The Sherwin-Williams Company (NYSE:SHW) Stock Position Raised by Linscomb & Williams Inc.

Linscomb & Williams Inc. lifted its stake in shares of The Sherwin-Williams Company (NYSE:SHWGet Rating) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,053 shares of the specialty chemicals company’s stock after acquiring an additional 45 shares during the quarter. Linscomb & Williams Inc.’s holdings in Sherwin-Williams were worth $1,427,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Amplius Wealth Advisors LLC bought a new stake in shares of Sherwin-Williams during the 4th quarter worth $25,000. Concord Wealth Partners boosted its position in shares of Sherwin-Williams by 137.5% in the fourth quarter. Concord Wealth Partners now owns 76 shares of the specialty chemicals company’s stock worth $27,000 after buying an additional 44 shares during the period. Rational Advisors LLC boosted its position in shares of Sherwin-Williams by 126.5% in the fourth quarter. Rational Advisors LLC now owns 77 shares of the specialty chemicals company’s stock worth $27,000 after buying an additional 43 shares during the period. Bell Investment Advisors Inc acquired a new stake in shares of Sherwin-Williams in the third quarter worth $25,000. Finally, Arlington Partners LLC acquired a new stake in shares of Sherwin-Williams in the fourth quarter worth $35,000. 77.35% of the stock is owned by institutional investors and hedge funds.

SHW stock opened at $271.37 on Tuesday. The Sherwin-Williams Company has a twelve month low of $233.32 and a twelve month high of $354.15. The company has a market cap of $70.59 billion, a PE ratio of 39.56, a price-to-earnings-growth ratio of 2.19 and a beta of 1.00. The business’s 50-day simple moving average is $257.71 and its 200 day simple moving average is $292.12. The company has a quick ratio of 0.54, a current ratio of 0.88 and a debt-to-equity ratio of 3.85.

Sherwin-Williams (NYSE:SHWGet Rating) last released its quarterly earnings data on Tuesday, April 26th. The specialty chemicals company reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.07. The company had revenue of $5 billion for the quarter, compared to the consensus estimate of $4.92 billion. Sherwin-Williams had a return on equity of 80.22% and a net margin of 9.00%. The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the business earned $2.06 earnings per share. On average, equities research analysts anticipate that The Sherwin-Williams Company will post 9.48 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 3rd. Shareholders of record on Friday, May 20th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date is Thursday, May 19th. Sherwin-Williams’s payout ratio is 34.99%.

In other news, CFO Allen J. Mistysyn bought 1,000 shares of the business’s stock in a transaction dated Thursday, February 24th. The stock was bought at an average price of $253.91 per share, for a total transaction of $253,910.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John G. Morikis bought 2,000 shares of the business’s stock in a transaction dated Friday, February 25th. The stock was purchased at an average price of $259.55 per share, with a total value of $519,100.00. The disclosure for this purchase can be found here. 0.48% of the stock is currently owned by insiders.

Several analysts have recently commented on the company. Loop Capital raised their target price on Sherwin-Williams from $300.00 to $315.00 in a research report on Wednesday, April 27th. Royal Bank of Canada increased their price objective on Sherwin-Williams from $315.00 to $342.00 in a report on Thursday, April 28th. Wells Fargo & Company cut their price objective on Sherwin-Williams from $315.00 to $275.00 and set an “equal weight” rating for the company in a report on Monday, April 18th. Deutsche Bank Aktiengesellschaft cut their price objective on Sherwin-Williams from $330.00 to $315.00 in a report on Thursday, April 28th. Finally, KeyCorp cut their price objective on Sherwin-Williams from $394.00 to $335.00 and set an “overweight” rating for the company in a report on Monday, January 31st. Eleven analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $323.50.

About Sherwin-Williams (Get Rating)

The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners.

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Institutional Ownership by Quarter for Sherwin-Williams (NYSE:SHW)

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