Quantbot Technologies LP Has $858,000 Stock Position in The Sherwin-Williams Company (NYSE:SHW)

Quantbot Technologies LP cut its holdings in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 93.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,248 shares of the specialty chemicals company's stock after selling 34,285 shares during the period. Quantbot Technologies LP's holdings in Sherwin-Williams were worth $858,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Valued Wealth Advisors LLC raised its holdings in shares of Sherwin-Williams by 88.9% in the third quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company's stock worth $26,000 after acquiring an additional 32 shares during the last quarter. First Personal Financial Services acquired a new position in Sherwin-Williams in the 3rd quarter valued at about $29,000. GHP Investment Advisors Inc. lifted its holdings 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 valued at $33,000 after purchasing an additional 28 shares in the last quarter. HHM Wealth Advisors LLC boosted its stake in shares of Sherwin-Williams by 102.3% during the 2nd quarter. HHM Wealth Advisors LLC now owns 89 shares of the specialty chemicals company's stock worth $27,000 after purchasing an additional 45 shares during the last quarter. Finally, Capital Performance Advisors LLP purchased a new stake in shares of Sherwin-Williams during the third quarter worth about $38,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, SVP Mary L. Garceau sold 15,770 shares of the firm's stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $397.92, for a total transaction of $6,275,198.40. Following the transaction, the senior vice president now directly owns 29,205 shares of the company's stock, valued at approximately $11,621,253.60. This trade represents a 35.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Gregory P. Sofish sold 2,565 shares of the business's stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $378.63, for a total transaction of $971,185.95. Following the sale, the senior vice president now owns 6,329 shares in the company, valued at $2,396,349.27. This trade represents a 28.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.60% of the company's stock.

Sherwin-Williams Stock Down 0.5 %

NYSE SHW traded down $1.82 on Monday, hitting $395.58. 1,386,277 shares of the stock traded hands, compared to its average volume of 1,646,069. The company has a current ratio of 0.83, a quick ratio of 0.51 and a debt-to-equity ratio of 1.97. The stock has a 50-day moving average of $378.94 and a 200 day moving average of $347.31. The Sherwin-Williams Company has a twelve month low of $278.45 and a twelve month high of $400.42. The company has a market capitalization of $99.63 billion, a P/E ratio of 39.40, a price-to-earnings-growth ratio of 3.20 and a beta of 1.17.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its earnings results on Tuesday, October 22nd. The specialty chemicals company reported $3.37 earnings per share for the quarter, missing analysts' consensus estimates of $3.56 by ($0.19). Sherwin-Williams had a return on equity of 74.45% and a net margin of 11.09%. The business had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.20 billion. During the same period last year, the company posted $3.20 earnings per share. The firm's revenue for the quarter was up .7% on a year-over-year basis. As a group, analysts expect that The Sherwin-Williams Company will post 11.32 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be given a dividend of $0.715 per share. The ex-dividend date is Friday, November 15th. This represents a $2.86 annualized dividend and a dividend yield of 0.72%. Sherwin-Williams's dividend payout ratio is currently 28.49%.

Analyst Ratings Changes

SHW has been the subject of a number of recent analyst reports. StockNews.com downgraded Sherwin-Williams from a "buy" rating to a "hold" rating in a research report on Thursday. Jefferies Financial Group lifted their price target on Sherwin-Williams from $392.00 to $415.00 and gave the company a "buy" rating in a report on Monday, August 26th. Citigroup cut their price objective on shares of Sherwin-Williams from $430.00 to $420.00 and set a "buy" rating on the stock in a report on Thursday, October 24th. KeyCorp restated a "sector weight" rating on shares of Sherwin-Williams in a report on Monday, October 7th. Finally, Barclays increased their price target on shares of Sherwin-Williams from $355.00 to $370.00 and gave the stock an "equal weight" rating in a research note on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $396.47.

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.