Threadgill Financial LLC Buys 7,118 Shares of The Sherwin-Williams Company (NYSE:SHW)

Threadgill Financial LLC lifted its holdings in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 99.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,295 shares of the specialty chemicals company's stock after buying an additional 7,118 shares during the period. Sherwin-Williams accounts for approximately 2.7% of Threadgill Financial LLC's holdings, making the stock its 9th biggest position. Threadgill Financial LLC's holdings in Sherwin-Williams were worth $4,992,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Legacy Capital Wealth Partners LLC raised its position in shares of Sherwin-Williams by 2.9% during the 4th quarter. Legacy Capital Wealth Partners LLC now owns 1,028 shares of the specialty chemicals company's stock worth $350,000 after purchasing an additional 29 shares during the period. Atlantic Edge Private Wealth Management LLC increased its position in Sherwin-Williams by 0.8% in the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 3,742 shares of the specialty chemicals company's stock worth $1,272,000 after buying an additional 30 shares during the period. IMS Capital Management lifted its stake in Sherwin-Williams by 2.4% in the fourth quarter. IMS Capital Management now owns 1,287 shares of the specialty chemicals company's stock valued at $437,000 after buying an additional 30 shares during the last quarter. Coppell Advisory Solutions LLC boosted its holdings in shares of Sherwin-Williams by 2.7% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,146 shares of the specialty chemicals company's stock valued at $388,000 after acquiring an additional 30 shares during the period. Finally, Chicago Partners Investment Group LLC grew its position in shares of Sherwin-Williams by 1.8% during the fourth quarter. Chicago Partners Investment Group LLC now owns 1,874 shares of the specialty chemicals company's stock worth $633,000 after acquiring an additional 33 shares during the last quarter. Institutional investors and hedge funds own 77.67% of the company's stock.

Sherwin-Williams Price Performance

Shares of NYSE SHW traded down $4.48 during mid-day trading on Thursday, reaching $357.74. The company had a trading volume of 1,417,195 shares, compared to its average volume of 1,735,480. The company has a 50-day moving average price of $345.75 and a two-hundred day moving average price of $353.34. The stock has a market cap of $89.65 billion, a PE ratio of 33.91, a P/E/G ratio of 2.98 and a beta of 1.25. The company has a current ratio of 0.79, a quick ratio of 0.46 and a debt-to-equity ratio of 2.02. The Sherwin-Williams Company has a 1-year low of $282.09 and a 1-year high of $400.42.

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

Sherwin-Williams Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be given a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Friday, May 16th. Sherwin-Williams's payout ratio is presently 29.87%.

Wall Street Analyst Weigh In

SHW has been the topic of several recent research reports. UBS Group cut their price objective on shares of Sherwin-Williams from $430.00 to $400.00 and set a "buy" rating on the stock in a research report on Monday, April 7th. Morgan Stanley decreased their price objective on Sherwin-Williams from $405.00 to $385.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Wells Fargo & Company raised Sherwin-Williams from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $350.00 to $420.00 in a research note on Wednesday, April 30th. Mizuho set a $395.00 price target on Sherwin-Williams in a research report on Tuesday, April 15th. Finally, Royal Bank of Canada raised their price target on Sherwin-Williams from $410.00 to $420.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Sherwin-Williams presently has an average rating of "Moderate Buy" and a consensus target price of $397.00.

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.