Rothschild Investment LLC grew its stake in shares of The Sherwin-Williams Company (NYSE:SHW – Free Report) by 18.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,521 shares of the specialty chemicals company’s stock after acquiring an additional 386 shares during the period. Rothschild Investment LLC’s holdings in Sherwin-Williams were worth $857,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Valued Wealth Advisors LLC boosted its stake in Sherwin-Williams by 88.9% in the 3rd quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company’s stock worth $26,000 after purchasing an additional 32 shares during the period. Midwest Capital Advisors LLC purchased a new stake in shares of Sherwin-Williams in the fourth quarter worth about $26,000. First Personal Financial Services bought a new position in shares of Sherwin-Williams in the third quarter valued at approximately $29,000. FSA Wealth Management LLC purchased a new position in Sherwin-Williams during the third quarter valued at approximately $32,000. Finally, GHP Investment Advisors Inc. increased its holdings in Sherwin-Williams by 47.5% during the 3rd quarter. GHP Investment Advisors Inc. now owns 87 shares of the specialty chemicals company’s stock worth $33,000 after acquiring an additional 28 shares during the period. 77.67% of the stock is owned by institutional investors.
Sherwin-Williams Stock Performance
Sherwin-Williams stock opened at $343.97 on Tuesday. The firm has a fifty day simple moving average of $350.62 and a two-hundred day simple moving average of $365.57. The Sherwin-Williams Company has a twelve month low of $282.09 and a twelve month high of $400.42. The company has a market capitalization of $86.46 billion, a PE ratio of 32.60, a P/E/G ratio of 2.98 and a beta of 1.22. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 2.02.
Sherwin-Williams Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, March 3rd will be issued a $0.79 dividend. This is a boost from Sherwin-Williams’s previous quarterly dividend of $0.72. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $3.16 annualized dividend and a dividend yield of 0.92%. Sherwin-Williams’s dividend payout ratio (DPR) is currently 29.95%.
Analyst Upgrades and Downgrades
SHW has been the subject of several analyst reports. Robert W. Baird set a $370.00 price target on shares of Sherwin-Williams in a report on Friday, January 31st. Morgan Stanley lowered their price objective on Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. StockNews.com lowered Sherwin-Williams from a “buy” rating to a “hold” rating in a research note on Thursday, November 28th. Evercore ISI lifted their price target on Sherwin-Williams from $400.00 to $420.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Finally, Mizuho cut their price objective on Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $400.59.
Read Our Latest Stock Analysis on Sherwin-Williams
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.
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