The Sherwin-Williams Company (NYSE:SHW) Stock Position Lowered by One Capital Management LLC

One Capital Management LLC cut its position in The Sherwin-Williams Company (NYSE:SHWFree Report) by 2.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,285 shares of the specialty chemicals company’s stock after selling 87 shares during the quarter. One Capital Management LLC’s holdings in Sherwin-Williams were worth $838,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SHW. OFI Invest Asset Management bought a new stake in Sherwin-Williams in the 3rd quarter valued at $25,000. Union Savings Bank bought a new stake in Sherwin-Williams in the 3rd quarter valued at $28,000. Providence Capital Advisors LLC boosted its holdings in Sherwin-Williams by 44,853.3% in the 1st quarter. Providence Capital Advisors LLC now owns 6,743 shares of the specialty chemicals company’s stock valued at $30,000 after purchasing an additional 6,728 shares during the period. BluePath Capital Management LLC bought a new stake in Sherwin-Williams in the 3rd quarter valued at $33,000. Finally, First Capital Advisors Group LLC. bought a new stake in Sherwin-Williams in the 2nd quarter valued at $37,000. 75.87% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Sherwin-Williams

In other news, COO Heidi G. Petz sold 6,699 shares of Sherwin-Williams stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $290.24, for a total transaction of $1,944,317.76. Following the completion of the sale, the chief operating officer now owns 14,718 shares in the company, valued at approximately $4,271,752.32. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, SVP Mary L. Garceau sold 923 shares of Sherwin-Williams stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $292.65, for a total transaction of $270,115.95. Following the completion of the sale, the senior vice president now owns 21,363 shares in the company, valued at approximately $6,251,881.95. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Heidi G. Petz sold 6,699 shares of Sherwin-Williams stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $290.24, for a total transaction of $1,944,317.76. Following the sale, the chief operating officer now owns 14,718 shares of the company’s stock, valued at approximately $4,271,752.32. The disclosure for this sale can be found here. Corporate insiders own 0.55% of the company’s stock.

Sherwin-Williams Trading Down 0.4 %

SHW opened at $310.38 on Tuesday. The company has a current ratio of 0.83, a quick ratio of 0.48 and a debt-to-equity ratio of 2.25. The stock has a market capitalization of $79.45 billion, a PE ratio of 33.55, a PEG ratio of 2.32 and a beta of 1.14. The Sherwin-Williams Company has a 1-year low of $205.43 and a 1-year high of $314.14. The firm has a 50-day moving average price of $303.77 and a two-hundred day moving average price of $276.81.

Sherwin-Williams (NYSE:SHWGet Free Report) last posted its quarterly earnings data on Thursday, January 25th. The specialty chemicals company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.01. The firm had revenue of $5.25 billion during the quarter, compared to analysts’ expectations of $5.23 billion. Sherwin-Williams had a net margin of 10.36% and a return on equity of 74.72%. The company’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter last year, the company posted $1.89 EPS. As a group, equities analysts anticipate that The Sherwin-Williams Company will post 11.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SHW has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Sherwin-Williams from $285.00 to $317.00 and gave the stock an “overweight” rating in a report on Friday, January 26th. UBS Group raised their price objective on shares of Sherwin-Williams from $274.00 to $312.00 and gave the stock a “neutral” rating in a report on Thursday, January 11th. The Goldman Sachs Group raised their price objective on shares of Sherwin-Williams from $295.00 to $335.00 and gave the stock a “buy” rating in a report on Thursday, December 14th. Barclays raised their price objective on shares of Sherwin-Williams from $285.00 to $315.00 and gave the stock an “equal weight” rating in a report on Monday, January 29th. Finally, Mizuho reduced their price objective on shares of Sherwin-Williams from $352.00 to $340.00 and set a “buy” rating for the company in a report on Friday, January 26th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $311.22.

View Our Latest Research Report on Sherwin-Williams

Sherwin-Williams Profile

(Free Report)

The Sherwin-Williams Company engages in the manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners.

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Institutional Ownership by Quarter for Sherwin-Williams (NYSE:SHW)

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