Harbour Capital Advisors LLC raised its position in shares of Sherwin-Williams Company (The) (NYSE:SHW) by 34,995.8% during the second quarter, according to its most recent filing with the SEC. The firm owned 74,754 shares of the specialty chemicals company’s stock after buying an additional 74,541 shares during the period. Harbour Capital Advisors LLC owned about 0.08% of Sherwin-Williams Company (The) worth $213,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Quadrature Capital Ltd purchased a new position in Sherwin-Williams Company (The) during the fourth quarter worth approximately $218,000. Macquarie Group Ltd. raised its position in Sherwin-Williams Company (The) by 97.7% in the fourth quarter. Macquarie Group Ltd. now owns 27,861 shares of the specialty chemicals company’s stock worth $7,487,000 after buying an additional 13,767 shares during the period. Chevy Chase Trust Holdings Inc. raised its position in Sherwin-Williams Company (The) by 3.8% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 70,180 shares of the specialty chemicals company’s stock worth $21,769,000 after buying an additional 2,583 shares during the period. CENTRAL TRUST Co raised its position in Sherwin-Williams Company (The) by 39.4% in the first quarter. CENTRAL TRUST Co now owns 2,510 shares of the specialty chemicals company’s stock worth $779,000 after buying an additional 710 shares during the period. Finally, Gulf International Bank UK Ltd raised its position in Sherwin-Williams Company (The) by 1.4% in the first quarter. Gulf International Bank UK Ltd now owns 24,536 shares of the specialty chemicals company’s stock worth $7,610,000 after buying an additional 330 shares during the period. 72.92% of the stock is currently owned by institutional investors and hedge funds.

Sherwin-Williams Company (NYSE:SHW) opened at 334.39 on Tuesday. The stock has a market capitalization of $31.05 billion, a price-to-earnings ratio of 27.57 and a beta of 1.23. The company has a 50-day moving average of $352.80 and a 200 day moving average of $326.37. Sherwin-Williams Company has a 12 month low of $239.48 and a 12 month high of $362.57.

Sherwin-Williams Company (The) (NYSE:SHW) last issued its quarterly earnings data on Thursday, July 20th. The specialty chemicals company reported $4.52 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $3.83 billion. During the same period in the previous year, the business earned $4.06 earnings per share. The business’s quarterly revenue was up 16.0% on a year-over-year basis. On average, equities research analysts anticipate that Sherwin-Williams Company will post $15.00 earnings per share for the current fiscal 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 paid a $0.85 dividend. The ex-dividend date is Wednesday, August 16th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.02%. Sherwin-Williams Company (The)’s payout ratio is currently 28.05%.

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SHW has been the subject of a number of recent analyst reports. Credit Suisse Group set a $344.00 price target on shares of Sherwin-Williams Company (The) and gave the company a “buy” rating in a research report on Thursday, April 20th. Citigroup Inc. restated a “buy” rating and set a $410.00 price target on shares of Sherwin-Williams Company (The) in a research report on Friday, June 23rd. Longbow Research upgraded shares of Sherwin-Williams Company (The) from a “neutral” rating to a “buy” rating and set a $400.00 price target for the company in a research report on Tuesday, June 13th. Goldman Sachs Group, Inc. (The) initiated 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 target for the company. Finally, Zacks Investment Research upgraded shares of Sherwin-Williams Company (The) from a “hold” rating to a “buy” rating and set a $371.00 price target for the company in a research report on Tuesday, May 23rd. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have assigned a buy rating to the stock. Sherwin-Williams Company (The) has an average rating of “Hold” and an average target price of $360.10.

In other Sherwin-Williams Company (The) news, insider Joel D. Baxter sold 5,470 shares of Sherwin-Williams Company (The) stock in a transaction on Monday, May 15th. The shares were sold at an average price of $335.50, for a total value of $1,835,185.00. Following the completion of the transaction, the insider now directly owns 8,523 shares of the company’s stock, valued at approximately $2,859,466.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.69% of the company’s stock.

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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