The Sherwin-Williams Company (NYSE:SHW) Position Increased by Captrust Financial Advisors

Captrust Financial Advisors raised its stake in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 15.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,448 shares of the specialty chemicals company's stock after purchasing an additional 3,877 shares during the quarter. Captrust Financial Advisors' holdings in Sherwin-Williams were worth $10,010,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SHW. Midwest Capital Advisors LLC purchased a new position in shares of Sherwin-Williams in the 4th quarter valued at approximately $26,000. Lee Danner & Bass Inc. purchased a new position in shares of Sherwin-Williams during the fourth quarter worth approximately $28,000. Sierra Ocean LLC purchased a new position in shares of Sherwin-Williams in the fourth quarter valued at $36,000. WR Wealth Planners LLC grew its holdings in Sherwin-Williams by 41.7% in the 4th quarter. WR Wealth Planners LLC now owns 119 shares of the specialty chemicals company's stock valued at $40,000 after buying an additional 35 shares during the period. Finally, AlphaMark Advisors LLC purchased a new position in Sherwin-Williams in the 4th quarter worth approximately $41,000. Institutional investors own 77.67% of the company's stock.

Insider Buying and Selling

In other Sherwin-Williams news, insider Colin M. Davie sold 2,799 shares of Sherwin-Williams stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $360.30, for a total transaction of $1,008,479.70. Following the completion of the transaction, the insider now owns 5,365 shares in the company, valued at approximately $1,933,009.50. This trade represents a 34.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.60% of the stock is currently owned by company insiders.

Sherwin-Williams Trading Up 0.2%

Shares of NYSE:SHW traded up $0.56 during trading on Tuesday, reaching $357.71. 474,881 shares of the stock were exchanged, compared to its average volume of 1,759,892. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.46 and a current ratio of 0.79. The firm has a market cap of $89.64 billion, a price-to-earnings ratio of 33.91, a price-to-earnings-growth ratio of 2.98 and a beta of 1.25. The Sherwin-Williams Company has a 12-month low of $282.09 and a 12-month high of $400.42. The firm's 50-day moving average price is $341.70 and its 200 day moving average price is $355.25.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The specialty chemicals company reported $2.25 EPS for the quarter, beating the consensus estimate of $2.23 by $0.02. The business had revenue of $5.31 billion for 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 firm earned $2.17 EPS. On average, sell-side analysts anticipate that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders 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 is currently 29.87%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on SHW shares. Jefferies Financial Group reiterated a "hold" rating and set a $380.00 price target (down from $423.00) on shares of Sherwin-Williams in a report on Monday, March 10th. Robert W. Baird set a $370.00 target price on Sherwin-Williams in a research note on Friday, January 31st. UBS Group cut their target price on Sherwin-Williams from $430.00 to $400.00 and set a "buy" rating on the stock in a report on Monday, April 7th. Citigroup dropped their target price on shares of Sherwin-Williams from $423.00 to $375.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Finally, Morgan Stanley dropped their price objective on Sherwin-Williams from $405.00 to $385.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Five research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Sherwin-Williams currently 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.