Blueprint Investment Partners LLC Has $266,000 Stock Position in The Sherwin-Williams Company (NYSE:SHW)

Blueprint Investment Partners LLC boosted its stake in The Sherwin-Williams Company (NYSE:SHW) by 24.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 781 shares of the specialty chemicals company’s stock after purchasing an additional 153 shares during the quarter. Blueprint Investment Partners LLC’s holdings in Sherwin-Williams were worth $266,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Midwest Capital Advisors LLC acquired a new stake in shares of Sherwin-Williams in the 4th quarter valued at $26,000. Lee Danner & Bass Inc. acquired a new stake in Sherwin-Williams in the fourth quarter valued at about $28,000. FSA Wealth Management LLC bought a new position in Sherwin-Williams in the third quarter valued at about $32,000. Sierra Ocean LLC acquired a new position in Sherwin-Williams during the fourth quarter worth about $36,000. Finally, True Wealth Design LLC lifted its holdings in shares of Sherwin-Williams by 1,000.0% in the third quarter. True Wealth Design LLC now owns 99 shares of the specialty chemicals company’s stock worth $38,000 after acquiring an additional 90 shares during the last quarter. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Trading Down 0.5 %

Shares of SHW stock opened at $334.38 on Monday. The company has a market cap of $84.10 billion, a P/E ratio of 31.69, a PEG ratio of 2.98 and a beta of 1.23. The Sherwin-Williams Company has a fifty-two week low of $282.09 and a fifty-two week high of $400.42. The stock has a 50 day simple moving average of $353.97 and a two-hundred day simple moving average of $364.61. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.46 and a current ratio of 0.79.

Sherwin-Williams (NYSE:SHW) last released its earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.02. Sherwin-Williams had a net margin of 11.61% and a return on equity of 74.50%. During the same quarter in the prior year, the firm posted $1.81 EPS. Research analysts forecast that The Sherwin-Williams Company will post 12 earnings per share for the current year.

Sherwin-Williams Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, March 3rd were paid a dividend of $0.79 per share. This is an increase from Sherwin-Williams’s previous quarterly dividend of $0.72. This represents a $3.16 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend was Monday, March 3rd. Sherwin-Williams’s dividend payout ratio is 29.95%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on SHW. Morgan Stanley dropped their price objective on shares of Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating for the company in a research note on Tuesday, January 28th. Mizuho cut their price objective on Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. JPMorgan Chase & Co. upped their target price on Sherwin-Williams from $370.00 to $390.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Zelman & Associates raised Sherwin-Williams to a “strong-buy” rating in a research note on Friday, January 17th. Finally, Jefferies Financial Group restated a “hold” rating and set a $380.00 price target (down from $423.00) on shares of Sherwin-Williams in a report on Monday, March 10th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $401.13.

Insiders Place Their Bets

In other news, insider Colin M. Davie sold 2,799 shares of the business’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $360.30, for a total transaction of $1,008,479.70. Following the completion of the sale, the insider now directly owns 5,365 shares of the company’s stock, valued at $1,933,009.50. The trade was a 34.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.60% of the company’s stock.

Sherwin-Williams 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.