The Vanguard Group, Inc. has recently announced that it has increased stake in Sherwin-Williams Co. (NYSE:SHW) by 0.87%. After grabbing 20.26 million shares, the institutional investor is now in possession of 0.17 million shares of the Basic Materials Company. The new investment brought the stake of investor firm to 7.91% having worth around $6.32 billion. Moreover, BlackRock Fund Advisors increased its share by 0.27 million to have a control over 10.95 million shares. And Fidelity Management & Research Co raised its holdings to 1.87 million shares by acquiring 4.48 million shares or 1.75% of the stake.
Sherwin-Williams Co. (SHW) concluded trading on Thursday at a closing price of $303.91, with 3.83 million shares of worth about $1.16 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.19% during that period and on Thursday, January 25 the price saw a gain of about 0.95%. Currently the company’s common shares owned by public are about 258.90M shares, out of which, 235.37M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 51 times over the past 12 months. They bought 78,193 shares in 40 of the transactions. In 11 selling transactions, insiders dumped 18,835 shares.
Vanguard Total Stock Market ETF, Vanguard 500 Index Fund, and American Funds New Perspective Fu are the top 3 mutual funds which are holding stakes in Sherwin-Williams Co. Vanguard Total Stock Market ETF is currently holding 7.23 million shares of worth totaling $2.26 billion. The company recently came selling 21675.0 shares which brought its stake up to 2.83% of the company’s outstanding shares. Vanguard 500 Index Fund sold 16451.0 shares, after which its hold over company’s outstanding shares shrunk to 2.25%, leaving 5.75 million shares with the mutual fund that have a worth of about $1.79 billion. American Funds New Perspective Fu, after buying 2.91 million shares, have now control over 1.14% of the stake in the company. It holds 52173.0 shares of worth $908.94 million.
Stock saw a price change of -0.80% in past 5 days and over the past one month there was a price change of -2.36%. Year-to-date (YTD), SHW shares are showing a performance of -2.56% which increased to 21.88% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $205.43 but also hit the highest price of $314.14 during that period. The average intraday trading volume for Sherwin-Williams Co. shares is 1.47 million. The stock is currently trading 0.21% above its 20-day simple moving average (SMA20), while that difference is up 4.05% for SMA50 and it goes to 16.17% higher than SMA200.
The Vanguard Group, Inc. acquired 20.26 million shares of Sherwin-Williams Co. having value of about $6.32 billion. Data submitted at the U.S SEC by The Vanguard Group, Inc. revealed that the firm now holds 0.17 million shares in the company valued at close to $52804058.59, or have control over 0.87% stake in the company. Sherwin-Williams Co. (NYSE: SHW) currently have 258.90M outstanding shares and institutions hold larger chunk of about 78.54% of that. Holding of mutual funds in the company is about 40.31% while other institutional holders and individual stake holders have control over 9.13% and 38.83% of the stake respectively.
The stock has a current market capitalization of $77.79B and its 3Y-monthly beta is at 1.14. PE ratio of stock for trailing 12 months is 32.89, while it has posted earnings per share of $9.24 in the same period. Its PEG reads 2.32 and has Quick Ratio of 0.48 while making debt-to-equity ratio of 3.18. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SHW, volatility over the week remained 2.23% while standing at 1.59% over the month.
Analysts are in expectations that Sherwin-Williams Co. (SHW) stock would likely to be making an EPS of $1.8 in the current quarter, while forecast for next quarter EPS is $2.18 and it is $11.34 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.63 which is $2.01 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $1.89 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 9.39% while it is estimated to increase by 11.72% in next year. EPS is likely to shrink at an annualized rate of 14.17% for next 5-years, compared to annual growth of 18.91% made by the stock over the past 5-years.
