Hantz Financial Services Inc. Has $12.67 Million Stock Position in The Sherwin-Williams Company (NYSE:SHW)

Hantz Financial Services Inc. lowered its stake in The Sherwin-Williams Company (NYSE:SHW) by 0.4% during the third quarter, HoldingsChannel.com reports. The firm owned 33,202 shares of the specialty chemicals company’s stock after selling 133 shares during the period. Hantz Financial Services Inc.’s holdings in Sherwin-Williams were worth $12,672,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in SHW. Cetera Investment Advisers lifted its stake in shares of Sherwin-Williams by 449.5% in the 1st quarter. Cetera Investment Advisers now owns 56,691 shares of the specialty chemicals company’s stock valued at $19,690,000 after purchasing an additional 46,375 shares during the period. Cetera Advisors LLC lifted its stake in shares of Sherwin-Williams by 34.4% in the 1st quarter. Cetera Advisors LLC now owns 22,454 shares of the specialty chemicals company’s stock valued at $7,799,000 after purchasing an additional 5,743 shares during the period. DekaBank Deutsche Girozentrale lifted its stake in shares of Sherwin-Williams by 18.6% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 134,499 shares of the specialty chemicals company’s stock valued at $46,404,000 after purchasing an additional 21,055 shares during the period. SG Capital Management LLC acquired a new position in shares of Sherwin-Williams in the 1st quarter valued at $7,782,000. Finally, Clear Rock Advisors LLC raised its stake in Sherwin-Williams by 1.5% during the 1st quarter. Clear Rock Advisors LLC now owns 8,978 shares of the specialty chemicals company’s stock worth $3,118,000 after buying an additional 131 shares during the period. Institutional investors and hedge funds own 77.67% of the company’s stock.

Insider Buying and Selling

In related news, SVP Mary L. Garceau sold 15,770 shares of Sherwin-Williams stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $397.92, for a total transaction of $6,275,198.40. Following the completion of the transaction, the senior vice president now owns 29,205 shares in the company, valued at approximately $11,621,253.60. This trade represents a 35.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Gregory P. Sofish sold 2,565 shares of Sherwin-Williams stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $378.63, for a total value of $971,185.95. Following the transaction, the senior vice president now owns 6,329 shares of the company’s stock, valued at $2,396,349.27. The trade was a 28.84 % decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently commented on the company. StockNews.com downgraded Sherwin-Williams from a “buy” rating to a “hold” rating in a research note on Thursday. Citigroup dropped their price objective on Sherwin-Williams from $430.00 to $420.00 and set a “buy” rating on the stock in a research note on Thursday, October 24th. Evercore ISI raised their price objective on Sherwin-Williams from $400.00 to $420.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. KeyCorp reaffirmed a “sector weight” rating on shares of Sherwin-Williams in a research note on Monday, October 7th. Finally, Barclays raised their price objective on Sherwin-Williams from $355.00 to $370.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and an average target price of $396.47.

Sherwin-Williams Price Performance

Shares of NYSE SHW opened at $393.96 on Friday. The stock has a market capitalization of $99.22 billion, a price-to-earnings ratio of 39.24, a PEG ratio of 3.17 and a beta of 1.17. The business has a 50-day moving average of $378.56 and a 200-day moving average of $346.30. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.83 and a quick ratio of 0.51. The Sherwin-Williams Company has a fifty-two week low of $272.34 and a fifty-two week high of $400.42.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Tuesday, October 22nd. The specialty chemicals company reported $3.37 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.19). The company had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.20 billion. Sherwin-Williams had a net margin of 11.09% and a return on equity of 74.45%. Sherwin-Williams’s revenue was up .7% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.20 EPS. As a group, sell-side analysts predict that The Sherwin-Williams Company will post 11.32 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be issued a dividend of $0.715 per share. This represents a $2.86 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date is Friday, November 15th. Sherwin-Williams’s payout ratio is currently 28.49%.

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.