The Sherwin-Williams Company (NYSE:SHW) Shares Sold by Compass Capital Management Inc.

Compass Capital Management Inc. trimmed its stake in The Sherwin-Williams Company (NYSE:SHW) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 201,674 shares of the specialty chemicals company’s stock after selling 3,590 shares during the period. Sherwin-Williams comprises approximately 4.5% of Compass Capital Management Inc.’s investment portfolio, making the stock its 2nd biggest position. Compass Capital Management Inc. owned approximately 0.08% of Sherwin-Williams worth $62,902,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. OFI Invest Asset Management bought a new position in shares of Sherwin-Williams during the 3rd quarter worth about $25,000. Union Savings Bank bought a new position in shares of Sherwin-Williams during the 3rd quarter worth about $28,000. Lee Financial Co bought a new position in shares of Sherwin-Williams during the 3rd quarter worth about $32,000. BluePath Capital Management LLC bought a new position in shares of Sherwin-Williams during the 3rd quarter worth about $33,000. Finally, McGlone Suttner Wealth Management Inc. bought a new position in shares of Sherwin-Williams during the 4th quarter worth about $35,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, insider Todd D. Rea sold 2,449 shares of the firm’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $313.54, for a total value of $767,859.46. Following the completion of the transaction, the insider now directly owns 9,329 shares of the company’s stock, valued at approximately $2,925,014.66. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, SVP Gregory P. Sofish sold 1,830 shares of Sherwin-Williams stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $320.70, for a total transaction of $586,881.00. Following the completion of the sale, the senior vice president now directly owns 6,329 shares of the company’s stock, valued at approximately $2,029,710.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Todd D. Rea sold 2,449 shares of Sherwin-Williams stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $313.54, for a total transaction of $767,859.46. Following the sale, the insider now directly owns 9,329 shares of the company’s stock, valued at $2,925,014.66. The disclosure for this sale can be found here. Insiders sold a total of 32,050 shares of company stock valued at $10,340,237 in the last three months. Company insiders own 0.60% of the company’s stock.

Sherwin-Williams Stock Performance

Shares of SHW stock traded down $6.48 during trading hours on Tuesday, hitting $299.61. 1,770,597 shares of the company were exchanged, compared to its average volume of 1,474,620. The firm has a fifty day simple moving average of $327.99 and a 200 day simple moving average of $300.22. The company has a current ratio of 0.78, a quick ratio of 0.46 and a debt-to-equity ratio of 2.32. The Sherwin-Williams Company has a 52-week low of $221.76 and a 52-week high of $348.37. The stock has a market capitalization of $76.24 billion, a price-to-earnings ratio of 32.63, a P/E/G ratio of 2.46 and a beta of 1.15.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, April 23rd. The specialty chemicals company reported $2.17 EPS for the quarter, missing the consensus estimate of $2.22 by ($0.05). The business had revenue of $5.37 billion during the quarter, compared to the consensus estimate of $5.50 billion. Sherwin-Williams had a return on equity of 73.74% and a net margin of 10.52%. The firm’s quarterly revenue was down 1.4% on a year-over-year basis. During the same period last year, the business posted $2.04 earnings per share. Research analysts predict that The Sherwin-Williams Company will post 11.43 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Friday, May 17th will be issued a $0.715 dividend. This represents a $2.86 annualized dividend and a yield of 0.95%. The ex-dividend date is Thursday, May 16th. Sherwin-Williams’s payout ratio is 30.49%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on SHW shares. UBS Group raised shares of Sherwin-Williams from a “neutral” rating to a “buy” rating and raised their price target for the company from $312.00 to $402.00 in a research report on Thursday, March 7th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $377.00 price target (down previously from $385.00) on shares of Sherwin-Williams in a research report on Wednesday, April 24th. StockNews.com cut shares of Sherwin-Williams from a “buy” rating to a “hold” rating in a research report on Thursday, April 25th. Evercore ISI dropped their price target on shares of Sherwin-Williams from $385.00 to $380.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 16th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Sherwin-Williams from $317.00 to $315.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $341.39.

Sherwin-Williams Company Profile

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.