Kohmann Bosshard Financial Services LLC Buys 137 Shares of The Sherwin-Williams Company (NYSE:SHW)

Kohmann Bosshard Financial Services LLC grew its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 3.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,040 shares of the specialty chemicals company’s stock after buying an additional 137 shares during the period. Kohmann Bosshard Financial Services LLC’s holdings in Sherwin-Williams were worth $1,373,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Midwest Capital Advisors LLC bought a new position in shares of Sherwin-Williams during the 4th quarter valued at about $26,000. First Personal Financial Services bought a new position in shares of Sherwin-Williams during the 3rd quarter valued at about $29,000. FSA Wealth Management LLC bought a new position in shares of Sherwin-Williams during the 3rd quarter valued at about $32,000. Sierra Ocean LLC acquired a new stake in Sherwin-Williams in the 4th quarter valued at approximately $36,000. Finally, Capital Performance Advisors LLP acquired a new stake in Sherwin-Williams in the 3rd quarter valued at approximately $38,000. Institutional investors own 77.67% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on SHW. Zelman & Associates raised Sherwin-Williams to a “strong-buy” rating in a research report on Friday, January 17th. Robert W. Baird set a $370.00 target price on Sherwin-Williams in a research report on Friday, January 31st. JPMorgan Chase & Co. lifted their target price on Sherwin-Williams from $370.00 to $390.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Evercore ISI lifted their target price on Sherwin-Williams from $400.00 to $420.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Finally, Morgan Stanley dropped their target price on Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $403.31.

Sherwin-Williams Stock Performance

Shares of NYSE SHW opened at $362.46 on Friday. 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 stock has a 50 day moving average of $351.26 and a 200-day moving average of $365.76. The company has a market capitalization of $91.16 billion, a P/E ratio of 34.36, a P/E/G ratio of 2.98 and a beta of 1.22.

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

Sherwin-Williams Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, March 3rd will be paid a $0.79 dividend. The ex-dividend date is Monday, March 3rd. This is an increase from Sherwin-Williams’s previous quarterly dividend of $0.72. This represents a $3.16 annualized dividend and a yield of 0.87%. Sherwin-Williams’s payout ratio is 29.95%.

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.