Rothschild Investment LLC Acquires 386 Shares of The Sherwin-Williams Company (NYSE:SHW)

Rothschild Investment LLC boosted its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 18.1% during the fourth quarter, Holdings Channel reports. The firm owned 2,521 shares of the specialty chemicals company’s stock after acquiring an additional 386 shares during the quarter. Rothschild Investment LLC’s holdings in Sherwin-Williams were worth $857,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SHW. Merit Financial Group LLC increased its stake in shares of Sherwin-Williams by 80.0% during the fourth quarter. Merit Financial Group LLC now owns 1,177 shares of the specialty chemicals company’s stock valued at $400,000 after buying an additional 523 shares during the period. Nations Financial Group Inc. IA ADV boosted its holdings in Sherwin-Williams by 13.0% in the third quarter. Nations Financial Group Inc. IA ADV now owns 1,818 shares of the specialty chemicals company’s stock valued at $694,000 after acquiring an additional 209 shares in the last quarter. Park Avenue Securities LLC increased its position in Sherwin-Williams by 52.6% during the 4th quarter. Park Avenue Securities LLC now owns 6,680 shares of the specialty chemicals company’s stock valued at $2,271,000 after purchasing an additional 2,303 shares during the period. Kerusso Capital Management LLC raised its holdings in Sherwin-Williams by 75.9% in the 4th quarter. Kerusso Capital Management LLC now owns 10,290 shares of the specialty chemicals company’s stock worth $3,498,000 after purchasing an additional 4,439 shares in the last quarter. Finally, Burney Co. lifted its position in shares of Sherwin-Williams by 4.6% in the 4th quarter. Burney Co. now owns 17,272 shares of the specialty chemicals company’s stock worth $5,871,000 after purchasing an additional 766 shares during the period. Institutional investors own 77.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SHW. Morgan Stanley reduced their price target on shares of Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. Royal Bank of Canada reduced their target price on Sherwin-Williams from $438.00 to $415.00 and set an “outperform” rating on the stock in a report on Monday, February 3rd. Zelman & Associates upgraded Sherwin-Williams to a “strong-buy” rating in a research note on Friday, January 17th. Berenberg Bank raised Sherwin-Williams from a “hold” rating to a “buy” rating and upped their price target for the stock from $321.00 to $420.00 in a research note on Friday, January 24th. Finally, Robert W. Baird set a $370.00 price objective on Sherwin-Williams in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, six have given a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Sherwin-Williams currently has an average rating of “Moderate Buy” and a consensus price target of $400.59.

Sherwin-Williams Stock Down 0.2 %

Shares of Sherwin-Williams stock opened at $343.97 on Tuesday. The company has a 50-day simple moving average of $350.62 and a two-hundred day simple moving average of $365.57. The stock has a market capitalization of $86.46 billion, a PE ratio of 32.60, a price-to-earnings-growth ratio of 2.98 and a beta of 1.22. The Sherwin-Williams Company has a 52-week low of $282.09 and a 52-week high of $400.42. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.46 and a current ratio of 0.79.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.02. Sherwin-Williams had a net margin of 11.61% and a return on equity of 74.50%. During the same quarter in the prior year, the company earned $1.81 earnings per share. On average, analysts anticipate that The Sherwin-Williams Company will post 12 EPS for the current fiscal year.

Sherwin-Williams Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.79 per share. This is an increase from Sherwin-Williams’s previous quarterly dividend of $0.72. This represents a $3.16 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date of this dividend is Monday, March 3rd. Sherwin-Williams’s dividend payout ratio is presently 29.95%.

Sherwin-Williams Profile

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.