Economia

Sherwin-Williams Co (SHW) Announces Quarterly Dividend of $0.85

Sherwin-Williams Co (SHW) Announces Quarterly Dividend of $0.85

Sherwin-Williams Co (NYSE:SHW) traded up 0.5716% on Thursday, reaching $330.3475. The firm owned 10,453 shares of the specialty chemicals company's stock after selling 2,871 shares during the period.

Several equities research analysts recently commented on the company. FSB ADV acquired a new stake in Sherwin-Williams during the fourth quarter valued at $104,000. Thrivent Financial for Lutherans now owns 2,830 shares of the specialty chemicals company's stock valued at $761,000 after buying an additional 200 shares during the last quarter. Blackrock Advsrs Limited Liability Company holds 0.26% of its portfolio in International Paper Co (NYSE:IP) for 4.76 million shares. First Citizens Bank & Trust Co. now owns 971 shares of the specialty chemicals company's stock valued at $269,000 after buying an additional 109 shares in the last quarter. Dimensional Fund Advisors LP now owns 181,137 shares of the specialty chemicals company's stock valued at $48,682,000 after buying an additional 3,096 shares during the last quarter. Finally, Reynders McVeigh Capital Management LLC raised its position in shares of Sherwin-Williams by 1.0% in the first quarter.

08/11/2016 - Sherwin-Williams Company (The) had its " rating reiterated by analysts at RBC Capital. Rothschild Asset Management Inc. increased its position in shares of Sherwin-Williams by 31.3% in the third quarter. Atlanta Capital Management Co. Following the sale, the senior vice president now directly owns 23,158 shares of the company's stock, valued at approximately $7,207,001.18. It also reduced Royal Caribbean Cruises Ltd (NYSE:RCL) stake by 69,837 shares and now owns 25,223 shares. Mistysyn Allen J also sold $253,777 worth of Sherwin-Williams Co (NYSE:SHW) on Friday, January 27. About shares traded. Acasti Pharma Inc (CVE:ACST) has risen 6.00% since April 17, 2017 and is uptrending. Sherwin-Williams has a 12 month low of $239.48 and a 12 month high of $339.62. The stock's 50-day moving average price is $323.66 and its 200 day moving average price is $295.60. The stock has a market cap of $30.57 billion, a price-to-earnings ratio of 25.8812 and a beta of 1.00.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Thursday, April 20th. The specialty chemicals company reported $2.27 earnings per share for the quarter, beating the Zacks' consensus estimate of $2.07 by $0.20. On Tuesday, May 9 GILLIGAN THOMAS P sold $2.15M worth of Sherwin-Williams Co (NYSE:SHW) or 6,350 shares. The firm had revenue of $2.76 billion for the quarter, compared to analyst estimates of $2.72 billion. During the same quarter previous year, the firm earned $1.81 earnings per share. The firm's quarterly revenue was up 7.3% compared to the same quarter past year. Equities analysts anticipate that Sherwin-Williams Co will post $14.19 EPS for the current year. Stockholders of record on Friday, May 19th will be paid a dividend of $0.85 per share. The ex-dividend date is Wednesday, May 17th. This represents a $3.40 annualized dividend and a dividend yield of 1.04%. Sherwin-Williams's dividend payout ratio (DPR) is presently 28.50%.

Sumitomo Mitsui Asset Management Company LTD increased its stake in shares of Sherwin-Williams Co (NYSE:SHW) by 13.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of US & global trademark & copyright law. The legal version of this piece of content can be viewed at https://www.com-unik.info/2017/05/17/capstone-asset-management-co-sells-2871-shares-of-sherwin-williams-co-shw-updated-updated-updated.html.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Zacks Investment Research upgraded shares of Sherwin-Williams from a "hold" rating to a "buy" rating and set a $347.00 price target for the company in a research report on Tuesday, March 28th. Morgan Stanley set a $335.00 target price on Sherwin-Williams and gave the company a "buy" rating in a research report on Tuesday, February 7th. Finally, Barclays PLC raised their target price on Sherwin-Williams from $310.00 to $335.00 and gave the stock an "equal weight" rating in a research report on Monday, April 24th.

Among 7 analysts covering Premier Foods (LON:PFD), 2 have Buy rating, 1 Sell and 4 Hold.

In related news, SVP Catherine M. Kilbane sold 22,635 shares of the firm's stock in a transaction that occurred on Friday, April 21st. The stock was sold at an average price of $311.21, for a total value of $1,354,697.13. In the last 90 days, insiders have sold 51,308 shares of company stock worth $16,880,366. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents.