Virtu KCG Holdings LLC raised its holdings in shares of Sherwin-Williams Company (The) (NYSE:SHW) by 29.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,920 shares of the specialty chemicals company’s stock after purchasing an additional 2,689 shares during the period. Virtu KCG Holdings LLC’s holdings in Sherwin-Williams Company (The) were worth $4,183,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SHW. First Trust Advisors LP increased its position in shares of Sherwin-Williams Company (The) by 46.1% during the first quarter. First Trust Advisors LP now owns 22,912 shares of the specialty chemicals company’s stock worth $7,107,000 after purchasing an additional 7,226 shares in the last quarter. Toronto Dominion Bank increased its position in shares of Sherwin-Williams Company (The) by 57.3% during the first quarter. Toronto Dominion Bank now owns 21,892 shares of the specialty chemicals company’s stock worth $6,789,000 after purchasing an additional 7,975 shares in the last quarter. Sawtooth Solutions LLC increased its position in shares of Sherwin-Williams Company (The) by 12.0% during the first quarter. Sawtooth Solutions LLC now owns 3,425 shares of the specialty chemicals company’s stock worth $1,062,000 after purchasing an additional 368 shares in the last quarter. Pioneer Investment Management Inc. increased its position in shares of Sherwin-Williams Company (The) by 82.8% during the first quarter. Pioneer Investment Management Inc. now owns 244,269 shares of the specialty chemicals company’s stock worth $75,770,000 after purchasing an additional 110,674 shares in the last quarter. Finally, Zweig DiMenna Associates LLC acquired a new position in shares of Sherwin-Williams Company (The) during the first quarter worth $22,677,000. 73.82% of the stock is currently owned by institutional investors and hedge funds.

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A number of equities analysts have recently issued reports on the company. UBS AG reaffirmed a “neutral” rating and set a $341.00 price target (up from $312.00) on shares of Sherwin-Williams Company (The) in a research report on Tuesday, June 6th. BidaskClub downgraded Sherwin-Williams Company (The) from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Royal Bank Of Canada reissued a “buy” rating on shares of Sherwin-Williams Company (The) in a report on Wednesday. Zacks Investment Research raised shares of Sherwin-Williams Company (The) from a “hold” rating to a “buy” rating and set a $380.00 price objective on the stock in a report on Wednesday. Finally, Vertical Research reissued a “hold” rating and set a $335.00 price objective (up from $316.00) on shares of Sherwin-Williams Company (The) in a report on Monday, June 26th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the company. Sherwin-Williams Company (The) currently has a consensus rating of “Buy” and an average target price of $364.46.

Sherwin-Williams Company (SHW) traded up 0.04% during midday trading on Friday, reaching $349.76. 570,171 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $338.02 and its 200-day moving average price is $334.83. Sherwin-Williams Company has a 1-year low of $239.48 and a 1-year high of $362.57. The company has a market capitalization of $32.47 billion, a PE ratio of 28.83 and a beta of 1.22.

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). The business had revenue of $3.74 billion during the quarter, compared to analyst estimates of $3.83 billion. Sherwin-Williams Company (The) had a net margin of 9.14% and a return on equity of 63.81%. The company’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.06 earnings per share. Equities analysts expect that Sherwin-Williams Company will post $14.98 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Shareholders of record on Friday, August 18th were paid a $0.85 dividend. The ex-dividend date was Wednesday, August 16th. This represents a $3.40 dividend on an annualized basis and a yield of 0.97%. Sherwin-Williams Company (The)’s dividend payout ratio is presently 28.05%.

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.

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

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