Flossbach Von Storch SE Purchases 116,161 Shares of The Sherwin-Williams Company (NYSE:SHW)

Flossbach Von Storch SE lifted its stake in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 15.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 867,964 shares of the specialty chemicals company's stock after acquiring an additional 116,161 shares during the period. Sherwin-Williams makes up about 1.3% of Flossbach Von Storch SE's investment portfolio, making the stock its 26th largest holding. Flossbach Von Storch SE owned about 0.35% of Sherwin-Williams worth $303,084,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in SHW. Coppell Advisory Solutions LLC increased its stake in Sherwin-Williams by 2.7% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,146 shares of the specialty chemicals company's stock valued at $388,000 after purchasing an additional 30 shares in the last quarter. Opal Wealth Advisors LLC grew its position in Sherwin-Williams by 4.2% during the first quarter. Opal Wealth Advisors LLC now owns 791 shares of the specialty chemicals company's stock valued at $276,000 after buying an additional 32 shares during the period. Ashton Thomas Securities LLC lifted its stake in Sherwin-Williams by 1.5% in the fourth quarter. Ashton Thomas Securities LLC now owns 2,228 shares of the specialty chemicals company's stock valued at $757,000 after purchasing an additional 34 shares during the last quarter. YANKCOM Partnership lifted its stake in Sherwin-Williams by 8.8% in the first quarter. YANKCOM Partnership now owns 420 shares of the specialty chemicals company's stock valued at $147,000 after purchasing an additional 34 shares during the last quarter. Finally, Avantax Planning Partners Inc. lifted its stake in Sherwin-Williams by 2.4% in the fourth quarter. Avantax Planning Partners Inc. now owns 1,515 shares of the specialty chemicals company's stock valued at $515,000 after purchasing an additional 35 shares during the last quarter. Institutional investors own 77.67% of the company's stock.

Analysts Set New Price Targets

Several research firms have commented on SHW. UBS Group dropped their price objective on shares of Sherwin-Williams from $430.00 to $400.00 and set a "buy" rating on the stock in a report on Monday, April 7th. Mizuho set a $395.00 price objective on shares of Sherwin-Williams in a report on Tuesday, April 15th. Royal Bank Of Canada upped their price objective on shares of Sherwin-Williams from $410.00 to $420.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Citigroup downgraded shares of Sherwin-Williams from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $405.00 to $385.00 in a report on Friday, June 13th. Finally, Barclays lowered their price target on shares of Sherwin-Williams from $385.00 to $355.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $391.31.

Sherwin-Williams Stock Performance

NYSE:SHW opened at $345.98 on Wednesday. The company has a quick ratio of 0.45, a current ratio of 0.77 and a debt-to-equity ratio of 1.90. The stock has a market cap of $86.70 billion, a P/E ratio of 32.70, a price-to-earnings-growth ratio of 3.11 and a beta of 1.18. The firm's fifty day simple moving average is $351.46 and its 200 day simple moving average is $347.93. The Sherwin-Williams Company has a twelve month low of $297.86 and a twelve month high of $400.42.

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

Sherwin-Williams Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 16th were issued a $0.79 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a $3.16 annualized dividend and a yield of 0.91%. Sherwin-Williams's payout ratio is 29.87%.

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.

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