Dimensional Fund Advisors LP Purchases 61,844 Shares of The Sherwin-Williams Company (NYSE:SHW)

Dimensional Fund Advisors LP raised its holdings in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,436,898 shares of the specialty chemicals company's stock after acquiring an additional 61,844 shares during the quarter. Dimensional Fund Advisors LP owned about 0.57% of Sherwin-Williams worth $488,442,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Midwest Capital Advisors LLC bought a new position in Sherwin-Williams in the fourth quarter valued at $26,000. Lee Danner & Bass Inc. purchased a new position in shares of Sherwin-Williams during the 4th quarter valued at about $28,000. Sierra Ocean LLC bought a new stake in Sherwin-Williams in the 4th quarter worth approximately $36,000. WR Wealth Planners LLC lifted its holdings in shares of Sherwin-Williams by 41.7% in the 4th quarter. WR Wealth Planners LLC now owns 119 shares of the specialty chemicals company's stock worth $40,000 after acquiring an additional 35 shares during the last quarter. Finally, AlphaMark Advisors LLC purchased a new stake in Sherwin-Williams during the fourth quarter valued at about $41,000. 77.67% of the stock is owned by institutional investors.

Sherwin-Williams Stock Performance

NYSE:SHW traded down $2.92 on Friday, hitting $331.52. The stock had a trading volume of 530,562 shares, compared to its average volume of 1,763,153. The business's 50-day simple moving average is $342.57 and its two-hundred day simple moving average is $357.72. The stock has a market cap of $83.38 billion, a price-to-earnings ratio of 31.40, a price-to-earnings-growth ratio of 2.98 and a beta of 1.26. The Sherwin-Williams Company has a 52-week low of $282.09 and a 52-week 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.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 EPS for the quarter, topping 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 company posted $1.81 EPS. As a group, research analysts predict that The Sherwin-Williams Company will post 12 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be paid a $0.79 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 0.95%. Sherwin-Williams's dividend payout ratio (DPR) is presently 29.95%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Citigroup decreased their price objective on shares of Sherwin-Williams from $423.00 to $375.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. UBS Group cut their price objective on Sherwin-Williams from $430.00 to $400.00 and set a "buy" rating on the stock in a research report on Monday, April 7th. Mizuho set a $395.00 target price on Sherwin-Williams in a research report on Tuesday, April 15th. Berenberg Bank upgraded Sherwin-Williams from a "hold" rating to a "buy" rating and lifted their price target for the company from $321.00 to $420.00 in a research report on Friday, January 24th. Finally, Royal Bank of Canada lowered their price objective on Sherwin-Williams from $438.00 to $415.00 and set an "outperform" rating for the company in a research report on Monday, February 3rd. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Sherwin-Williams currently has an average rating of "Moderate Buy" and an average price target of $392.00.

Insider Activity at Sherwin-Williams

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 shares were sold at an average price of $360.30, for a total transaction of $1,008,479.70. Following the completion of the sale, the insider now directly 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.60% of the stock is owned by corporate insiders.

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.