Quotient Wealth Partners LLC Sells 61 Shares of The Sherwin-Williams Company $SHW

Quotient Wealth Partners LLC reduced its stake in The Sherwin-Williams Company (NYSE:SHW) by 4.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,219 shares of the specialty chemicals company’s stock after selling 61 shares during the period. Quotient Wealth Partners LLC’s holdings in Sherwin-Williams were worth $418,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Ariston Services Group increased its holdings in shares of Sherwin-Williams by 9.1% in the 2nd quarter. Ariston Services Group now owns 800 shares of the specialty chemicals company’s stock worth $275,000 after buying an additional 67 shares during the last quarter. Huntleigh Advisors Inc. increased its holdings in shares of Sherwin-Williams by 2.8% in the 2nd quarter. Huntleigh Advisors Inc. now owns 5,346 shares of the specialty chemicals company’s stock worth $1,836,000 after buying an additional 148 shares during the last quarter. Nicholson Wealth Management Group LLC increased its holdings in shares of Sherwin-Williams by 8.4% in the 2nd quarter. Nicholson Wealth Management Group LLC now owns 4,701 shares of the specialty chemicals company’s stock worth $1,614,000 after buying an additional 364 shares during the last quarter. Stratos Wealth Partners LTD. increased its holdings in shares of Sherwin-Williams by 5.9% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 31,706 shares of the specialty chemicals company’s stock worth $10,887,000 after buying an additional 1,756 shares during the last quarter. Finally, Private Trust Co. NA increased its holdings in shares of Sherwin-Williams by 0.6% in the 2nd quarter. Private Trust Co. NA now owns 9,051 shares of the specialty chemicals company’s stock worth $3,108,000 after buying an additional 55 shares during the last quarter. 77.67% of the stock is currently owned by institutional investors.

Insider Activity at Sherwin-Williams

In other news, insider Justin T. Binns sold 609 shares of Sherwin-Williams stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $368.82, for a total transaction of $224,611.38. Following the completion of the sale, the insider owned 17,922 shares of the company’s stock, valued at approximately $6,609,992.04. The trade was a 3.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO James P. Lang sold 860 shares of Sherwin-Williams stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $350.35, for a total transaction of $301,301.00. Following the sale, the chief accounting officer directly owned 377 shares of the company’s stock, valued at $132,081.95. This represents a 69.52% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

SHW has been the topic of a number of research reports. Mizuho reduced their target price on shares of Sherwin-Williams from $400.00 to $385.00 and set an “outperform” rating on the stock in a report on Wednesday, July 23rd. Evercore ISI boosted their target price on shares of Sherwin-Williams from $380.00 to $400.00 and gave the stock an “outperform” rating in a report on Tuesday, August 26th. Loop Capital reduced their target price on shares of Sherwin-Williams from $395.00 to $380.00 and set a “buy” rating on the stock in a report on Wednesday, July 23rd. JPMorgan Chase & Co. dropped their price target on shares of Sherwin-Williams from $390.00 to $378.00 and set an “overweight” rating for the company in a research note on Wednesday, July 23rd. Finally, Bank of America dropped their price target on shares of Sherwin-Williams from $375.00 to $368.00 and set a “neutral” rating for the company in a research note on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Sherwin-Williams has an average rating of “Moderate Buy” and an average target price of $387.13.

Sherwin-Williams Price Performance

SHW stock opened at $330.99 on Friday. The Sherwin-Williams Company has a 12 month low of $308.84 and a 12 month high of $400.42. The company has a current ratio of 0.78, a quick ratio of 0.48 and a debt-to-equity ratio of 1.78. The company has a 50-day moving average price of $353.22 and a 200 day moving average price of $347.90. The stock has a market cap of $82.53 billion, a PE ratio of 32.84, a P/E/G ratio of 3.10 and a beta of 1.20.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, July 22nd. The specialty chemicals company reported $3.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.76 by ($0.38). Sherwin-Williams had a net margin of 11.03% and a return on equity of 66.91%. The company had revenue of $6.31 billion during the quarter, compared to analysts’ expectations of $6.31 billion. During the same period last year, the firm earned $3.70 earnings per share. Sherwin-Williams’s quarterly revenue was up .6% on a year-over-year basis. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. Equities research analysts anticipate 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.