Empower Advisory Group LLC Purchases 10,267 Shares of The Sherwin-Williams Company (NYSE:SHW)

Empower Advisory Group LLC grew its position in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 3.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 322,925 shares of the specialty chemicals company's stock after purchasing an additional 10,267 shares during the period. Empower Advisory Group LLC owned approximately 0.13% of Sherwin-Williams worth $109,772,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Valued Wealth Advisors LLC grew its position in Sherwin-Williams by 88.9% in the 3rd quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company's stock worth $26,000 after purchasing an additional 32 shares during the last quarter. First Personal Financial Services bought a new position in Sherwin-Williams in the 3rd quarter worth about $29,000. FSA Wealth Management LLC bought a new position in Sherwin-Williams in the 3rd quarter worth about $32,000. GHP Investment Advisors Inc. grew its position 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 worth $33,000 after purchasing an additional 28 shares during the last quarter. Finally, Sierra Ocean LLC acquired a new stake in shares of Sherwin-Williams in the 4th quarter worth approximately $36,000. Institutional investors own 77.67% of the company's stock.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, SVP Mary L. Garceau sold 15,770 shares of the company's stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $397.92, for a total value of $6,275,198.40. Following the transaction, the senior vice president now owns 29,205 shares in the company, valued at approximately $11,621,253.60. This represents a 35.06 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.60% of the company's stock.

Analyst Ratings Changes

SHW has been the subject of a number of research analyst reports. StockNews.com lowered shares of Sherwin-Williams from a "buy" rating to a "hold" rating in a research note on Thursday, November 28th. Morgan Stanley reduced their price target on shares of Sherwin-Williams from $450.00 to $405.00 and set an "overweight" rating for the company in a research note on Tuesday, January 28th. Barclays upped 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. Royal Bank of Canada reduced their price target on shares of Sherwin-Williams from $438.00 to $415.00 and set an "outperform" rating for the company in a research note on Monday, February 3rd. Finally, Berenberg Bank raised shares of Sherwin-Williams from a "hold" rating to a "buy" rating and upped their price target for the stock from $321.00 to $420.00 in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $400.00.

Sherwin-Williams Trading Down 0.6 %

Shares of NYSE:SHW traded down $2.00 during mid-day trading on Thursday, hitting $349.85. The stock had a trading volume of 2,041,689 shares, compared to its average volume of 1,619,690. 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 cap of $88.11 billion, a PE ratio of 33.16, a P/E/G ratio of 3.04 and a beta of 1.22. The Sherwin-Williams Company has a 12-month low of $282.09 and a 12-month high of $400.42. The company's 50 day moving average is $351.78 and its 200-day moving average is $365.30.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.02. Sherwin-Williams had a net margin of 11.61% and a return on equity of 74.50%. During the same period last year, the firm posted $1.81 EPS. On average, sell-side analysts predict that The Sherwin-Williams Company will post 12 EPS for the current year.

Sherwin-Williams Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, March 3rd will be paid a $0.79 dividend. This represents a $3.16 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from Sherwin-Williams's previous quarterly dividend of $0.72. Sherwin-Williams's dividend payout ratio is currently 27.11%.

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.