Rational Advisors LLC acquired a new position in Sherwin-Williams Company (The) (NYSE:SHW) during the second quarter, according to its most recent filing with the SEC. The fund acquired 2,400 shares of the specialty chemicals company’s stock, valued at approximately $842,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. Rockland Trust Co. increased its stake in Sherwin-Williams Company (The) by 1.6% in the first quarter. Rockland Trust Co. now owns 31,600 shares of the specialty chemicals company’s stock worth $9,802,000 after buying an additional 493 shares in the last quarter. Boys Arnold & Co. Inc. increased its stake in Sherwin-Williams Company (The) by 94.2% in the first quarter. Boys Arnold & Co. Inc. now owns 14,624 shares of the specialty chemicals company’s stock worth $4,536,000 after buying an additional 7,092 shares in the last quarter. Quantitative Systematic Strategies LLC increased its stake in Sherwin-Williams Company (The) by 1.8% in the first quarter. Quantitative Systematic Strategies LLC now owns 6,908 shares of the specialty chemicals company’s stock worth $2,143,000 after buying an additional 125 shares in the last quarter. Barometer Capital Management Inc. bought a new stake in Sherwin-Williams Company (The) during the first quarter worth approximately $124,000. Finally, Carderock Capital Management Inc. bought a new stake in Sherwin-Williams Company (The) during the first quarter worth approximately $887,000. 72.92% of the stock is currently owned by hedge funds and other institutional investors.

Sherwin-Williams Company (SHW) opened at 331.88 on Friday. The firm’s 50-day moving average is $348.21 and its 200-day moving average is $328.31. The firm has a market cap of $30.81 billion, a PE ratio of 27.36 and a beta of 1.23. 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 posted 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 net margin of 9.14% and a return on equity of 63.81%. The firm had revenue of $3.74 billion for the quarter, compared to analysts’ expectations of $3.83 billion. During the same period in the prior year, the company posted $4.06 earnings per share. Sherwin-Williams Company (The)’s quarterly revenue was up 16.0% compared to the same quarter last year. Equities analysts expect that Sherwin-Williams Company will post $15.00 earnings per share for the current year.

The company 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 dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date of this dividend is Wednesday, August 16th. Sherwin-Williams Company (The)’s dividend payout ratio is presently 28.05%.

TRADEMARK VIOLATION WARNING: This news story was posted by Daily Political and is the sole property of of Daily Political. If you are viewing this news story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The original version of this news story can be viewed at https://www.dailypolitical.com/2017/08/13/rational-advisors-llc-invests-842000-in-sherwin-williams-company-the-shw.html.

A number of analysts recently commented on the stock. Northcoast Research reissued a “buy” rating on shares of Sherwin-Williams Company (The) in a report on Wednesday, July 19th. Vertical Research reissued a “hold” rating and set a $335.00 price objective (up previously from $316.00) on shares of Sherwin-Williams Company (The) in a report on Monday, June 26th. Citigroup Inc. reissued a “buy” rating and set a $410.00 price objective on shares of Sherwin-Williams Company (The) in a report on Friday, June 23rd. UBS AG reissued a “neutral” rating and set a $375.00 price objective (up previously from $359.00) on shares of Sherwin-Williams Company (The) in a report on Wednesday, July 26th. Finally, Credit Suisse Group raised shares of Sherwin-Williams Company (The) to a “buy” rating and set a $375.00 price objective on the stock in a report on Sunday, July 23rd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The company currently 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 the company’s stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $335.50, for a total transaction of $1,835,185.00. Following the completion of the sale, the insider now directly owns 8,523 shares of the company’s stock, valued at $2,859,466.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.69% of the stock is currently owned by corporate insiders.

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.

Want to see what other hedge funds are holding SHW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sherwin-Williams Company (The) (NYSE:SHW).

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

Receive News & Ratings for Sherwin-Williams Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sherwin-Williams Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.