Montag A & Associates Inc. acquired a new position in Sherwin-Williams Company (The) (NYSE:SHW) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 565 shares of the specialty chemicals company’s stock, valued at approximately $202,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SHW. Tower Research Capital LLC TRC bought a new stake in Sherwin-Williams Company (The) in the 2nd quarter worth about $100,000. Peddock Capital Advisors LLC bought a new stake in Sherwin-Williams Company (The) in the 2nd quarter worth about $123,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its holdings 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 worth $145,000 after buying an additional 29 shares in the last quarter. Parallel Advisors LLC increased its holdings 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 worth $165,000 after buying an additional 58 shares in the last quarter. Finally, Acrospire Investment Management LLC bought a new stake in Sherwin-Williams Company (The) in the 2nd quarter worth about $169,000. Institutional investors own 73.17% of the company’s stock.

SHW has been the subject of a number of recent research reports. Robert W. Baird restated a “buy” rating and set a $425.00 price target on shares of Sherwin-Williams Company (The) in a research note on Friday, November 10th. Citigroup Inc. boosted their price target on Sherwin-Williams Company (The) from $405.00 to $442.00 and gave the company a “buy” rating in a research note on Wednesday, October 25th. UBS AG boosted their price target on Sherwin-Williams Company (The) from $375.00 to $395.00 and gave the company a “neutral” rating in a research note on Wednesday, October 25th. Wells Fargo & Company restated a “market perform” rating and set a $400.00 price target (up from $360.00) on shares of Sherwin-Williams Company (The) in a research note on Wednesday, October 25th. Finally, Zelman & Associates upgraded Sherwin-Williams Company (The) from a “hold” rating to a “buy” rating in a research note on Wednesday, October 18th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $398.25.

Shares of Sherwin-Williams Company (NYSE:SHW) traded down $0.58 during trading on Wednesday, reaching $389.13. The company’s stock had a trading volume of 271,300 shares, compared to its average volume of 642,350. The company has a market cap of $36,443.31, a P/E ratio of 28.08, a PEG ratio of 2.17 and a beta of 1.22. 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 12 month low of $260.00 and a 12 month high of $398.22.

Sherwin-Williams Company (The) (NYSE:SHW) last announced its quarterly earnings data on Tuesday, October 24th. The specialty chemicals company reported $4.75 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $4.70 by $0.05. The company had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.45 billion. Sherwin-Williams Company (The) had a return on equity of 58.02% and a net margin of 7.82%. Sherwin-Williams Company (The)’s quarterly revenue was up 37.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.23 EPS. equities analysts anticipate that Sherwin-Williams Company will post 15.04 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 17th will be given 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 payout ratio is 29.90%.

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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.

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

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