Sherwin Williams Co (SHW): Sean P Hennessy , SVP-Finance & CFO of Sherwin Williams Co sold 20,353 shares on May 13, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $294.88 per share for a total value of $6,001,692.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 11, 2016, Allen J Mistysyn (SVP-Corporate Controller) sold 3,353 shares at $291.58 per share price.On May 11, 2016, Robert J Davisson (President, The Americas Group) sold 3,591 shares at $292.21 per share price.Also, On Apr 28, 2016, Susan J Kropf (director) sold 2,000 shares at $297.99 per share price.On Apr 25, 2016, David F Hodnik (director) sold 843 shares at $297.49 per share price.
Sherwin-Williams Co: On Monday, May 16, 2016 heightened volatility was witnessed in Sherwin-Williams Co which led to swings in the share price. The shares opened for trading at $294.5 and hit $297.99 on the upside , eventually ending the session at $297.68, with a gain of 1.54% or 4.51 points. The heightened volatility saw the trading volume jump to 4,38,776 shares. The 52-week high of the share price is $309 and the company has a market cap of $27,534 M . The 52-week low of the share price is at $218.27.
On Apr 20, 2016, Sherwin-Williams Co announced a cash dividend of $0.8400. The company’s management has announced May 18, 2016 as the ex-dividend date and fixed the record date on May 20, 2016. The payable date has been fixed on Jun 3, 2016.
Company has been under the radar of several Street Analysts.Sherwin-Williams Co is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 340 from a previous price target of $337 .The Rating was issued on Apr 22, 2016.Sherwin-Williams Co is Reiterated by UBS to Neutral and the brokerage firm has raised the Price Target to $ 305 from a previous price target of $290 .The Rating was issued on Apr 22, 2016.Sherwin-Williams Co is Resumed by Credit Suisse to Outperform. The Rating was issued on Mar 22, 2016.Sherwin-Williams Co is Reiterated by UBS to Neutral and the brokerage firm has raised the Price Target to $ 290 from a previous price target of $270 .The Rating was issued on Mar 21, 2016.Sherwin-Williams Co is Downgraded by KeyBanc Capital Mkts to Sector Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Mar 21, 2016.
The Sherwin-Williams Company is engaged in the development manufacture distribution and sale of paint coatings and related products. The Companys segments include Paint Stores Group Consumer Group Global Finishes Group and Latin America Coatings Group. The Paint Stores Group markets and sells architectural paint and coatings protective and marine products original equipment manufacturer (OEM) product finishes and related items. The Consumer Group develops manufactures and distributes a range of paint coatings and related products to third party customers. The Global Finishes Group develops licenses manufactures distributes and sells a range of protective and marine products automotive finishes and refinished products and OEM product finishes among others. The Latin America Coatings Group develops licenses manufactures distributes and sells a range of architectural paint and coatings protective and marine products and OEM product finishes among others.