Nikulski Financial Inc. Acquires 65 Shares of The Sherwin-Williams Company (NYSE:SHW)

Nikulski Financial Inc. increased its holdings in The Sherwin-Williams Company (NYSE:SHW) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,693 shares of the specialty chemicals company’s stock after purchasing an additional 65 shares during the period. Nikulski Financial Inc.’s holdings in Sherwin-Williams were worth $1,255,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of SHW. Toth Financial Advisory Corp increased its holdings in shares of Sherwin-Williams by 1.1% during the 4th quarter. Toth Financial Advisory Corp now owns 29,401 shares of the specialty chemicals company’s stock valued at $9,994,000 after acquiring an additional 306 shares during the last quarter. Cyndeo Wealth Partners LLC raised its position in shares of Sherwin-Williams by 4.7% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 10,837 shares of the specialty chemicals company’s stock valued at $3,684,000 after purchasing an additional 483 shares during the period. Cottonwood Capital Advisors LLC acquired a new stake in shares of Sherwin-Williams in the fourth quarter worth $227,000. LexAurum Advisors LLC bought a new stake in shares of Sherwin-Williams during the 4th quarter worth $15,828,000. Finally, Brighton Jones LLC grew its stake in Sherwin-Williams by 73.6% in the 4th quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock valued at $525,000 after buying an additional 655 shares during the last quarter. 77.67% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Mary L. Garceau sold 15,770 shares of the firm’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 sale, the senior vice president now directly owns 29,205 shares of the company’s stock, valued at $11,621,253.60. This trade represents a 35.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Gregory P. Sofish sold 2,565 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $378.63, for a total transaction of $971,185.95. Following the sale, the senior vice president now owns 6,329 shares of the company’s stock, valued at approximately $2,396,349.27. This represents a 28.84 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.60% of the company’s stock.

Sherwin-Williams Stock Down 0.3 %

Shares of NYSE:SHW opened at $360.06 on Friday. The company has a 50 day moving average price of $361.22 and a two-hundred day moving average price of $361.55. The company has a market capitalization of $90.68 billion, a PE ratio of 35.86, a PEG ratio of 2.78 and a beta of 1.22. 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.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Mizuho lowered their price target on Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. KeyCorp reiterated a “sector weight” rating on shares of Sherwin-Williams in a research report on Monday, October 7th. BMO Capital Markets lifted their price objective on Sherwin-Williams from $400.00 to $425.00 and gave the company an “outperform” rating in a report on Monday, September 30th. Wells Fargo & Company increased their target price on shares of Sherwin-Williams from $350.00 to $400.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 15th. Finally, UBS Group restated an “underperform” rating on shares of Sherwin-Williams in a research report on Friday, October 18th. One analyst has rated the stock with a sell rating, six have given a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $403.29.

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.