Threadgill Financial LLC Acquires 4,347 Shares of The Sherwin-Williams Company (NYSE:SHW)

Threadgill Financial LLC lifted its holdings in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 153.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,177 shares of the specialty chemicals company's stock after purchasing an additional 4,347 shares during the period. Sherwin-Williams comprises about 1.3% of Threadgill Financial LLC's portfolio, making the stock its 17th largest holding. Threadgill Financial LLC's holdings in Sherwin-Williams were worth $2,440,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. FMR LLC raised its position in Sherwin-Williams by 18.2% in the 3rd quarter. FMR LLC now owns 6,482,662 shares of the specialty chemicals company's stock valued at $2,474,238,000 after purchasing an additional 999,164 shares in the last quarter. International Assets Investment Management LLC boosted its stake in shares of Sherwin-Williams by 40,317.4% in the third quarter. International Assets Investment Management LLC now owns 726,705 shares of the specialty chemicals company's stock valued at $277,361,000 after buying an additional 724,907 shares in the last quarter. 1832 Asset Management L.P. raised its holdings in Sherwin-Williams by 54.0% during the second quarter. 1832 Asset Management L.P. now owns 1,416,257 shares of the specialty chemicals company's stock worth $422,654,000 after purchasing an additional 496,326 shares during the last quarter. Mizuho Securities USA LLC raised its holdings in Sherwin-Williams by 1,717.9% during the third quarter. Mizuho Securities USA LLC now owns 326,903 shares of the specialty chemicals company's stock worth $124,769,000 after purchasing an additional 308,921 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. raised its holdings in shares of Sherwin-Williams by 18.5% in the second quarter. D. E. Shaw & Co. Inc. now owns 1,524,367 shares of the specialty chemicals company's stock worth $454,917,000 after acquiring an additional 238,031 shares during the last quarter. 77.67% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Sherwin-Williams

In other news, SVP Gregory P. Sofish sold 2,565 shares of the firm's stock in a transaction on Monday, November 18th. The stock was sold at an average price of $378.63, for a total value of $971,185.95. Following the completion of the transaction, the senior vice president now directly owns 6,329 shares of the company's stock, valued at $2,396,349.27. This trade represents a 28.84 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mary L. Garceau sold 15,770 shares of Sherwin-Williams stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $397.92, for a total value of $6,275,198.40. Following the sale, 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 position. The disclosure for this sale can be found here. 0.60% of the stock is owned by insiders.

Sherwin-Williams Stock Up 1.9 %

Shares of NYSE SHW traded up $6.20 during mid-day trading on Monday, reaching $336.36. 1,442,745 shares of the company's stock were exchanged, compared to its average volume of 1,701,178. The business has a fifty day simple moving average of $367.32 and a 200 day simple moving average of $358.53. The Sherwin-Williams Company has a twelve month low of $282.09 and a twelve month high of $400.42. The firm has a market capitalization of $84.71 billion, a price-to-earnings ratio of 33.50, a PEG ratio of 2.94 and a beta of 1.22. The company has a current ratio of 0.83, a quick ratio of 0.51 and a debt-to-equity ratio of 1.97.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its quarterly earnings results 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). The company had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.20 billion. Sherwin-Williams had a return on equity of 74.45% and a net margin of 11.09%. The firm's revenue for the quarter was up .7% compared to the same quarter last year. During the same period last year, the firm earned $3.20 EPS. As a group, equities analysts expect that The Sherwin-Williams Company will post 11.32 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 15th were issued a dividend of $0.715 per share. The ex-dividend date was Friday, November 15th. This represents a $2.86 dividend on an annualized basis and a dividend yield of 0.85%. Sherwin-Williams's dividend payout ratio (DPR) is currently 28.49%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Wells Fargo & Company boosted their price objective on shares of Sherwin-Williams from $350.00 to $400.00 and gave the company an "equal weight" rating in a research note on Tuesday, October 15th. JPMorgan Chase & Co. increased their price target on Sherwin-Williams from $360.00 to $370.00 and gave the company an "overweight" rating in a report on Wednesday, October 23rd. Royal Bank of Canada reduced their target price on Sherwin-Williams from $455.00 to $446.00 and set an "outperform" rating for the company in a research note on Thursday, October 24th. BMO Capital Markets raised their price objective on Sherwin-Williams from $400.00 to $425.00 and gave the stock an "outperform" rating in a research note on Monday, September 30th. Finally, Citigroup dropped their target price on Sherwin-Williams from $430.00 to $420.00 and set a "buy" rating on the stock in a research report on Thursday, October 24th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Sherwin-Williams presently has a consensus rating of "Moderate Buy" and an average price target of $402.25.

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.