Crestwood Advisors Group LLC grew its stake in Sherwin-Williams Co (NYSE:SHW) by 3.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 32,337 shares of the specialty chemicals company’s stock after buying an additional 957 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Sherwin-Williams were worth $11,578,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Janus Henderson Group PLC lifted its stake in Sherwin-Williams by 10,157.5% during the second quarter. Janus Henderson Group PLC now owns 1,043,902 shares of the specialty chemicals company’s stock worth $366,368,000 after purchasing an additional 1,033,725 shares during the last quarter. FMR LLC lifted its stake in Sherwin-Williams by 18.1% during the second quarter. FMR LLC now owns 4,054,902 shares of the specialty chemicals company’s stock worth $1,423,109,000 after purchasing an additional 621,190 shares during the last quarter. Parametric Portfolio Associates LLC lifted its stake in Sherwin-Williams by 222.9% during the second quarter. Parametric Portfolio Associates LLC now owns 487,545 shares of the specialty chemicals company’s stock worth $171,109,000 after purchasing an additional 336,540 shares during the last quarter. Vanguard Group Inc. lifted its stake in Sherwin-Williams by 5.0% during the second quarter. Vanguard Group Inc. now owns 6,591,936 shares of the specialty chemicals company’s stock worth $2,313,506,000 after purchasing an additional 315,903 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in Sherwin-Williams by 30.6% during the third quarter. Principal Financial Group Inc. now owns 1,057,305 shares of the specialty chemicals company’s stock worth $378,558,000 after purchasing an additional 247,553 shares during the last quarter. Institutional investors and hedge funds own 75.98% of the company’s stock.

Several equities research analysts recently weighed in on SHW shares. Robert W. Baird restated a “buy” rating and set a $375.00 target price on shares of Sherwin-Williams in a research note on Friday, September 1st. Morgan Stanley set a $425.00 target price on Sherwin-Williams and gave the stock an “overweight” rating in a research note on Wednesday, October 4th. KeyCorp restated an “overweight” rating and set a $440.00 target price (up previously from $415.00) on shares of Sherwin-Williams in a research note on Wednesday, October 4th. Longbow Research restated a “buy” rating and set a $440.00 target price (up previously from $400.00) on shares of Sherwin-Williams in a research note on Monday, October 9th. Finally, Royal Bank of Canada boosted their target price on Sherwin-Williams from $390.00 to $423.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 4th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $404.10.

Sherwin-Williams Co (SHW) traded down $5.22 on Friday, reaching $400.23. The company’s stock had a trading volume of 445,400 shares, compared to its average volume of 625,941. The firm has a market capitalization of $37,915.22, a price-to-earnings ratio of 29.21, a price-to-earnings-growth ratio of 2.26 and a beta of 1.22. Sherwin-Williams Co has a 52 week low of $265.14 and a 52 week high of $413.98. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.68 and a current ratio of 1.07.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings results on Tuesday, October 24th. The specialty chemicals company reported $4.75 EPS for the quarter, topping the consensus estimate of $4.70 by $0.05. The company had revenue of $4.51 billion for the quarter, compared to analyst estimates of $4.45 billion. Sherwin-Williams had a return on equity of 58.02% and a net margin of 7.82%. The firm’s revenue was up 37.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.23 earnings per share. sell-side analysts predict that Sherwin-Williams Co will post 15.04 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, December 8th. Stockholders of record on Friday, November 17th were issued a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend was Thursday, November 16th. Sherwin-Williams’s payout ratio is currently 29.90%.

In other news, insider Robert J. Davisson sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $407.11, for a total value of $407,110.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Robert J. Wells sold 2,946 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $409.11, for a total value of $1,205,238.06. Following the completion of the transaction, the senior vice president now directly owns 18,363 shares in the company, valued at approximately $7,512,486.93. The disclosure for this sale can be found here. In the last three months, insiders sold 15,122 shares of company stock worth $5,969,846. Corporate insiders own 1.69% of the company’s stock.

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Sherwin-Williams 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 (NYSE:SHW)

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