宣伟公司（NYSE 代码：SHW）的首席会计官 James P. Lang 出售了 860 股股票

James P. Lang, the Chief Accounting Officer of The Sherwin-Williams Company (NYSE:SHW), sold 860 shares of the company's stock on August 6th for $301,301 at an average price of $350.35. This sale reduced his ownership by 69.52%, leaving him with 377 shares valued at approximately $132,081.95. The transaction was disclosed to the SEC. Sherwin-Williams' stock opened at $352.19, with a market cap of $87.81 billion and a recent quarterly EPS of $3.38, missing estimates. The company also announced a quarterly dividend of $0.79, payable on September 5th.

The Sherwin-Williams Company (NYSE:SHW - Get Free Report) CAO James P. Lang sold 860 shares of the stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $350.35, for a total value of $301,301.00. Following the completion of the transaction, the chief accounting officer owned 377 shares of the company's stock, valued at approximately $132,081.95. This trade represents a 69.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Sherwin-Williams Price Performance

Sherwin-Williams Plunges Into Buying Opportunity: Time to Buy?

NYSE SHW opened at $352.19 on Friday. The Sherwin-Williams Company has a one year low of $308.84 and a one year high of $400.42. The stock has a 50-day moving average of $345.58 and a 200 day moving average of $347.96. The company has a market capitalization of $87.81 billion, a price-to-earnings ratio of 34.94, a PEG ratio of 3.31 and a beta of 1.16. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.48 and a current ratio of 0.78.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The specialty chemicals company reported $3.38 EPS for the quarter, missing the consensus estimate of $3.76 by ($0.38). Sherwin-Williams had a return on equity of 66.91% and a net margin of 11.03%. The business had revenue of $6.31 billion during the quarter, compared to the consensus estimate of $6.31 billion. During the same quarter in the previous year, the business posted $3.70 earnings per share. Sherwin-Williams's quarterly revenue was up .6% compared to the same quarter last year. On average, sell-side analysts forecast that The Sherwin-Williams Company will post 12 EPS for the current year.

Sherwin-Williams Announces Dividend

Dividend Aristocrats or Dividend Kings: Which Is Best for You?

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Friday, August 15th will be issued a $0.79 dividend. This represents a $3.16 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, August 15th. Sherwin-Williams's dividend payout ratio (DPR) is presently 31.35%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. UBS Group decreased their price objective on Sherwin-Williams from $410.00 to $395.00 and set a "buy" rating for the company in a report on Wednesday, July 23rd. Mizuho decreased their price objective on Sherwin-Williams from $400.00 to $385.00 and set an "outperform" rating for the company in a report on Wednesday, July 23rd. Morgan Stanley decreased their price objective on Sherwin-Williams from $405.00 to $385.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Loop Capital decreased their price objective on Sherwin-Williams from $395.00 to $380.00 and set a "buy" rating for the company in a report on Wednesday, July 23rd. Finally, Citigroup reduced their price target on Sherwin-Williams from $385.00 to $375.00 and set a "neutral" rating for the company in a report on Wednesday, July 23rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $383.33.

3 Stocks Ready to Pop When the Fed Cuts Interest Rates

View Our Latest Analysis on Sherwin-Williams

Institutional Investors Weigh In On Sherwin-Williams

Several large investors have recently bought and sold shares of the business. Brighton Jones LLC grew its stake in shares of Sherwin-Williams by 73.6% during the 4th quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company's stock valued at $525,000 after purchasing an additional 655 shares during the period. FIL Ltd grew its stake in shares of Sherwin-Williams by 42.7% during the 4th quarter. FIL Ltd now owns 174,620 shares of the specialty chemicals company's stock valued at $59,359,000 after purchasing an additional 52,227 shares during the period. Advisory Services Network LLC grew its stake in shares of Sherwin-Williams by 37.5% during the 4th quarter. Advisory Services Network LLC now owns 16,073 shares of the specialty chemicals company's stock valued at $5,464,000 after purchasing an additional 4,384 shares during the period. DRW Securities LLC bought a new stake in shares of Sherwin-Williams during the 4th quarter valued at about $695,000. Finally, Phoenix Financial Ltd. grew its stake in shares of Sherwin-Williams by 556.8% during the 4th quarter. Phoenix Financial Ltd. now owns 4,151 shares of the specialty chemicals company's stock valued at $1,411,000 after purchasing an additional 3,519 shares during the period. 77.67% of the stock is currently owned by institutional investors.

About Sherwin-Williams

(Get Free Report)

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.

Five stocks we like better than Sherwin-Williams
What is the FTSE 100 index?
Airbnb Beats Earnings, But the Growth Story Is Losing Altitude
How Investors Can Identify and Successfully Trade Gap-Down Stocks
Netflix Bulls vs. Bears: Who Wins This Pullback?
How to Know Which Cryptocurrency to Buy: A Guide for Investors
Viasat: Why a Wall of Cash Has Shorts Running for Cover

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Sherwin-Williams?

Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Sherwin-Williams and related companies.

From Our Partners