Windward Private Wealth Management Inc. trimmed its position in shares of The Sherwin-Williams Company (NYSE:SHW – Free Report) by 9.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,067 shares of the specialty chemicals company’s stock after selling 117 shares during the quarter. Windward Private Wealth Management Inc.’s holdings in Sherwin-Williams were worth $363,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Avestar Capital LLC increased its position in shares of Sherwin-Williams by 22.4% during the fourth quarter. Avestar Capital LLC now owns 2,139 shares of the specialty chemicals company’s stock worth $727,000 after acquiring an additional 392 shares in the last quarter. Values First Advisors Inc. boosted its stake in Sherwin-Williams by 66.3% during the 4th quarter. Values First Advisors Inc. now owns 1,823 shares of the specialty chemicals company’s stock valued at $620,000 after purchasing an additional 727 shares during the last quarter. Certuity LLC increased its holdings in Sherwin-Williams by 12.8% during the 4th quarter. Certuity LLC now owns 1,604 shares of the specialty chemicals company’s stock worth $545,000 after purchasing an additional 182 shares in the last quarter. Leavell Investment Management Inc. raised its stake in shares of Sherwin-Williams by 4.7% in the fourth quarter. Leavell Investment Management Inc. now owns 4,121 shares of the specialty chemicals company’s stock worth $1,401,000 after purchasing an additional 185 shares during the last quarter. Finally, Fishman Jay A Ltd. MI lifted its holdings in shares of Sherwin-Williams by 0.4% in the fourth quarter. Fishman Jay A Ltd. MI now owns 15,247 shares of the specialty chemicals company’s stock valued at $5,183,000 after purchasing an additional 58 shares in the last quarter. 77.67% of the stock is currently owned by institutional investors.
Insider Transactions at Sherwin-Williams
In other news, SVP Gregory P. Sofish sold 2,565 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $378.63, for a total transaction of $971,185.95. Following the sale, the senior vice president now directly owns 6,329 shares in the company, valued at $2,396,349.27. This represents a 28.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Mary L. Garceau sold 15,770 shares of the stock in a transaction dated Tuesday, November 26th. The stock was 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 approximately $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. Corporate insiders own 0.60% of the company’s stock.
Sherwin-Williams Price Performance
Sherwin-Williams (NYSE:SHW – Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates 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 in the previous year, the company posted $1.81 EPS. Research analysts predict that The Sherwin-Williams Company will post 12 earnings per share for the current year.
Analysts Set New Price Targets
A number of equities research analysts recently commented on the company. Robert W. Baird increased their price target on Sherwin-Williams from $350.00 to $360.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Royal Bank of Canada lowered their target price on shares of Sherwin-Williams from $438.00 to $415.00 and set an “outperform” rating for the company in a report on Monday, February 3rd. Barclays boosted their price target on shares of Sherwin-Williams from $355.00 to $370.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 23rd. Morgan Stanley decreased their price objective on shares of Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating for the company in a research note on Tuesday, January 28th. Finally, StockNews.com downgraded Sherwin-Williams from a “buy” rating to a “hold” rating in a research note on Thursday, November 28th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $400.00.
View Our Latest Stock Report on Sherwin-Williams
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.
Featured Articles
- Five stocks we like better than Sherwin-Williams
- What Are Earnings Reports?
- Upstart’s Uptrend Is Just Getting Started: Its Time to Load Up
- Using the MarketBeat Dividend Tax Calculator
- Archer Aviation Lands BlackRock Investment—What’s Next for ACHR?
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Buffett Buys More Occidental Petroleum—Sticking to His Playbook
Receive News & Ratings for Sherwin-Williams Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sherwin-Williams and related companies with MarketBeat.com's FREE daily email newsletter.