The Sherwin-Williams Company (NYSE:SHW) Shares Bought by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG lifted its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 63.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 95,456 shares of the specialty chemicals company’s stock after buying an additional 37,051 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Sherwin-Williams were worth $32,386,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Principal Financial Group Inc. boosted its holdings in shares of Sherwin-Williams by 1.0% during the 3rd quarter. Principal Financial Group Inc. now owns 1,047,174 shares of the specialty chemicals company’s stock worth $399,675,000 after purchasing an additional 10,709 shares during the last quarter. Freedom Investment Management Inc. purchased a new position in Sherwin-Williams during the third quarter worth approximately $234,000. Public Sector Pension Investment Board boosted its stake in Sherwin-Williams by 14.0% during the third quarter. Public Sector Pension Investment Board now owns 8,980 shares of the specialty chemicals company’s stock worth $3,427,000 after buying an additional 1,100 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in Sherwin-Williams by 0.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 69,546 shares of the specialty chemicals company’s stock valued at $26,541,000 after buying an additional 415 shares in the last quarter. Finally, Captrust Financial Advisors increased its stake in shares of Sherwin-Williams by 14.5% in the 3rd quarter. Captrust Financial Advisors now owns 25,571 shares of the specialty chemicals company’s stock worth $9,760,000 after acquiring an additional 3,232 shares during the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Insider Buying and Selling at Sherwin-Williams

In other news, insider Colin M. Davie sold 2,799 shares of the stock in a transaction on 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 sale, the insider now owns 5,365 shares in the company, valued at approximately $1,933,009.50. This represents a 34.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.60% of the company’s stock.

Sherwin-Williams Trading Down 1.7 %

Shares of SHW stock opened at $339.77 on Monday. The Sherwin-Williams Company has a fifty-two week low of $282.09 and a fifty-two week high of $400.42. 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 stock has a 50-day simple moving average of $353.59 and a 200 day simple moving average of $363.80. The stock has a market capitalization of $85.46 billion, a P/E ratio of 32.21, a P/E/G ratio of 2.98 and a beta of 1.23.

Sherwin-Williams (NYSE:SHW) last announced its earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 EPS for the quarter, beating 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 business earned $1.81 earnings per share. On average, 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 company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, March 3rd were issued a dividend of $0.79 per share. This is an increase from Sherwin-Williams’s previous quarterly dividend of $0.72. This represents a $3.16 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend was Monday, March 3rd. Sherwin-Williams’s dividend payout ratio is currently 29.95%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on SHW shares. Zelman & Associates raised shares of Sherwin-Williams to a “strong-buy” rating in a research note on Friday, January 17th. Mizuho lowered their price objective on Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Royal Bank of Canada reduced their target price on Sherwin-Williams from $438.00 to $415.00 and set an “outperform” rating on the stock in a research report on Monday, February 3rd. Citigroup reiterated a “buy” rating and set a $423.00 price target (up from $418.00) on shares of Sherwin-Williams in a report on Wednesday, February 26th. Finally, Robert W. Baird set a $370.00 price target on shares of Sherwin-Williams in a research note on Friday, January 31st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $401.13.

Sherwin-Williams Company 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.