MSH Capital Advisors LLC Buys Shares of 14,744 The Sherwin-Williams Company (NYSE:SHW)

MSH Capital Advisors LLC purchased a new stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 14,744 shares of the specialty chemicals company's stock, valued at approximately $5,012,000. Sherwin-Williams comprises approximately 1.6% of MSH Capital Advisors LLC's portfolio, making the stock its 14th biggest holding.

Other large investors also recently modified their holdings of the company. Principal Financial Group Inc. increased its holdings in Sherwin-Williams by 1.0% in the 3rd quarter. Principal Financial Group Inc. now owns 1,047,174 shares of the specialty chemicals company's stock worth $399,675,000 after purchasing an additional 10,709 shares in the last quarter. Tudor Financial Inc. bought a new position in shares of Sherwin-Williams in the third quarter valued at approximately $252,000. Eaton Financial Holdings Company LLC purchased a new stake in Sherwin-Williams in the 3rd quarter valued at about $608,000. Arvest Bank Trust Division purchased a new position in shares of Sherwin-Williams in the 3rd quarter worth about $350,000. Finally, Wilmington Savings Fund Society FSB increased its position in Sherwin-Williams by 2,092.0% in the third quarter. Wilmington Savings Fund Society FSB now owns 16,747 shares of the specialty chemicals company's stock worth $6,392,000 after buying an additional 15,983 shares during the last quarter. 77.67% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, insider Colin M. Davie sold 2,799 shares of the business's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $360.30, for a total transaction of $1,008,479.70. Following the completion of the transaction, the insider now directly owns 5,365 shares in the company, valued at $1,933,009.50. The trade was a 34.28 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Berenberg Bank raised Sherwin-Williams from a "hold" rating to a "buy" rating and lifted their price target for the stock from $321.00 to $420.00 in a research note on Friday, January 24th. JPMorgan Chase & Co. raised their price objective on Sherwin-Williams from $370.00 to $390.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. Jefferies Financial Group reaffirmed a "hold" rating and issued a $380.00 price objective (down previously from $423.00) on shares of Sherwin-Williams in a report on Monday, March 10th. UBS Group reduced their price objective on shares of Sherwin-Williams from $430.00 to $400.00 and set a "buy" rating for the company in a research note on Monday, April 7th. Finally, Royal Bank of Canada decreased their price objective on Sherwin-Williams from $438.00 to $415.00 and set an "outperform" rating on the stock in a report on Monday, February 3rd. Six research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $392.50.

Sherwin-Williams Trading Down 2.5 %

Shares of Sherwin-Williams stock traded down $8.38 during trading on Monday, reaching $325.00. 396,353 shares of the company were exchanged, compared to its average volume of 1,782,129. The firm has a market capitalization of $81.74 billion, a price-to-earnings ratio of 30.81, a P/E/G ratio of 2.98 and a beta of 1.26. 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 business has a 50-day moving average price of $344.78 and a 200-day moving average price of $358.66.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share for the quarter, beating analysts' consensus estimates 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 previous year, the firm posted $1.81 EPS. Sell-side analysts anticipate that The Sherwin-Williams Company will post 12 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be paid a dividend of $0.79 per share. The ex-dividend date is Friday, May 16th. This represents a $3.16 dividend on an annualized basis and a yield of 0.97%. Sherwin-Williams's dividend payout ratio (DPR) is currently 29.95%.

Sherwin-Williams 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.