The Sherwin-Williams Company (NYSE:SHW) is Threadgill Financial LLC’s 9th Largest Position

Threadgill Financial LLC lifted its stake in The Sherwin-Williams Company (NYSE:SHW) by 99.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,295 shares of the specialty chemicals company’s stock after buying an additional 7,118 shares during the quarter. Sherwin-Williams comprises 2.7% of Threadgill Financial LLC’s portfolio, making the stock its 9th biggest holding. Threadgill Financial LLC’s holdings in Sherwin-Williams were worth $4,992,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in SHW. Midwest Capital Advisors LLC bought a new stake in Sherwin-Williams during the 4th quarter worth approximately $26,000. Park Square Financial Group LLC purchased a new stake in shares of Sherwin-Williams in the fourth quarter worth $27,000. Lee Danner & Bass Inc. bought a new stake in shares of Sherwin-Williams during the 4th quarter valued at $28,000. Sierra Ocean LLC purchased a new position in shares of Sherwin-Williams during the 4th quarter valued at $36,000. Finally, WR Wealth Planners LLC lifted its stake in shares of Sherwin-Williams by 41.7% during the 4th quarter. WR Wealth Planners LLC now owns 119 shares of the specialty chemicals company’s stock valued at $40,000 after buying an additional 35 shares in the last quarter. 77.67% of the stock is owned by hedge funds and other institutional investors.

Sherwin-Williams Stock Down 1.0%

Shares of NYSE SHW opened at $355.40 on Tuesday. The company has a current ratio of 0.79, a quick ratio of 0.46 and a debt-to-equity ratio of 2.02. The Sherwin-Williams Company has a 12-month low of $282.09 and a 12-month high of $400.42. The firm’s 50-day moving average price is $345.05 and its 200-day moving average price is $353.24. The stock has a market capitalization of $89.06 billion, a price-to-earnings ratio of 33.69, a P/E/G ratio of 2.98 and a beta of 1.25.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings data on Tuesday, April 29th. The specialty chemicals company reported $2.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.23 by $0.02. The business had revenue of $5.31 billion for the quarter, compared to the consensus estimate of $5.42 billion. Sherwin-Williams had a return on equity of 74.50% and a net margin of 11.61%. The company’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same period in the prior year, the business posted $2.17 earnings per share. On average, equities research analysts anticipate that The Sherwin-Williams Company will post 12 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be paid a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend is Friday, May 16th. Sherwin-Williams’s payout ratio is 29.87%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. UBS Group cut their price target on Sherwin-Williams from $430.00 to $400.00 and set a “buy” rating for the company in a research note on Monday, April 7th. Jefferies Financial Group reiterated a “hold” rating and set a $380.00 target price (down previously from $423.00) on shares of Sherwin-Williams in a research report on Monday, March 10th. Royal Bank of Canada increased their target price on Sherwin-Williams from $410.00 to $420.00 and gave the stock an “outperform” rating in a research report on Thursday, May 1st. Wells Fargo & Company raised Sherwin-Williams from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $350.00 to $420.00 in a report on Wednesday, April 30th. Finally, Mizuho set a $395.00 price target on Sherwin-Williams in a research note on Tuesday, April 15th. Five research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $397.00.

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.