Dividend Assets Capital LLC trimmed its stake in Sherwin-Williams Company (The) (NYSE:SHW) by 0.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 140,516 shares of the specialty chemicals company’s stock after selling 813 shares during the period. Sherwin-Williams Company (The) comprises 2.1% of Dividend Assets Capital LLC’s holdings, making the stock its 18th biggest holding. Dividend Assets Capital LLC owned about 0.15% of Sherwin-Williams Company (The) worth $50,310,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC purchased a new stake in Sherwin-Williams Company (The) in the 2nd quarter valued at about $100,000. Peddock Capital Advisors LLC purchased a new stake in Sherwin-Williams Company (The) in the 2nd quarter valued at about $123,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its position in Sherwin-Williams Company (The) by 7.3% in 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 buying an additional 29 shares during the period. Acrospire Investment Management LLC purchased a new stake in Sherwin-Williams Company (The) in the 2nd quarter valued at about $169,000. Finally, Parallel Advisors LLC boosted its position in Sherwin-Williams Company (The) by 13.4% in the 2nd quarter. Parallel Advisors LLC now owns 490 shares of the specialty chemicals company’s stock valued at $165,000 after buying an additional 58 shares during the period. 73.17% of the stock is owned by institutional investors.

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Several equities research analysts have issued reports on SHW shares. Royal Bank Of Canada reissued a “buy” rating on shares of Sherwin-Williams Company (The) in a research report on Wednesday, September 20th. BidaskClub cut shares of Sherwin-Williams Company (The) from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Robert W. Baird reissued a “buy” rating and issued a $425.00 price objective on shares of Sherwin-Williams Company (The) in a research report on Friday. UBS AG reissued a “neutral” rating and issued a $375.00 price objective (up from $359.00) on shares of Sherwin-Williams Company (The) in a research report on Wednesday, July 26th. Finally, Zacks Investment Research upgraded shares of Sherwin-Williams Company (The) from a “hold” rating to a “buy” rating and set a $380.00 price target for the company in a report on Wednesday, September 20th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $398.25.

Sherwin-Williams Company (SHW) traded up $2.43 during midday trading on Monday, hitting $389.46. 250,000 shares of the company traded hands, 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 cap of $36,460.00, a price-to-earnings ratio of 28.06, a PEG ratio of 2.17 and a beta of 1.22. Sherwin-Williams Company has a 1 year low of $260.00 and a 1 year high of $398.22.

Sherwin-Williams Company (The) (NYSE:SHW) last posted its quarterly earnings data on Tuesday, October 24th. The specialty chemicals company reported $4.75 EPS for the quarter, topping the consensus estimate of $4.70 by $0.05. The firm had revenue of $4.51 billion during the quarter, compared to analyst estimates 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 was up 37.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.23 EPS. analysts anticipate that Sherwin-Williams Company will post 15.04 EPS for the current year.

The company also recently disclosed 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. 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 presently 28.81%.

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

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