Janus Henderson Group PLC lowered its position in shares of Sherwin-Williams Co (NYSE:SHW) by 1.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,339,271 shares of the specialty chemicals company’s stock after selling 24,976 shares during the quarter. Janus Henderson Group PLC owned 1.43% of Sherwin-Williams worth $609,646,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of SHW. LFA Lugano Financial Advisors SA purchased a new position in shares of Sherwin-Williams in the third quarter worth $112,000. Rational Advisors LLC lifted its holdings in shares of Sherwin-Williams by 1,180.0% in the third quarter. Rational Advisors LLC now owns 256 shares of the specialty chemicals company’s stock worth $117,000 after buying an additional 236 shares in the last quarter. Fort L.P. purchased a new position in shares of Sherwin-Williams in the second quarter worth $124,000. CWM LLC lifted its holdings in shares of Sherwin-Williams by 115.4% in the third quarter. CWM LLC now owns 280 shares of the specialty chemicals company’s stock worth $127,000 after buying an additional 150 shares in the last quarter. Finally, Valeo Financial Advisors LLC lifted its holdings in shares of Sherwin-Williams by 168.6% in the second quarter. Valeo Financial Advisors LLC now owns 325 shares of the specialty chemicals company’s stock worth $142,000 after buying an additional 204 shares in the last quarter. 77.13% of the stock is currently owned by institutional investors and hedge funds.

In other Sherwin-Williams news, Director John M. Stropki purchased 675 shares of Sherwin-Williams stock in a transaction that occurred on Monday, October 29th. The shares were bought at an average price of $375.00 per share, for a total transaction of $253,125.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Thomas P. Gilligan sold 5,080 shares of the business’s stock in a transaction on Tuesday, August 28th. The stock was sold at an average price of $458.04, for a total transaction of $2,326,843.20. Following the completion of the sale, the senior vice president now owns 7,043 shares in the company, valued at approximately $3,225,975.72. The disclosure for this sale can be found here. Insiders own 0.78% of the company’s stock.

Several equities analysts have recently commented on SHW shares. ValuEngine downgraded shares of Sherwin-Williams from a “buy” rating to a “hold” rating in a report on Wednesday, October 3rd. Credit Suisse Group set a $500.00 target price on shares of Sherwin-Williams and gave the stock a “buy” rating in a report on Monday, October 15th. Zacks Investment Research raised shares of Sherwin-Williams from a “hold” rating to a “buy” rating and set a $456.00 target price on the stock in a report on Tuesday, October 16th. Jefferies Financial Group reissued a “hold” rating and issued a $465.00 target price on shares of Sherwin-Williams in a report on Wednesday, July 25th. Finally, Bank of America boosted their target price on shares of Sherwin-Williams from $470.00 to $500.00 and gave the stock a “buy” rating in a report on Wednesday, July 25th. Ten research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $467.40.

Shares of SHW opened at $415.26 on Tuesday. Sherwin-Williams Co has a fifty-two week low of $355.28 and a fifty-two week high of $479.64. The firm has a market capitalization of $39.69 billion, a P/E ratio of 23.65, a price-to-earnings-growth ratio of 1.73 and a beta of 1.34. The company has a current ratio of 1.04, a quick ratio of 0.66 and a debt-to-equity ratio of 2.19.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Thursday, October 25th. The specialty chemicals company reported $5.68 earnings per share for the quarter, missing the consensus estimate of $5.71 by ($0.03). Sherwin-Williams had a return on equity of 45.22% and a net margin of 10.92%. The business had revenue of $4.73 billion during the quarter, compared to the consensus estimate of $4.78 billion. As a group, analysts anticipate that Sherwin-Williams Co will post 19.12 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 7th. Investors of record on Friday, November 16th will be given a $0.86 dividend. This represents a $3.44 annualized dividend and a yield of 0.83%. The ex-dividend date is Thursday, November 15th. Sherwin-Williams’s dividend payout ratio is presently 24.11%.

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Sherwin-Williams Company Profile

The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean, Europe, Asia, and Australia. The company operates in three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group.

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

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