 35.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by company insiders.

Sherwin-Williams Stock Up 1.6 %

SHW traded up $5.53 on Tuesday, reaching $341.65. The company's stock had a trading volume of 1,501,384 shares, compared to its average volume of 1,672,619. 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 Sherwin-Williams Company has a fifty-two week low of $282.09 and a fifty-two week high of $400.42. The stock has a 50 day moving average of $365.83 and a two-hundred day moving average of $359.11. The company has a market capitalization of $86.05 billion, a price-to-earnings ratio of 34.03, a P/E/G ratio of 2.94 and a beta of 1.22.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its 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 net margin of 11.09% and a return on equity of 74.45%. The company had revenue of $6.16 billion during the quarter, compared to analysts' expectations of $6.20 billion. During the same period last year, the business earned $3.20 earnings per share. The company's quarterly revenue was up .7% on a year-over-year basis. As a group, analysts forecast that The Sherwin-Williams Company will post 11.32 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 15th were given a $0.715 dividend. The ex-dividend date was Friday, November 15th. This represents a $2.86 dividend on an annualized basis and a dividend yield of 0.84%. Sherwin-Williams's dividend payout ratio (DPR) is presently 28.49%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on SHW. Robert W. Baird lifted their price objective on Sherwin-Williams from $350.00 to $360.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 23rd. BMO Capital Markets boosted their price target on shares of Sherwin-Williams from $400.00 to $425.00 and gave the company an "outperform" rating in a research report on Monday, September 30th. Wells Fargo & Company raised their price objective on shares of Sherwin-Williams from $350.00 to $400.00 and gave the stock an "equal weight" rating in a research report on Tuesday, October 15th. JPMorgan Chase & Co. lifted their target price on Sherwin-Williams from $360.00 to $370.00 and gave the company an "overweight" rating in a research report on Wednesday, October 23rd. Finally, Evercore ISI upped their price objective on shares of Sherwin-Williams from $400.00 to $420.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price 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.