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Sherwin-Williams Company (NYSE:SHW) Director David F. Hodnik unloaded 1,337 shares of Sherwin-Williams Company stock on the open market in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $193.07, for a total value of $258,134.59. Following the sale, the director now directly owns 12,172 shares in the company, valued at approximately $2,350,048. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

SHW has been the subject of a number of recent research reports. Analysts at McLean Capital Management upgraded shares of Sherwin-Williams Company from a “neutral” rating to a “buy” rating in a research note on Friday. Separately, analysts at Barclays cut their price target on shares of Sherwin-Williams Company from $205.00 to $197.00 in a research note on Tuesday, February 11th. They now have an “equal weight” rating on the stock. Finally, analysts at Susquehanna raised their price target on shares of Sherwin-Williams Company from $167.00 to $170.00 in a research note on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have issued a buy rating to the stock. Sherwin-Williams Company currently has a consensus rating of “Buy” and an average target price of $197.21.

Sherwin-Williams Company (NYSE:SHW) opened at 193.59 on Monday. Sherwin-Williams Company has a one year low of $153.94 and a one year high of $198.47. The stock’s 50-day moving average is $188.4 and its 200-day moving average is $182.3. The company has a market cap of $19.263 billion and a price-to-earnings ratio of 26.67.

Sherwin-Williams Company (NYSE:SHW) last announced its earnings results on Friday, January 31st. The company reported $1.16 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.26 by $0.10. The company had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.43 billion. On average, analysts predict that Sherwin-Williams Company will post $8.44 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, March 14th. Investors of record on Monday, March 3rd will be paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Thursday, February 27th. This is an increase from Sherwin-Williams Company’s previous quarterly dividend of $0.50.

The Sherwin-Williams Company (NYSE:SHW) is engaged in the development, manufacture, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America with additional operations in the Caribbean region, Europe and Asia.

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