Unique Wealth LLC Buys 256 Shares of The Sherwin-Williams Company (NYSE:SHW)

Unique Wealth LLC increased its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 40.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 882 shares of the specialty chemicals company’s stock after buying an additional 256 shares during the quarter. Unique Wealth LLC’s holdings in Sherwin-Williams were worth $300,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. BCS Wealth Management bought a new position in Sherwin-Williams in the 4th quarter valued at $1,271,000. Miracle Mile Advisors LLC raised its position in Sherwin-Williams by 336.1% in the 4th quarter. Miracle Mile Advisors LLC now owns 6,625 shares of the specialty chemicals company’s stock valued at $2,252,000 after purchasing an additional 5,106 shares during the last quarter. Wedmont Private Capital raised its position in Sherwin-Williams by 9.5% in the 4th quarter. Wedmont Private Capital now owns 2,843 shares of the specialty chemicals company’s stock valued at $938,000 after purchasing an additional 246 shares during the last quarter. Capital Investment Advisors LLC raised its position in shares of Sherwin-Williams by 5.6% during the fourth quarter. Capital Investment Advisors LLC now owns 737 shares of the specialty chemicals company’s stock worth $251,000 after acquiring an additional 39 shares during the last quarter. Finally, Threadgill Financial LLC raised its position in shares of Sherwin-Williams by 153.6% during the fourth quarter. Threadgill Financial LLC now owns 7,177 shares of the specialty chemicals company’s stock worth $2,440,000 after acquiring an additional 4,347 shares during the last quarter. Institutional investors own 77.67% of the company’s stock.

Insider Activity

In other news, SVP Mary L. Garceau sold 15,770 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $397.92, for a total value of $6,275,198.40. Following the transaction, the senior vice president now owns 29,205 shares of the company’s stock, valued at approximately $11,621,253.60. This represents a 35.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Gregory P. Sofish sold 2,565 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $378.63, for a total value of $971,185.95. Following the completion of the transaction, the senior vice president now directly owns 6,329 shares in the company, valued at $2,396,349.27. The trade was a 28.84 % decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is owned by company insiders.

Sherwin-Williams Stock Performance

Shares of Sherwin-Williams stock opened at $336.36 on Tuesday. The Sherwin-Williams Company has a one year low of $282.09 and a one year high of $400.42. The firm has a market cap of $84.71 billion, a price-to-earnings ratio of 33.50, a price-to-earnings-growth ratio of 2.94 and a beta of 1.22. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.83 and a quick ratio of 0.51. The stock’s 50-day moving average is $366.56 and its 200-day moving average is $358.81.

Sherwin-Williams (NYSE:SHW) last released its earnings results on Tuesday, October 22nd. The specialty chemicals company reported $3.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.56 by ($0.19). The company had revenue of $6.16 billion for the quarter, compared to the consensus estimate of $6.20 billion. Sherwin-Williams had a return on equity of 74.45% and a net margin of 11.09%. The business’s revenue was up .7% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.20 EPS. Equities analysts predict that The Sherwin-Williams Company will post 11.32 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 15th were given a $0.715 dividend. This represents a $2.86 annualized dividend and a dividend yield of 0.85%. The ex-dividend date was Friday, November 15th. Sherwin-Williams’s payout ratio is 28.49%.

Wall Street Analyst Weigh In

SHW has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their target price on Sherwin-Williams from $360.00 to $370.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 23rd. UBS Group restated an “underperform” rating on shares of Sherwin-Williams in a research report on Friday, October 18th. Robert W. Baird boosted their target price on Sherwin-Williams from $350.00 to $360.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. StockNews.com downgraded Sherwin-Williams from a “buy” rating to a “hold” rating in a research report on Thursday, November 28th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Sherwin-Williams in a research note on Monday, October 7th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and a consensus target price of $402.25.

Sherwin-Williams 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.