Dupont Capital Management Corp Purchases 1,837 Shares of The Sherwin-Williams Company (NYSE:SHW)

Dupont Capital Management Corp increased its position in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 7.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,064 shares of the specialty chemicals company's stock after acquiring an additional 1,837 shares during the quarter. Dupont Capital Management Corp's holdings in Sherwin-Williams were worth $9,450,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Midwest Capital Advisors LLC acquired a new stake in shares of Sherwin-Williams during the fourth quarter worth $26,000. Perkins Coie Trust Co bought a new stake in shares of Sherwin-Williams in the 1st quarter valued at about $27,000. Park Square Financial Group LLC acquired a new stake in shares of Sherwin-Williams in the 4th quarter valued at approximately $27,000. Lee Danner & Bass Inc. bought a new position in Sherwin-Williams during the 4th quarter worth approximately $28,000. Finally, WR Wealth Planners LLC grew its holdings in Sherwin-Williams by 41.7% during the fourth quarter. WR Wealth Planners LLC now owns 119 shares of the specialty chemicals company's stock valued at $40,000 after purchasing an additional 35 shares during the period. Institutional investors own 77.67% of the company's stock.

Sherwin-Williams Stock Up 0.6%

SHW traded up $2.03 during trading on Tuesday, reaching $345.80. 1,584,065 shares of the stock were exchanged, compared to its average volume of 1,724,305. The stock has a market cap of $86.66 billion, a P/E ratio of 32.68, a price-to-earnings-growth ratio of 3.03 and a beta of 1.21. The company has a debt-to-equity ratio of 1.90, a quick ratio of 0.45 and a current ratio of 0.77. The stock's 50 day moving average price is $348.37 and its two-hundred day moving average price is $348.93. The Sherwin-Williams Company has a twelve month low of $292.27 and a twelve month high of $400.42.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The specialty chemicals company reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.23 by $0.02. Sherwin-Williams had a return on equity of 71.86% and a net margin of 11.63%. The firm had revenue of $5.31 billion for the quarter, compared to analyst estimates of $5.42 billion. During the same quarter in the prior year, the company earned $2.17 earnings per share. The business's revenue for the quarter was down 1.1% compared to the same quarter last year. Equities analysts expect that The Sherwin-Williams Company will post 12 EPS for the current year.

Sherwin-Williams Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were given a dividend of $0.79 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a $3.16 dividend on an annualized basis and a yield of 0.91%. Sherwin-Williams's dividend payout ratio (DPR) is 29.87%.

Wall Street Analyst Weigh In

SHW has been the subject of several recent analyst reports. Royal Bank Of Canada increased their price target on Sherwin-Williams from $410.00 to $420.00 and gave the stock an "outperform" rating in a report on Thursday, May 1st. Jefferies Financial Group restated a "hold" rating and set a $380.00 target price (down from $423.00) on shares of Sherwin-Williams in a report on Monday, March 10th. UBS Group reduced their price target on shares of Sherwin-Williams from $430.00 to $400.00 and set a "buy" rating for the company in a report on Monday, April 7th. Morgan Stanley dropped their price objective on shares of Sherwin-Williams from $405.00 to $385.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Finally, Wells Fargo & Company raised shares of Sherwin-Williams from an "equal weight" rating to an "overweight" rating and upped their target price for the stock from $350.00 to $420.00 in a research note on Wednesday, April 30th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $391.31.

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.