Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in Sherwin-Williams Company (The) (NYSE:SHW) by 27.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,674 shares of the specialty chemicals company’s stock after buying an additional 4,415 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Sherwin-Williams Company (The) were worth $7,256,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SHW. Alpha Cubed Investments LLC increased its position in shares of Sherwin-Williams Company (The) by 18.2% in the first quarter. Alpha Cubed Investments LLC now owns 2,569 shares of the specialty chemicals company’s stock valued at $797,000 after buying an additional 395 shares during the last quarter. Fairfax Financial Holdings Ltd Can bought a new position in shares of Sherwin-Williams Company (The) during the first quarter valued at $212,000. WealthTrust Fairport LLC increased its position in shares of Sherwin-Williams Company (The) by 0.7% in the first quarter. WealthTrust Fairport LLC now owns 18,341 shares of the specialty chemicals company’s stock valued at $5,689,000 after buying an additional 134 shares during the last quarter. BP PLC increased its position in shares of Sherwin-Williams Company (The) by 140.0% in the first quarter. BP PLC now owns 9,600 shares of the specialty chemicals company’s stock valued at $2,977,000 after buying an additional 5,600 shares during the last quarter. Finally, Independent Advisor Alliance increased its position in shares of Sherwin-Williams Company (The) by 2.8% in the first quarter. Independent Advisor Alliance now owns 5,939 shares of the specialty chemicals company’s stock valued at $1,837,000 after buying an additional 159 shares during the last quarter. Institutional investors and hedge funds own 72.69% of the company’s stock.

Sherwin-Williams Company (NYSE:SHW) opened at 339.16 on Friday. Sherwin-Williams Company has a 12 month low of $239.48 and a 12 month high of $362.57. The stock has a market capitalization of $31.49 billion, a PE ratio of 27.96 and a beta of 1.23. The firm has a 50-day moving average price of $342.66 and a 200 day moving average price of $330.76.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 18th will be given a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend is Wednesday, August 16th. Sherwin-Williams Company (The)’s dividend payout ratio (DPR) is currently 28.05%.

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SHW has been the subject of several analyst reports. Citigroup Inc. restated a “buy” rating and set a $410.00 price target on shares of Sherwin-Williams Company (The) in a report on Friday, June 23rd. BidaskClub downgraded Sherwin-Williams Company (The) from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Jefferies Group LLC initiated coverage on Sherwin-Williams Company (The) in a report on Friday, May 26th. They set a “hold” rating and a $364.00 price target for the company. Zacks Investment Research downgraded Sherwin-Williams Company (The) from a “buy” rating to a “hold” rating in a report on Monday, May 22nd. Finally, Goldman Sachs Group, Inc. (The) initiated coverage on Sherwin-Williams Company (The) in a report on Thursday, June 8th. They set a “buy” rating and a $403.00 price target for the company. Two analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $360.10.

Sherwin-Williams Company (The) Company Profile

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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