The Sherwin-Williams Company (NYSE:SHW) Shares Sold by Mather Group LLC.

Mather Group LLC. cut its holdings in The Sherwin-Williams Company (NYSE:SHW) by 6.0% during the fourth quarter, HoldingsChannel reports. The firm owned 1,915 shares of the specialty chemicals company’s stock after selling 122 shares during the period. Mather Group LLC.’s holdings in Sherwin-Williams were worth $651,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of SHW. Merit Financial Group LLC boosted its holdings in shares of Sherwin-Williams by 80.0% in the fourth quarter. Merit Financial Group LLC now owns 1,177 shares of the specialty chemicals company’s stock valued at $400,000 after acquiring an additional 523 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in shares of Sherwin-Williams by 13.0% in the third quarter. Nations Financial Group Inc. IA ADV now owns 1,818 shares of the specialty chemicals company’s stock valued at $694,000 after acquiring an additional 209 shares in the last quarter. Tamar Securities LLC boosted its holdings in shares of Sherwin-Williams by 3.4% in the third quarter. Tamar Securities LLC now owns 48,753 shares of the specialty chemicals company’s stock valued at $18,608,000 after acquiring an additional 1,604 shares in the last quarter. Park Avenue Securities LLC boosted its holdings in shares of Sherwin-Williams by 52.6% in the fourth quarter. Park Avenue Securities LLC now owns 6,680 shares of the specialty chemicals company’s stock valued at $2,271,000 after acquiring an additional 2,303 shares in the last quarter. Finally, Burney Co. boosted its holdings in shares of Sherwin-Williams by 4.6% in the fourth quarter. Burney Co. now owns 17,272 shares of the specialty chemicals company’s stock valued at $5,871,000 after acquiring an additional 766 shares in the last quarter. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SHW has been the topic of a number of research analyst reports. Robert W. Baird boosted their price objective on shares of Sherwin-Williams from $350.00 to $360.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. Berenberg Bank upgraded shares of Sherwin-Williams from a “hold” rating to a “buy” rating and lifted their target price for the stock from $321.00 to $420.00 in a research report on Friday, January 24th. Citigroup cut their target price on shares of Sherwin-Williams from $430.00 to $420.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. JPMorgan Chase & Co. lifted their target price on shares of Sherwin-Williams from $370.00 to $390.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, UBS Group restated an “underperform” rating on shares of Sherwin-Williams in a research report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Sherwin-Williams has a consensus rating of “Moderate Buy” and an average price target of $400.00.

Sherwin-Williams Stock Performance

Shares of SHW stock opened at $364.41 on Thursday. The Sherwin-Williams Company has a one year low of $282.09 and a one year high of $400.42. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.46 and a current ratio of 0.79. The company has a 50 day moving average price of $358.05 and a 200 day moving average price of $364.34. The firm has a market capitalization of $91.78 billion, a price-to-earnings ratio of 34.54, a price-to-earnings-growth ratio of 2.86 and a beta of 1.22.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 EPS for the quarter, topping the consensus estimate of $2.07 by $0.02. Sherwin-Williams had a net margin of 11.61% and a return on equity of 74.50%. During the same quarter last year, the business earned $1.81 earnings per share. Sell-side analysts anticipate that The Sherwin-Williams Company will post 12.12 EPS for the current year.

Insider Buying and Selling

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

Sherwin-Williams Company 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.