The Sherwin-Williams Company (NYSE:SHW) Shares Sold by Jump Financial LLC

Jump Financial LLC lessened its holdings in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 55.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,771 shares of the specialty chemicals company's stock after selling 15,789 shares during the quarter. Jump Financial LLC's holdings in Sherwin-Williams were worth $3,983,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Astoria Portfolio Advisors LLC. lifted its holdings in shares of Sherwin-Williams by 45.1% during the fourth quarter. Astoria Portfolio Advisors LLC. now owns 3,261 shares of the specialty chemicals company's stock worth $1,004,000 after purchasing an additional 1,013 shares during the period. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of Sherwin-Williams by 153.2% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 2,157 shares of the specialty chemicals company's stock worth $673,000 after purchasing an additional 1,305 shares during the period. Mawer Investment Management Ltd. lifted its holdings in shares of Sherwin-Williams by 2.1% during the fourth quarter. Mawer Investment Management Ltd. now owns 416,369 shares of the specialty chemicals company's stock worth $129,865,000 after purchasing an additional 8,548 shares during the period. Smithfield Trust Co lifted its holdings in shares of Sherwin-Williams by 1.9% during the fourth quarter. Smithfield Trust Co now owns 2,058 shares of the specialty chemicals company's stock worth $641,000 after purchasing an additional 39 shares during the period. Finally, Principal Securities Inc. acquired a new stake in shares of Sherwin-Williams during the fourth quarter worth about $1,666,000. Institutional investors and hedge funds own 77.67% of the company's stock.

Insiders Place Their Bets

In other Sherwin-Williams news, SVP Gregory P. Sofish sold 1,830 shares of the business's stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $320.70, for a total transaction of $586,881.00. Following the transaction, the senior vice president now owns 6,329 shares of the company's stock, valued at $2,029,710.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Sherwin-Williams news, SVP Gregory P. Sofish sold 1,830 shares of the business's stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $320.70, for a total transaction of $586,881.00. Following the transaction, the senior vice president now owns 6,329 shares of the company's stock, valued at $2,029,710.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Mary L. Garceau sold 23,518 shares of the business's stock in a transaction on Monday, February 26th. The stock was sold at an average price of $322.66, for a total value of $7,588,317.88. Following the transaction, the senior vice president now directly owns 28,475 shares in the company, valued at approximately $9,187,743.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 32,050 shares of company stock valued at $10,340,237. Insiders own 0.60% of the company's stock.

Analyst Upgrades and Downgrades

SHW has been the subject of a number of research reports. Northcoast Research raised Sherwin-Williams from a "neutral" rating to a "buy" rating and set a $360.00 target price for the company in a report on Tuesday, February 27th. Royal Bank of Canada reduced their price target on Sherwin-Williams from $380.00 to $370.00 and set an "outperform" rating for the company in a research report on Thursday, April 25th. JPMorgan Chase & Co. reduced their price target on Sherwin-Williams from $317.00 to $315.00 and set an "overweight" rating for the company in a research report on Wednesday, April 24th. StockNews.com cut Sherwin-Williams from a "buy" rating to a "hold" rating in a research report on Thursday, April 25th. Finally, BMO Capital Markets reiterated an "outperform" rating and set a $377.00 price target (down from $385.00) on shares of Sherwin-Williams in a research 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 stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $341.39.

Sherwin-Williams Price Performance

Shares of SHW traded up $0.41 during trading hours on Friday, hitting $320.86. 1,075,749 shares of the stock were exchanged, compared to its average volume of 1,779,292. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.46 and a current ratio of 0.78. The Sherwin-Williams Company has a 12-month low of $221.76 and a 12-month high of $348.37. The company has a market cap of $81.35 billion, a price-to-earnings ratio of 34.21, a price-to-earnings-growth ratio of 2.58 and a beta of 1.18. The stock's 50-day moving average price is $325.94 and its two-hundred day moving average price is $303.71.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its quarterly earnings results on Tuesday, April 23rd. The specialty chemicals company reported $2.17 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts' expectations of $5.50 billion. During the same quarter in the previous year, the firm posted $2.04 earnings per share. The firm's revenue for the quarter was down 1.4% compared to the same quarter last year. Research analysts expect that The Sherwin-Williams Company will post 11.43 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Friday, May 17th will be paid a dividend of $0.715 per share. This represents a $2.86 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend is Thursday, May 16th. Sherwin-Williams's dividend payout ratio (DPR) is currently 30.49%.

Sherwin-Williams Company 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.

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