Corbyn Investment Management Inc. MD reduced its stake in shares of Sherwin-Williams Company (The) (NYSE:SHW) by 1.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,920 shares of the specialty chemicals company’s stock after selling 394 shares during the period. Sherwin-Williams Company (The) accounts for about 2.8% of Corbyn Investment Management Inc. MD’s portfolio, making the stock its 15th largest holding. Corbyn Investment Management Inc. MD’s holdings in Sherwin-Williams Company (The) were worth $8,922,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Xact Kapitalforvaltning AB lifted its holdings in Sherwin-Williams Company (The) by 28.2% in the second quarter. Xact Kapitalforvaltning AB now owns 15,705 shares of the specialty chemicals company’s stock valued at $5,512,000 after acquiring an additional 3,453 shares during the last quarter. Dynamic Advisors Solutions LLC lifted its holdings in Sherwin-Williams Company (The) by 1.2% in the second quarter. Dynamic Advisors Solutions LLC now owns 684 shares of the specialty chemicals company’s stock valued at $240,000 after acquiring an additional 8 shares during the last quarter. Atria Investments LLC raised its position in Sherwin-Williams Company (The) by 28.3% in the second quarter. Atria Investments LLC now owns 5,615 shares of the specialty chemicals company’s stock valued at $1,971,000 after purchasing an additional 1,240 shares during the period. Iberiabank Corp raised its position in Sherwin-Williams Company (The) by 4.1% in the second quarter. Iberiabank Corp now owns 5,993 shares of the specialty chemicals company’s stock valued at $2,103,000 after purchasing an additional 238 shares during the period. Finally, Central Bank & Trust Co. raised its position in Sherwin-Williams Company (The) by 31.1% in the second quarter. Central Bank & Trust Co. now owns 1,540 shares of the specialty chemicals company’s stock valued at $540,000 after purchasing an additional 365 shares during the period. Institutional investors and hedge funds own 73.73% of the company’s stock.

A number of analysts have issued reports on SHW shares. Robert W. Baird reissued a “buy” rating and issued a $375.00 target price on shares of Sherwin-Williams Company (The) in a research report on Friday, September 29th. Zacks Investment Research raised Sherwin-Williams Company (The) from a “hold” rating to a “buy” rating and set a $380.00 target price on the stock in a research report on Wednesday, September 20th. Royal Bank Of Canada reissued a “buy” rating on shares of Sherwin-Williams Company (The) in a research report on Wednesday, September 20th. KeyCorp reissued a “buy” rating and issued a $415.00 target price on shares of Sherwin-Williams Company (The) in a research report on Sunday, September 3rd. Finally, Credit Suisse Group raised Sherwin-Williams Company (The) to a “buy” rating and set a $375.00 target price on the stock in a research report on Sunday, July 23rd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $398.25.

TRADEMARK VIOLATION WARNING: This report was originally reported by Daily Political and is owned by of Daily Political. If you are accessing this report on another website, it was copied illegally and republished in violation of United States & international trademark & copyright legislation. The original version of this report can be viewed at https://www.dailypolitical.com/2017/11/11/corbyn-investment-management-inc-md-sells-394-shares-of-sherwin-williams-company-the-shw.html.

Sherwin-Williams Company (NYSE SHW) traded up $2.43 during midday trading on Friday, reaching $389.46. 250,000 shares of the company’s stock traded hands, compared to its average volume of 645,608. The company has a quick ratio of 0.68, a current ratio of 1.07 and a debt-to-equity ratio of 3.68. Sherwin-Williams Company has a one year low of $260.00 and a one year high of $398.22. The firm has a market capitalization of $36,192.69, a P/E ratio of 27.88, a PEG ratio of 2.16 and a beta of 1.22.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 17th will be paid a dividend of $0.85 per share. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $3.40 annualized dividend and a dividend yield of 0.87%. Sherwin-Williams Company (The)’s dividend payout ratio (DPR) is 29.90%.

Sherwin-Williams Company (The) 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.