Dupont Capital Management Corp Decreases Holdings in Sherwin-Williams Company (The) (SHW)

Dupont Capital Management Corp reduced its stake in Sherwin-Williams Company (The) (NYSE:SHW) by 89.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 507 shares of the specialty chemicals company’s stock after selling 4,125 shares during the period. Dupont Capital Management Corp’s holdings in Sherwin-Williams Company (The) were worth $182,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. increased its holdings in shares of Sherwin-Williams Company (The) by 3.9% in 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 purchasing an additional 204,766 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Sherwin-Williams Company (The) by 6.1% in 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 purchasing an additional 46,800 shares during the last quarter. Andra AP fonden increased its holdings in shares of Sherwin-Williams Company (The) by 13.6% in the second quarter. Andra AP fonden now owns 14,200 shares of the specialty chemicals company’s stock valued at $4,984,000 after purchasing an additional 1,700 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its holdings in shares of Sherwin-Williams Company (The) by 7.3% in 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 purchasing an additional 29 shares during the last quarter. Finally, Capital Analysts LLC increased its holdings in shares of Sherwin-Williams Company (The) by 7.4% in the second quarter. Capital Analysts LLC now owns 2,823 shares of the specialty chemicals company’s stock valued at $991,000 after purchasing an additional 195 shares during the last quarter. Hedge funds and other institutional investors own 73.17% of the company’s stock.

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A number of equities research analysts have recently issued reports on the stock. UBS AG reissued a “neutral” rating and issued a $375.00 target price (up previously from $359.00) on shares of Sherwin-Williams Company (The) in a research report on Wednesday, July 26th. Credit Suisse Group raised shares of Sherwin-Williams Company (The) to a “buy” rating and set a $375.00 target price for the company in a research report on Sunday, July 23rd. Northcoast Research reissued a “buy” rating on shares of Sherwin-Williams Company (The) in a research report on Wednesday, July 19th. Citigroup Inc. boosted their target price on shares of Sherwin-Williams Company (The) from $405.00 to $442.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. Finally, Zacks Investment Research raised shares of Sherwin-Williams Company (The) from a “hold” rating to a “buy” rating and set a $380.00 target price for the company in a research report on Wednesday, September 20th. Two investment 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. Sherwin-Williams Company (The) has an average rating of “Hold” and an average target price of $398.25.

Sherwin-Williams Company (NYSE:SHW) opened at $389.71 on Tuesday. The company has a market cap of $36,419.93, a PE ratio of 28.06, a PEG ratio of 2.17 and a beta of 1.22. The company has a quick ratio of 0.68, a current ratio of 1.07 and a debt-to-equity ratio of 3.68. Sherwin-Williams Company has a fifty-two week low of $260.00 and a fifty-two week high of $398.22.

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

The business also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 17th will be issued a $0.85 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.87%. Sherwin-Williams Company (The)’s dividend payout ratio (DPR) is currently 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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