First Command Advisory Services Inc. Has $34,000 Stock Holdings in The Sherwin-Williams Company (NYSE:SHW)

First Command Advisory Services Inc. lessened its holdings in The Sherwin-Williams Company (NYSE:SHW) by 70.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 100 shares of the specialty chemicals company’s stock after selling 240 shares during the period. First Command Advisory Services Inc.’s holdings in Sherwin-Williams were worth $34,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Valued Wealth Advisors LLC boosted 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 valued at $26,000 after purchasing an additional 32 shares during the last quarter. Midwest Capital Advisors LLC acquired a new stake in Sherwin-Williams during the fourth quarter valued at $26,000. First Personal Financial Services acquired a new stake in Sherwin-Williams during the third quarter valued at $29,000. FSA Wealth Management LLC acquired a new stake in Sherwin-Williams during the third quarter valued at $32,000. Finally, Sierra Ocean LLC acquired a new stake in Sherwin-Williams during the fourth quarter valued at $36,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Analyst Ratings Changes

SHW has been the subject of a number of research reports. Morgan Stanley reduced their price objective on Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating for the company in a research report on Tuesday, January 28th. Mizuho reduced their price objective on Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. StockNews.com cut Sherwin-Williams from a “buy” rating to a “hold” rating in a research report on Thursday, November 28th. Royal Bank of Canada reduced their price target on Sherwin-Williams from $438.00 to $415.00 and set an “outperform” rating for the company in a research report on Monday, February 3rd. Finally, Evercore ISI boosted their price target on Sherwin-Williams from $400.00 to $420.00 and gave the stock an “outperform” rating in a research report on Thursday, November 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 issued a strong buy rating to the stock. According to data from MarketBeat, Sherwin-Williams has an average rating of “Moderate Buy” and an average price target of $403.31.

Sherwin-Williams Trading Down 1.0 %

SHW stock opened at $356.02 on Friday. The Sherwin-Williams Company has a 1-year low of $282.09 and a 1-year high of $400.42. The firm has a market cap of $89.54 billion, a P/E ratio of 33.75, a P/E/G ratio of 2.98 and a beta of 1.22. The business’s 50 day moving average is $350.92 and its 200-day moving average is $365.51. The company has a current ratio of 0.79, a quick ratio of 0.46 and a debt-to-equity ratio of 2.02.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data 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 period last year, the company posted $1.81 EPS. Equities analysts anticipate that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, March 3rd will be paid a $0.79 dividend. This is a positive change from Sherwin-Williams’s previous quarterly dividend of $0.72. This represents a $3.16 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend is Monday, March 3rd. Sherwin-Williams’s dividend payout ratio is currently 29.95%.

Sherwin-Williams Company 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.