The Sherwin-Williams Company (NYSE:SHW) Shares Purchased by BSW Wealth Partners

BSW Wealth Partners grew its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 14.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,078 shares of the specialty chemicals company’s stock after acquiring an additional 135 shares during the quarter. BSW Wealth Partners’ holdings in Sherwin-Williams were worth $366,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Valued Wealth Advisors LLC boosted its holdings 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 acquiring an additional 32 shares in the last quarter. First Personal Financial Services acquired a new stake in Sherwin-Williams in the third quarter worth approximately $29,000. FSA Wealth Management LLC bought a new position in Sherwin-Williams during the 3rd quarter valued at $32,000. GHP Investment Advisors Inc. increased its position in shares of Sherwin-Williams by 47.5% during 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, Capital Performance Advisors LLP bought a new stake in shares of Sherwin-Williams in the 3rd quarter worth $38,000. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Price Performance

Shares of NYSE:SHW opened at $360.43 on Thursday. The firm has a market cap of $90.78 billion, a price-to-earnings ratio of 35.90, a P/E/G ratio of 2.78 and a beta of 1.22. The Sherwin-Williams Company has a 1 year low of $282.09 and a 1 year high of $400.42. The company has a current ratio of 0.83, a quick ratio of 0.51 and a debt-to-equity ratio of 1.97. The business has a fifty day simple moving average of $360.82 and a 200 day simple moving average of $363.06.

Insider Transactions at Sherwin-Williams

In other news, SVP Mary L. Garceau sold 15,770 shares of the stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $397.92, for a total transaction of $6,275,198.40. Following the transaction, the senior vice president now owns 29,205 shares in the company, valued at $11,621,253.60. This represents a 35.06 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Gregory P. Sofish sold 2,565 shares of Sherwin-Williams stock in a transaction on Monday, November 18th. The shares were sold at an average price of $378.63, for a total transaction of $971,185.95. Following the completion of the sale, the senior vice president now directly owns 6,329 shares of the company’s stock, valued at approximately $2,396,349.27. The trade was a 28.84 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

SHW has been the topic of several recent research reports. KeyCorp reaffirmed a “sector weight” rating on shares of Sherwin-Williams in a research note on Monday, October 7th. Barclays upped their price target on Sherwin-Williams from $355.00 to $370.00 and gave the company an “equal weight” rating in a report on Wednesday, October 23rd. StockNews.com lowered Sherwin-Williams from a “buy” rating to a “hold” rating in a research note on Thursday, November 28th. Evercore ISI upped their target price on Sherwin-Williams from $400.00 to $420.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Finally, Mizuho cut their price objective on Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, six have given a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and an average price target of $400.65.

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.