Sherwin-Williams Co (SHW) Holdings Trimmed by Brinker Capital Inc.

Brinker Capital Inc. decreased its holdings in Sherwin-Williams Co (NYSE:SHW) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,512 shares of the specialty chemicals company’s stock after selling 520 shares during the quarter. Brinker Capital Inc.’s holdings in Sherwin-Williams were worth $5,710,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Vanguard Group Inc. raised its position in Sherwin-Williams by 0.9% in the 3rd quarter. Vanguard Group Inc. now owns 7,104,385 shares of the specialty chemicals company’s stock worth $3,233,988,000 after buying an additional 62,550 shares during the last quarter. Vanguard Group Inc raised its position in Sherwin-Williams by 0.9% in the 3rd quarter. Vanguard Group Inc now owns 7,104,385 shares of the specialty chemicals company’s stock worth $3,233,988,000 after buying an additional 62,550 shares during the last quarter. BlackRock Inc. raised its position in Sherwin-Williams by 0.8% in the 4th quarter. BlackRock Inc. now owns 5,429,226 shares of the specialty chemicals company’s stock worth $2,136,182,000 after buying an additional 42,112 shares during the last quarter. FMR LLC raised its position in Sherwin-Williams by 12.7% in the 3rd quarter. FMR LLC now owns 3,582,597 shares of the specialty chemicals company’s stock worth $1,630,834,000 after buying an additional 402,592 shares during the last quarter. Finally, Capital World Investors raised its position in Sherwin-Williams by 11.5% in the 3rd quarter. Capital World Investors now owns 3,489,339 shares of the specialty chemicals company’s stock worth $1,588,382,000 after buying an additional 359,552 shares during the last quarter. 76.18% of the stock is owned by institutional investors and hedge funds.

SHW has been the subject of several research reports. KeyCorp upped their price target on shares of Sherwin-Williams from $450.00 to $485.00 and gave the company an “overweight” rating in a research report on Friday, February 22nd. Longbow Research initiated coverage on shares of Sherwin-Williams in a research report on Friday, November 30th. They set a “neutral” rating for the company. Citigroup raised shares of Sherwin-Williams from a “neutral” rating to a “buy” rating in a research report on Friday, January 4th. BMO Capital Markets set a $444.00 price target on shares of Sherwin-Williams and gave the company a “hold” rating in a research report on Wednesday, January 23rd. Finally, Robert W. Baird reaffirmed an “outperform” rating and set a $480.00 price target (up previously from $450.00) on shares of Sherwin-Williams in a research report on Friday, February 1st. Nine investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $461.75.

Shares of NYSE:SHW opened at $431.03 on Friday. The company has a market cap of $39.95 billion, a P/E ratio of 23.26, a P/E/G ratio of 1.62 and a beta of 1.27. The company has a quick ratio of 0.59, a current ratio of 1.01 and a debt-to-equity ratio of 2.33. Sherwin-Williams Co has a 12-month low of $355.28 and a 12-month high of $479.64.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Thursday, January 31st. The specialty chemicals company reported $3.54 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $3.56 by ($0.02). The company had revenue of $4.06 billion for the quarter, compared to the consensus estimate of $4.05 billion. Sherwin-Williams had a net margin of 6.32% and a return on equity of 46.48%. During the same quarter last year, the firm posted $3.16 earnings per share. On average, sell-side analysts expect that Sherwin-Williams Co will post 21.23 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Monday, February 25th were paid a dividend of $1.13 per share. The ex-dividend date was Friday, February 22nd. This is an increase from Sherwin-Williams’s previous quarterly dividend of $0.86. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.05%. Sherwin-Williams’s payout ratio is 24.39%.

In related news, insider Joel D. Baxter sold 7,621 shares of the business’s stock in a transaction that occurred on Thursday, February 21st. The stock was sold at an average price of $439.15, for a total transaction of $3,346,762.15. Following the completion of the transaction, the insider now directly owns 10,308 shares in the company, valued at approximately $4,526,758.20. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Jane M. Cronin sold 1,344 shares of the business’s stock in a transaction that occurred on Wednesday, February 20th. The shares were sold at an average price of $441.24, for a total value of $593,026.56. Following the transaction, the senior vice president now owns 4,078 shares of the company’s stock, valued at $1,799,376.72. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,839 shares of company stock valued at $5,186,817. 0.50% of the stock is currently owned by corporate insiders.

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Sherwin-Williams 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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