Foundations Investment Advisors LLC Has $328,000 Holdings in The Sherwin-Williams Company (NYSE:SHW)

Foundations Investment Advisors LLC grew its position in The Sherwin-Williams Company (NYSE:SHWFree Report) by 18.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,060 shares of the specialty chemicals company’s stock after buying an additional 168 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Sherwin-Williams were worth $328,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Torray Investment Partners LLC lifted its stake in Sherwin-Williams by 0.6% in the 4th quarter. Torray Investment Partners LLC now owns 16,660 shares of the specialty chemicals company’s stock worth $5,196,000 after acquiring an additional 99 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in shares of Sherwin-Williams by 7.1% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 14,179 shares of the specialty chemicals company’s stock worth $4,423,000 after purchasing an additional 939 shares in the last quarter. Altman Advisors Inc. acquired a new stake in shares of Sherwin-Williams during the fourth quarter worth approximately $1,469,000. Vise Technologies Inc. increased its stake in Sherwin-Williams by 43.3% in the 4th quarter. Vise Technologies Inc. now owns 7,501 shares of the specialty chemicals company’s stock valued at $2,340,000 after buying an additional 2,266 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Sherwin-Williams by 5.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 261,178 shares of the specialty chemicals company’s stock valued at $77,510,000 after buying an additional 13,984 shares during the period. 77.67% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, SVP Gregory P. Sofish sold 1,830 shares of the company’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $320.70, for a total transaction of $586,881.00. Following the transaction, the senior vice president now owns 6,329 shares of the company’s stock, valued at $2,029,710.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, SVP Gregory P. Sofish sold 1,830 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $320.70, for a total transaction of $586,881.00. Following the completion of the sale, the senior vice president now directly owns 6,329 shares of the company’s stock, valued at $2,029,710.30. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Todd D. Rea sold 2,449 shares of the firm’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $313.54, for a total transaction of $767,859.46. Following the completion of the transaction, the insider now directly owns 9,329 shares in the company, valued at $2,925,014.66. The disclosure for this sale can be found here. Insiders sold 32,050 shares of company stock worth $10,340,237 in the last quarter. Insiders own 0.60% of the company’s stock.

Sherwin-Williams Trading Down 0.5 %

SHW stock opened at $312.40 on Friday. The business has a fifty day moving average price of $323.55 and a 200 day moving average price of $306.90. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.78 and a quick ratio of 0.46. The Sherwin-Williams Company has a fifty-two week low of $223.28 and a fifty-two week high of $348.37. The stock has a market capitalization of $79.21 billion, a price-to-earnings ratio of 33.30, a P/E/G ratio of 2.51 and a beta of 1.18.

Sherwin-Williams (NYSE:SHWGet Free Report) last issued its quarterly earnings data on Tuesday, April 23rd. The specialty chemicals company reported $2.17 EPS for the quarter, missing analysts’ consensus estimates of $2.22 by ($0.05). Sherwin-Williams had a return on equity of 73.74% and a net margin of 10.52%. The company had revenue of $5.37 billion for the quarter, compared to the consensus estimate of $5.50 billion. During the same period in the prior year, the company earned $2.04 EPS. The firm’s revenue was down 1.4% compared to the same quarter last year. Analysts expect that The Sherwin-Williams Company will post 11.43 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 17th will be issued a $0.715 dividend. This represents a $2.86 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date of this dividend is Thursday, May 16th. Sherwin-Williams’s dividend payout ratio is currently 30.49%.

Analyst Ratings Changes

A number of brokerages have issued reports on SHW. BMO Capital Markets reissued an “outperform” rating and set a $377.00 target price (down previously from $385.00) on shares of Sherwin-Williams in a research note on Wednesday, April 24th. UBS Group raised shares of Sherwin-Williams from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $312.00 to $402.00 in a report on Thursday, March 7th. KeyCorp upgraded shares of Sherwin-Williams from a “sector weight” rating to an “overweight” rating and set a $400.00 target price on the stock in a report on Thursday, April 25th. Robert W. Baird upped their price target on shares of Sherwin-Williams from $300.00 to $310.00 and gave the company a “neutral” rating in a report on Wednesday, April 24th. Finally, Northcoast Research upgraded Sherwin-Williams from a “neutral” rating to a “buy” rating and set a $360.00 price objective on the stock in a research note on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and a consensus price target of $340.56.

View Our Latest Research Report on Sherwin-Williams

Sherwin-Williams Profile

(Free Report)

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.

See Also

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

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