HighPoint Advisor Group LLC raised its position in Sherwin-Williams Company (The) (NYSE:SHW) by 9.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,065 shares of the specialty chemicals company’s stock after purchasing an additional 425 shares during the period. HighPoint Advisor Group LLC’s holdings in Sherwin-Williams Company (The) were worth $1,986,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Tower Research Capital LLC TRC bought a new stake in Sherwin-Williams Company (The) in the second quarter valued at approximately $100,000. Peddock Capital Advisors LLC bought a new stake in Sherwin-Williams Company (The) in the second quarter valued at approximately $123,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its stake in Sherwin-Williams Company (The) by 7.3% in the second quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 429 shares of the specialty chemicals company’s stock valued at $145,000 after purchasing an additional 29 shares in the last quarter. Parallel Advisors LLC increased its stake in Sherwin-Williams Company (The) by 13.4% in the second quarter. Parallel Advisors LLC now owns 490 shares of the specialty chemicals company’s stock valued at $165,000 after purchasing an additional 58 shares in the last quarter. Finally, Acrospire Investment Management LLC bought a new stake in Sherwin-Williams Company (The) in the second quarter valued at approximately $169,000. 73.17% of the stock is owned by hedge funds and other institutional investors.

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Shares of Sherwin-Williams Company (NYSE:SHW) traded up $0.25 on Tuesday, reaching $389.71. 303,100 shares of the company traded hands, compared to its average volume of 644,044. Sherwin-Williams Company has a fifty-two week low of $260.00 and a fifty-two week high of $398.22. The firm has a market capitalization of $36,419.93, a PE ratio of 28.06, a price-to-earnings-growth ratio of 2.17 and a beta of 1.22. The company has a debt-to-equity ratio of 3.68, a current ratio of 1.07 and a quick ratio of 0.68.

Sherwin-Williams Company (The) (NYSE:SHW) last announced its earnings results on Tuesday, October 24th. The specialty chemicals company reported $4.75 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $4.70 by $0.05. Sherwin-Williams Company (The) had a net margin of 7.82% and a return on equity of 58.02%. The business had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.45 billion. During the same quarter in the prior year, the company posted $4.23 earnings per share. The firm’s revenue was up 37.4% on a year-over-year basis. equities research analysts predict that Sherwin-Williams Company will post 15.04 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Friday, November 17th will be paid a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date is Thursday, November 16th. Sherwin-Williams Company (The)’s dividend payout ratio is currently 29.90%.

SHW has been the subject of several recent analyst reports. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Sherwin-Williams Company (The) in a research note on Wednesday, September 20th. BidaskClub downgraded shares of Sherwin-Williams Company (The) from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Robert W. Baird reissued a “buy” rating and set a $425.00 price objective on shares of Sherwin-Williams Company (The) in a research report on Friday. UBS AG reissued a “neutral” rating and set a $375.00 price objective (up previously from $359.00) on shares of Sherwin-Williams Company (The) in a research report on Wednesday, July 26th. Finally, Zacks Investment Research raised shares of Sherwin-Williams Company (The) from a “hold” rating to a “buy” rating and set a $380.00 price objective for the company in a research report on Wednesday, September 20th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $398.25.

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

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