Crescent Grove Advisors LLC reduced its position in shares of Sherwin-Williams Company (The) (NYSE:SHW) by 57.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,192 shares of the specialty chemicals company’s stock after selling 5,678 shares during the period. Crescent Grove Advisors LLC’s holdings in Sherwin-Williams Company (The) were worth $1,501,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Tower Research Capital LLC TRC bought a new position in Sherwin-Williams Company (The) during the 2nd quarter valued at about $100,000. Peddock Capital Advisors LLC bought a new position in Sherwin-Williams Company (The) during the 2nd quarter valued at about $123,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its holdings in Sherwin-Williams Company (The) by 7.3% during the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 429 shares of the specialty chemicals company’s stock valued at $145,000 after purchasing an additional 29 shares during the last quarter. Acrospire Investment Management LLC bought a new position in Sherwin-Williams Company (The) during the 2nd quarter valued at about $169,000. Finally, Parallel Advisors LLC lifted its holdings in Sherwin-Williams Company (The) by 13.4% during the 2nd quarter. Parallel Advisors LLC now owns 490 shares of the specialty chemicals company’s stock valued at $165,000 after purchasing an additional 58 shares during the last quarter. 73.17% of the stock is owned by hedge funds and other institutional investors.

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Sherwin-Williams Company (NYSE:SHW) traded up $2.43 on Monday, hitting $389.46. 250,000 shares of the company were exchanged, compared to its average volume of 645,608. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.68 and a current ratio of 1.07. The company has a market capitalization of $36,460.00, a P/E ratio of 28.06, a price-to-earnings-growth ratio of 2.17 and a beta of 1.22. Sherwin-Williams Company has a twelve month low of $260.00 and a twelve month high of $398.22.

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

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Friday, November 17th will be paid a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date is Thursday, November 16th. Sherwin-Williams Company (The)’s dividend payout ratio (DPR) is 28.81%.

Several equities analysts recently issued reports on the stock. Citigroup Inc. lifted their price target on shares of Sherwin-Williams Company (The) from $405.00 to $442.00 and gave the company a “buy” rating in a report on Wednesday, October 25th. Robert W. Baird reissued a “buy” rating and set a $425.00 price target on shares of Sherwin-Williams Company (The) in a report on Friday. Wells Fargo & Company reissued a “market perform” rating and set a $400.00 price target (up from $360.00) on shares of Sherwin-Williams Company (The) in a report on Wednesday, October 25th. UBS AG lifted their price target on shares of Sherwin-Williams Company (The) from $375.00 to $395.00 and gave the company a “neutral” rating in a report on Wednesday, October 25th. Finally, Longbow Research reissued a “buy” rating and set a $440.00 price target (up from $400.00) on shares of Sherwin-Williams Company (The) in a report on Monday, October 9th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company. Sherwin-Williams Company (The) currently has an average rating of “Hold” and a consensus price target of $398.25.

About Sherwin-Williams Company (The)

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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