Sherwin-Williams Company (The) (SHW) Position Trimmed by Renaissance Technologies LLC

Renaissance Technologies LLC trimmed its position in shares of Sherwin-Williams Company (The) (NYSE:SHW) by 44.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 531,100 shares of the specialty chemicals company’s stock after selling 430,800 shares during the period. Renaissance Technologies LLC owned 0.57% of Sherwin-Williams Company (The) worth $186,395,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of SHW. First Trust Advisors LP increased its holdings in Sherwin-Williams Company (The) by 46.1% during the first quarter. First Trust Advisors LP now owns 22,912 shares of the specialty chemicals company’s stock worth $7,107,000 after buying an additional 7,226 shares during the last quarter. Toronto Dominion Bank increased its holdings in Sherwin-Williams Company (The) by 57.3% during the first quarter. Toronto Dominion Bank now owns 21,892 shares of the specialty chemicals company’s stock worth $6,789,000 after buying an additional 7,975 shares during the last quarter. Sawtooth Solutions LLC increased its holdings in Sherwin-Williams Company (The) by 12.0% during the first quarter. Sawtooth Solutions LLC now owns 3,425 shares of the specialty chemicals company’s stock worth $1,062,000 after buying an additional 368 shares during the last quarter. Pioneer Investment Management Inc. increased its holdings in Sherwin-Williams Company (The) by 82.8% during the first quarter. Pioneer Investment Management Inc. now owns 244,269 shares of the specialty chemicals company’s stock worth $75,770,000 after buying an additional 110,674 shares during the last quarter. Finally, Zweig DiMenna Associates LLC acquired a new position in Sherwin-Williams Company (The) during the first quarter worth $22,677,000. Institutional investors and hedge funds own 73.82% of the company’s stock.

Sherwin-Williams Company (SHW) traded up 0.04% during trading on Friday, hitting $349.76. 570,171 shares of the company traded hands. The stock has a 50 day moving average price of $338.02 and a 200 day moving average price of $334.83. Sherwin-Williams Company has a 12-month low of $239.48 and a 12-month high of $362.57. The company has a market capitalization of $32.47 billion, a P/E ratio of 28.83 and a beta of 1.22.

Sherwin-Williams Company (The) (NYSE:SHW) last announced its quarterly earnings data on Thursday, July 20th. The specialty chemicals company reported $4.52 earnings per share for the quarter, missing the consensus estimate of $4.54 by ($0.02). Sherwin-Williams Company (The) had a return on equity of 63.81% and a net margin of 9.14%. The firm had revenue of $3.74 billion during the quarter, compared to analysts’ expectations of $3.83 billion. During the same period last year, the business posted $4.06 EPS. The company’s revenue was up 16.0% compared to the same quarter last year. On average, equities analysts anticipate that Sherwin-Williams Company will post $14.98 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Investors of record on Friday, August 18th were issued a $0.85 dividend. This represents a $3.40 annualized dividend and a yield of 0.97%. The ex-dividend date was Wednesday, August 16th. Sherwin-Williams Company (The)’s dividend payout ratio (DPR) is currently 28.05%.

SHW has been the topic of several research reports. Robert W. Baird reiterated a “buy” rating and issued a $375.00 price objective on shares of Sherwin-Williams Company (The) in a report on Friday, September 1st. Citigroup Inc. reiterated a “buy” rating and issued a $410.00 price objective on shares of Sherwin-Williams Company (The) in a report on Friday, June 23rd. Royal Bank Of Canada reiterated a “buy” rating on shares of Sherwin-Williams Company (The) in a report on Wednesday. BidaskClub downgraded shares of Sherwin-Williams Company (The) from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Finally, Goldman Sachs Group, Inc. (The) initiated coverage on shares of Sherwin-Williams Company (The) in a report on Thursday, June 8th. They issued a “buy” rating and a $403.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $364.46.

TRADEMARK VIOLATION NOTICE: “Sherwin-Williams Company (The) (SHW) Position Trimmed by Renaissance Technologies LLC” was first posted by Ticker Report and is the sole property of of Ticker Report. If you are viewing this report on another publication, it was stolen and reposted in violation of international trademark & copyright legislation. The correct version of this report can be viewed at https://www.tickerreport.com/banking-finance/2914600/sherwin-williams-company-the-shw-position-trimmed-by-renaissance-technologies-llc.html.

Sherwin-Williams Company (The) Company Profile

The Sherwin-Williams Company (Sherwin-Williams) is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Company’s segments are Paint Stores Group, Consumer Group, Global Finishes Group, Latin America Coatings Group and Administrative. The Paint Stores Group markets and sells Sherwin-Williams branded architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items.

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

Receive News & Ratings for Sherwin-Williams Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sherwin-Williams Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2017 Ticker Report. Google+.