Flossbach Von Storch SE Has $255.56 Million Holdings in The Sherwin-Williams Company (NYSE:SHW)

Flossbach Von Storch SE raised its holdings in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 5.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 751,803 shares of the specialty chemicals company's stock after purchasing an additional 40,216 shares during the period. Sherwin-Williams makes up about 1.0% of Flossbach Von Storch SE's portfolio, making the stock its 28th largest holding. Flossbach Von Storch SE owned approximately 0.30% of Sherwin-Williams worth $255,560,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Concurrent Investment Advisors LLC grew its holdings in shares of Sherwin-Williams by 4.0% during the 4th quarter. Concurrent Investment Advisors LLC now owns 13,186 shares of the specialty chemicals company's stock worth $4,482,000 after purchasing an additional 504 shares in the last quarter. Handelsbanken Fonder AB lifted its position in Sherwin-Williams by 6.7% during the fourth quarter. Handelsbanken Fonder AB now owns 104,700 shares of the specialty chemicals company's stock worth $35,591,000 after purchasing an additional 6,582 shares during the period. Ieq Capital LLC lifted its position in Sherwin-Williams by 28.0% during the fourth quarter. Ieq Capital LLC now owns 16,319 shares of the specialty chemicals company's stock worth $5,547,000 after purchasing an additional 3,574 shares during the period. Freedom Day Solutions LLC grew its stake in Sherwin-Williams by 1.6% during the fourth quarter. Freedom Day Solutions LLC now owns 9,501 shares of the specialty chemicals company's stock worth $3,230,000 after buying an additional 147 shares in the last quarter. Finally, CogentBlue Wealth Advisors LLC bought a new position in Sherwin-Williams in the 4th quarter valued at about $256,000. Institutional investors and hedge funds own 77.67% of the company's stock.

Insider Buying and Selling

In other Sherwin-Williams news, SVP Mary L. Garceau sold 15,770 shares of Sherwin-Williams stock in a transaction on Tuesday, November 26th. The shares were 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 approximately $11,621,253.60. The trade was a 35.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.60% of the stock is owned by insiders.

Wall Street Analyst Weigh In

SHW has been the topic of several analyst reports. Zelman & Associates upgraded shares of Sherwin-Williams to a "strong-buy" rating in a research report on Friday, January 17th. Berenberg Bank raised Sherwin-Williams from a "hold" rating to a "buy" rating and raised their target price for the company from $321.00 to $420.00 in a report on Friday, January 24th. Royal Bank of Canada decreased their price target on Sherwin-Williams from $438.00 to $415.00 and set an "outperform" rating on the stock in a research note on Monday, February 3rd. StockNews.com downgraded Sherwin-Williams from a "buy" rating to a "hold" rating in a research report on Thursday, November 28th. Finally, Mizuho decreased their target price 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. One analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Sherwin-Williams has an average rating of "Moderate Buy" and an average target price of $400.00.

Sherwin-Williams Trading Down 1.6 %

Sherwin-Williams stock traded down $5.48 during trading hours on Friday, reaching $344.54. 2,871,320 shares of the company's stock were exchanged, compared to its average volume of 1,656,506. The firm's 50 day simple moving average is $351.44 and its 200 day simple moving average is $365.20. The Sherwin-Williams Company has a twelve month low of $282.09 and a twelve month high of $400.42. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 2.02. The firm has a market capitalization of $86.77 billion, a PE ratio of 32.66, a PEG ratio of 3.00 and a beta of 1.22.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released its earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 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 company earned $1.81 earnings per share. Research analysts predict that The Sherwin-Williams Company will post 12 earnings per share for the current year.

Sherwin-Williams Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, March 3rd will be given a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date is Monday, March 3rd. This is an increase from Sherwin-Williams's previous quarterly dividend of $0.72. Sherwin-Williams's payout ratio is presently 27.11%.

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.