The Sherwin-Williams Company (NYSE:SHW) Shares Sold by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC trimmed its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 14.4% during the fourth quarter, Holdings Channel reports. The firm owned 2,267 shares of the specialty chemicals company’s stock after selling 380 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Sherwin-Williams were worth $771,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of SHW. Midwest Capital Advisors LLC acquired a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $26,000. Lee Danner & Bass Inc. bought a new position in shares of Sherwin-Williams during the fourth quarter worth about $28,000. Sierra Ocean LLC bought a new stake in Sherwin-Williams in the 4th quarter valued at about $36,000. WR Wealth Planners LLC grew its position in Sherwin-Williams by 41.7% in the 4th quarter. WR Wealth Planners LLC now owns 119 shares of the specialty chemicals company’s stock worth $40,000 after purchasing an additional 35 shares during the last quarter. Finally, AlphaMark Advisors LLC bought a new position in Sherwin-Williams in the 4th quarter worth approximately $41,000. Institutional investors own 77.67% of the company’s stock.

Insider Buying and Selling

In other Sherwin-Williams news, insider Colin M. Davie sold 2,799 shares of Sherwin-Williams stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $360.30, for a total transaction of $1,008,479.70. Following the sale, the insider now directly owns 5,365 shares of the company’s stock, valued at approximately $1,933,009.50. The trade was a 34.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.60% of the stock is owned by company insiders.

Sherwin-Williams Stock Down 1.0 %

Shares of Sherwin-Williams stock opened at $331.26 on Friday. The stock has a 50 day moving average price of $342.14 and a two-hundred day moving average price of $357.43. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 2.02. The Sherwin-Williams Company has a 12-month low of $282.09 and a 12-month high of $400.42. The stock has a market capitalization of $83.32 billion, a P/E ratio of 31.40, a PEG ratio of 2.98 and a beta of 1.26.

Sherwin-Williams (NYSE:SHW) last announced its earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.02. Sherwin-Williams had a return on equity of 74.50% and a net margin of 11.61%. During the same quarter in the prior year, the business posted $1.81 earnings per share. Equities analysts expect that The Sherwin-Williams Company will post 12 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be issued a $0.79 dividend. The ex-dividend date is Friday, May 16th. This represents a $3.16 annualized dividend and a yield of 0.95%. Sherwin-Williams’s dividend payout ratio (DPR) is 29.95%.

Wall Street Analyst Weigh In

Several equities analysts have commented on SHW shares. Mizuho set a $395.00 target price on shares of Sherwin-Williams in a research note on Tuesday, April 15th. Wells Fargo & Company cut their target price on Sherwin-Williams from $380.00 to $350.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 9th. Morgan Stanley reduced their price target on shares of Sherwin-Williams from $405.00 to $385.00 and set an “overweight” rating for the company in a research report on Tuesday. Barclays cut their target price on shares of Sherwin-Williams from $385.00 to $355.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 1st. Finally, Robert W. Baird set a $370.00 price target on Sherwin-Williams in a report on Friday, January 31st. Six equities research analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and a consensus target price of $392.00.

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.