Universal Beteiligungs und Servicegesellschaft mbH Takes Position in The Sherwin-Williams Company (NYSE:SHW)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 304,061 shares of the specialty chemicals company's stock, valued at approximately $103,359,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.12% of Sherwin-Williams at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of SHW. Brighton Jones LLC raised its holdings in shares of Sherwin-Williams by 73.6% in the fourth quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company's stock valued at $525,000 after buying an additional 655 shares during the last quarter. Flagship Harbor Advisors LLC increased its position in Sherwin-Williams by 13.9% in the 4th quarter. Flagship Harbor Advisors LLC now owns 2,879 shares of the specialty chemicals company's stock valued at $979,000 after acquiring an additional 351 shares in the last quarter. AlphaMark Advisors LLC bought a new position in shares of Sherwin-Williams in the fourth quarter worth about $41,000. Stablepoint Partners LLC lifted its position in shares of Sherwin-Williams by 1.5% during the fourth quarter. Stablepoint Partners LLC now owns 4,342 shares of the specialty chemicals company's stock worth $1,476,000 after purchasing an additional 64 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC bought a new stake in shares of Sherwin-Williams during the fourth quarter valued at approximately $274,000. Institutional investors own 77.67% of the company's stock.

Sherwin-Williams Trading Up 0.9%

NYSE SHW traded up $3.08 during trading on Friday, reaching $358.83. 2,509,198 shares of the stock traded hands, compared to its average volume of 1,757,801. The Sherwin-Williams Company has a fifty-two week low of $282.09 and a fifty-two week high of $400.42. 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 cap of $89.92 billion, a price-to-earnings ratio of 34.01, a price-to-earnings-growth ratio of 2.98 and a beta of 1.25. The stock's 50-day moving average price is $344.48 and its 200 day moving average price is $354.05.

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 (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 company had revenue of $5.31 billion during the quarter, compared to analyst estimates of $5.42 billion. During the same quarter in the previous year, the business earned $2.17 EPS. The firm's revenue was down 1.1% on a year-over-year basis. Analysts predict that The Sherwin-Williams Company will post 12 EPS for the current year.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders 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 dividend yield of 0.88%. Sherwin-Williams's dividend payout ratio (DPR) is currently 29.87%.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Royal Bank of Canada boosted their price objective on shares of Sherwin-Williams from $410.00 to $420.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. 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. Jefferies Financial Group restated a "hold" rating and set a $380.00 target price (down previously from $423.00) on shares of Sherwin-Williams in a research report on Monday, March 10th. Citigroup decreased their price target on Sherwin-Williams from $423.00 to $375.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Finally, Robert W. Baird set a $370.00 price objective on Sherwin-Williams in a report on Friday, January 31st. Five investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average 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.