Andra AP fonden reduced its stake in Sherwin-Williams Company (The) (NYSE:SHW) by 1.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,000 shares of the specialty chemicals company’s stock after selling 200 shares during the quarter. Andra AP fonden’s holdings in Sherwin-Williams Company (The) were worth $5,013,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. raised its holdings in Sherwin-Williams Company (The) by 3.9% in the 2nd 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 during the period. Principal Financial Group Inc. raised its holdings in Sherwin-Williams Company (The) by 6.1% in the 2nd 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 during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its holdings 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 valued at $145,000 after acquiring an additional 29 shares during the period. Capital Analysts LLC raised its holdings in Sherwin-Williams Company (The) by 7.4% in the 2nd 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 during the period. Finally, Swiss National Bank raised its holdings in Sherwin-Williams Company (The) by 9.6% in the 2nd quarter. Swiss National Bank now owns 306,761 shares of the specialty chemicals company’s stock valued at $107,661,000 after acquiring an additional 26,900 shares during the period. 73.73% of the stock is currently owned by hedge funds and other institutional investors.

SHW has been the topic of several research analyst reports. Northcoast Research reissued a “buy” rating on shares of Sherwin-Williams Company (The) in a report on Wednesday, July 19th. Credit Suisse Group raised shares of Sherwin-Williams Company (The) to a “buy” rating and set a $375.00 price target on the stock in a report on Sunday, July 23rd. J P Morgan Chase & Co began coverage on shares of Sherwin-Williams Company (The) in a report on Monday, July 24th. They set a “neutral” rating and a $365.00 target price on the stock. BidaskClub cut shares of Sherwin-Williams Company (The) from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Finally, UBS AG reaffirmed a “neutral” rating and set a $375.00 target price (up from $359.00) on shares of Sherwin-Williams Company (The) in a report on Wednesday, July 26th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $395.62.

Sherwin-Williams Company (NYSE:SHW) opened at $397.11 on Monday. The company has a current ratio of 1.07, a quick ratio of 0.68 and a debt-to-equity ratio of 3.68. The company has a market cap of $37,135.31, a PE ratio of 28.61, a P/E/G ratio of 2.21 and a beta of 1.22.

Sherwin-Williams Company (The) (NYSE:SHW) last issued its quarterly earnings data on Tuesday, October 24th. The specialty chemicals company reported $4.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ 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 business 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 earned $4.23 earnings per share. The business’s revenue was up 37.4% on a year-over-year basis. equities analysts anticipate that Sherwin-Williams Company will post 15.04 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 17th will be given a $0.85 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $3.40 annualized dividend and a dividend yield of 0.86%. Sherwin-Williams Company (The)’s dividend payout ratio is currently 29.90%.

ILLEGAL ACTIVITY WARNING: This story was originally published by Watch List News and is owned by of Watch List News. If you are viewing this story on another domain, it was illegally copied and republished in violation of US and international copyright and trademark law. The legal version of this story can be accessed at https://www.watchlistnews.com/sherwin-williams-company-the-shw-shares-sold-by-andra-ap-fonden/1683022.html.

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)

Receive News & Ratings for Sherwin-Williams Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sherwin-Williams Company (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.