The Sherwin-Williams Company (NYSE:SHW) Shares Purchased by Signaturefd LLC

Signaturefd LLC raised its holdings in The Sherwin-Williams Company (NYSE:SHW) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,412 shares of the specialty chemicals company’s stock after purchasing an additional 45 shares during the quarter. Signaturefd LLC’s holdings in Sherwin-Williams were worth $1,840,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Midwest Capital Advisors LLC purchased a new position in shares of Sherwin-Williams during the fourth quarter worth about $26,000. FSA Wealth Management LLC acquired a new stake in Sherwin-Williams during the 3rd quarter worth approximately $32,000. True Wealth Design LLC grew its stake in shares of Sherwin-Williams by 1,000.0% in the 3rd quarter. True Wealth Design LLC now owns 99 shares of the specialty chemicals company’s stock valued at $38,000 after purchasing an additional 90 shares during the last quarter. Sierra Ocean LLC acquired a new position in shares of Sherwin-Williams in the fourth quarter valued at approximately $36,000. Finally, WR Wealth Planners LLC raised its stake in shares of Sherwin-Williams by 41.7% during 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 last quarter. 77.67% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Sherwin-Williams news, insider Colin M. Davie sold 2,799 shares of the firm’s stock in a transaction dated 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 sale, the insider now directly owns 5,365 shares of the company’s stock, valued at $1,933,009.50. This trade represents a 34.28 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.60% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. StockNews.com lowered shares of Sherwin-Williams from a “buy” rating to a “hold” rating in a research report on Thursday, November 28th. Berenberg Bank upgraded shares of Sherwin-Williams from a “hold” rating to a “buy” rating and boosted their price target for the stock from $321.00 to $420.00 in a research note on Friday, January 24th. Royal Bank of Canada reduced their price objective on shares of Sherwin-Williams from $438.00 to $415.00 and set an “outperform” rating for the company in a research report on Monday, February 3rd. Morgan Stanley dropped their target price on Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. Finally, Zelman & Associates raised Sherwin-Williams to a “strong-buy” rating in a report on Friday, January 17th. One analyst has rated the stock with a sell rating, six have given a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $401.13.

Sherwin-Williams Price Performance

Shares of NYSE SHW opened at $342.73 on Tuesday. The company has a current ratio of 0.79, a quick ratio of 0.46 and a debt-to-equity ratio of 2.02. The stock has a market cap of $86.20 billion, a price-to-earnings ratio of 32.49, a PEG ratio of 2.98 and a beta of 1.23. The company’s 50-day moving average price is $353.95 and its 200 day moving average price is $365.49. The Sherwin-Williams Company has a 52 week low of $282.09 and a 52 week high of $400.42.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings data on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.02. Sherwin-Williams had a return on equity of 74.50% and a net margin of 11.61%. During the same quarter in the prior year, the company posted $1.81 earnings per share. As a group, research analysts forecast that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, March 3rd were paid a dividend of $0.79 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $3.16 dividend on an annualized basis and a dividend yield of 0.92%. This is a positive change from Sherwin-Williams’s previous quarterly dividend of $0.72. Sherwin-Williams’s dividend payout ratio (DPR) is presently 29.95%.

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.