The Sherwin-Williams Company (NYSE:SHW) Position Reduced by Tilia Fiduciary Partners Inc.

Tilia Fiduciary Partners Inc. trimmed its position in The Sherwin-Williams Company (NYSE:SHW) by 1.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,917 shares of the specialty chemicals company’s stock after selling 41 shares during the period. Tilia Fiduciary Partners Inc.’s holdings in Sherwin-Williams were worth $992,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SHW. Griffin Asset Management Inc. boosted its stake in Sherwin-Williams by 0.3% in the 3rd quarter. Griffin Asset Management Inc. now owns 9,296 shares of the specialty chemicals company’s stock valued at $3,548,000 after buying an additional 26 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Sherwin-Williams by 1.8% in the 3rd quarter. Allworth Financial LP now owns 1,560 shares of the specialty chemicals company’s stock valued at $595,000 after purchasing an additional 28 shares in the last quarter. GHP Investment Advisors Inc. grew its holdings in shares of Sherwin-Williams by 47.5% in the 3rd quarter. GHP Investment Advisors Inc. now owns 87 shares of the specialty chemicals company’s stock worth $33,000 after purchasing an additional 28 shares during the last quarter. Capital Advisors Ltd. LLC increased its position in shares of Sherwin-Williams by 2.4% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 1,201 shares of the specialty chemicals company’s stock worth $458,000 after purchasing an additional 28 shares in the last quarter. Finally, First Interstate Bank lifted its holdings in Sherwin-Williams by 1.9% during the 3rd quarter. First Interstate Bank now owns 1,466 shares of the specialty chemicals company’s stock valued at $560,000 after purchasing an additional 28 shares during the last quarter. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SHW has been the subject of several recent analyst reports. StockNews.com lowered shares of Sherwin-Williams from a “buy” rating to a “hold” rating in a report on Thursday, November 28th. UBS Group reaffirmed an “underperform” rating on shares of Sherwin-Williams in a report on Friday, October 18th. Evercore ISI boosted their price objective on Sherwin-Williams from $400.00 to $420.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Robert W. Baird raised their target price on Sherwin-Williams from $350.00 to $360.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Finally, Mizuho reduced their price target on shares of Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating on the stock in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $402.25.

Sherwin-Williams Trading Down 2.3 %

Shares of Sherwin-Williams stock traded down $7.62 during trading on Friday, reaching $329.92. 1,669,010 shares of the company were exchanged, compared to its average volume of 1,656,873. The business has a 50-day moving average price of $367.88 and a 200-day moving average price of $357.46. The firm has a market capitalization of $83.09 billion, a price-to-earnings ratio of 32.86, a P/E/G ratio of 2.94 and a beta of 1.22. The company has a quick ratio of 0.51, a current ratio of 0.83 and a debt-to-equity ratio of 1.97. The Sherwin-Williams Company has a twelve month low of $282.09 and a twelve month high of $400.42.

Sherwin-Williams (NYSE:SHW) last posted its earnings results on Tuesday, October 22nd. The specialty chemicals company reported $3.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.56 by ($0.19). The company had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.20 billion. Sherwin-Williams had a return on equity of 74.45% and a net margin of 11.09%. Sherwin-Williams’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.20 earnings per share. Sell-side analysts anticipate that The Sherwin-Williams Company will post 11.32 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 15th were given a dividend of $0.715 per share. The ex-dividend date was Friday, November 15th. This represents a $2.86 dividend on an annualized basis and a dividend yield of 0.87%. Sherwin-Williams’s dividend payout ratio is 28.49%.

Insider Activity

In other Sherwin-Williams news, SVP Mary L. Garceau sold 15,770 shares of Sherwin-Williams stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $397.92, for a total value of $6,275,198.40. Following the transaction, the senior vice president now owns 29,205 shares of the company’s stock, valued at approximately $11,621,253.60. The trade was a 35.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Gregory P. Sofish sold 2,565 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $378.63, for a total transaction of $971,185.95. Following the sale, the senior vice president now directly owns 6,329 shares of the company’s stock, valued at $2,396,349.27. This represents a 28.84 % decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is owned by company insiders.

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.