The Sherwin-Williams Company (NYSE:SHW) Stock Position Increased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its position in The Sherwin-Williams Company (NYSE:SHW) by 4.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,436,898 shares of the specialty chemicals company’s stock after purchasing an additional 61,844 shares during the period. Dimensional Fund Advisors LP owned approximately 0.57% of Sherwin-Williams worth $488,442,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Midwest Capital Advisors LLC bought a new position in Sherwin-Williams during the 4th quarter valued at $26,000. Lee Danner & Bass Inc. bought a new stake in Sherwin-Williams in the fourth quarter worth about $28,000. Sierra Ocean LLC bought a new position in shares of Sherwin-Williams during the 4th quarter valued at about $36,000. WR Wealth Planners LLC raised its holdings in shares of Sherwin-Williams by 41.7% in the 4th 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 in the last quarter. Finally, AlphaMark Advisors LLC acquired a new stake in Sherwin-Williams during the fourth quarter valued at approximately $41,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Insiders Place Their Bets

In related news, insider Colin M. Davie sold 2,799 shares of the business’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 transaction, the insider now owns 5,365 shares of the company’s stock, valued at approximately $1,933,009.50. The trade was a 34.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.60% of the company’s stock.

Sherwin-Williams Stock Up 0.5 %

Shares of SHW stock opened at $333.03 on Friday. The company has a market capitalization of $83.76 billion, a price-to-earnings ratio of 31.57, a PEG ratio of 2.98 and a beta of 1.26. 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 stock’s 50 day simple moving average is $344.78 and its 200 day simple moving average is $358.76. The Sherwin-Williams Company has a twelve month low of $282.09 and a twelve month high of $400.42.

Sherwin-Williams (NYSE:SHW) last posted 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 net margin of 11.61% and a return on equity of 74.50%. During the same quarter in the prior year, the company posted $1.81 earnings per share. As a group, research analysts predict that The Sherwin-Williams Company will post 12 EPS for the current year.

Sherwin-Williams Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be paid a dividend of $0.79 per share. The ex-dividend date is Friday, May 16th. This represents a $3.16 annualized dividend and a yield of 0.95%. Sherwin-Williams’s payout ratio is 29.95%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on SHW shares. Zelman & Associates raised Sherwin-Williams to a “strong-buy” rating in a research report on Friday, January 17th. Jefferies Financial Group restated a “hold” rating and set a $380.00 price objective (down previously from $423.00) on shares of Sherwin-Williams in a report on Monday, March 10th. Mizuho set a $395.00 target price on shares of Sherwin-Williams in a research report on Tuesday. JPMorgan Chase & Co. upped their price target on shares of Sherwin-Williams from $370.00 to $390.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Finally, Morgan Stanley lowered their price objective on shares of Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. Six equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Sherwin-Williams presently has an average rating of “Moderate Buy” and a consensus target price of $392.50.

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.