Dupont Capital Management Corp Has $8.58 Million Position in The Sherwin-Williams Company (NYSE:SHW)

Dupont Capital Management Corp increased its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 15.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,227 shares of the specialty chemicals company’s stock after purchasing an additional 3,291 shares during the quarter. Dupont Capital Management Corp’s holdings in Sherwin-Williams were worth $8,575,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. Valued Wealth Advisors LLC increased its position in Sherwin-Williams by 88.9% during the third quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company’s stock worth $26,000 after acquiring an additional 32 shares during the period. First Personal Financial Services acquired a new stake in shares of Sherwin-Williams in the 3rd quarter valued at $29,000. Semmax Financial Advisors Inc. boosted its stake in shares of Sherwin-Williams by 136.4% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 104 shares of the specialty chemicals company’s stock valued at $31,000 after purchasing an additional 60 shares in the last quarter. FSA Wealth Management LLC acquired a new stake in shares of Sherwin-Williams in the 3rd quarter valued at $32,000. Finally, GHP Investment Advisors Inc. boosted its stake 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 valued at $33,000 after purchasing an additional 28 shares in the last quarter. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Sherwin-Williams Trading Down 1.1 %

Shares of Sherwin-Williams stock opened at $357.44 on Thursday. The business has a fifty day simple moving average of $362.74 and a two-hundred day simple moving average of $361.16. The Sherwin-Williams Company has a 1 year low of $282.09 and a 1 year high of $400.42. The company has a market capitalization of $90.02 billion, a price-to-earnings ratio of 35.60, a P/E/G ratio of 2.79 and a beta of 1.22. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.83 and a quick ratio of 0.51.

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

Analysts Set New Price Targets

Several brokerages recently issued reports on SHW. Citigroup reduced their price target on shares of Sherwin-Williams from $430.00 to $420.00 and set a “buy” rating on the stock in a research report on Thursday, October 24th. StockNews.com cut Sherwin-Williams from a “buy” rating to a “hold” rating in a research note on Thursday, November 28th. BMO Capital Markets upped their price target on Sherwin-Williams from $400.00 to $425.00 and gave the company an “outperform” rating in a research note on Monday, September 30th. Mizuho lowered their target price on Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Finally, KeyCorp reissued a “sector weight” rating on shares of Sherwin-Williams in a research note on Monday, October 7th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $402.25.

Insiders Place Their Bets

In related news, SVP Gregory P. Sofish sold 2,565 shares of the business’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $378.63, for a total value of $971,185.95. Following the completion of the transaction, the senior vice president now owns 6,329 shares of the company’s stock, valued at $2,396,349.27. The trade was a 28.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Mary L. Garceau sold 15,770 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was 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 directly 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 position. The disclosure for this sale can be found here. Company 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.