Sherwin-Williams Co (NYSE:SHW) SVP Robert J. Wells sold 2,946 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $409.11, for a total transaction of $1,205,238.06. Following the completion of the sale, the senior vice president now directly owns 18,363 shares in the company, valued at approximately $7,512,486.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Sherwin-Williams Co (SHW) traded down $1.38 during trading hours on Wednesday, reaching $405.55. 561,100 shares of the company traded hands, compared to its average volume of 632,085. The stock has a market capitalization of $38,053.62, a PE ratio of 29.32, a P/E/G ratio of 2.27 and a beta of 1.22. Sherwin-Williams Co has a 12 month low of $263.89 and a 12 month high of $410.66. The company has a current ratio of 1.07, a quick ratio of 0.68 and a debt-to-equity ratio of 3.68.

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

The business also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Friday, November 17th will be paid a $0.85 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $3.40 dividend on an annualized basis and a yield of 0.84%. Sherwin-Williams’s dividend payout ratio is presently 29.90%.

Several research firms have recently issued reports on SHW. Royal Bank Of Canada reissued a “buy” rating on shares of Sherwin-Williams in a research report on Wednesday, September 20th. Robert W. Baird reissued a “buy” rating and issued a $375.00 price target on shares of Sherwin-Williams in a research report on Friday, September 29th. Zacks Investment Research lowered shares of Sherwin-Williams from a “hold” rating to a “sell” rating in a research report on Monday, October 2nd. Moffett Nathanson began coverage on shares of Sherwin-Williams in a research report on Monday. They issued a “buy” rating on the stock. Finally, BidaskClub raised shares of Sherwin-Williams from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 23rd. Two equities research 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 has a consensus rating of “Hold” and an average price target of $402.32.

A number of hedge funds have recently added to or reduced their stakes in the business. Alps Advisors Inc. grew its stake in Sherwin-Williams by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 1,544 shares of the specialty chemicals company’s stock worth $542,000 after buying an additional 4 shares in the last quarter. BRYN MAWR TRUST Co lifted its holdings in shares of Sherwin-Williams by 0.7% in the 2nd quarter. BRYN MAWR TRUST Co now owns 1,030 shares of the specialty chemicals company’s stock worth $361,000 after acquiring an additional 7 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Sherwin-Williams by 0.5% in the 2nd quarter. IFP Advisors Inc now owns 1,708 shares of the specialty chemicals company’s stock worth $599,000 after acquiring an additional 9 shares during the last quarter. Legacy Capital Partners Inc. lifted its holdings in shares of Sherwin-Williams by 2.2% in the 2nd quarter. Legacy Capital Partners Inc. now owns 752 shares of the specialty chemicals company’s stock worth $264,000 after acquiring an additional 16 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its holdings in shares of Sherwin-Williams by 0.9% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,032 shares of the specialty chemicals company’s stock worth $1,064,000 after acquiring an additional 28 shares during the last quarter. 75.99% of the stock is owned by institutional investors and hedge funds.

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Sherwin-Williams 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.

Insider Buying and Selling by Quarter for Sherwin-Williams (NYSE:SHW)

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