752 Shares in The Sherwin-Williams Company (NYSE:SHW) Acquired by Planning Directions Inc.

Planning Directions Inc. purchased a new stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) during the first quarter, according to its most recent filing with the SEC. The fund purchased 752 shares of the specialty chemicals company's stock, valued at approximately $263,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Synergy Investment Management LLC increased its holdings in shares of Sherwin-Williams by 583.3% in the 1st quarter. Synergy Investment Management LLC now owns 82 shares of the specialty chemicals company's stock worth $29,000 after buying an additional 70 shares during the last quarter. Financial Counselors Inc. increased its holdings in shares of Sherwin-Williams by 1.6% in the 1st quarter. Financial Counselors Inc. now owns 26,473 shares of the specialty chemicals company's stock worth $9,244,000 after buying an additional 419 shares during the last quarter. YANKCOM Partnership increased its holdings in shares of Sherwin-Williams by 8.8% in the 1st quarter. YANKCOM Partnership now owns 420 shares of the specialty chemicals company's stock worth $147,000 after buying an additional 34 shares during the last quarter. TD Private Client Wealth LLC increased its holdings in shares of Sherwin-Williams by 11.4% in the 1st quarter. TD Private Client Wealth LLC now owns 4,464 shares of the specialty chemicals company's stock worth $1,559,000 after buying an additional 457 shares during the last quarter. Finally, Capital Advisors Inc. OK increased its holdings in shares of Sherwin-Williams by 28.5% in the 1st quarter. Capital Advisors Inc. OK now owns 1,849 shares of the specialty chemicals company's stock worth $646,000 after buying an additional 410 shares during the last quarter. 77.67% of the stock is currently owned by institutional investors.

Sherwin-Williams Stock Up 0.1%

Shares of SHW traded up $0.26 during mid-day trading on Thursday, hitting $351.80. The company's stock had a trading volume of 1,216,367 shares, compared to its average volume of 1,720,784. The company's 50-day moving average is $351.43 and its 200-day moving average is $347.96. The Sherwin-Williams Company has a 52-week low of $298.82 and a 52-week high of $400.42. The firm has a market capitalization of $88.16 billion, a price-to-earnings ratio of 33.25, a PEG ratio of 3.11 and a beta of 1.18. The company has a current ratio of 0.77, a quick ratio of 0.45 and a debt-to-equity ratio of 1.90.

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

Sherwin-Williams Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 16th were paid a dividend of $0.79 per share. The ex-dividend date was Friday, May 16th. This represents a $3.16 annualized dividend and a dividend yield of 0.90%. Sherwin-Williams's dividend payout ratio (DPR) is presently 29.87%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Citigroup downgraded shares of Sherwin-Williams from a "buy" rating to a "neutral" rating and cut their price target for the company from $405.00 to $385.00 in a report on Friday, June 13th. UBS Group upped their price target on shares of Sherwin-Williams from $398.00 to $410.00 and gave the company a "buy" rating in a report on Wednesday. Morgan Stanley cut their price target 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. Royal Bank Of Canada upped their price target 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. Finally, Bank of America upped their price target on shares of Sherwin-Williams from $289.00 to $296.00 and gave the company an "underperform" rating in a report on Monday, June 23rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Sherwin-Williams presently has a consensus rating of "Moderate Buy" and a consensus target price of $391.94.

About Sherwin-Williams

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.