Traders Sell Sherwin-Williams (SHW) on Strength (SHW)

Traders sold shares of Sherwin-Williams Co (NYSE:SHW) on strength during trading on Friday. $68.99 million flowed into the stock on the tick-up and $160.86 million flowed out of the stock on the tick-down, for a money net flow of $91.87 million out of the stock. Of all companies tracked, Sherwin-Williams had the 0th highest net out-flow for the day. Sherwin-Williams traded up $0.91 for the day and closed at $402.11

Several equities analysts have issued reports on the stock. Zacks Investment Research lowered shares of Sherwin-Williams from a “buy” rating to a “hold” rating in a report on Thursday, April 26th. Royal Bank of Canada dropped their price objective on shares of Sherwin-Williams to $470.00 and set an “outperform” rating on the stock in a report on Thursday, April 26th. Barclays dropped their price objective on shares of Sherwin-Williams from $450.00 to $420.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 25th. Credit Suisse Group set a $457.00 price objective on shares of Sherwin-Williams and gave the company a “buy” rating in a report on Wednesday, May 23rd. Finally, BMO Capital Markets began coverage on shares of Sherwin-Williams in a report on Tuesday, March 27th. They set a “market perform” rating and a $453.00 price objective on the stock. One analyst has rated the stock with a sell rating, nine have given a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $439.65.

The company has a current ratio of 1.13, a quick ratio of 0.67 and a debt-to-equity ratio of 2.68. The stock has a market capitalization of $37.62 billion, a price-to-earnings ratio of 28.18, a PEG ratio of 1.80 and a beta of 1.17.



Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, April 24th. The specialty chemicals company reported $3.57 EPS for the quarter, beating the Zacks’ consensus estimate of $3.16 by $0.41. The company had revenue of $3.97 billion during the quarter, compared to the consensus estimate of $3.94 billion. Sherwin-Williams had a net margin of 11.02% and a return on equity of 48.06%. Sherwin-Williams’s quarterly revenue was up 43.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.27 EPS. research analysts forecast that Sherwin-Williams Co will post 18.71 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 1st. Shareholders of record on Friday, May 18th were issued a $0.86 dividend. The ex-dividend date of this dividend was Thursday, May 17th. This represents a $3.44 dividend on an annualized basis and a yield of 0.86%. Sherwin-Williams’s payout ratio is 24.11%.

Several large investors have recently bought and sold shares of SHW. Candriam Luxembourg S.C.A. boosted its position in shares of Sherwin-Williams by 5.8% during the 4th quarter. Candriam Luxembourg S.C.A. now owns 6,908 shares of the specialty chemicals company’s stock worth $2,833,000 after purchasing an additional 377 shares during the period. Barings LLC purchased a new position in shares of Sherwin-Williams during the 4th quarter worth approximately $1,912,000. The Manufacturers Life Insurance Company boosted its position in shares of Sherwin-Williams by 30.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 192,843 shares of the specialty chemicals company’s stock worth $79,072,000 after purchasing an additional 45,030 shares during the period. Global Financial Private Capital LLC acquired a new stake in Sherwin-Williams during the 4th quarter worth approximately $276,000. Finally, Chartwell Investment Partners LLC lifted its holdings in Sherwin-Williams by 86.0% during the 4th quarter. Chartwell Investment Partners LLC now owns 3,959 shares of the specialty chemicals company’s stock worth $1,623,000 after buying an additional 1,831 shares in the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.

Sherwin-Williams Company Profile

The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean, Europe, Asia, and Australia. The company operates in three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group.

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