The Sherwin-Williams Company (NYSE:SHW) is Compass Capital Management Inc.'s 2nd Largest Position

Compass Capital Management Inc. trimmed its stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 201,674 shares of the specialty chemicals company's stock after selling 3,590 shares during the period. Sherwin-Williams comprises approximately 4.5% of Compass Capital Management Inc.'s investment portfolio, making the stock its 2nd biggest position. Compass Capital Management Inc. owned approximately 0.08% of Sherwin-Williams worth $62,902,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SHW. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Sherwin-Williams by 16.2% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 47,568 shares of the specialty chemicals company's stock valued at $12,132,000 after acquiring an additional 6,639 shares during the last quarter. AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of Sherwin-Williams during the 4th quarter valued at about $38,444,000. Machina Capital S.A.S. grew its stake in Sherwin-Williams by 149.0% during the third quarter. Machina Capital S.A.S. now owns 9,695 shares of the specialty chemicals company's stock worth $2,473,000 after purchasing an additional 5,801 shares during the period. AIA Group Ltd increased its holdings in Sherwin-Williams by 20.8% in the fourth quarter. AIA Group Ltd now owns 16,312 shares of the specialty chemicals company's stock worth $5,088,000 after purchasing an additional 2,810 shares in the last quarter. Finally, Pearl River Capital LLC acquired a new position in Sherwin-Williams in the third quarter valued at approximately $4,517,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently weighed in on SHW shares. JPMorgan Chase & Co. lowered their price objective on shares of Sherwin-Williams from $317.00 to $315.00 and set an "overweight" rating for the company in a research note on Wednesday, April 24th. Royal Bank of Canada dropped their price objective on shares of Sherwin-Williams from $380.00 to $370.00 and set an "outperform" rating on the stock in a report on Thursday, April 25th. Northcoast Research upgraded Sherwin-Williams from a "neutral" rating to a "buy" rating and set a $360.00 target price for the company in a research note on Tuesday, February 27th. UBS Group raised Sherwin-Williams from a "neutral" rating to a "buy" rating and boosted their target price for the company from $312.00 to $402.00 in a research report on Thursday, March 7th. Finally, Loop Capital cut their price target on Sherwin-Williams from $395.00 to $380.00 and set a "buy" rating on the stock in a report on Wednesday, April 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, Sherwin-Williams has an average rating of "Moderate Buy" and an average target price of $341.39.

Sherwin-Williams Stock Down 2.1 %

Shares of NYSE SHW traded down $6.49 during trading on Tuesday, hitting $299.60. The stock had a trading volume of 1,779,401 shares, compared to its average volume of 1,474,726. The firm has a fifty day moving average of $327.76 and a two-hundred day moving average of $300.59. The company has a market capitalization of $76.24 billion, a PE ratio of 31.94, a PEG ratio of 2.46 and a beta of 1.15. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.78 and a quick ratio of 0.46. The Sherwin-Williams Company has a 12 month low of $221.76 and a 12 month high of $348.37.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its quarterly earnings data on Tuesday, April 23rd. The specialty chemicals company reported $2.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.22 by ($0.05). Sherwin-Williams had a return on equity of 73.74% and a net margin of 10.52%. The firm had revenue of $5.37 billion during the quarter, compared to the consensus estimate of $5.50 billion. During the same period in the previous year, the company posted $2.04 earnings per share. The company's revenue for the quarter was down 1.4% on a year-over-year basis. As a group, equities research analysts forecast that The Sherwin-Williams Company will post 11.43 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 17th will be given a dividend of $0.715 per share. This represents a $2.86 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date is Thursday, May 16th. Sherwin-Williams's payout ratio is 30.49%.

Insider Buying and Selling

In other Sherwin-Williams news, SVP Gregory P. Sofish sold 1,830 shares of the company's stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $320.70, for a total value of $586,881.00. Following the completion of the transaction, the senior vice president now owns 6,329 shares in the company, valued at approximately $2,029,710.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Sherwin-Williams news, SVP Gregory P. Sofish sold 1,830 shares of Sherwin-Williams stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $320.70, for a total value of $586,881.00. Following the sale, the senior vice president now owns 6,329 shares of the company's stock, valued at $2,029,710.30. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Justin T. Binns sold 1,563 shares of the stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $338.87, for a total transaction of $529,653.81. Following the transaction, the insider now directly owns 14,564 shares of the company's stock, valued at $4,935,302.68. The disclosure for this sale can be found here. Over the last three months, insiders have sold 32,050 shares of company stock worth $10,340,237. 0.60% of the stock is owned by company insiders.

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.