Blair William & Co. IL lowered its stake in Sherwin-Williams Company (The) (NYSE:SHW) by 1.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,030 shares of the specialty chemicals company’s stock after selling 330 shares during the period. Blair William & Co. IL’s holdings in Sherwin-Williams Company (The) were worth $7,030,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SHW. American Beacon Advisors Inc. bought a new stake in shares of Sherwin-Williams Company (The) during the first quarter valued at about $106,000. Financial Architects Inc increased its stake in shares of Sherwin-Williams Company (The) by 218.4% in the first quarter. Financial Architects Inc now owns 433 shares of the specialty chemicals company’s stock valued at $134,000 after buying an additional 297 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in shares of Sherwin-Williams Company (The) during the first quarter valued at about $139,000. Parallel Advisors LLC increased its stake in shares of Sherwin-Williams Company (The) by 2.6% in the first quarter. Parallel Advisors LLC now owns 432 shares of the specialty chemicals company’s stock valued at $144,000 after buying an additional 11 shares in the last quarter. Finally, SRS Capital Advisors Inc. increased its stake in shares of Sherwin-Williams Company (The) by 23.3% in the first quarter. SRS Capital Advisors Inc. now owns 540 shares of the specialty chemicals company’s stock valued at $167,000 after buying an additional 102 shares in the last quarter. 72.69% of the stock is owned by institutional investors.

Shares of Sherwin-Williams Company (SHW) opened at 328.97 on Monday. The firm has a 50-day moving average of $344.62 and a 200-day moving average of $329.62. The firm has a market cap of $30.54 billion, a PE ratio of 27.12 and a beta of 1.23. Sherwin-Williams Company has a 52 week low of $239.48 and a 52 week high of $362.57.

Sherwin-Williams Company (The) (NYSE:SHW) last issued its quarterly earnings results on Thursday, July 20th. The specialty chemicals company reported $4.52 earnings per share for the quarter, missing the Zacks’ consensus estimate of $4.54 by $0.02. The company had revenue of $3.74 billion during the quarter, compared to analysts’ expectations of $3.83 billion. Sherwin-Williams Company (The) had a return on equity of 63.81% and a net margin of 9.14%. Sherwin-Williams Company (The)’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same period last year, the firm posted $4.06 earnings per share. On average, analysts expect that Sherwin-Williams Company will post $15.00 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Friday, August 18th will be issued a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 1.03%. The ex-dividend date is Wednesday, August 16th. Sherwin-Williams Company (The)’s dividend payout ratio (DPR) is presently 28.05%.

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Several equities research analysts have recently issued reports on SHW shares. BidaskClub downgraded shares of Sherwin-Williams Company (The) from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 1st. Citigroup Inc. reissued a “buy” rating and set a $410.00 price objective on shares of Sherwin-Williams Company (The) in a research report on Friday, June 23rd. Longbow Research raised shares of Sherwin-Williams Company (The) from a “neutral” rating to a “buy” rating and set a $400.00 price objective for the company in a research report on Tuesday, June 13th. Goldman Sachs Group, Inc. (The) started coverage on shares of Sherwin-Williams Company (The) in a research report on Thursday, June 8th. They set a “buy” rating and a $403.00 price objective for the company. Finally, Zacks Investment Research raised shares of Sherwin-Williams Company (The) from a “hold” rating to a “buy” rating and set a $371.00 price objective for the company in a research report on Tuesday, May 23rd. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating to the company. Sherwin-Williams Company (The) currently has a consensus rating of “Hold” and an average target price of $360.10.

About Sherwin-Williams Company (The)

The Sherwin-Williams Company (Sherwin-Williams) is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Company’s segments are Paint Stores Group, Consumer Group, Global Finishes Group, Latin America Coatings Group and Administrative. The Paint Stores Group markets and sells Sherwin-Williams branded architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items.

Institutional Ownership by Quarter for Sherwin-Williams Company (The) (NYSE:SHW)

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