Investors purchased shares of Sherwin-Williams Company (The) (NYSE:SHW) on weakness during trading on Monday. $88.20 million flowed into the stock on the tick-up and $71.35 million flowed out of the stock on the tick-down, for a money net flow of $16.85 million into the stock. Of all equities tracked, Sherwin-Williams Company (The) had the 27th highest net in-flow for the day. Sherwin-Williams Company (The) traded down ($3.12) for the day and closed at $386.58

SHW has been the topic of a number of recent analyst reports. Royal Bank Of Canada restated a “buy” rating on shares of Sherwin-Williams Company (The) in a research report on Wednesday, September 20th. BidaskClub lowered shares of Sherwin-Williams Company (The) from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Robert W. Baird restated a “buy” rating and issued a $375.00 price target on shares of Sherwin-Williams Company (The) in a research report on Friday, September 29th. UBS AG restated a “neutral” rating and issued a $375.00 price target (up from $359.00) on shares of Sherwin-Williams Company (The) in a research report on Wednesday, July 26th. Finally, Zacks Investment Research upgraded shares of Sherwin-Williams Company (The) from a “hold” rating to a “buy” rating and set a $380.00 price target on the stock in a research report on Wednesday, September 20th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company. Sherwin-Williams Company (The) has an average rating of “Buy” and an average target price of $392.49.

The firm has a 50-day moving average price of $361.75 and a 200 day moving average price of $344.37. The company has a market capitalization of $35.89 billion, a P/E ratio of 31.87 and a beta of 1.22.

Sherwin-Williams Company (The) (NYSE:SHW) last posted its quarterly earnings results on Thursday, July 20th. The specialty chemicals company reported $4.52 earnings per share for the quarter, missing analysts’ consensus estimates of $4.54 by ($0.02). Sherwin-Williams Company (The) had a net margin of 9.14% and a return on equity of 63.81%. The company had revenue of $3.74 billion during the quarter, compared to analyst estimates of $3.83 billion. During the same quarter in the previous year, the business posted $4.06 earnings per share. The company’s revenue for the quarter was up 16.0% on a year-over-year basis. On average, analysts anticipate that Sherwin-Williams Company will post $14.73 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 17th will be paid a $0.85 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.88%. Sherwin-Williams Company (The)’s payout ratio is currently 28.05%.

A number of large investors have recently bought and sold shares of SHW. BlackRock Inc. boosted its position in Sherwin-Williams Company (The) by 1,591.2% during the 1st quarter. BlackRock Inc. now owns 5,267,993 shares of the specialty chemicals company’s stock worth $1,634,079,000 after buying an additional 4,956,505 shares during the period. Janus Henderson Group PLC boosted its position in Sherwin-Williams Company (The) by 10,157.5% during the 2nd quarter. Janus Henderson Group PLC now owns 1,043,902 shares of the specialty chemicals company’s stock worth $366,368,000 after buying an additional 1,033,725 shares during the period. Jana Partners LLC acquired a new stake in Sherwin-Williams Company (The) during the 1st quarter worth approximately $203,163,000. Renaissance Technologies LLC boosted its position in Sherwin-Williams Company (The) by 195.1% during the 1st quarter. Renaissance Technologies LLC now owns 961,900 shares of the specialty chemicals company’s stock worth $298,372,000 after buying an additional 635,900 shares during the period. Finally, FMR LLC boosted its position in Sherwin-Williams Company (The) by 18.1% during the 2nd quarter. FMR LLC now owns 4,054,902 shares of the specialty chemicals company’s stock worth $1,423,109,000 after buying an additional 621,190 shares during the period. Institutional investors and hedge funds own 73.80% of the company’s stock.

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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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