Toronto Dominion Bank lifted its holdings in shares of Sherwin-Williams Company (The) (NYSE:SHW) by 34.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,097 shares of the specialty chemicals company’s stock after acquiring an additional 9,602 shares during the quarter. Toronto Dominion Bank’s holdings in Sherwin-Williams Company (The) were worth $13,281,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. BlackRock Inc. raised its holdings in shares of Sherwin-Williams Company (The) by 3.9% during the second quarter. BlackRock Inc. now owns 5,472,759 shares of the specialty chemicals company’s stock valued at $1,920,720,000 after acquiring an additional 204,766 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Sherwin-Williams Company (The) by 6.1% during the second quarter. Principal Financial Group Inc. now owns 809,752 shares of the specialty chemicals company’s stock valued at $284,191,000 after acquiring an additional 46,800 shares in the last quarter. Andra AP fonden raised its holdings in shares of Sherwin-Williams Company (The) by 13.6% during the second quarter. Andra AP fonden now owns 14,200 shares of the specialty chemicals company’s stock valued at $4,984,000 after acquiring an additional 1,700 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its holdings in shares of Sherwin-Williams Company (The) by 7.3% during 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 acquiring an additional 29 shares in the last quarter. Finally, Capital Analysts LLC raised its holdings in shares of Sherwin-Williams Company (The) by 7.4% during the second quarter. Capital Analysts LLC now owns 2,823 shares of the specialty chemicals company’s stock valued at $991,000 after acquiring an additional 195 shares in the last quarter. Institutional investors own 73.17% of the company’s stock.

A number of equities analysts have issued reports on the company. Royal Bank Of Canada reiterated a “buy” rating on shares of Sherwin-Williams Company (The) in a report on Wednesday, September 20th. BidaskClub downgraded Sherwin-Williams Company (The) from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Robert W. Baird reiterated a “buy” rating and issued a $425.00 price objective on shares of Sherwin-Williams Company (The) in a report on Friday. UBS AG reiterated a “neutral” rating and issued a $375.00 price objective (up previously from $359.00) on shares of Sherwin-Williams Company (The) in a report on Wednesday, July 26th. Finally, Zacks Investment Research upgraded Sherwin-Williams Company (The) from a “hold” rating to a “buy” rating and set a $380.00 price objective for the company in a report on Wednesday, September 20th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $398.25.

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Sherwin-Williams Company (NYSE:SHW) traded up $0.25 during trading on Tuesday, hitting $389.71. The company had a trading volume of 303,100 shares, compared to its average volume of 644,044. 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 has a 12 month low of $260.00 and a 12 month high of $398.22. The stock has a market capitalization of $36,419.93, a PE ratio of 28.06, a PEG ratio of 2.17 and a beta of 1.22.

Sherwin-Williams Company (The) (NYSE:SHW) last released its quarterly earnings data on Tuesday, October 24th. The specialty chemicals company reported $4.75 EPS for the quarter, beating the consensus estimate of $4.70 by $0.05. Sherwin-Williams Company (The) had a return on equity of 58.02% and a net margin of 7.82%. The company had revenue of $4.51 billion for the quarter, compared to analysts’ expectations of $4.45 billion. During the same period last year, the firm posted $4.23 earnings per share. Sherwin-Williams Company (The)’s revenue was up 37.4% compared to the same quarter last year. research analysts anticipate that Sherwin-Williams Company will post 15.04 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Friday, November 17th will be given a dividend of $0.85 per share. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $3.40 annualized dividend and a dividend yield of 0.87%. Sherwin-Williams Company (The)’s dividend payout ratio (DPR) is presently 29.90%.

About Sherwin-Williams Company (The)

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.

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

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