The Sherwin-Williams Company (NYSE:SHW) Stock Holdings Trimmed by Capstone Triton Financial Group LLC

Capstone Triton Financial Group LLC lessened its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 1.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,742 shares of the specialty chemicals company’s stock after selling 45 shares during the period. Capstone Triton Financial Group LLC’s holdings in Sherwin-Williams were worth $1,117,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Waterloo Capital L.P. bought a new position in Sherwin-Williams in the fourth quarter worth about $360,000. Valeo Financial Advisors LLC lifted its holdings in shares of Sherwin-Williams by 7.9% in the 2nd quarter. Valeo Financial Advisors LLC now owns 2,636 shares of the specialty chemicals company’s stock worth $787,000 after purchasing an additional 193 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its position in Sherwin-Williams by 7.2% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 1,533 shares of the specialty chemicals company’s stock valued at $532,000 after purchasing an additional 103 shares during the period. Brevan Howard Capital Management LP grew its stake in Sherwin-Williams by 259.1% during the 4th quarter. Brevan Howard Capital Management LP now owns 6,998 shares of the specialty chemicals company’s stock worth $2,183,000 after buying an additional 5,049 shares during the last quarter. Finally, Transcend Capital Advisors LLC increased its position in Sherwin-Williams by 24.1% in the second quarter. Transcend Capital Advisors LLC now owns 7,805 shares of the specialty chemicals company’s stock worth $2,329,000 after buying an additional 1,514 shares during the period. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Trading Down 0.3 %

Sherwin-Williams stock opened at $378.52 on Friday. The Sherwin-Williams Company has a 1 year low of $232.06 and a 1 year high of $382.83. The firm’s 50 day moving average price is $353.82 and its two-hundred day moving average price is $328.32. The firm has a market cap of $95.49 billion, a price-to-earnings ratio of 40.35, a price-to-earnings-growth ratio of 2.98 and a beta of 1.17. 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 announced its earnings results on Tuesday, July 23rd. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.51 by $0.19. Sherwin-Williams had a return on equity of 75.58% and a net margin of 10.92%. The company had revenue of $6.27 billion for the quarter, compared to analyst estimates of $6.33 billion. During the same period in the previous year, the firm earned $3.29 earnings per share. Sherwin-Williams’s revenue for the quarter was up .5% compared to the same quarter last year. On average, research analysts predict that The Sherwin-Williams Company will post 11.47 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date was Friday, August 16th. Sherwin-Williams’s dividend payout ratio is presently 30.49%.

Insiders Place Their Bets

In other news, CFO Allen J. Mistysyn sold 14,520 shares of the business’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 transaction of $5,326,371.60. Following the sale, the chief financial officer now owns 63,520 shares in the company, valued at $23,301,041.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SHW. BMO Capital Markets reissued an “outperform” rating and set a $400.00 price target (up previously from $386.00) on shares of Sherwin-Williams in a report on Wednesday, September 4th. The Goldman Sachs Group upped their target price on shares of Sherwin-Williams from $344.00 to $390.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Redburn Atlantic raised Sherwin-Williams to a “strong-buy” rating in a report on Thursday, July 18th. Wells Fargo & Company increased their price objective on Sherwin-Williams from $320.00 to $350.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 24th. Finally, Evercore ISI lifted their target price on Sherwin-Williams from $365.00 to $380.00 and gave the company an “outperform” rating in a research note on Friday, August 30th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $362.68.

Sherwin-Williams 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.