Dynamic Advisor Solutions LLC lessened its holdings in Sherwin-Williams Co (NYSE:SHW) by 0.2% during the first quarter, HoldingsChannel reports. The firm owned 12,541 shares of the specialty chemicals company’s stock after selling 27 shares during the quarter. Sherwin-Williams accounts for 1.0% of Dynamic Advisor Solutions LLC’s holdings, making the stock its 16th largest position. Dynamic Advisor Solutions LLC’s holdings in Sherwin-Williams were worth $5,402,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. Neuberger Berman Group LLC boosted its holdings in shares of Sherwin-Williams by 2.9% during the 3rd quarter. Neuberger Berman Group LLC now owns 446,292 shares of the specialty chemicals company’s stock valued at $203,160,000 after acquiring an additional 12,747 shares in the last quarter. Carroll Financial Associates Inc. raised its position in Sherwin-Williams by 4.3% during the 4th quarter. Carroll Financial Associates Inc. now owns 657 shares of the specialty chemicals company’s stock worth $260,000 after purchasing an additional 27 shares during the last quarter. Dupont Capital Management Corp raised its position in Sherwin-Williams by 37.1% during the 4th quarter. Dupont Capital Management Corp now owns 18,172 shares of the specialty chemicals company’s stock worth $7,150,000 after purchasing an additional 4,913 shares during the last quarter. CAPROCK Group Inc. raised its position in Sherwin-Williams by 13.5% during the 4th quarter. CAPROCK Group Inc. now owns 1,686 shares of the specialty chemicals company’s stock worth $663,000 after purchasing an additional 201 shares during the last quarter. Finally, Trust Co. of Oklahoma raised its position in Sherwin-Williams by 7.3% during the 4th quarter. Trust Co. of Oklahoma now owns 1,296 shares of the specialty chemicals company’s stock worth $510,000 after purchasing an additional 88 shares during the last quarter. 77.70% of the stock is currently owned by hedge funds and other institutional investors.

In other Sherwin-Williams news, insider Joel D. Baxter sold 7,621 shares of Sherwin-Williams stock in a transaction dated Thursday, February 21st. The stock was sold at an average price of $439.15, for a total transaction of $3,346,762.15. Following the completion of the transaction, the insider now owns 10,308 shares in the company, valued at approximately $4,526,758.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jane M. Cronin sold 1,344 shares of Sherwin-Williams stock in a transaction dated Wednesday, February 20th. The shares were sold at an average price of $441.24, for a total value of $593,026.56. Following the transaction, the senior vice president now owns 4,078 shares of the company’s stock, valued at approximately $1,799,376.72. The disclosure for this sale can be found here. Insiders have sold a total of 11,839 shares of company stock valued at $5,186,817 in the last quarter. Company insiders own 0.50% of the company’s stock.

Several research analysts recently issued reports on the company. Zacks Investment Research lowered Sherwin-Williams from a “hold” rating to a “sell” rating in a research report on Friday, April 5th. KeyCorp raised their target price on Sherwin-Williams from $450.00 to $485.00 and gave the stock an “overweight” rating in a research report on Friday, February 22nd. JPMorgan Chase & Co. lowered Sherwin-Williams from an “overweight” rating to a “neutral” rating and set a $435.00 price objective for the company. in a research report on Friday, March 22nd. They noted that the move was a valuation call. Evercore ISI initiated coverage on Sherwin-Williams in a research report on Wednesday, March 20th. They issued an “outperform” rating and a $495.00 price objective for the company. Finally, Robert W. Baird reissued an “outperform” rating and issued a $480.00 price objective (up from $450.00) on shares of Sherwin-Williams in a research report on Friday, February 1st. One analyst has rated the stock with a sell rating, nine have given a hold rating and fourteen have assigned a buy rating to the company. Sherwin-Williams currently has a consensus rating of “Buy” and an average target price of $464.29.

SHW stock traded down $0.71 during mid-day trading on Wednesday, reaching $443.03. 340,924 shares of the company traded hands, compared to its average volume of 682,869. The company has a market capitalization of $41.63 billion, a P/E ratio of 23.91, a price-to-earnings-growth ratio of 1.74 and a beta of 1.26. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.59 and a current ratio of 1.01. Sherwin-Williams Co has a fifty-two week low of $355.28 and a fifty-two week high of $479.64.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings results on Thursday, January 31st. The specialty chemicals company reported $3.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.02). The company had revenue of $4.06 billion for the quarter, compared to analyst estimates of $4.05 billion. Sherwin-Williams had a net margin of 6.32% and a return on equity of 46.48%. During the same quarter last year, the firm posted $3.16 EPS. As a group, sell-side analysts forecast that Sherwin-Williams Co will post 21.09 earnings per share for the current fiscal year.

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Sherwin-Williams Profile

The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates in three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors and do-it-yourself homeowners.

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

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