Capital Advisors Ltd. LLC Acquires 28 Shares of The Sherwin-Williams Company (NYSE:SHW)

Capital Advisors Ltd. LLC grew its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 2.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,201 shares of the specialty chemicals company’s stock after acquiring an additional 28 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Sherwin-Williams were worth $458,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Sherwin-Williams by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 21,620,939 shares of the specialty chemicals company’s stock worth $7,509,601,000 after buying an additional 184,979 shares during the last quarter. Capital International Investors increased its stake in Sherwin-Williams by 10.5% in the first quarter. Capital International Investors now owns 2,302,120 shares of the specialty chemicals company’s stock valued at $799,595,000 after acquiring an additional 219,149 shares during the last quarter. Legal & General Group Plc raised its position in Sherwin-Williams by 2.9% during the second quarter. Legal & General Group Plc now owns 1,921,846 shares of the specialty chemicals company’s stock valued at $573,538,000 after purchasing an additional 53,487 shares in the last quarter. PineStone Asset Management Inc. lifted its stake in Sherwin-Williams by 132.8% during the second quarter. PineStone Asset Management Inc. now owns 1,609,392 shares of the specialty chemicals company’s stock worth $480,291,000 after purchasing an additional 917,979 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. boosted its holdings in shares of Sherwin-Williams by 18.5% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,524,367 shares of the specialty chemicals company’s stock worth $454,917,000 after purchasing an additional 238,031 shares in the last quarter. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Trading Down 0.7 %

Shares of SHW opened at $359.04 on Friday. The Sherwin-Williams Company has a 1-year low of $232.06 and a 1-year high of $392.57. The firm has a market capitalization of $91.03 billion, a price-to-earnings ratio of 38.28, a PEG ratio of 2.87 and a beta of 1.17. The firm’s 50-day moving average price is $372.00 and its 200-day moving average price is $335.02. The company has a current ratio of 0.83, a quick ratio of 0.50 and a debt-to-equity ratio of 1.97.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings data on Tuesday, October 22nd. The specialty chemicals company reported $3.37 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.19). Sherwin-Williams had a net margin of 11.09% and a return on equity of 74.45%. The firm had revenue of $6.16 billion for the quarter, compared to the consensus estimate of $6.20 billion. During the same period in the previous year, the firm posted $3.20 earnings per share. The business’s revenue was up .7% compared to the same quarter last year. Sell-side analysts anticipate that The Sherwin-Williams Company will post 11.31 EPS for the current year.

Sherwin-Williams Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be issued a $0.715 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.86 dividend on an annualized basis and a yield of 0.80%. Sherwin-Williams’s dividend payout ratio (DPR) is 30.49%.

Insider Buying and Selling at Sherwin-Williams

In related news, CFO Allen J. Mistysyn sold 14,520 shares of the stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $366.83, for a total value of $5,326,371.60. Following the completion of the transaction, the chief financial officer now directly owns 63,520 shares in the company, valued at $23,301,041.60. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on SHW shares. UBS Group reissued an “underperform” rating on shares of Sherwin-Williams in a report on Friday, October 18th. Jefferies Financial Group boosted their price objective on shares of Sherwin-Williams from $392.00 to $415.00 and gave the stock a “buy” rating in a report on Monday, August 26th. Morgan Stanley increased their target price on shares of Sherwin-Williams from $375.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, October 18th. The Goldman Sachs Group boosted their price target on shares of Sherwin-Williams from $344.00 to $390.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Finally, Citigroup reduced their price objective on Sherwin-Williams from $430.00 to $420.00 and set a “buy” rating on the stock in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $395.29.

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.