Vise Technologies Inc. Acquires 927 Shares of The Sherwin-Williams Company (NYSE:SHW)

Vise Technologies Inc. raised its holdings in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 17.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,127 shares of the specialty chemicals company's stock after acquiring an additional 927 shares during the quarter. Vise Technologies Inc.'s holdings in Sherwin-Williams were worth $2,083,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of SHW. Midwest Capital Advisors LLC bought a new stake in Sherwin-Williams during the 4th quarter valued at $26,000. Lee Danner & Bass Inc. bought a new position in shares of Sherwin-Williams in the fourth quarter worth $28,000. Sierra Ocean LLC bought a new position in shares of Sherwin-Williams in the fourth quarter worth $36,000. WR Wealth Planners LLC increased its holdings in shares of Sherwin-Williams by 41.7% in the fourth quarter. WR Wealth Planners LLC now owns 119 shares of the specialty chemicals company's stock worth $40,000 after purchasing an additional 35 shares during the period. Finally, AlphaMark Advisors LLC bought a new position in Sherwin-Williams in the fourth quarter valued at $41,000. Institutional investors own 77.67% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Morgan Stanley reduced their target price on Sherwin-Williams from $405.00 to $385.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Royal Bank of Canada increased their target price on Sherwin-Williams from $410.00 to $420.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. Robert W. Baird set a $370.00 target price on Sherwin-Williams in a research note on Friday, January 31st. Mizuho set a $395.00 price target on shares of Sherwin-Williams in a research report on Tuesday, April 15th. Finally, Barclays cut their price target on shares of Sherwin-Williams from $385.00 to $355.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 1st. Five equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Sherwin-Williams currently has a consensus rating of "Moderate Buy" and a consensus price target of $397.00.

Insider Buying and Selling

In related news, insider Colin M. Davie sold 2,799 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $360.30, for a total value of $1,008,479.70. Following the completion of the transaction, the insider now owns 5,365 shares of the company's stock, valued at $1,933,009.50. The trade was a 34.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.60% of the stock is currently owned by insiders.

Sherwin-Williams Trading Up 1.9%

Shares of NYSE:SHW traded up $6.78 during trading hours on Tuesday, hitting $359.29. 1,260,200 shares of the company's stock traded hands, compared to its average volume of 1,762,513. The Sherwin-Williams Company has a 1 year low of $282.09 and a 1 year high of $400.42. The business has a fifty day moving average price of $343.35 and a 200-day moving average price of $354.25. The firm has a market capitalization of $90.04 billion, a P/E ratio of 34.06, a price-to-earnings-growth ratio of 2.98 and a beta of 1.25. The company has a debt-to-equity ratio of 2.02, a current ratio of 0.79 and a quick ratio of 0.46.

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 analysts' consensus estimates 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 74.50% and a net margin of 11.61%. Sherwin-Williams's quarterly revenue was down 1.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.17 earnings per share. Equities analysts expect that The Sherwin-Williams Company will post 12 earnings per share for the current year.

Sherwin-Williams Announces Dividend

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 paid a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Friday, May 16th. Sherwin-Williams's dividend payout ratio (DPR) is 29.87%.

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.