Investors sold shares of Sherwin-Williams Company (The) (NYSE:SHW) on strength during trading hours on Monday. $42.66 million flowed into the stock on the tick-up and $79.02 million flowed out of the stock on the tick-down, for a money net flow of $36.36 million out of the stock. Of all equities tracked, Sherwin-Williams Company (The) had the 17th highest net out-flow for the day. Sherwin-Williams Company (The) traded up $0.65 for the day and closed at $329.62

Several research firms recently commented on SHW. UBS AG reissued a “neutral” rating and set a $341.00 target price (up from $312.00) on shares of Sherwin-Williams Company (The) in a research note on Tuesday, June 6th. Credit Suisse Group raised shares of Sherwin-Williams Company (The) to a “buy” rating and set a $375.00 target price for the company in a research note on Sunday, July 23rd. Citigroup Inc. reissued a “buy” rating and set a $410.00 target price on shares of Sherwin-Williams Company (The) in a research note on Friday, June 23rd. BidaskClub downgraded shares of Sherwin-Williams Company (The) from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 1st. Finally, Barclays PLC upped their price target on shares of Sherwin-Williams Company (The) from $310.00 to $335.00 and gave the company an “equal weight” rating in a research report on Monday, April 24th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $360.10.

The company has a market cap of $30.60 billion, a PE ratio of 27.17 and a beta of 1.23. The firm’s 50-day moving average is $344.62 and its 200-day moving average is $329.62.

Sherwin-Williams Company (The) (NYSE:SHW) last announced its quarterly earnings results on Thursday, July 20th. The specialty chemicals company reported $4.52 earnings per share for the quarter, missing the Zacks’ consensus estimate 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 the consensus estimate of $3.83 billion. During the same period in the previous year, the firm posted $4.06 EPS. The business’s quarterly revenue was up 16.0% compared to the same quarter last year. Equities research analysts expect that Sherwin-Williams Company will post $15.00 earnings per share for the current year.

The business also recently declared 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. This represents a $3.40 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Wednesday, August 16th. Sherwin-Williams Company (The)’s payout ratio is currently 28.05%.

Hedge funds have recently made changes to their positions in the company. Tower Research Capital LLC TRC acquired a new stake in shares of Sherwin-Williams Company (The) during the second quarter worth approximately $100,000. American Beacon Advisors Inc. acquired a new stake in shares of Sherwin-Williams Company (The) during the first quarter worth approximately $106,000. Peddock Capital Advisors LLC acquired a new stake in shares of Sherwin-Williams Company (The) during the second quarter worth approximately $123,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its stake in shares of Sherwin-Williams Company (The) by 7.3% in the second quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 429 shares of the specialty chemicals company’s stock worth $145,000 after buying an additional 29 shares in the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of Sherwin-Williams Company (The) by 2.6% in the first quarter. Parallel Advisors LLC now owns 432 shares of the specialty chemicals company’s stock worth $144,000 after buying an additional 11 shares in the last quarter. 72.69% of the stock is currently owned by institutional investors and hedge funds.

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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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