One Capital Management LLC Buys 155 Shares of The Sherwin-Williams Company (NYSE:SHW)

One Capital Management LLC boosted its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 4.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,379 shares of the specialty chemicals company’s stock after buying an additional 155 shares during the quarter. One Capital Management LLC’s holdings in Sherwin-Williams were worth $1,008,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. HHM Wealth Advisors LLC boosted its position in Sherwin-Williams by 102.3% during the second quarter. HHM Wealth Advisors LLC now owns 89 shares of the specialty chemicals company’s stock worth $27,000 after purchasing an additional 45 shares during the period. VitalStone Financial LLC boosted its position in Sherwin-Williams by 233.3% during the second quarter. VitalStone Financial LLC now owns 110 shares of the specialty chemicals company’s stock worth $33,000 after purchasing an additional 77 shares during the period. Anfield Capital Management LLC bought a new position in Sherwin-Williams during the second quarter worth about $38,000. Northwest Investment Counselors LLC bought a new position in Sherwin-Williams during the first quarter worth about $47,000. Finally, Rise Advisors LLC boosted its position in Sherwin-Williams by 1,154.5% during the first quarter. Rise Advisors LLC now owns 138 shares of the specialty chemicals company’s stock worth $48,000 after purchasing an additional 127 shares during the period. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Trading Down 0.3 %

SHW stock opened at $378.00 on Wednesday. The company has a market capitalization of $95.84 billion, a PE ratio of 40.30, a price-to-earnings-growth ratio of 2.94 and a beta of 1.17. The Sherwin-Williams Company has a one year low of $232.06 and a one year high of $382.83. The company’s 50 day moving average price is $349.91 and its two-hundred day moving average price is $327.33. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.50 and a current ratio of 0.81.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, July 23rd. The specialty chemicals company reported $3.70 EPS for the quarter, topping the consensus estimate of $3.51 by $0.19. The firm had revenue of $6.27 billion for the quarter, compared to the consensus estimate of $6.33 billion. Sherwin-Williams had a net margin of 10.92% and a return on equity of 75.58%. The business’s revenue was up .5% compared to the same quarter last year. During the same period last year, the firm posted $3.29 earnings per share. As a group, analysts predict that The Sherwin-Williams Company will post 11.47 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Friday, August 16th were paid a dividend of $0.715 per share. This represents a $2.86 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend was Friday, August 16th. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.49%.

Insiders Place Their Bets

In other news, CFO Allen J. Mistysyn sold 14,520 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $366.83, for a total value of $5,326,371.60. Following the transaction, the chief financial officer now owns 63,520 shares in the company, valued at $23,301,041.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley increased their price target on shares of Sherwin-Williams from $338.00 to $375.00 and gave the stock an “overweight” rating in a report on Wednesday, July 24th. Evercore ISI increased their price target on shares of Sherwin-Williams from $365.00 to $380.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Jefferies Financial Group increased their price target on shares of Sherwin-Williams from $392.00 to $415.00 and gave the stock a “buy” rating in a report on Monday, August 26th. Barclays increased their price target on shares of Sherwin-Williams from $315.00 to $355.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 24th. Finally, Redburn Atlantic raised shares of Sherwin-Williams to a “strong-buy” rating in a report on Thursday, July 18th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $362.68.

Sherwin-Williams Company Profile

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.