The Sherwin-Williams Company (NYSE:SHW) Stock Holdings Increased by Pathstone Holdings LLC

Pathstone Holdings LLC increased its holdings in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 2.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,476 shares of the specialty chemicals company's stock after purchasing an additional 815 shares during the quarter. Pathstone Holdings LLC's holdings in Sherwin-Williams were worth $11,040,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SHW. Capital Investment Advisors LLC raised its holdings in shares of Sherwin-Williams by 5.6% in the 4th quarter. Capital Investment Advisors LLC now owns 737 shares of the specialty chemicals company's stock worth $251,000 after purchasing an additional 39 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its holdings in shares of Sherwin-Williams by 2.2% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 3,531 shares of the specialty chemicals company's stock valued at $1,200,000 after acquiring an additional 77 shares during the period. Kathmere Capital Management LLC raised its holdings in shares of Sherwin-Williams by 7.5% during the fourth quarter. Kathmere Capital Management LLC now owns 2,379 shares of the specialty chemicals company's stock valued at $809,000 after acquiring an additional 167 shares during the period. Park Avenue Securities LLC raised its holdings in shares of Sherwin-Williams by 52.6% during the fourth quarter. Park Avenue Securities LLC now owns 6,680 shares of the specialty chemicals company's stock valued at $2,271,000 after acquiring an additional 2,303 shares during the period. Finally, Apella Capital LLC raised its holdings in shares of Sherwin-Williams by 2.1% during the fourth quarter. Apella Capital LLC now owns 1,465 shares of the specialty chemicals company's stock valued at $498,000 after acquiring an additional 30 shares during the period. 77.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

SHW has been the topic of a number of recent analyst reports. Jefferies Financial Group restated a "hold" rating and set a $380.00 price target (down previously from $423.00) on shares of Sherwin-Williams in a report on Monday, March 10th. Zelman & Associates upgraded shares of Sherwin-Williams to a "strong-buy" rating in a report on Friday, January 17th. UBS Group cut their price target on shares of Sherwin-Williams from $430.00 to $400.00 and set a "buy" rating on the stock in a report on Monday, April 7th. JPMorgan Chase & Co. boosted their price target on shares of Sherwin-Williams from $370.00 to $390.00 and gave the company an "overweight" rating in a report on Monday, February 3rd. Finally, Robert W. Baird set a $370.00 price target on shares of Sherwin-Williams in a report on Friday, January 31st. Five research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average 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 company's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $360.30, for a total transaction of $1,008,479.70. Following the completion of the sale, the insider now directly owns 5,365 shares of the company's stock, valued at approximately $1,933,009.50. This represents a 34.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.60% of the stock is owned by insiders.

Sherwin-Williams Stock Performance

SHW stock opened at $361.45 on Friday. 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 company has a market capitalization of $90.58 billion, a price-to-earnings ratio of 34.26, a P/E/G 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 has a 50 day moving average of $341.42 and a two-hundred day moving average of $355.21.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The specialty chemicals company reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.23 by $0.02. The business had revenue of $5.31 billion during the quarter, compared to the consensus estimate of $5.42 billion. Sherwin-Williams had a net margin of 11.61% and a return on equity of 74.50%. Sherwin-Williams's quarterly revenue was down 1.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.17 EPS. As a group, equities analysts anticipate that The Sherwin-Williams Company will post 12 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be issued a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a dividend yield of 0.87%. The ex-dividend date is Friday, May 16th. Sherwin-Williams's dividend payout ratio is currently 29.87%.

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.

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