The Sherwin-Williams Company (NYSE:SHW) Holdings Boosted by Quantbot Technologies LP

Quantbot Technologies LP grew its position in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 53.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,449 shares of the specialty chemicals company's stock after buying an additional 1,201 shares during the quarter. Quantbot Technologies LP's holdings in Sherwin-Williams were worth $1,172,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Midwest Capital Advisors LLC acquired a new stake in Sherwin-Williams during the 4th quarter valued at $26,000. Lee Danner & Bass Inc. acquired a new stake in shares of Sherwin-Williams during the fourth quarter valued at $28,000. FSA Wealth Management LLC purchased a new stake in shares of Sherwin-Williams during the third quarter worth about $32,000. Sierra Ocean LLC purchased a new stake in Sherwin-Williams in the 4th quarter worth approximately $36,000. Finally, True Wealth Design LLC grew its position in shares of Sherwin-Williams by 1,000.0% in the third quarter. True Wealth Design LLC now owns 99 shares of the specialty chemicals company's stock valued at $38,000 after purchasing an additional 90 shares during the period. Institutional investors and hedge funds own 77.67% of the company's stock.

Insider Buying and Selling

In other Sherwin-Williams 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 transaction, the insider now owns 5,365 shares of the company's stock, valued at $1,933,009.50. This trade represents a 34.28 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.60% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of analysts have issued reports on SHW shares. Zelman & Associates raised Sherwin-Williams to a "strong-buy" rating in a research note on Friday, January 17th. Robert W. Baird set a $370.00 target price on shares of Sherwin-Williams in a report on Friday, January 31st. Royal Bank of Canada decreased their price target on shares of Sherwin-Williams from $438.00 to $415.00 and set an "outperform" rating on the stock in a report on Monday, February 3rd. Jefferies Financial Group restated a "hold" rating and set a $380.00 price objective (down from $423.00) on shares of Sherwin-Williams in a report on Monday, March 10th. Finally, Mizuho reduced their target price on Sherwin-Williams from $435.00 to $408.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, six have given a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $401.13.

Sherwin-Williams Stock Down 1.7 %

Shares of NYSE:SHW traded down $5.88 during trading on Friday, hitting $339.77. The company's stock had a trading volume of 1,304,583 shares, compared to its average volume of 1,730,061. The Sherwin-Williams Company has a fifty-two week low of $282.09 and a fifty-two week high of $400.42. The stock's 50-day moving average price is $353.59 and its two-hundred day moving average price is $363.86. 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 company has a market capitalization of $85.46 billion, a PE ratio of 32.21, a PEG ratio of 2.98 and a beta of 1.23.

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, 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 quarter in the previous year, the company posted $1.81 earnings per share. As a group, sell-side analysts expect that The Sherwin-Williams Company will post 12 EPS for the current year.

Sherwin-Williams Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, March 3rd were given a dividend of $0.79 per share. This is a boost from Sherwin-Williams's previous quarterly dividend of $0.72. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $3.16 annualized dividend and a dividend yield of 0.93%. Sherwin-Williams's dividend payout ratio (DPR) is presently 29.95%.

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.