Sherwin-Williams Company (The) (SHW) Position Lifted by Frontier Capital Management Co. LLC

Frontier Capital Management Co. LLC increased its holdings in Sherwin-Williams Company (The) (NYSE:SHW) by 1.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 167,574 shares of the specialty chemicals company’s stock after acquiring an additional 2,235 shares during the quarter. Frontier Capital Management Co. LLC owned approximately 0.18% of Sherwin-Williams Company (The) worth $59,998,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in shares of Sherwin-Williams Company (The) by 5.0% in the second quarter. Vanguard Group Inc. now owns 6,591,936 shares of the specialty chemicals company’s stock worth $2,313,506,000 after acquiring an additional 315,903 shares in the last quarter. BlackRock Inc. lifted its stake 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 worth $1,920,720,000 after acquiring an additional 204,766 shares in the last quarter. FMR LLC lifted its stake in shares of Sherwin-Williams Company (The) by 18.1% in the second quarter. FMR LLC now owns 4,054,902 shares of the specialty chemicals company’s stock worth $1,423,109,000 after acquiring an additional 621,190 shares in the last quarter. Fiera Capital Corp lifted its stake in shares of Sherwin-Williams Company (The) by 11.3% in the second quarter. Fiera Capital Corp now owns 1,282,221 shares of the specialty chemicals company’s stock worth $450,009,000 after acquiring an additional 130,002 shares in the last quarter. Finally, Janus Henderson Group PLC increased its holdings in Sherwin-Williams Company (The) by 10,157.5% in the second quarter. Janus Henderson Group PLC now owns 1,043,902 shares of the specialty chemicals company’s stock valued at $366,368,000 after buying an additional 1,033,725 shares during the last quarter. Institutional investors and hedge funds own 73.88% of the company’s stock.

Sherwin-Williams Company (SHW) opened at $397.11 on Friday. The firm has a market cap of $37,135.34, a P/E ratio of 28.61, a P/E/G ratio of 2.21 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 (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, topping the Thomson Reuters’ consensus estimate of $4.70 by $0.05. The business had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.45 billion. Sherwin-Williams Company (The) had a return on equity of 58.02% and a net margin of 7.82%. The business’s revenue was up 37.4% on a year-over-year basis. During the same period in the previous year, the firm posted $4.23 earnings per share. sell-side analysts predict that Sherwin-Williams Company will post 15.04 EPS for the current fiscal year.

The firm 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 dividend of $0.85 per share. 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 presently 29.90%.

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Several brokerages recently weighed in on SHW. BidaskClub lowered Sherwin-Williams Company (The) from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Royal Bank Of Canada reissued a “buy” rating on shares of Sherwin-Williams Company (The) in a report on Wednesday, September 20th. Robert W. Baird reissued a “buy” rating and issued a $375.00 price objective on shares of Sherwin-Williams Company (The) in a report on Friday, September 29th. Wells Fargo & Company reissued a “market perform” rating and issued a $400.00 price objective (up from $360.00) on shares of Sherwin-Williams Company (The) in a report on Wednesday, October 25th. Finally, Zacks Investment Research lowered Sherwin-Williams Company (The) from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company’s stock. Sherwin-Williams Company (The) currently has an average rating of “Buy” and an average target price of $395.62.

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.

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

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