Sustainable Insight Capital Management LLC Has $5.75 Million Stake in The Sherwin-Williams Company (NYSE:SHW)

Sustainable Insight Capital Management LLC boosted its position in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 584.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,062 shares of the specialty chemicals company's stock after buying an additional 12,862 shares during the period. Sherwin-Williams makes up about 2.6% of Sustainable Insight Capital Management LLC's holdings, making the stock its 10th biggest position. Sustainable Insight Capital Management LLC's holdings in Sherwin-Williams were worth $5,749,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Norden Group LLC acquired a new stake in Sherwin-Williams in the first quarter valued at about $329,000. Empowered Funds LLC boosted its stake in shares of Sherwin-Williams by 25.5% in the first quarter. Empowered Funds LLC now owns 4,248 shares of the specialty chemicals company's stock valued at $1,475,000 after buying an additional 863 shares in the last quarter. WealthPLAN Partners LLC acquired a new position in Sherwin-Williams during the first quarter worth $205,000. Montag A & Associates Inc. raised its position in Sherwin-Williams by 10.5% in the first quarter. Montag A & Associates Inc. now owns 2,343 shares of the specialty chemicals company's stock worth $814,000 after acquiring an additional 223 shares in the last quarter. Finally, Atomi Financial Group Inc. lifted its holdings in Sherwin-Williams by 102.3% in the first quarter. Atomi Financial Group Inc. now owns 3,832 shares of the specialty chemicals company's stock valued at $1,331,000 after acquiring an additional 1,938 shares during the period. 77.67% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Allen J. Mistysyn sold 14,520 shares of the business's stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $366.83, for a total transaction of $5,326,371.60. Following the completion of the sale, the chief financial officer now owns 63,520 shares in the company, valued at approximately $23,301,041.60. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.60% of the stock is currently owned by insiders.

Sherwin-Williams Trading Up 0.7 %

Sherwin-Williams stock traded up $2.67 during trading on Friday, hitting $386.67. The company's stock had a trading volume of 2,209,492 shares, compared to its average volume of 2,559,190. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.51 and a current ratio of 0.83. The stock has a market capitalization of $97.38 billion, a price-to-earnings ratio of 38.51, a P/E/G ratio of 3.12 and a beta of 1.17. The stock's fifty day moving average is $374.21 and its 200 day moving average is $339.14. The Sherwin-Williams Company has a 1-year low of $251.69 and a 1-year high of $392.57.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its quarterly earnings data on Tuesday, October 22nd. The specialty chemicals company reported $3.37 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.19). Sherwin-Williams had a return on equity of 74.45% and a net margin of 11.09%. The company had revenue of $6.16 billion for the quarter, compared to analysts' expectations of $6.20 billion. During the same quarter in the previous year, the company earned $3.20 earnings per share. The company's revenue was up .7% on a year-over-year basis. As a group, equities research analysts predict that The Sherwin-Williams Company will post 11.32 EPS for the current year.

Sherwin-Williams Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be given a dividend of $0.715 per share. This represents a $2.86 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Friday, November 15th. Sherwin-Williams's dividend payout ratio (DPR) is presently 28.49%.

Analysts Set New Price Targets

SHW has been the subject of a number of research analyst reports. Wells Fargo & Company increased their price target on shares of Sherwin-Williams from $350.00 to $400.00 and gave the company an "equal weight" rating in a report on Tuesday, October 15th. Citigroup reduced their price target on shares of Sherwin-Williams from $430.00 to $420.00 and set a "buy" rating for the company in a research report on Thursday, October 24th. JPMorgan Chase & Co. upped their price target on Sherwin-Williams from $360.00 to $370.00 and gave the stock an "overweight" rating in a report on Wednesday, October 23rd. BMO Capital Markets lifted their price objective on Sherwin-Williams from $400.00 to $425.00 and gave the stock an "outperform" rating in a report on Monday, September 30th. Finally, Jefferies Financial Group upped their target price on Sherwin-Williams from $392.00 to $415.00 and gave the company a "buy" rating in a report on Monday, August 26th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $396.47.

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.