The Sherwin-Williams Company (NYSE:SHW) Shares Bought by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC boosted its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 525.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 363 shares of the specialty chemicals company’s stock after acquiring an additional 305 shares during the period. Catalyst Capital Advisors LLC’s holdings in Sherwin-Williams were worth $123,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Valued Wealth Advisors LLC grew its position in shares of Sherwin-Williams by 88.9% in 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 during the period. First Personal Financial Services acquired a new stake in shares of Sherwin-Williams in the third quarter valued at about $29,000. FSA Wealth Management LLC acquired a new stake in shares of Sherwin-Williams in the third quarter valued at about $32,000. GHP Investment Advisors Inc. grew its position in shares of Sherwin-Williams by 47.5% in the third quarter. GHP Investment Advisors Inc. now owns 87 shares of the specialty chemicals company’s stock valued at $33,000 after purchasing an additional 28 shares during the period. Finally, Sierra Ocean LLC acquired a new stake in shares of Sherwin-Williams in the fourth quarter valued at about $36,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on SHW. Robert W. Baird lifted their target price on shares of Sherwin-Williams from $350.00 to $360.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Barclays lifted their target price on shares of Sherwin-Williams from $355.00 to $370.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. boosted their price target on shares of Sherwin-Williams from $370.00 to $390.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Citigroup lowered their price target on shares of Sherwin-Williams from $430.00 to $420.00 and set a “buy” rating on the stock in a research report on Thursday, October 24th. Finally, Mizuho lowered 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 report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and a consensus price target of $400.00.

Insider Activity

In other 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 value of $6,275,198.40. Following the sale, the senior vice president now directly owns 29,205 shares of the company’s stock, valued at approximately $11,621,253.60. The trade was a 35.06 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.60% of the company’s stock.

Sherwin-Williams Price Performance

Shares of SHW stock opened at $352.98 on Wednesday. The company has a debt-to-equity ratio of 2.02, a current ratio of 0.79 and a quick ratio of 0.46. The firm’s 50-day moving average is $352.57 and its two-hundred day moving average is $365.36. The Sherwin-Williams Company has a 12 month low of $282.09 and a 12 month high of $400.42. The company has a market capitalization of $88.90 billion, a PE ratio of 33.46, a price-to-earnings-growth ratio of 3.15 and a beta of 1.22.

Sherwin-Williams (NYSE:SHW) last issued its earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 EPS for the quarter, topping 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 prior year, the firm earned $1.81 EPS. Analysts predict that The Sherwin-Williams Company will post 12 earnings per share for the current year.

About Sherwin-Williams

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.