GSA Capital Partners LLP Has $1.07 Million Stock Holdings in The Sherwin-Williams Company (NYSE:SHW)

GSA Capital Partners LLP cut its stake in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 63.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,792 shares of the specialty chemicals company's stock after selling 4,839 shares during the period. GSA Capital Partners LLP's holdings in Sherwin-Williams were worth $1,066,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Nations Financial Group Inc. IA ADV lifted its position in shares of Sherwin-Williams by 13.0% in the third quarter. Nations Financial Group Inc. IA ADV now owns 1,818 shares of the specialty chemicals company's stock valued at $694,000 after buying an additional 209 shares during the last quarter. Tamar Securities LLC lifted its position in shares of Sherwin-Williams by 3.4% in the third quarter. Tamar Securities LLC now owns 48,753 shares of the specialty chemicals company's stock valued at $18,608,000 after buying an additional 1,604 shares during the last quarter. Valeo Financial Advisors LLC lifted its position in shares of Sherwin-Williams by 7.9% in the second quarter. Valeo Financial Advisors LLC now owns 2,636 shares of the specialty chemicals company's stock valued at $787,000 after buying an additional 193 shares during the last quarter. Transcend Capital Advisors LLC lifted its position in shares of Sherwin-Williams by 24.1% in the second quarter. Transcend Capital Advisors LLC now owns 7,805 shares of the specialty chemicals company's stock valued at $2,329,000 after buying an additional 1,514 shares during the last quarter. Finally, Handelsbanken Fonder AB lifted its position in shares of Sherwin-Williams by 4.3% in the third quarter. Handelsbanken Fonder AB now owns 98,118 shares of the specialty chemicals company's stock valued at $37,449,000 after buying an additional 4,074 shares during the last quarter. 77.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on SHW shares. BMO Capital Markets increased their target price on Sherwin-Williams from $400.00 to $425.00 and gave the stock an "outperform" rating in a research note on Monday, September 30th. JPMorgan Chase & Co. increased their target price on Sherwin-Williams from $360.00 to $370.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 23rd. The Goldman Sachs Group increased their target price on Sherwin-Williams from $344.00 to $390.00 and gave the stock a "buy" rating in a research note on Wednesday, July 24th. Morgan Stanley increased their target price on Sherwin-Williams from $375.00 to $450.00 and gave the stock an "overweight" rating in a research note on Friday, October 18th. Finally, UBS Group reiterated an "underperform" rating on shares of Sherwin-Williams in a research note on Friday, October 18th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $396.47.

Insider Activity at Sherwin-Williams

In other Sherwin-Williams news, CFO Allen J. Mistysyn sold 14,520 shares of Sherwin-Williams 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 transaction, the chief financial officer now directly owns 63,520 shares of the company's stock, valued at approximately $23,301,041.60. The trade was a 18.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.60% of the stock is currently owned by company insiders.

Sherwin-Williams Price Performance

Shares of SHW traded down $8.74 during midday trading on Friday, hitting $378.99. The company's stock had a trading volume of 1,722,807 shares, compared to its average volume of 1,634,530. The Sherwin-Williams Company has a one year low of $264.54 and a one year high of $392.57. The company's fifty day simple moving average is $376.42 and its two-hundred day simple moving average is $341.69. The company has a quick ratio of 0.51, a current ratio of 0.83 and a debt-to-equity ratio of 1.97. The stock has a market capitalization of $95.45 billion, a price-to-earnings ratio of 37.75, a price-to-earnings-growth ratio of 3.12 and a beta of 1.17.

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

Sherwin-Williams Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be issued a dividend of $0.715 per share. This represents a $2.86 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend is Friday, November 15th. Sherwin-Williams's dividend payout ratio (DPR) is 28.49%.

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.