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

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

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Sherwin-Williams by 0.9% in the first quarter. Vanguard Group Inc. now owns 21,620,939 shares of the specialty chemicals company’s stock valued at $7,509,601,000 after acquiring an additional 184,979 shares in the last quarter. Capital World Investors boosted its holdings in Sherwin-Williams by 38.9% in the fourth quarter. Capital World Investors now owns 3,840,789 shares of the specialty chemicals company’s stock valued at $1,197,952,000 after acquiring an additional 1,075,351 shares in the last quarter. Capital Research Global Investors boosted its holdings in Sherwin-Williams by 2.3% in the fourth quarter. Capital Research Global Investors now owns 2,536,096 shares of the specialty chemicals company’s stock valued at $791,008,000 after acquiring an additional 56,161 shares in the last quarter. Capital International Investors boosted its holdings in Sherwin-Williams by 10.5% in the first quarter. Capital International Investors now owns 2,302,120 shares of the specialty chemicals company’s stock valued at $799,595,000 after acquiring an additional 219,149 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its holdings in Sherwin-Williams by 2.8% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,820,266 shares of the specialty chemicals company’s stock valued at $567,740,000 after acquiring an additional 49,809 shares in the last quarter. Institutional investors own 77.67% of the company’s stock.

Wall Street Analyst Weigh In

SHW has been the topic of a number of research reports. Robert W. Baird boosted their target price on shares of Sherwin-Williams from $310.00 to $325.00 and gave the company a “neutral” rating in a report on Wednesday, July 24th. The Goldman Sachs Group boosted their target price on shares of Sherwin-Williams from $344.00 to $390.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. Barclays boosted their target price on shares of Sherwin-Williams from $315.00 to $355.00 and gave the company an “equal weight” rating in a report on Wednesday, July 24th. Evercore ISI boosted their target price on shares of Sherwin-Williams from $365.00 to $380.00 and gave the company an “outperform” rating in a report on Friday, August 30th. Finally, KeyCorp boosted their target price on shares of Sherwin-Williams from $400.00 to $410.00 and gave the company an “overweight” rating in a report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $362.68.

Sherwin-Williams Trading Down 0.3 %

Sherwin-Williams stock opened at $378.00 on Wednesday. The business has a 50-day simple moving average of $349.91 and a two-hundred day simple moving average of $327.33. The company has a market cap of $95.84 billion, a P/E ratio of 40.30, a P/E/G ratio of 2.94 and a beta of 1.17. The Sherwin-Williams Company has a 52-week low of $232.06 and a 52-week high of $382.83. The company has a quick ratio of 0.50, a current ratio of 0.81 and a debt-to-equity ratio of 2.17.

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

Sherwin-Williams Announces Dividend

The company 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. The ex-dividend date of this dividend was Friday, August 16th. This represents a $2.86 dividend on an annualized basis and a dividend yield of 0.76%. Sherwin-Williams’s dividend payout ratio is currently 30.49%.

Insider Buying and Selling at Sherwin-Williams

In related news, CFO Allen J. Mistysyn sold 14,520 shares of the business’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $366.83, for a total transaction of $5,326,371.60. Following the completion of the transaction, the chief financial officer now directly owns 63,520 shares in the company, valued at approximately $23,301,041.60. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.60% of the company’s stock.

About Sherwin-Williams

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.