Sherwin-Williams Co (NYSE:SHW) Shares Bought by Capital Planning Advisors LLC

Capital Planning Advisors LLC lifted its holdings in Sherwin-Williams Co (NYSE:SHW) by 91.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,532 shares of the specialty chemicals company’s stock after purchasing an additional 732 shares during the period. Capital Planning Advisors LLC’s holdings in Sherwin-Williams were worth $628,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Janney Montgomery Scott LLC lifted its holdings in Sherwin-Williams by 28.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 22,929 shares of the specialty chemicals company’s stock worth $8,209,000 after buying an additional 5,041 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in Sherwin-Williams by 27.6% during the 3rd quarter. Janus Henderson Group PLC now owns 1,332,394 shares of the specialty chemicals company’s stock worth $477,049,000 after buying an additional 288,492 shares in the last quarter. Atlantic Trust Group LLC acquired a new position in Sherwin-Williams during the 3rd quarter worth $87,798,000. Carderock Capital Management Inc. lifted its holdings in Sherwin-Williams by 4.3% during the 3rd quarter. Carderock Capital Management Inc. now owns 6,495 shares of the specialty chemicals company’s stock worth $2,325,000 after buying an additional 270 shares in the last quarter. Finally, Stifel Financial Corp lifted its holdings in Sherwin-Williams by 3.3% during the 3rd quarter. Stifel Financial Corp now owns 77,038 shares of the specialty chemicals company’s stock worth $27,610,000 after buying an additional 2,473 shares in the last quarter. Hedge funds and other institutional investors own 74.61% of the company’s stock.

A number of analysts recently commented on the stock. Credit Suisse Group restated a “hold” rating and issued a $473.00 price objective on shares of Sherwin-Williams in a research report on Wednesday, January 24th. Citigroup increased their price target on shares of Sherwin-Williams to $486.00 and gave the company a “buy” rating in a report on Friday, January 26th. Robert W. Baird reaffirmed a “buy” rating and set a $475.00 target price on shares of Sherwin-Williams in a report on Wednesday, January 10th. Bank of America raised their target price on shares of Sherwin-Williams from $435.00 to $470.00 and gave the stock a “buy” rating in a report on Friday, January 26th. Finally, Royal Bank of Canada reissued a “buy” rating on shares of Sherwin-Williams in a research note on Sunday, January 28th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $436.20.

In related news, SVP Robert J. Wells sold 2,946 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $409.11, for a total transaction of $1,205,238.06. Following the sale, the senior vice president now owns 18,363 shares of the company’s stock, valued at approximately $7,512,486.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert J. Davisson sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $407.11, for a total transaction of $407,110.00. The disclosure for this sale can be found here. Corporate insiders own 1.69% of the company’s stock.

Sherwin-Williams Co (SHW) traded up $1.28 during trading on Thursday, reaching $398.41. 204,884 shares of the company traded hands, compared to its average volume of 689,704. The company has a current ratio of 1.12, a quick ratio of 0.67 and a debt-to-equity ratio of 2.68. The stock has a market capitalization of $37,510.00, a PE ratio of 20.96, a PEG ratio of 1.79 and a beta of 1.17. Sherwin-Williams Co has a 1-year low of $305.70 and a 1-year high of $435.15.

Sherwin-Williams (NYSE:SHW) last released its earnings results on Thursday, January 25th. The specialty chemicals company reported $2.95 earnings per share for the quarter, missing the Zacks’ consensus estimate of $3.18 by ($0.23). The company had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.91 billion. Sherwin-Williams had a net margin of 11.83% and a return on equity of 50.59%. The firm’s revenue was up 43.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.15 earnings per share. equities analysts predict that Sherwin-Williams Co will post 19.1 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Monday, February 26th will be paid a dividend of $0.86 per share. This is a boost from Sherwin-Williams’s previous quarterly dividend of $0.85. This represents a $3.44 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date of this dividend is Friday, February 23rd. Sherwin-Williams’s dividend payout ratio is presently 17.86%.

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Sherwin-Williams 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.

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

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