The Sherwin-Williams Company (NYSE:SHW) Stock Position Raised by Arthur M. Cohen & Associates LLC

Arthur M. Cohen & Associates LLC increased its position in The Sherwin-Williams Company (NYSE:SHW) by 26.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,253 shares of the specialty chemicals company’s stock after purchasing an additional 260 shares during the period. Arthur M. Cohen & Associates LLC’s holdings in Sherwin-Williams were worth $426,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Valued Wealth Advisors LLC grew its holdings in shares of 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 buying an additional 32 shares in the last quarter. First Personal Financial Services purchased a new stake in Sherwin-Williams in the 3rd quarter worth about $29,000. FSA Wealth Management LLC acquired a new stake in Sherwin-Williams during the 3rd quarter worth about $32,000. GHP Investment Advisors Inc. increased its holdings in shares of Sherwin-Williams by 47.5% in the 3rd 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, True Wealth Design LLC lifted its position in shares of 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 purchasing an additional 90 shares in the last quarter. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, SVP Mary L. Garceau sold 15,770 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $397.92, for a total value of $6,275,198.40. Following the completion of the transaction, the senior vice president now owns 29,205 shares of the company’s stock, valued at $11,621,253.60. This represents a 35.06 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Gregory P. Sofish sold 2,565 shares of Sherwin-Williams stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $378.63, for a total value 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. The trade was a 28.84 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.

Sherwin-Williams Trading Down 0.1 %

Shares of NYSE:SHW opened at $353.97 on Friday. The Sherwin-Williams Company has a 52-week low of $282.09 and a 52-week high of $400.42. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.51 and a current ratio of 0.83. The company has a market cap of $89.15 billion, a P/E ratio of 35.26, a P/E/G ratio of 2.39 and a beta of 1.22. The stock’s 50-day moving average is $364.55 and its 200-day moving average is $358.99.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings results on Tuesday, October 22nd. The specialty chemicals company reported $3.37 EPS for the quarter, missing the consensus estimate of $3.56 by ($0.19). Sherwin-Williams had a return on equity of 74.45% and a net margin of 11.09%. The business had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.20 billion. During the same period in the prior year, the firm earned $3.20 earnings per share. The business’s quarterly revenue was up .7% on a year-over-year basis. Equities research analysts predict that The Sherwin-Williams Company will post 11.32 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Barclays upped their price objective on shares of Sherwin-Williams from $355.00 to $370.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 23rd. StockNews.com downgraded shares of Sherwin-Williams from a “buy” rating to a “hold” rating in a research note on Thursday, November 28th. Morgan Stanley increased their price objective on Sherwin-Williams from $375.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday, October 18th. UBS Group restated an “underperform” rating on shares of Sherwin-Williams in a research note on Friday, October 18th. Finally, Wells Fargo & Company raised their price target on Sherwin-Williams from $350.00 to $400.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 15th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $402.25.

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.