YHB Investment Advisors Inc. Purchases 105 Shares of The Sherwin-Williams Company (NYSE:SHW)
YHB Investment Advisors Inc. boosted its position in The Sherwin-Williams Company (NYSE:SHW – Get Rating) by 9.9% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 1,163 shares of the specialty chemicals company’s stock after acquiring an additional 105 shares during the period. YHB Investment Advisors Inc.’s holdings in Sherwin-Williams were worth $290,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in SHW. Amplius Wealth Advisors LLC bought a new stake in shares of Sherwin-Williams during the fourth quarter valued at about $25,000. Concord Wealth Partners increased its position in shares of Sherwin-Williams by 137.5% during the fourth quarter. Concord Wealth Partners now owns 76 shares of the specialty chemicals company’s stock valued at $27,000 after buying an additional 44 shares during the period. Rational Advisors LLC increased its position in shares of Sherwin-Williams by 126.5% during the fourth quarter. Rational Advisors LLC now owns 77 shares of the specialty chemicals company’s stock valued at $27,000 after buying an additional 43 shares during the period. Arlington Partners LLC bought a new stake in shares of Sherwin-Williams during the fourth quarter valued at about $35,000. Finally, DB Fitzpatrick & Co Inc bought a new stake in shares of Sherwin-Williams during the fourth quarter valued at about $41,000. Institutional investors and hedge funds own 77.35% of the company’s stock.
Shares of SHW stock opened at $231.25 on Friday. The company has a debt-to-equity ratio of 3.85, a quick ratio of 0.54 and a current ratio of 0.88. The Sherwin-Williams Company has a fifty-two week low of $214.22 and a fifty-two week high of $354.15. The stock has a 50 day moving average price of $258.28 and a two-hundred day moving average price of $277.09. The company has a market capitalization of $60.16 billion, a P/E ratio of 33.71, a PEG ratio of 1.80 and a beta of 1.00.
Sherwin-Williams (NYSE:SHW – Get Rating) last announced its quarterly earnings data on Tuesday, April 26th. The specialty chemicals company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.07. Sherwin-Williams had a return on equity of 80.22% and a net margin of 9.00%. The firm had revenue of $5 billion during the quarter, compared to the consensus estimate of $4.92 billion. During the same quarter in the previous year, the company posted $2.06 earnings per share. The business’s revenue was up 7.4% on a year-over-year basis. As a group, equities analysts predict that The Sherwin-Williams Company will post 9.48 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 3rd. Shareholders of record on Friday, May 20th were given a $0.60 dividend. The ex-dividend date was Thursday, May 19th. This represents a $2.40 annualized dividend and a yield of 1.04%. Sherwin-Williams’s payout ratio is currently 34.99%.
Several equities research analysts have recently weighed in on the company. TheStreet upgraded Sherwin-Williams from a “c+” rating to a “b-” rating in a research report on Monday, May 2nd. Wells Fargo & Company cut their price objective on Sherwin-Williams from $315.00 to $275.00 and set an “equal weight” rating for the company in a report on Monday, April 18th. StockNews.com assumed coverage on Sherwin-Williams in a report on Thursday, March 31st. They set a “hold” rating for the company. Barclays cut their price objective on Sherwin-Williams from $320.00 to $303.00 in a report on Monday, May 2nd. Finally, Royal Bank of Canada boosted their price objective on Sherwin-Williams from $315.00 to $342.00 in a report on Thursday, April 28th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $319.79.
In other Sherwin-Williams news, insider Justin T. Binns sold 1,542 shares of the business’s stock in a transaction that occurred on Monday, May 23rd. The stock was sold at an average price of $259.99, for a total value of $400,904.58. Following the completion of the sale, the insider now owns 6,877 shares in the company, valued at $1,787,951.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.48% of the company’s stock.
Sherwin-Williams Profile (Get Rating)
The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners.
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