Sherwin-Williams Company (The) (SHW) Stake Cut by Compass Capital Management Inc.

Compass Capital Management Inc. lowered its stake in Sherwin-Williams Company (The) (NYSE:SHW) by 2.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,253 shares of the specialty chemicals company’s stock after selling 2,021 shares during the period. Sherwin-Williams Company (The) accounts for approximately 4.2% of Compass Capital Management Inc.’s holdings, making the stock its 4th largest position. Compass Capital Management Inc. owned 0.08% of Sherwin-Williams Company (The) worth $25,709,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in Sherwin-Williams Company (The) by 6.2% in the first quarter. Vanguard Group Inc. now owns 6,276,033 shares of the specialty chemicals company’s stock worth $1,946,763,000 after buying an additional 365,675 shares during the period. BlackRock Inc. boosted its position in shares of Sherwin-Williams Company (The) by 1,591.2% in the first quarter. BlackRock Inc. now owns 5,267,993 shares of the specialty chemicals company’s stock worth $1,634,079,000 after buying an additional 4,956,505 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Sherwin-Williams Company (The) by 3.3% in the first quarter. Massachusetts Financial Services Co. MA now owns 4,264,765 shares of the specialty chemicals company’s stock worth $1,322,887,000 after buying an additional 136,991 shares in the last quarter. State Street Corp boosted its position in shares of Sherwin-Williams Company (The) by 1.0% in the first quarter. State Street Corp now owns 3,832,298 shares of the specialty chemicals company’s stock worth $1,188,731,000 after buying an additional 39,010 shares in the last quarter. Finally, FMR LLC boosted its position in shares of Sherwin-Williams Company (The) by 10.9% in the first quarter. FMR LLC now owns 3,433,712 shares of the specialty chemicals company’s stock worth $1,065,103,000 after buying an additional 338,320 shares in the last quarter. 72.69% of the stock is owned by hedge funds and other institutional investors.

Sherwin-Williams Company (SHW) opened at 328.97 on Friday. Sherwin-Williams Company has a 52-week low of $239.48 and a 52-week high of $362.57. The firm has a market capitalization of $30.54 billion, a price-to-earnings ratio of 27.12 and a beta of 1.23. The company’s 50-day moving average price is $344.62 and its 200 day moving average price is $329.62.

Sherwin-Williams Company (The) (NYSE:SHW) last issued its quarterly earnings results on Thursday, July 20th. The specialty chemicals company reported $4.52 EPS for the quarter, missing analysts’ consensus estimates of $4.54 by $0.02. The firm had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.83 billion. Sherwin-Williams Company (The) had a net margin of 9.14% and a return on equity of 63.81%. The business’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter last year, the firm earned $4.06 earnings per share. Equities research analysts predict that Sherwin-Williams Company will post $15.00 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 18th will be issued a $0.85 dividend. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.03%. Sherwin-Williams Company (The)’s dividend payout ratio (DPR) is 28.05%.

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A number of analysts recently commented on SHW shares. BidaskClub cut Sherwin-Williams Company (The) from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 1st. Citigroup Inc. reiterated a “buy” rating and set a $410.00 price objective on shares of Sherwin-Williams Company (The) in a research report on Friday, June 23rd. Longbow Research upgraded Sherwin-Williams Company (The) from a “neutral” rating to a “buy” rating and set a $400.00 price objective for the company in a research report on Tuesday, June 13th. Goldman Sachs Group, Inc. (The) started coverage on Sherwin-Williams Company (The) in a research report on Thursday, June 8th. They set a “buy” rating and a $403.00 price objective for the company. Finally, Zacks Investment Research upgraded Sherwin-Williams Company (The) from a “hold” rating to a “buy” rating and set a $371.00 price objective for the company in a research report on Tuesday, May 23rd. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the company’s stock. Sherwin-Williams Company (The) currently has an average rating of “Hold” and an average target price of $360.10.

Sherwin-Williams Company (The) 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 Company (The) (NYSE:SHW)

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