Van Lanschot Kempen Investment Management N.V. Sells 2,247 Shares of The Sherwin-Williams Company (NYSE:SHW)

Van Lanschot Kempen Investment Management N.V. lessened its stake in The Sherwin-Williams Company (NYSE:SHW) by 5.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,835 shares of the specialty chemicals company’s stock after selling 2,247 shares during the period. Van Lanschot Kempen Investment Management N.V.’s holdings in Sherwin-Williams were worth $14,221,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. TD Waterhouse Canada Inc. lifted its stake in shares of Sherwin-Williams by 3.6% during the fourth quarter. TD Waterhouse Canada Inc. now owns 16,828 shares of the specialty chemicals company’s stock valued at $5,719,000 after acquiring an additional 583 shares during the period. Tower Research Capital LLC TRC lifted its holdings in Sherwin-Williams by 102.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 19,847 shares of the specialty chemicals company’s stock valued at $6,747,000 after buying an additional 10,020 shares during the period. Landing Point Financial Group LLC bought a new position in Sherwin-Williams in the fourth quarter valued at approximately $561,000. MML Investors Services LLC grew its holdings in Sherwin-Williams by 11.7% during the 4th quarter. MML Investors Services LLC now owns 50,039 shares of the specialty chemicals company’s stock worth $17,010,000 after acquiring an additional 5,247 shares during the period. Finally, MetLife Investment Management LLC raised its position in shares of Sherwin-Williams by 1.0% during the 4th quarter. MetLife Investment Management LLC now owns 70,797 shares of the specialty chemicals company’s stock valued at $24,066,000 after acquiring an additional 677 shares during the last quarter. Institutional investors and hedge funds own 77.67% of the company’s stock.

Insider Transactions at Sherwin-Williams

In other Sherwin-Williams news, insider Colin M. Davie sold 2,799 shares of the firm’s 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 completion of the sale, the insider now 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on SHW shares. Barclays decreased their price objective on Sherwin-Williams from $385.00 to $355.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 1st. UBS Group lowered their price target on Sherwin-Williams from $430.00 to $400.00 and set a “buy” rating for the company in a research note on Monday, April 7th. JPMorgan Chase & Co. boosted their price objective 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. Royal Bank of Canada cut their target price on shares of Sherwin-Williams from $438.00 to $415.00 and set an “outperform” rating on the stock 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. Six investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Sherwin-Williams has an average rating of “Moderate Buy” and a consensus target price of $392.50.

Sherwin-Williams Stock Down 3.2 %

SHW stock opened at $322.77 on Tuesday. The company has a market cap of $81.18 billion, a price-to-earnings ratio of 30.59, a P/E/G ratio of 2.98 and a beta of 1.26. 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 Sherwin-Williams Company has a twelve month low of $282.09 and a twelve month high of $400.42. The business has a 50 day moving average price of $344.13 and a two-hundred day moving average price of $358.32.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates 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 company earned $1.81 earnings per share. Analysts anticipate that The Sherwin-Williams Company will post 12 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be given a $0.79 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 0.98%. Sherwin-Williams’s payout ratio is 29.95%.

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.