Certuity LLC Grows Holdings in The Sherwin-Williams Company (NYSE:SHW)

Certuity LLC grew its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 12.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,604 shares of the specialty chemicals company’s stock after buying an additional 182 shares during the quarter. Certuity LLC’s holdings in Sherwin-Williams were worth $545,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Valued Wealth Advisors LLC raised its position in Sherwin-Williams by 88.9% during the third quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company’s stock valued at $26,000 after purchasing an additional 32 shares in the last quarter. First Personal Financial Services bought a new position in shares of Sherwin-Williams during the 3rd quarter valued at about $29,000. FSA Wealth Management LLC purchased a new position in shares of Sherwin-Williams during the 3rd quarter valued at about $32,000. GHP Investment Advisors Inc. lifted its position in Sherwin-Williams by 47.5% in the 3rd quarter. GHP Investment Advisors Inc. now owns 87 shares of the specialty chemicals company’s stock worth $33,000 after buying an additional 28 shares during the last quarter. Finally, True Wealth Design LLC boosted its stake in Sherwin-Williams by 1,000.0% in the third quarter. True Wealth Design LLC now owns 99 shares of the specialty chemicals company’s stock worth $38,000 after buying an additional 90 shares in the last quarter. 77.67% of the stock is owned by institutional investors.

Insider Buying and Selling

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

Sherwin-Williams Trading Down 1.7 %

NYSE:SHW opened at $355.38 on Thursday. The company has a 50-day moving average price of $354.72 and a 200-day moving average price of $365.19. The stock has a market cap of $89.50 billion, a price-to-earnings ratio of 33.69, a P/E/G ratio of 3.15 and a beta of 1.22. The company has a current ratio of 0.79, a quick ratio of 0.46 and a debt-to-equity ratio of 2.02. The Sherwin-Williams Company has a 12 month low of $282.09 and a 12 month high of $400.42.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings data on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.02. Sherwin-Williams had a return on equity of 74.50% and a net margin of 11.61%. During the same quarter in the previous year, the business posted $1.81 EPS. Equities analysts predict that The Sherwin-Williams Company will post 12 EPS for the current year.

Analyst Upgrades and Downgrades

SHW has been the topic of several research reports. Mizuho decreased their price target on shares of Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Robert W. Baird lifted their target price on shares of Sherwin-Williams from $350.00 to $360.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. Zelman & Associates upgraded shares of Sherwin-Williams to a “strong-buy” rating in a research report on Friday, January 17th. Royal Bank of Canada decreased their price objective on Sherwin-Williams from $438.00 to $415.00 and set an “outperform” rating on the stock in a report on Monday, February 3rd. Finally, Evercore ISI increased their target price on Sherwin-Williams from $400.00 to $420.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, six have given a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $400.00.

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.