137 Shares in The Sherwin-Williams Company (NYSE:SHW) Acquired by Whipplewood Advisors LLC

Whipplewood Advisors LLC acquired a new position in The Sherwin-Williams Company (NYSE:SHW) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 137 shares of the specialty chemicals company’s stock, valued at approximately $47,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Valued Wealth Advisors LLC boosted its holdings in shares of Sherwin-Williams by 88.9% in the third quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company’s stock worth $26,000 after buying an additional 32 shares during the last quarter. First Personal Financial Services purchased a new position in shares of Sherwin-Williams in the third quarter worth approximately $29,000. Midwest Capital Advisors LLC purchased a new position in shares of Sherwin-Williams in the fourth quarter worth approximately $26,000. FSA Wealth Management LLC purchased a new position in shares of Sherwin-Williams in the third quarter worth approximately $32,000. Finally, True Wealth Design LLC boosted its holdings in shares of Sherwin-Williams by 1,000.0% in the third quarter. True Wealth Design LLC now owns 99 shares of the specialty chemicals company’s stock worth $38,000 after buying an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on SHW. Evercore ISI raised their target price on shares of Sherwin-Williams from $400.00 to $420.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Zelman & Associates upgraded shares of Sherwin-Williams to a “strong-buy” rating in a research note on Friday, January 17th. Citigroup restated a “buy” rating and set a $423.00 target price (up previously from $418.00) on shares of Sherwin-Williams in a research note on Wednesday. Mizuho decreased their target price on shares of Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Finally, Royal Bank of Canada decreased their target price on shares of Sherwin-Williams from $438.00 to $415.00 and set an “outperform” rating on the stock in a research note on Monday, February 3rd. One analyst has rated the stock with a sell rating, six have issued a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Sherwin-Williams has a consensus rating of “Moderate Buy” and an average price target of $403.31.

Sherwin-Williams Trading Up 2.0 %

Shares of SHW opened at $362.46 on Friday. The company’s fifty day moving average is $351.26 and its 200 day moving average is $365.65. The Sherwin-Williams Company has a fifty-two week low of $282.09 and a fifty-two week high of $400.42. The stock has a market capitalization of $91.16 billion, a PE ratio of 34.36, a P/E/G ratio of 2.98 and a beta of 1.22. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.46 and a current ratio of 0.79.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share 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 period in the previous year, the firm earned $1.81 EPS. Sell-side analysts expect that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, March 3rd will be given a $0.79 dividend. This represents a $3.16 annualized dividend and a yield of 0.87%. The ex-dividend date is Monday, March 3rd. This is a boost from Sherwin-Williams’s previous quarterly dividend of $0.72. Sherwin-Williams’s payout ratio is currently 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.