Orser Capital Management LLC Buys New Holdings in The Sherwin-Williams Company (NYSE:SHW)

Orser Capital Management LLC purchased a new position in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,095 shares of the specialty chemicals company's stock, valued at approximately $382,000.

A number of other large investors have also recently made changes to their positions in SHW. Midwest Capital Advisors LLC purchased a new position in shares of Sherwin-Williams during the 4th quarter worth about $26,000. Park Square Financial Group LLC purchased a new position in shares of Sherwin-Williams during the 4th quarter worth about $27,000. Lee Danner & Bass Inc. purchased a new position in shares of Sherwin-Williams during the 4th quarter worth about $28,000. Sierra Ocean LLC purchased a new position in shares of Sherwin-Williams during the 4th quarter worth about $36,000. Finally, WR Wealth Planners LLC lifted its holdings in Sherwin-Williams by 41.7% during the 4th quarter. WR Wealth Planners LLC now owns 119 shares of the specialty chemicals company's stock valued at $40,000 after buying an additional 35 shares in the last quarter. 77.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on SHW shares. Morgan Stanley decreased their price objective on shares of Sherwin-Williams from $405.00 to $385.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. 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. Wells Fargo & Company upgraded shares of Sherwin-Williams from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $350.00 to $420.00 in a report on Wednesday, April 30th. Mizuho set a $395.00 price target on shares of Sherwin-Williams in a report on Tuesday, April 15th. Finally, Citigroup reduced their price target 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. Five investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $397.00.

Sherwin-Williams Trading Down 1.2%

SHW stock traded down $4.48 during mid-day trading on Thursday, hitting $357.74. 1,417,195 shares of the company were exchanged, compared to its average volume of 1,735,480. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 2.02. The firm has a market capitalization of $89.65 billion, a P/E ratio of 33.91, a PEG ratio of 2.98 and a beta of 1.25. The business has a fifty day simple moving average of $345.75 and a 200-day simple moving average of $353.34. The Sherwin-Williams Company has a 12-month low of $282.09 and a 12-month high of $400.42.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The specialty chemicals company reported $2.25 EPS for the quarter, beating the consensus estimate of $2.23 by $0.02. Sherwin-Williams had a net margin of 11.61% and a return on equity of 74.50%. The business had revenue of $5.31 billion during the quarter, compared to analyst estimates of $5.42 billion. During the same quarter last year, the firm posted $2.17 earnings per share. The business's revenue for the quarter was down 1.1% compared to the same quarter last year. On average, equities research analysts predict that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be issued a $0.79 dividend. The ex-dividend date is Friday, May 16th. This represents a $3.16 annualized dividend and a yield of 0.88%. Sherwin-Williams's dividend payout ratio (DPR) is 29.87%.

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.