Sherwin-Williams Co (NYSE:SHW) – Research analysts at KeyCorp issued their Q1 2018 EPS estimates for shares of Sherwin-Williams in a research note issued to investors on Tuesday. KeyCorp analyst M. Sison anticipates that the specialty chemicals company will post earnings per share of $3.24 for the quarter. KeyCorp has a “Overweight” rating and a $465.00 price objective on the stock. KeyCorp also issued estimates for Sherwin-Williams’ Q2 2018 earnings at $5.50 EPS, Q3 2018 earnings at $5.75 EPS and Q4 2018 earnings at $3.76 EPS.

Sherwin-Williams (NYSE:SHW) last released its earnings results on Tuesday, October 24th. The specialty chemicals company reported $4.75 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $4.70 by $0.05. Sherwin-Williams had a return on equity of 58.02% and a net margin of 7.82%. The firm had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.45 billion. During the same period in the prior year, the business posted $4.23 earnings per share. The firm’s revenue for the quarter was up 37.4% compared to the same quarter last year.

Other equities analysts also recently issued reports about the company. Robert W. Baird reiterated a “buy” rating and set a $375.00 target price on shares of Sherwin-Williams in a research report on Friday, September 29th. Zelman & Associates upgraded Sherwin-Williams from a “hold” rating to a “buy” rating in a research report on Wednesday, October 18th. Longbow Research reiterated a “buy” rating and set a $440.00 target price (up from $400.00) on shares of Sherwin-Williams in a research report on Monday, October 9th. Northcoast Research reiterated a “buy” rating and set a $435.00 target price (up from $375.00) on shares of Sherwin-Williams in a research report on Friday, October 6th. Finally, Bank of America upgraded Sherwin-Williams from an “underperform” rating to a “buy” rating and raised their price objective for the stock from $325.00 to $435.00 in a report on Thursday, October 5th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. Sherwin-Williams currently has an average rating of “Buy” and a consensus target price of $417.39.

Sherwin-Williams (NYSE:SHW) opened at $430.80 on Thursday. Sherwin-Williams has a 12-month low of $280.14 and a 12-month high of $435.15. The firm has a market capitalization of $40,282.05, a PE ratio of 37.89, a P/E/G ratio of 1.97 and a beta of 1.22. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.68 and a current ratio of 1.07.

In other news, insider Robert J. Davisson sold 1,000 shares of the stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $407.11, for a total value of $407,110.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Robert J. Wells sold 2,946 shares of the stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $409.11, for a total value of $1,205,238.06. Following the completion of the sale, the senior vice president now owns 18,363 shares of the company’s stock, valued at approximately $7,512,486.93. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,122 shares of company stock worth $5,969,846. Company insiders own 1.69% of the company’s stock.

Hedge funds have recently bought and sold shares of the company. Janney Montgomery Scott LLC grew its stake in shares of Sherwin-Williams by 28.2% in the third quarter. Janney Montgomery Scott LLC now owns 22,929 shares of the specialty chemicals company’s stock valued at $8,209,000 after buying an additional 5,041 shares in the last quarter. Janus Henderson Group PLC grew its stake in shares of Sherwin-Williams by 27.6% in the third quarter. Janus Henderson Group PLC now owns 1,332,394 shares of the specialty chemicals company’s stock valued at $477,049,000 after buying an additional 288,492 shares in the last quarter. Atlantic Trust Group LLC acquired a new stake in shares of Sherwin-Williams in the third quarter valued at about $87,798,000. Carderock Capital Management Inc. grew its stake in shares of Sherwin-Williams by 4.3% in the third quarter. Carderock Capital Management Inc. now owns 6,495 shares of the specialty chemicals company’s stock valued at $2,325,000 after buying an additional 270 shares in the last quarter. Finally, Stifel Financial Corp grew its stake in shares of Sherwin-Williams by 3.3% in the third quarter. Stifel Financial Corp now owns 77,038 shares of the specialty chemicals company’s stock valued at $27,610,000 after buying an additional 2,473 shares in the last quarter. Institutional investors and hedge funds own 75.62% of the company’s stock.

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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.

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