Capital Analysts LLC increased its position in shares of Sherwin-Williams Company (The) (NYSE:SHW) by 7.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,823 shares of the specialty chemicals company’s stock after buying an additional 195 shares during the period. Capital Analysts LLC’s holdings in Sherwin-Williams Company (The) were worth $991,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. First Citizens Bank & Trust Co. raised its position in shares of Sherwin-Williams Company (The) by 0.3% in the first quarter. First Citizens Bank & Trust Co. now owns 1,160 shares of the specialty chemicals company’s stock valued at $360,000 after buying an additional 3 shares during the last quarter. Alps Advisors Inc. raised its position in shares of Sherwin-Williams Company (The) by 0.3% in the second quarter. Alps Advisors Inc. now owns 1,544 shares of the specialty chemicals company’s stock valued at $542,000 after buying an additional 4 shares during the last quarter. Dynamic Advisors Solutions LLC raised its position in shares of Sherwin-Williams Company (The) by 1.2% in the second quarter. Dynamic Advisors Solutions LLC now owns 684 shares of the specialty chemicals company’s stock valued at $240,000 after buying an additional 8 shares during the last quarter. IFP Advisors Inc raised its position in shares of Sherwin-Williams Company (The) by 0.5% in the second quarter. IFP Advisors Inc now owns 1,708 shares of the specialty chemicals company’s stock valued at $599,000 after buying an additional 9 shares during the last quarter. Finally, Valmark Advisers Inc. raised its position in shares of Sherwin-Williams Company (The) by 0.3% in the second quarter. Valmark Advisers Inc. now owns 3,671 shares of the specialty chemicals company’s stock valued at $1,288,000 after buying an additional 10 shares during the last quarter. Institutional investors and hedge funds own 73.89% of the company’s stock.

Sherwin-Williams Company (SHW) opened at 338.92 on Tuesday. The firm’s 50-day moving average price is $342.66 and its 200-day moving average price is $330.76. Sherwin-Williams Company has a 1-year low of $239.48 and a 1-year high of $362.57. The firm has a market capitalization of $31.47 billion, a PE ratio of 27.94 and a beta of 1.23.

Sherwin-Williams Company (The) (NYSE:SHW) last announced its quarterly earnings results on Thursday, July 20th. The specialty chemicals company reported $4.52 EPS for the quarter, missing the Thomson Reuters’ 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 business had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.83 billion. During the same quarter last year, the company earned $4.06 EPS. The business’s revenue for the quarter was up 16.0% compared to the same quarter last year. On average, equities research analysts predict that Sherwin-Williams Company will post $15.00 EPS for the current fiscal year.

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

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Several research analysts recently weighed in on SHW shares. Morgan Stanley reiterated an “overweight” rating and issued a $375.00 price objective (up from $335.00) on shares of Sherwin-Williams Company (The) in a research report on Wednesday, May 17th. Zacks Investment Research lowered Sherwin-Williams Company (The) from a “buy” rating to a “hold” rating in a research report on Monday, May 22nd. Jefferies Group LLC started coverage on Sherwin-Williams Company (The) in a research report on Friday, May 26th. They issued a “hold” rating and a $364.00 price objective for the company. UBS AG reiterated a “neutral” rating and issued a $341.00 price objective (up from $312.00) on shares of Sherwin-Williams Company (The) in a research report on Tuesday, June 6th. Finally, Goldman Sachs Group, Inc. (The) started coverage on Sherwin-Williams Company (The) in a research report on Thursday, June 8th. They issued a “buy” rating and a $403.00 price objective for the company. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the company’s stock. Sherwin-Williams Company (The) has a consensus rating of “Hold” and an average target price 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.

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

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