San Francisco Sentry Investment Group CA held its position in Sherwin-Williams Company (The) (NYSE:SHW) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 874 shares of the specialty chemicals company’s stock at the end of the second quarter. San Francisco Sentry Investment Group CA’s holdings in Sherwin-Williams Company (The) were worth $307,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. American Beacon Advisors Inc. purchased a new position in Sherwin-Williams Company (The) in the 1st quarter worth approximately $106,000. Peddock Capital Advisors LLC purchased a new position in Sherwin-Williams Company (The) in the 2nd quarter worth approximately $123,000. Parallel Advisors LLC lifted its stake in Sherwin-Williams Company (The) by 2.6% in the 1st quarter. Parallel Advisors LLC now owns 432 shares of the specialty chemicals company’s stock worth $144,000 after purchasing an additional 11 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its stake in Sherwin-Williams Company (The) by 7.3% in the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 429 shares of the specialty chemicals company’s stock worth $145,000 after purchasing an additional 29 shares in the last quarter. Finally, SRS Capital Advisors Inc. lifted its stake in Sherwin-Williams Company (The) by 23.3% in the 1st quarter. SRS Capital Advisors Inc. now owns 540 shares of the specialty chemicals company’s stock worth $167,000 after purchasing an additional 102 shares in the last quarter. 73.83% of the stock is currently owned by institutional investors and hedge funds.

Sherwin-Williams Company (NYSE:SHW) traded up 1.11% during mid-day trading on Thursday, reaching $378.32. 243,011 shares of the company traded hands. Sherwin-Williams Company has a 52-week low of $239.48 and a 52-week high of $381.00. The stock has a 50-day moving average of $344.98 and a 200 day moving average of $338.24. The stock has a market capitalization of $35.12 billion, a PE ratio of 31.19 and a beta of 1.22.

Sherwin-Williams Company (The) (NYSE:SHW) last issued its earnings results on Thursday, July 20th. The specialty chemicals company reported $4.52 EPS for the quarter, missing the Zacks’ consensus estimate of $4.54 by ($0.02). Sherwin-Williams Company (The) had a net margin of 9.14% and a return on equity of 63.81%. The business had revenue of $3.74 billion during the quarter, compared to analysts’ expectations of $3.83 billion. During the same period in the prior year, the business posted $4.06 EPS. The business’s revenue was up 16.0% on a year-over-year basis. Equities research analysts expect that Sherwin-Williams Company will post $14.76 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 8th. Investors of record on Friday, August 18th were issued a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date was Wednesday, August 16th. Sherwin-Williams Company (The)’s payout ratio is 28.05%.

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A number of research analysts have weighed in on the stock. Credit Suisse Group raised shares of Sherwin-Williams Company (The) to a “buy” rating and set a $375.00 target price on the stock in a research note on Sunday, July 23rd. Citigroup Inc. reaffirmed a “buy” rating and set a $410.00 price target on shares of Sherwin-Williams Company (The) in a research report on Friday, June 23rd. BidaskClub lowered shares of Sherwin-Williams Company (The) from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 1st. Goldman Sachs Group, Inc. (The) assumed coverage on shares of Sherwin-Williams Company (The) in a research report on Thursday, June 8th. They set a “buy” rating and a $403.00 price target on the stock. Finally, Vertical Research reaffirmed a “hold” rating and set a $335.00 price target (up previously from $316.00) on shares of Sherwin-Williams Company (The) in a research report on Monday, June 26th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and thirteen have assigned a buy rating to the stock. Sherwin-Williams Company (The) has an average rating of “Buy” and an average price target of $382.76.

Sherwin-Williams Company (The) 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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Institutional Ownership by Quarter for Sherwin-Williams Company (The) (NYSE:SHW)

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